Agricultural land conversion is becoming a pressing issue in Indonesia as housing and urban development demand grows. With rapid urbanization, policymakers face challenges balancing residential expansion with preserving valuable agricultural land. As 2025 approaches, the government is introducing new regulations to address this issue. These changes will significantly impact developers and...

The Omnibus Law for Housing Sector seeks to simplify Indonesia's housing regulations and address the country’s pressing need for affordable homes. By streamlining bureaucratic processes, the law will reduce barriers for developers and speed up housing projects. As part of the government’s 3 million homes program, the law aims to significantly boost the housing supply. Moving forward, its...

The Indonesia construction market faces a critical year in 2025, as it navigates through a period of global economic uncertainty as well as domestic challenges. Despite rising material costs and labor shortages, the market’s growth is still projected at 5.48%. according to Cahyono Siswanto, National Research Manager at BCI Central. Speaking at the BCI Breakfast Briefing "Indonesia...

Bali property investment trends have seen a noticeable shift in recent years, with the island's real estate market attracting more attention from investors. While areas like Seminyak and Ubud have traditionally been the hotspots, a new trend is emerging in West Bali. With its stunning natural beauty, tranquil atmosphere, and improving infrastructure, West Bali is quickly becoming the...

The Asia-Pacific property market is forecasted to experience a significant rebound in 2025.According to the 2025 Global Investor Outlook report released by Colliers, investor confidence in the commercial real estate market is on the rise. Following two years of stalled transactions, the market is projected to recover as inflation subsides, interest rates decline, and global economic conditions...

Bali property market is expected to continue flourishing in both residential and commercial sectors. This optimistic outlook is supported by the ever-growing tourism industry and rising foreign investments, which are driving up property prices on the island. Johannes Weissenbaeck, Founder & CEO of OXO Group, highlighted Bali's status as a prominent property investment destination—not only...

Property agents across Indonesia are calling on the government to implement a nationwide property agent certification program. This certification is seen as essential for recognizing property agents as professionals in marketing both primary and secondary properties. Additionally, it aims to enhance the agents' performance and professionalism. Bharat Buxani, Senior Vice President of Marketing at...

The Indonesian government has announced a waiver of the Building Construction Permit (PBG) for low-income housing. This waived building permit fee policy will be implemented nationwide, easing financial burdens on qualifying homeowners once the official government circular is issued. What Does the Building Approval Levy Waiver Mean? Indonesia's Minister of Home Affairs, Tito Karnavian, confirmed...

Indonesia's economic growth in the third quarter of 2024 slowed to just 4.95 percent, falling below the 5 percent mark. This slowdown is primarily attributed to a decline in consumer spending, a key driver of economic growth.  However, there is a silver lining as the government has introduced measures to stimulate consumption. One such measure is the extension of tax breaks for home purchases...

Commercial real estate investment in the Asia-Pacific region saw a 28% year-over-year (YoY) increase in Q3 2024, reaching USD 38.8 billion (equivalent to approximately IDR 609.83 trillion at an exchange rate of IDR 15,717). This represents the highest quarterly investment volume since the 2022 rate-hike cycle and marks four consecutive quarters of growth in the region. According to global property...