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
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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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.
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.
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:
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:
The report has also provided a comprehensive analysis of all the major regional markets, which include Java, Sumatra, Kalimantan, Sulawesi, and Others.
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:
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Report Features | Details |
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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:
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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) |