Property Prices in Tangerang, Indonesia

Index
Price to Income Ratio:	19.91
Mortgage as Percentage of Income:	242.52%
Loan Affordability Index:	0.41
Price to Rent Ratio - City Centre:	24.77
Price to Rent Ratio - Outside of Centre:	15.89
Gross Rental Yield (City Centre):	4.04%
Gross Rental Yield (Outside of Centre):	6.29%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	4,083,333.33 Rp	2,500,000.00-6,000,000.00
Apartment (1 bedroom) Outside of Centre	3,333,333.33 Rp	2,000,000.00-5,000,000.00
Apartment (3 bedrooms) in City Centre	11,000,000.00 Rp	7,000,000.00-15,000,000.00
Apartment (3 bedrooms) Outside of Centre	6,975,000.00 Rp	3,900,000.00-8,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,508,361.20 Rp	1,858,045.34-3,994,797.47
Price per Square Feet to Buy Apartment Outside of Centre	1,151,988.11 Rp	743,218.13-2,229,654.40
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,948,000.00 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	10.75	8.70-14.00

These data are based on 55 entries in the past 18 months from 9 different contributors.
Last update: October 2023

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	11,812.00
GDP Growth Rate:	5.03%
Population Growth Rate:	0.81%