Market Overview:
The Indonesia real estate market size is projected to exhibit a growth rate (CAGR) of 5.51% during 2024-2032. The rising population and urbanization in the country, burgeoning middle class with growing disposable income, the strategic geographical location of the country, the implementation of various government policies and initiatives, the evolution of the financial sector, and the development of educational facilities and universities represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
5.51% |
Real estate refers to the ownership, purchase, sale, and leasing of land, buildings, and other immovable properties. It encompasses various types, including residential, commercial, industrial, and agricultural properties, such as single-family homes, apartments, townhouses, shopping centers, offices, hotels, manufacturing facilities, and storage units. Real estate is utilized for residential housing, office buildings, shopping malls, hotels, factories, farmlands, and public infrastructure. It provides asset appreciation, rental income, and tax advantages, exhibiting employment opportunities and support for ancillary industries like construction and property management. Real estate offers numerous benefits, such as portfolio diversification, hedging against inflation, long-term capital growth, and the potential for leveraging. Additionally, it provides opportunities for value addition, a sense of community and social value, and has a lower volatility as compared to other asset classes. Real estate is also lauded for scalable investment size, asset control, and potential for renovation or development.
Indonesia Real Estate Market Trends:
The rising population and urbanization in Indonesia, creating an increased demand for residential and commercial spaces, are major factors contributing to the market growth. Besides this, the burgeoning middle class with growing disposable income, facilitating the need for high-quality housing and premium commercial spaces, is bolstering the market growth. Furthermore, the strategic geographical location of the country, making it an appealing destination for global companies, is anticipated to drive the market growth. Along with this, the implementation of various government policies and initiatives aimed at boosting investment in infrastructural development is also strengthening the market growth. In line with this, the introduction of effective regulations, making it easier for foreigners to invest in the country’s real estate, is providing a thrust to the market growth. In addition to this, the introduction of digital platforms for property transactions and virtual tours, facilitating effortless investment for domestic and international customers, is acting as a growth-inducing factor. Moreover, the growing tourism sector, driving the demand for commercial properties like hotels and resorts, is stimulating the market growth. Furthermore, the rising focus on sustainability, prompting the growing adoption of properties that employ sustainable materials and energy-efficient systems, is providing an impetus to the market growth. Additionally, the evolution of the financial sector in Indonesia, including the availability of various financing options such as attractive mortgage and loan options, is fostering the market growth. Apart from this, the widespread development of educational facilities and universities in certain regions of the country, boosting the local real estate, is offering remunerative growth opportunities to the market.
Indonesia Real Estate Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on property type.
Property Type Insights:
- Residential
- Office
- Retail
- Hospitality
- Industrial
The report has provided a detailed breakup and analysis of the market based on the property type. This includes residential, office, retail, hospitality, and industrial.
Regional Insights:
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Java, Sumatra, Kalimantan, Sulawesi, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
- Lippo Group
- PT Agung Podomoro Land Tbk
- PT Ciputra Development Tbk
- PT Intiland Development Tbk
- PT PP (Persero) Tbk
- PT Tokyu Land Indonesia
- PT. Pakuwon Jati Tbk
- Sinar Mas
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Indonesia Real Estate Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Property Types Covered |
Residential, Office, Retail, Hospitality, Industrial |
Regions Covered |
Java, Sumatra, Kalimantan, Sulawesi, Others |
Companies Covered |
Lippo Group, PT Agung Podomoro Land Tbk, PT Ciputra Development Tbk, PT Intiland Development Tbk, PT PP (Persero) Tbk, PT Tokyu Land Indonesia, PT. Pakuwon Jati Tbk, Sinar Mas, etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Indonesia real estate market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Indonesia real estate market?
- What is the breakup of the Indonesia real estate market on the basis of property type?
- What are the various stages in the value chain of the Indonesia real estate market?
- What are the key driving factors and challenges in the Indonesia real estate?
- What is the structure of the Indonesia real estate market and who are the key players?
- What is the degree of competition in the Indonesia real estate market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Indonesia real estate market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Indonesia real estate market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Indonesia real estate industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.