Every quarter, Colliers provides research reports that can be downloaded for free. From our research report, you can obtain key market information from demographics, trends, and forecast reports about each different property sector. Here we provide you a research report about the apartment sector in Jakarta.
With sales performance hitting a plateau, developers are conservative about their sales targets for 2018. This fact is reflected in the limited number of projects being introduced or launched in Q1. Since the middle class is considered the pillar of the property market, developers have been forced to rethink their marketing strategy to cater to the sweet spot of apartments priced at between IDR500 million and IDR1.5 billion. This range reflects the buying power of Indonesia’s growing middle class.
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