Authored by the expert who managed and guided the team behind the Indonesia Property Pack
Yes, the analysis of Jakarta's property market is included in our pack
Where are the best places to invest in Jakarta right now? Is South Jakarta still the top pick, or are areas like North Jakarta, West Jakarta, and Central Jakarta gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Jakarta and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Sudirman Central Business District is booming with premium office spaces and high rental yields
The Sudirman Central Business District (SCBD) in Jakarta is booming with its premium office spaces.
In 2024, SCBD's office spaces were bustling, maintaining a solid 74.4% occupancy rate in the third quarter. This high occupancy shows just how attractive the area is for businesses and professionals looking for a prime location. The district's appeal is undeniable, drawing in a diverse range of companies.
Investors are particularly interested in SCBD because of its high rental yields. Monthly rents for 1-2 bedroom units range from IDR 15 million to IDR 30 million, offering yields of 6-7%. This is a better deal compared to other parts of Jakarta, like Kebayoran Baru, where yields are only 5-6%. If you're looking for a place with great returns, SCBD is a top choice.
SCBD is not just about numbers; it's a hub for multinational companies, especially tech firms, which take up about 55% of the office spaces. This concentration of tech companies highlights the district's role as a key business center. The presence of embassies and major corporate headquarters adds to its prestige, making it a magnet for global businesses.
With its strategic location and vibrant business environment, SCBD continues to attract a wide array of companies. The district's infrastructure and amenities cater to the needs of modern businesses, ensuring that it remains a preferred choice for companies looking to establish a strong presence in Jakarta.
Sources: Wikipedia, Real Estate Asia, The Jakarta Post, InvestAsian
2) Puri Indah is attracting interest with its rapid commercial growth and rising property values
Puri Indah is catching eyes due to its rapid commercial growth and rising property values.
In Jakarta, property prices are on the rise, with the average cost per square meter expected to hit IDR 25 million by 2025. Puri Indah, part of the suburban scene, offers a more affordable range, between IDR 10 million and IDR 20 million per square meter, making it an attractive option for potential buyers.
The area is buzzing with new commercial projects. A standout is the Puri Indah Financial Tower, a key feature of West Jakarta's CBD since 2016. This tower is part of the Puri Indah Central Business District, which boasts five-star hotels, luxury apartments, and top-notch amenities, drawing in both businesses and residents.
Infrastructure developments have made Puri Indah more accessible. Projects like the MRT and LRT have improved connectivity, boosting property values in the area. This enhanced access is a big plus for those considering a move to the area.
Beyond infrastructure, Puri Indah offers lifestyle perks. The presence of luxury shopping malls and international standard hospitals makes it a desirable spot for both living and business. These amenities are a major draw, contributing to the area's ongoing development.
For those eyeing property in the country, Puri Indah stands out as a promising choice, thanks to its blend of affordability, accessibility, and amenities. The area's growth shows no signs of slowing down, making it a smart investment for the future.
We have made this infographic to give you a quick and clear snapshot of the property market in Indonesia. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Cilandak is gaining interest for its blend of residential and commercial properties, offering steady rental income
Cilandak is becoming a hotspot for investors thanks to its blend of residential and commercial properties.
In recent years, especially in 2023 and 2024, Jakarta's property market, including Cilandak, has shown promising growth. The Jakarta Property Watch highlights that landed housing is thriving across all price segments, signaling a stable and expanding market.
Investors are particularly interested in the rising demand for mixed-use developments. Modern office spaces with flexible layouts and advanced technology are gaining popularity as businesses aim to boost productivity. This trend is fueled by Indonesia's growing economy and a favorable investment climate, attracting both local and international investors.
The development of new commercial hubs, like the Cilandak Commercial Estate, plays a crucial role in this growth. Developed by PT. Bhumyamca, this project is set to draw more businesses and investors, further boosting the area's appeal.
Infrastructure improvements in Cilandak are also making it more attractive to investors. These enhancements not only improve living conditions but also enhance access to essential services, making the area even more desirable.
Sources: Statista, KF Map, YouTube
4) Kemang is popular with expatriates, driving high rental demand and strong investment returns
Kemang is a top choice for expatriates, driving up rental demand and investment returns.
With its welcoming vibe and amenities, Kemang attracts many international residents. Rental prices have surged, showing just how popular the area has become. By late 2023, the average rent hit IDR410,707 per square meter monthly, a testament to the demand for upscale serviced apartments.
Occupancy rates are climbing too, with a 3.5% increase by Q3 2023, reaching 60.5%. This high occupancy highlights the strong rental demand, making Kemang a smart pick for property investors.
Real estate reports often spotlight Kemang for its expat-friendly perks. Its proximity to international schools and business hubs makes it a magnet for families and professionals moving to Jakarta.
Safety and convenience are big draws here. Expatriates appreciate the easy access to amenities and the vibrant community vibe, which adds to the area's appeal.
For those considering property investment, Kemang's consistent rental demand and rising prices offer promising returns. The area's reputation as an expat haven continues to bolster its real estate market.
Sources: Rental Market Trends in Jakarta, International Schools in Jakarta
5) Kuningan is thriving with high demand for office spaces, driving up rental rates and property values
Kuningan is a top choice for office spaces in Jakarta.
Businesses are flocking to Kuningan, and it's easy to see why. The area has experienced a notable rise in occupancy rates, signaling its growing appeal. This trend has been steady, reflecting a positive outlook for Jakarta's office market. Companies are drawn to Kuningan's vibrant business environment, making it a hotspot for office space seekers.
Rental prices in Kuningan are climbing, fueled by the surge in demand for office spaces. Real estate agencies consistently rank Kuningan as a leading business district. The shift towards hybrid workspaces and the emergence of new mixed-use developments are key factors driving this demand. As a result, rental rates have been steadily increasing, with expectations for this trend to persist.
Property transactions in Kuningan are on the upswing, thanks to its reputation as a thriving business hub. The area's strategic location and supportive government policies have attracted foreign investors, boosting property values. Infrastructure upgrades, like new MRT lines and toll roads, are enhancing connectivity, making Kuningan even more appealing to businesses.
With these developments, Kuningan is becoming a magnet for companies looking to establish a presence in Jakarta. The combination of high demand, strategic location, and improved infrastructure is pushing up both rental rates and property values. Businesses are eager to tap into the opportunities that Kuningan offers, making it a prime area for office spaces.
Sources: Real Estate Asia, Colliers
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6) Pondok Indah is gaining attention for its upscale homes and strong appreciation potential
Pondok Indah is famous for its upscale residential properties, thanks to rising property prices in recent years.
In 2023 and 2024, Jakarta's economic growth significantly boosted property values in Pondok Indah. This economic upswing, along with higher incomes and increased investments, has turned the area into a prime spot for property appreciation.
The demand for luxury homes in Pondok Indah is climbing, especially among high-net-worth individuals and expatriates. This is largely because the area is seen as a desirable place to live, which has further pushed up property values. The presence of international schools and upscale shopping centers, like the well-known Pondok Indah Mall, adds to its charm, drawing families who want quality education and shopping experiences.
Significant investments in infrastructure and amenities have made Pondok Indah even more attractive. Ongoing development projects, including new infrastructure and improved public services, have been key in driving up property values. The area's low crime rates also make it a safe and appealing place for both locals and expatriates.
For those considering buying property here, it's worth noting that Pondok Indah offers significant appreciation potential. The combination of economic growth, demand for luxury homes, and continuous development makes it a promising investment.
Sources: Pondok Indah - Wikipedia, Understanding Pondok Indah Property Values, Learn These 10 Property Trends in 2024 - Lets Move Group
7) Tebet is gaining attention for its affordable homes and potential for property value growth
Tebet is becoming a hotspot for affordable housing, especially since 2023.
Young professionals and small families are flocking to Tebet, drawn by its vibrant culinary scene and lower property prices compared to other Jakarta areas. This makes it a top choice for those seeking budget-friendly living.
New residential developments are popping up all over Tebet, which is boosting property values and attracting investors. The area's strategic location and ongoing infrastructure projects are key reasons for its growth potential.
Local government initiatives are working to improve Tebet's urban environment, making it even more appealing. Media coverage is also highlighting Tebet's status as a rising residential hotspot, adding to its allure.
These efforts are not just about aesthetics; they are about creating a community that offers both affordability and growth prospects. Tebet's transformation is being noticed by those looking for a smart investment in Jakarta's real estate market.
With all these factors in play, Tebet is quickly gaining recognition as a place where you can find both value and potential. It's a neighborhood on the rise, offering a unique blend of affordability and opportunity.
Source: InvestAsian
8) Pluit is gaining interest for its coastal proximity and new developments, boosting property demand
Pluit is becoming a hotspot for property buyers due to its prime coastal location and new developments.
With the rise of trendy spots and commercial spaces, property prices in Pluit are climbing, attracting both residents and investors. The area is buzzing with new projects like the Pluit Seaview (Ibiza Tower), which are reshaping the neighborhood.
These developments are not just about new buildings; they are about creating a lifestyle. Pluit's appeal is growing with each new residential and commercial project, making it a magnet for potential buyers. The local government is also investing in infrastructure, like extending public transport lines, which is a big plus for property values.
Jakarta's urban expansion is clearly moving towards the coast, and Pluit is at the forefront of this trend. Coastal living is becoming increasingly popular, and Pluit is a prime example of this shift. The area is not just about living by the sea; it's about enjoying new amenities and a vibrant community.
For those looking to invest, Pluit offers a promising opportunity. The combination of new developments and improved infrastructure is boosting the long-term value of properties here. It's a place where modern living meets the charm of coastal life.
As more people discover the benefits of living in Pluit, the demand for property continues to rise. The neighborhood's transformation is drawing attention from both local and international buyers, making it a sought-after destination.
Sources: Global Property Guide, InvestAsian
We made this infographic to show you how property prices in Indonesia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) Bintaro is booming with its strategic location and improved infrastructure driving up property prices
Bintaro is booming thanks to its strategic location and better infrastructure.
Property prices here are climbing, largely because Bintaro is so close to Jakarta. This makes it a hot spot for both homebuyers and investors. New transportation links are a big part of this growth, even if the specifics aren't all laid out. The Indonesian government is busy with projects like new MRT lines and toll roads, which are making Bintaro more connected and attractive.
The Bintaro Jaya West District Master Plan is also a game-changer. It includes smart strategies for water resilience and climate change, which are making the area more appealing. These developments are catching the eye of investors who see potential in Bintaro.
Commercial development is on the rise too. The master plan is adding new commercial spaces, which are expected to draw more businesses and residents. This commercial boom is likely to push property prices even higher, as the area becomes more vibrant and desirable.
With its strategic location, improved infrastructure, and growing commercial scene, Bintaro is on the up and up. Investors are taking note, seeing it as a promising opportunity.
As Bintaro continues to develop, property values are expected to keep rising, making it a smart choice for those looking to invest in the area.
Sources: InvestAsian, FuturArc
10) Menteng is attracting investors with its prestigious historic homes and long-term appreciation potential
Menteng is one of Jakarta's most prestigious neighborhoods, drawing in investors eager for long-term gains.
Property prices here are expected to climb by 3% to 7% annually from 2023 to 2025, thanks to a mix of limited housing stock and the allure of renovated heritage buildings. This area is in high demand, especially for those seeking prime real estate in central Jakarta.
Menteng's charm lies in its history and unique architecture. Originally designed as Jakarta's first villa housing complex, it follows the garden city model with wide boulevards and a central public square. Iconic landmarks like the Kunstkring Art Gallery add to its appeal.
Low property turnover rates in Menteng suggest long-term ownership and appreciation. This neighborhood has been elite since Indonesia's independence, making it one of the priciest areas in the capital. The presence of embassies and international organizations further attracts high-end buyers.
New luxury developments are on the horizon, promising to boost property values even more. Menteng's reputation as a high-end area is bolstered by its status as a hub for international diplomacy, with many embassies choosing to set up here.
Investors are drawn to Menteng not just for its current prestige but for its potential for future growth. The combination of historical significance, architectural beauty, and strategic location makes it a prime choice for those looking to invest in Jakarta's real estate market.
Sources: World Garden Cities, Wikipedia, Mordor Intelligence
11) Pantai Indah Kapuk is gaining attention for its luxury waterfront developments and rising property values
Pantai Indah Kapuk (PIK) is booming in property value thanks to its luxury waterfront developments.
Located in North Jakarta, PIK has become a real estate hotspot. While Jakarta's property prices were expected to rise by 3% to 7% annually in 2023 and 2024, PIK has outpaced these projections due to its upscale developments. The area boasts strong rental yields, with North Jakarta offering an average gross rental yield of 6.54% for studios and 4.83% for three-bedroom apartments, showcasing the high demand for housing in PIK.
The allure of luxury waterfront properties is a major draw. PIK is famous for its high-end waterfront apartments and homes along the Java Sea coastline. This has attracted both local and foreign investors, who are interested in the area's integrated township that combines social, economic, health, conservation, sustainability, education, and cultural elements.
New high-end residential projects, like the PIK2 extension, are further boosting property values. This extension features luxury waterfront apartments, world-class offices, R&D facilities, an academic campus, and a wetland park conservation, education, and tourism facility. These developments have turned PIK into a sought-after destination, enhancing its lifestyle offerings with thematic spots like Pantjoran PIK, Urban Farm PIK, and By The Sea PIK.
PIK's transformation into a luxury hub is not just about real estate; it's about creating a vibrant community. The area offers a unique blend of modern living and natural beauty, making it a prime choice for those seeking a high-quality lifestyle. Investors are particularly drawn to the area's potential for long-term growth, given its strategic location and comprehensive amenities.
With its strategic location and comprehensive amenities, PIK is not just a place to live but a lifestyle destination. The combination of luxury, convenience, and natural beauty makes it an attractive option for both local and international buyers. The area's potential for long-term growth continues to draw investors looking for promising returns.
Sources: Tatler Asia, HOK, Global Property Guide
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.