Destination · Indonesia · Jakarta
Jakarta.
Indonesia's economic and political capital. The country's deepest institutional property market and the Hak Pakai apartment segment that anchors most foreign-buyer activity.
Editorial introduction
Jakarta is by some distance Indonesia's largest economy, its primary financial centre and the foreign-buyer apartment market that institutional capital actually trades. The premium residential pipeline concentrates in three corridors: the Sudirman Central Business District (SCBD) and the Mega Kuningan embassy belt in South Jakarta, the Kuningan corridor adjacent, and the Pondok Indah district to the south. Each draws a different cohort and trades at a different price layer.
The rental market is far larger than the buyer market for arriving foreigners. Long-stay leases of 12 to 36 months in serviced apartments and private condominiums are the practical first-three-years solution for most of the international workforce. Multi-year prepayment is the local convention, which materially changes how foreigners structure cash and how landlords compete for tenants.
At a glance
Jakarta in numbers.
- Greater Jakarta
- ~35M
- Premium condo entry
- $2-4k/m²
- Hak Pakai term
- 30+20+30 yrs
- Two-bed condo rent
- $1.2-3.5k
- Foreign quota
- Project-level
- Soekarno-Hatta airport
- CGK
Jabodetabek metro population, the world's second-largest urban area
SCBD / Mega Kuningan new-launch pricing per square metre (USD)
Initial + extension + renewal, 80-year total foreign use right
Typical monthly long-stay rental in SCBD / Kuningan / Pondok Indah
Set by Government Regulation 18/2021 and the project developer
International gateway, direct from 40+ cities
Sources: BPS Indonesia · Bank Indonesia · CBRE Indonesia · Savills Indonesia · Latitude editorial
In the editorial pipeline
What we are building for Jakarta.
Buyer guide and rental guide ship first, in parallel. The developments directory, agencies, providers and lifestyle rolls out behind. Subscribe to be notified when each section goes live.
Buyer Guide
How foreigners buy here
Hak Pakai mechanics, the KITAS residence requirement, leasehold versus right-to-use, minimum-price thresholds and the practical due diligence most foreign buyers skip.
Rental Guide
Renting long-term as a foreigner
Standard lease terms, deposit norms, the multi-year-prepay convention, the expat neighbourhoods and what they actually cost month to month.
Directory
Developments directory
The major Indonesian developers and the foreign-eligible projects relevant to international buyers and long-stay residents.
Agencies
Real estate agencies for sales and rentals
International brokerages and trusted local specialists handling the day-to-day foreign-buyer and long-stay rental market.
Service Providers
Trusted legal, tax and banking specialists
Notaries (PPAT), tax advisors, banking partners, visa specialists and relocation firms vetted for foreign-buyer and rental work.
Lifestyle
Dining, design, culture
The dining rooms worth booking, the neighbourhoods worth walking, the design and culture worth knowing for long-stay residents.
For property brands & agencies
Operating in Jakarta?
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