Property Prices in Tangerang, Indonesia

Index
Price to Income Ratio:	18.58
Mortgage as Percentage of Income:	217.02%
Loan Affordability Index:	0.46
Price to Rent Ratio - City Centre:	24.80
Price to Rent Ratio - Outside of Centre:	20.18
Gross Rental Yield (City Centre):	4.03%
Gross Rental Yield (Outside of Centre):	4.95%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	4,250,000.00 Rp	3,500,000.00-6,000,000.00
Apartment (1 bedroom) Outside of Centre	3,100,000.00 Rp	2,000,000.00-10,000,000.00
Apartment (3 bedrooms) in City Centre	12,333,333.33 Rp	10,000,000.00-15,000,000.00
Apartment (3 bedrooms) Outside of Centre	8,166,666.67 Rp	8,000,000.00-8,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,725,133.16 Rp	1,858,045.34-3,994,797.47
Price per Square Feet to Buy Apartment Outside of Centre	1,532,887.40 Rp	1,114,827.20-2,229,654.40
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,166,666.67 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	10.12	8.70-14.00

These data are based on 45 entries in the past 18 months from 9 different contributors.
Last update: April 2021

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country data (source The World Bank, 2019)
GDP Per Capita ($) :	12,400.00
GDP Growth Rate:	5.10%
Population Growth Rate:	0.86%