FX.co ★ Indonesia Q1 House Prices Rise the Least 3-1/2 Years

In the first quarter of 2025, residential property prices in Indonesia saw a modest increase of 1.07% compared to the previous year. This represented a slowdown from the 1.39% rise observed in the final quarter of 2024 and was the most subdued growth recorded since the third quarter of 2021. This trend was primarily due to weakened purchasing power and an uptick in layoffs. Property price increases were seen across all categories but at a moderated rate: small houses saw prices rise by 1.39% (down from 1.84% in Q4), medium-sized homes by 1.14% (compared to 1.31%), and larger properties by 0.96% (down from 1.46%). Examining various cities showed that price growth decelerated most notably in Samarinda, where it dropped from 2.36% to 0.18%, in Denpasar from 1.79% to 0.90%, in Padang from 1.28% to 0.84%, and in Batam from 2.41% to 1.84%.