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Last Updated: Jun 07, 2011 |
| JAKARTA - Apartments |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 45 sq. m. |
81,855 |
698 |
10.24% |
1,819 |
15.52 |
| 75 sq. m. |
129,900 |
1,187 |
10.97% |
1,732 |
15.83 |
| 120 sq. m. |
213,720 |
1,819 |
10.21% |
1,781 |
15.16 |
| 200 sq. m. |
432,000 |
3,318 |
9.22% |
2,160 |
16.59 |
| BALI - Villas |
|
| 150 sq. m. |
235,650 |
1,100 |
5.60% |
1,571 |
7.33 |
| 250 sq. m. |
360,750 |
1,568 |
5.21% |
1,443 |
6.27 |
| 450 sq. m. |
648,450 |
2,187 |
4.05% |
1,441 |
4.86 |
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.