This is the current perspectives on the real estate markets and economy in the Indonesian in 2025 and 2026 recently viewed by real estate experts in the Indonesian.  They were appraisers, brokers, academicians and the like.

 

Recently, Dr.Sopon Pornchokchai, President, Agency for Real Estate Affairs (www.area.co.th) was invited to lecture to valuers in Indonesia.  It was an accredited course by MAPPI (Indonesia Society of Appraisers) via an international webinar: the Master’s Program in Property Management and Valuation, Postgraduate School, USU on "Modernizing Valuation System: The Role of CAMA (Computer-Assisted Mass Appraisal) in the Era of Big Data & AI"  Dr.Sopon conducted this survey from those participants who are experts in real estate, mostly appraisers, academicians and the like.  The number of respondents was 40 from 150 participants in the Indonesian.  This number was enough to reflect some insights. Some interesting findings were as follows:

 

 

 

Experts in the Indonesian viewed that the country’s economy in 2025 as moderate (assessed at 6.1 out of 10).  The economy in 2026 was rated better at 7.4.  This would be a great leapfrog.  Therefore, the future economy of the Indonesian was at a good hope.  Likewise, real estate markets were assessed to be moderate at 6.6 out of 10.  It was forecasted to be 7.4 out of 10 in 2025.  Real estate markets in the Indonesian may recover in the near future.

 

 

Housing as a whole constituted the largest proportion of 24.7% There were also condominiums of 6.8%  However industrial / logistics properties were also as high as 20.5%  This implied that the economy of Indonesia were growing over time together with commercial properties of 15.1%  In addition, hospitality and tourism properties were also growing with a proportion of 9.6%  There were a large diversity of real estate developments in Indonesia.

 

 

It was difficult to rank largest real estate developers.  However, Agung Podomoro, Ciputra Group and Sinar Mas Land were among Top Three largest developers.  Other Top Ten included Agung Sedayu Group, Alam Sutera Realty, Citraland, Intiland Development, Lippo Group, Pakuwon Group and Summarecon Agung.  They were ranked by alphabetical order.

 

 

Definitely, Jakarta (Jabodetabek or the Metropolitan of Jakarta) was in the first of the priority of 25.4% Surabaya was the second in the priority. Bali was the third.  Whereas, Medan, Bandung and Makassar were other salient cities.

 

 

Singapore was the first country (21.1%) that experts in Indonesia would like to buy a house there because of its stability.  Australia was the second in the priority with 15.8%  Thailand was the third in the priority with 12.6% followed by Malaysia, China, Vietnam, Saudi Arable, USA and others.

 

In sum, Indonesia which is the largest economy in the ASEAN Region is growing quite rapidly in economy and real estate in the future.  It is a country for foreign investment destination as well.