BI: Residential Property Price Survey Deadlines by 25.67%

Based on Bank of Indonesia’s Residential Property Price Survey, price growth was recorded with a decline in line with lower aggregate transaction volume as shown by the index of sold residential property unit index by 25.67% after recording 7.83% positive growth. With KPR mortgage scheme market share reaching 69.87% of the total transactions, the public’s purchasing power remained sensitive to the fluctuating key interest rates and bank stimulus policies.