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Indonesia: House Prices, Rents, and Rental Yields

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Last Updated: Apr 25, 2008

Excellent yields on Jakarta apartments

Last Updated: Apr 25, 2008
JAKARTA1 - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
60 sq. m. 78,720 733 11.18% 1,312 12.22
120 sq. m. 162,480 1,526 11.27% 1,354 12.72
200 sq. m. 342,600 2,698 9.45% 1,713 13.49
350 sq. m. 641,200 4,211 7.88% 1,832 12.03
BALI - Villas
175 sq. m. 241,500 959 4.77% 1,380 5.48
325 sq. m. 377,000 1,609 5.12% 1,160 4.95
600 sq. m. 744,000 2,370 3.82% 1,240 3.95
1 CENTRAL JAKARTA: Menteng, Golden Triangle (formed by Jl. Sudirman, Jl. Gatot Subroto and Jl. Rasuna Said), and Kuningan. SOUTH JAKARTA: Kebayoran, Kemang, Pondok Indah, Cilandak/Cipete, Pasar Minggu, Lebak Bulus
Source: Global Property Guide

Yields on apartments in Jakarta have decreased but are still excellent at 9.9%. This is because apartment prices increased slightly faster than rent. A 120-sq. m apartment now sells for around US$1,354 per sq. m from only US$993 per sq. m last year. Apartment prices in Jakarta average US$1,552 per sq. m.

On the other hand, villas in the popular tourist destination, Bali, have much lower gross rental returns at around 4.57%.

 

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