NUMBEO

Property Prices in Jakarta, Indonesia

Index Info
Price to Income Ratio: 17.33
Mortgage as Percentange of Income: 188.44%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 14.94
Price to Rent Ratio - Outside of Centre: 17.46
Gross Rental Yield (City Centre): 6.70%
Gross Rental Yield (Outside of Centre): 5.73%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 6,851,461.63 Rp 4,000,000.00-13,000,000.00
Apartment (1 bedroom) Outside of Centre 3,339,893.02 Rp 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) in City Centre 20,633,333.33 Rp 14,000,000.00-30,000,000.00
Apartment (3 bedrooms) Outside of Centre 8,081,753.95 Rp 5,000,000.00-12,000,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 2,702,363.00 Rp 1,858,045.34-3,994,797.47
Price per Square Feet to Buy Apartment Outside of Centre 1,365,082.68 Rp 929,022.67-1,858,045.34
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 6,315,079.37 Rp
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 9.10 8.00-11.00

These data are based on 170 entries in the past 18 months from 42 different contributors.
Last update: December 2017

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2 Comments so far

#Ray on Aug 12, 2015 :
Although i am not local, but i've been there a couple of times in the last few years. It may not seem to make sense at first, but price of properties around Jakarta went up more than double some even quadrupled in the last few years or so. Furthermore, most low income people don't live in an apartment. What they called Apartment in jakarta is high end. Low income earner which makes the majority of people live in less desirable homes in the slumps of Jakarta.
I think the real estate price bubble is going to pop soon as it is unsustainable.
#John Flower on Jan 25, 2015 :
The average monthly salary after tax is one quarter of the cost to rent a 3 bedroom apartment in the city. This does not make sense to me unless you rental data is based on commercial/expat rentals. Even if you consider a 3 bedroom rental outside the city, this will still be more than 50% of the average monthly salary after tax! How can any local person live in these conditions?