Jakarta Condominium Market Overview H1 2022

Research Date: Friday, 23 September 2022
Jakarta Condominium Market Overview H1 2022 | KF Map – Digital Map for Property and Infrastructure in Indonesia

The pre-sales rate in the first half of 2022 was registered flat, with the market expected to remain sluggish despite increased activities and the extended VAT waiver. Excess supply, increased cost of construction and potential rising interest rates may impede the recovery and affect the confidence in the post-pandemic period.

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