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Where are the best places to invest in Makassar right now? Is the city center still the top pick, or are areas like Panakkukang, Tallo, and Tamalanrea gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with local developers, real estate agents, and clients who invest across the region. 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 Makassar 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.
1) Biringkanaya is booming with new residential developments and its strategic location near the airport
Biringkanaya is booming, thanks to new residential developments and its prime location.
Take the Virginia Park Development, for example. It's a major project that's almost finished and is a clear sign of ongoing residential activity in the area. People are flocking to Biringkanaya, drawn by the promise of new homes and a vibrant community.
Another big draw is Biringkanaya's strategic location near Sultan Hasanuddin International Airport. This makes it super convenient for frequent travelers and investors who see the potential in being close to a major transport hub. The buzz around the area is also pushing property prices up, making it a hot spot in Makassar.
On top of that, the Makassar Livable City Plan (MLCP) is working wonders for the area. With backing from the Asian Development Bank, they're improving infrastructure and road connectivity, which is a game-changer for residents. These upgrades are making Biringkanaya more livable and attractive for both locals and newcomers.
All these factors are turning Biringkanaya into a sought-after destination. The combination of new housing projects, airport proximity, and infrastructure improvements is creating a perfect storm for growth. It's no wonder that interest and demand are skyrocketing here.
So, if you're thinking about buying property, Biringkanaya is definitely worth a look. With its rapid development and strategic advantages, it's a place that's on the rise and full of potential.
Sources: Makassar Livable City Plan: Situation Assessment Report, Virginia Park in Biringkanaya, Makassar, Indonesia, Outlook 2025 & overview 2024: Growth and luxury real estate
2) Manggala is gaining interest for its modern housing projects and rising property values as the area develops
Manggala is quickly becoming a favorite spot for property buyers due to its modern housing projects and rising property values.
In recent years, property prices in Manggala have surged, with land plots now ranging from Rp 3.33 million to Rp 214 million per square meter. This jump in value makes it a hot investment destination.
From 2023 to 2024, the area saw a boom in suburban development with large-scale projects like Bukit Baruga, Villa Surya Mas, and BTN MakkioBaji. These projects have brought a modern touch to Manggala, attracting buyers who crave contemporary living.
The Indonesian government's infrastructure initiatives, including the new Port of Makassar, have boosted the city's connectivity and livability. This development makes Manggala even more enticing for investors eager to tap into its growth.
Local and foreign investors are eyeing Manggala, drawn by its potential for growth and modern amenities. The area's transformation is a magnet for those looking to invest in a promising locale.
With its blend of modern housing and increasing property values, Manggala is a prime choice for those seeking a smart investment in a developing area.
Sources: Properties for Sale in Makassar, Informal Economic Dynamics and Strategies on Urban Sprawl, Makassar - Urban Situation Assessment, Jual Tanah di Manggala, Makassar | Harga per Meter Terbaru
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Indonesia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
3) Bontoala is gaining interest for its affordable homes and better public transport links
Bontoala is quickly becoming a hot spot for affordable housing.
In the past, Makassar faced a big issue with a lack of affordable homes, especially for those with lower incomes. But now, as people start earning more, this problem is easing up. Bontoala stands out by offering more budget-friendly housing compared to other areas.
Another reason Bontoala is catching attention is its improving public transport. The Mamminasata Bus Rapid Transit (BRT) system is back in action, albeit with fewer buses. This system connects important places in the region, making Bontoala more accessible and appealing to buyers and renters.
There's a growing demand for affordable homes, and Makassar is focusing on better public transport. Bontoala is poised for growth because of these trends. Even without specific numbers on new housing or commute times, the infrastructure upgrades hint at good things for the area.
Locals are noticing these changes, and it's creating a buzz. People are starting to see Bontoala as a promising place to live, thanks to these developments.
With these improvements, Bontoala is becoming a desirable choice for those looking to buy property in the country. The combination of affordable housing and better transport links is hard to ignore.
Sources: National Low Income Housing Coalition (NLIHC) - Gap Report 2024, EIB - Bus Rapid Transit in Metropolitan Makassar, Commerce.WA.Gov - Report on State-Funded Affordable Housing
4) Makassar City Center is thriving for its central location and high foot traffic, making it ideal for commercial real estate
Makassar City Center is a hotspot for commercial real estate thanks to its central location and bustling foot traffic.
Imagine a place where businesses thrive, and that's Makassar City Center. It's not just about location; it's about the dense and diverse business environment that makes it a commercial hub. Picture main roads lined with shops and offices, all buzzing with activity.
Now, add to that the charm of a global gateway city. With high international tourism, Makassar sees a steady stream of visitors, which means more spending and more business opportunities. Think of it as a magnet for retailers looking to tap into a dynamic market.
Looking ahead, the retail real estate scene in 2025 is set to grow, especially in places like Makassar City Center. This could mean higher rental yields for those investing in prime spots. It's like getting in on the ground floor of something big.
Infrastructure is another piece of the puzzle. Ongoing projects are making the city center more accessible, which is a big plus for investors. The government's role in urban planning, with policies that might favor commercial investments, adds another layer of appeal.
So, if you're thinking about investing in property, Makassar City Center offers a mix of opportunity and growth potential that's hard to ignore.
Sources: JSTAGE, DocsDrive, 2025 Real Estate Outlook
5) Rappocini is in demand for its rental properties, driven by students attending nearby universities
Rappocini is a hot spot for investors due to its steady demand for rental properties from students attending nearby universities.
Being close to major universities like Hasanuddin University and Universitas Negeri Makassar makes Rappocini a convenient choice for students. This proximity naturally boosts the demand for rentals, a trend that has been consistent over the past few years and is expected to continue.
Makassar's student population is growing, with the city's population projected to hit 1,737,390 by 2025. A significant chunk of this growth comes from students, which means higher demand for housing in areas like Rappocini. Investors see this as a stable opportunity, knowing that the influx of students will likely keep rental properties occupied.
Rent prices in Makassar are on the rise, suggesting favorable returns for rental investments. While specific data for Rappocini isn't available, the general trend indicates that investors can expect good returns. This is backed by forecasts predicting a rise in rents due to a shortage of affordable rental housing.
Rappocini's appeal isn't just about location; it's also about the lifestyle. Students love the vibrant community and easy access to amenities, making it a desirable place to live. This adds another layer of security for investors, knowing that the area will remain attractive to renters.
Investors are drawn to Rappocini not just for the current demand but for its potential. With the ongoing growth in student numbers and rising rents, the area offers a promising future for rental property investments.
Sources: World Population Review, Rental Housing Journal, Buildium, Wikipedia
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6) Tamalate is attracting interest with its affordable property prices and appreciation potential as infrastructure projects progress
Tamalate is catching the eye of potential property buyers due to its affordable prices and promising growth prospects.
Back in 2023 and 2024, the buzz was all about the Makassar New Port access toll road. This major project, which kicked off in 2022, was a game-changer, boosting the local economy and making the area more connected. As a result, property transactions started to pick up.
When you compare Tamalate to other districts in Makassar, property prices here are generally lower. This affordability is a magnet for buyers, especially with the new infrastructure making Tamalate more accessible and attractive. The Public Works and Public Housing Ministry's plan for the toll road, spanning 2.74 hectares, is set to cut travel time for container transport by four times, enhancing the area's economic appeal.
Experts are optimistic about property values in Makassar, including Tamalate. They predict a 4.8% growth in 2024 and another 1.5% bump in 2025. This is partly due to demographic trends showing population growth in Makassar, likely spurred by better infrastructure and economic opportunities.
With these developments, the demand for properties in Tamalate is expected to rise. The area's potential for appreciation is becoming more evident as these infrastructure projects reach completion.
Sources: Indonesia Water Portal, Norada Real Estate
7) Ujung Pandang is gaining interest for its historical charm and rising property prices due to limited availability
Ujung Pandang, now called Makassar, is a city with a rich historical background that draws in those who appreciate cultural heritage.
Once a bustling port and spice smuggling hub in the 16th century, Ujung Pandang's history is woven with tales of the Portuguese and later the Dutch, who made it a free port in 1848. This deep historical significance makes it a magnet for culture lovers.
Today, the city's historical districts are gaining popularity as people seek areas rich in culture. The central market is a key commercial hub, and the presence of several universities indicates a growing interest in living and investing here. Limited land availability, with only 175.77 km², means new construction is rare, pushing property prices up.
Compared to other areas in Makassar, property prices in Ujung Pandang are on the rise. The median home price is projected to be $410,700 in 2025, up 2% from 2024. Real estate market reports highlight Ujung Pandang as a high-demand area, thanks to its economic growth and strong commercial center.
In 2023, Makassar's economy grew over 9%, with significant investments in infrastructure projects. Real estate agents often talk about Ujung Pandang's popularity due to its historical charm and cultural significance. Government initiatives to preserve its historical integrity add to its appeal.
Media coverage highlights Ujung Pandang's charm, drawing attention from local and international audiences. Recent property sales show significant price appreciation, indicating a strong market with rising property values.
Sources: NAR Realtor, Encyclopedia.com, Wikipedia
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.