Own property in

What is the cost of buying a house in Jakarta?

buy property in jakarta

Table of Contents

Jakarta may seem like a concrete jungle to most people. However, some villas in Jakarta offer a calm and tranquil experience for a break from the fast-paced city. Residential properties continue to receive positive responses in 2023. So whether you want it as a temporary vacation place or a real estate investment, here is what you need to know about the cost of buying a house in Jakarta.

How much does a house in Jakarta cost?

The cost of a house or villa in Jakarta can vary greatly depending on various factors such as location, size, amenities, and condition. Generally, villas in Jakarta cost an average of IDR 17.7 million ($1,151) per square meter. 

The cost of maintaining a villa in Jakarta can also be relatively high due to expenses such as security, gardening, and utilities. It’s essential to consult with a real estate agent or conduct thorough research to understand the cost of a villa in Jakarta.

House prices in Jakarta per area and neighborhood

The best places to buy property in Jakarta depend on individual preferences and priorities. However, some areas are considered more desirable due to their location, amenities, and infrastructure. Below, you find the property prices and land prices in Jakarta for each area, district, and neighborhood.

Get help with buying property in Jakarta

Leave your name and email below – Our property expert in Jakarta will reach out to explain more on this topic and answer all your questions.

South Jakarta

South Jakarta is known for its upscale residential areas, such as Pondok Indah and Kemang, which offer a high standard of living, proximity to international schools, and easy access to business districts.

House and land prices in South Jakarta

Average buy priceAverage price/sqm.Average rent price
VillaIDR 1.8 billion ($117,000)IDR 14 million ($910)IDR 65.7 million ($4,271)
LandIDR 2.3 billion ($149,500)IDR 9 million ($585)IDR 218 million ($14,170)
Source: Dotproperty.id

West Jakarta

West Jakarta is an emerging area with many new residential developments and commercial centers, making it a good option for those seeking modern amenities.

House and land prices in West Jakarta

Average buy priceAverage price/sqm.Average rent price
VillaIDR 2.2 billion ($143,000)IDR 15 million ($975)IDR 60 million ($3,900)
LandIDR 4 billion ($260,000)IDR 14.8 million ($962)–    
Source: Dotproperty.id

North Jakarta

North Jakarta is a coastal area of the city home to around 2 million people. It is known for its bustling port, maritime industry, and diverse communities. Some popular attractions include the Ancol Dreamland complex, which features amusement parks, beaches, and a marina, and the historic Sunda Kelapa port, which dates back to the 16th century.

House and land prices in North Jakarta

Average buy priceAverage price/sqm.Average rent price
VillaIDR 3.5 billion ($227,500)IDR 19 million ($1,235)IDR 76 million ($4,940)
LandIDR 4 billion ($260,000)IDR 12.6 million ($819)IDR 470 million ($30,550)
Source: Dotproperty.id

Central Jakarta

Central Jakarta is the heart of Jakarta and the capital city of Indonesia. It is home to the presidential palace, national monuments, government offices, and major commercial centers. Central Jakarta is also a cultural hub, with many museums, theaters, and art galleries showcasing Indonesia’s rich history and heritage

House and land prices in Central Jakarta

Average buy priceAverage price/sqm.Average rent price
VillaIDR 3.8 billion ($247,000)IDR 18.7 million ($1,216)IDR 76 million ($4,940)
LandIDR 4 billion ($260,000)IDR 24.6 million ($1,599)
Source: Dotproperty.id

East Jakarta

East Jakarta is more affordable and has a growing middle-class population, making it a good choice for those seeking lower-priced properties.

House and land prices in East Jakarta

Average buy priceAverage price/sqm.Average rent price
VillaIDR 1.8 billion ($117,000)IDR 14 million ($910)IDR 65.7 million ($4,271)
LandIDR 2.4 billion ($156,000)IDR 9 million ($585)IDR 219 million ($14,235)
Source: Dotproperty.id

What is the average property rental yield in Jakarta?

It is important to note that rental yields vary widely and are influenced by market conditions, demand, and property type. To find the average yield, check out the Jakarta property ROI guide.

Calculate the building costs of your property in Jakarta

Proper planning and research make it possible to estimate the construction costs for property in Jakarta accurately. Some key factors to consider include the land’s location, the villa’s size, the quality of materials used, and the labor costs. By breaking down each cost element and creating a budget, you can better understand the total cost of building your dream villa in Jakarta. To help with this process, our online calculator can assist in estimating the costs based on your specific needs and preferences.

Work with a real estate agent in Jakarta

When you let a real estate agent in Jakarta assist you, you save time and avoid headaches. Imagine no more hassle in finding the right buyers or tenants, handling paperwork, or negotiating deals. The real estate agent handles property viewings, ensures smooth transactions, and helps you get the best value for your property. You can also seek assistance for just one specific aspect of the selling or renting process.

Interested? Make your real estate journey smoother, and consult with our expert real estate agent to discover the possibilities for your property in Jakarta.

Get help with buying property in Jakarta

Leave your name and email below – Our property expert in Jakarta will reach out to explain more on this topic and answer all your questions.

Conclusion

Buying a villa in Jakarta can be a lucrative opportunity, with the potential for high rental yields and appreciation in property value. The cost of an estate in Jakarta varies depending on several factors. However, it’s essential to remember that investing in a villa also comes with additional expenses, such as maintenance, property taxes, and management fees. Ultimately, conducting thorough research and consulting with a trusted real estate agent is necessary to determine the potential return on investment of investing in a villa in Jakarta.

Frequently Asked Questions (FAQs)

Are houses in Jakarta expensive?

As Jakarta’s capital and central business hub, houses in Jakarta are generally more expensive than neighboring cities.

Why are houses in Jakarta so expensive?

Houses in Jakarta can be expensive because of the need for a more available land area. In addition, as the country’s central economic hub, businesses are found in the city, which contributes to the high demand for office spaces and accommodation.

Can you rent out your villa in Jakarta?

Yes! You can rent out your villa. However, you must comply with local regulations and possess the licenses and permits to rent your property legally. It is essential to consult a lawyer or real estate agent to ensure compliance.

What is the land price in Jakarta?

The house price in Jakarta is different for each area, ranging from an average of IDR 9 million ($585) per square meter to IDR 24.6 million ($1,599) per square meter.

What is the house price in Jakarta?

The house price in Jakarta is different for each area, ranging from IDR 1.8 billion ($117,000) to IDR 3.8 billion ($247,000).

Leave a Reply

Your email address will not be published. Required fields are marked *

Free e-book
Your Comprehensive Guide to Buying Property in Jakarta

Get help with buying property in Jakarta

Free e-book
Your Comprehensive Guide to Buying Property in Jakarta

Get help with buying property in Jakarta

Leave your name and email below – Our property expert in Jakarta will reach out to explain more on this topic and answer all your questions.