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Last Updated: April 30, 2010 |
| JAKARTA - Apartments |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 50 sq. m. |
74,500 |
815 |
13.12% |
1,490 |
16.29 |
| 85 sq. m. |
122,485 |
1,205 |
11.81% |
1,441 |
14.18 |
| 120 sq. m. |
165,720 |
1,572 |
11.38% |
1,381 |
13.10 |
| 200 sq. m. |
354,000 |
2,908 |
9.86% |
1,770 |
14.54 |
| BALI - Villas |
|
| 150 sq. m. |
216,900 |
858 |
4.75% |
1,446 |
5.72 |
| 250 sq. m. |
325,250 |
1,725 |
6.36% |
1,301 |
6.90 |
| 400 sq. m. |
470,800 |
1,976 |
5.04% |
1,177 |
4.94 |
| 750 sq. m. |
914,250 |
n.a. |
n.a. |
1,219 |
n.a. |
Districts researched:
Central Jakarta: Menteng
South Jakarta: Sudirman, Kebayoran, Kemang, Pondok Indah, Cilandak/Cipete
Golden Triangle (formed by Jl. Sudirman, Jl. Gatot Subroto, and Jl. Rasuna Said), CBD, and Kuningan
Bali: Oberoi, Seminyak, Legian, Kuta, Canggu, Kerobokan, Nusa Dua, Jimbaran, Sanur
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Apartments in Jakarta continue to be very reasonably priced, at around US$ 1,500 per square metre. They also earn exceptionally good rental yields, at from 10% to 13%. The disadvantage of buying in Jakarta is complex legalities and high transaction costs.
Villas on Bali are also attractively priced. On Bali, lower rental yields can be earned, at around 5% to 7%.
Indonesia’s laws on foreign ownership were expected to be relaxed this year, but that now appears unlikely.
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