Indonesia Residential Real Estate Market

Indonesia Residential Real Estate Market by Types (Villas, Condominiums, and Others), Countries (Jakarta, Surabaya, Greater, and Semarang) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CM-2678
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 188
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The Indonesia residential real estate market size is estimated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of market is attributed to increasing young population, rapid urbanization, complimentary demographic configuration, and increasing per capital income of population.

Indonesia Residential Real Estate Market summary

The legal authorities of Indonesia has taken an initiatives towards the development of the country by introducing One Million Houses (OMH) programs, the program focuses on construction of at least 1 million units per year around 1.11 millions are constructed in the year 2018.

This programs main objective is to cater the lack of investment in the property market and reduce the 7.4 million shortage of housing investment to around 5.2 million. By this year they majorly aim at catering the pile-up demand of the country first.

There is a significant demand in the rise of residential property among the population in both the segments land and vertical housing, and after the government interference with the initiatives and favorable policies it is expected more to increase.

The real estate industry looks at renting and leasing of properties it is valued by the total revenue generated by landlord through renting council and private properties and is calculated using average rent multiplied by the number of rented properties.

The covid-19 pandemic impacted the residential real estate market. Decreasing supply of raw materials, lockdown across the globe, and supply chain disorders forced companies to close down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing millennial population, urbanization, and favorable demographic condition is expected to drive the market during the forecast period.
  • Rising per capita income of the population is estimated to boost the market in the coming years.
  • Growing demand for the residential property by the population is anticipated to spur the market during the projectile period.
  • Increasing government initiatives towards housing segment to encourage investment is expected to propel the market in the coming years.
  • Growing demand for the affordable and mid-segment houses offers lucrative opportunities for the key players in the market.
  • Rising price of residential property in many cities can hamper the growth of market in the coming years.
  • Lack of skilled labors to complete the initiatives taken by the government in a given span of time is one of the major factors that can hinder the market growth in the coming years.

Scope of the market

The report on residential real estate market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Indonesia residential real estate market –Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Villas, Condominiums, and Others)

Country

Jakarta, Surabaya, Greater, Semarang

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Lippo Homes; Agung Podomoro Land; Sinar Mas land;  Ciputra Groups; Duta Anggada Realty.

Market Segment Insights

The condominiums segment is anticipated to exhibit a high CAGR

On the basis of types, the market is segregated into villas, condominiums, and others. The condominiums segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing research & development activities in construction sector. However, the villas segment is anticipated to expand at a rapid pace during the forecast period due to increasing per capita income, growing demand for households, rising awareness among customers, and increasing number of small & medium industries.

Indonesia Residential Real Estate Market types

Jakarta is anticipated to dominate the market

In the terms of countries, the market is fragmented into Jakarta, Surabaya, Greater, and Semarang. Jakarta is anticipated to dominate the market in the coming years owing to its cheap rent in the region, migration in search of better employment, and increasing disposable income which makes it an attractive rental market for both buyer and seller.

Segments

The residential real estate market has been differentiated on the basis of

Types

  • Villas
  • Condominiums
  • Others

Countries

  • Jakarta
  • Surabaya
  • Greater
  • Semarang

Key Players

  • Lippo Homes
  • Agung Podomoro Land
  • Sinar Mas land
  • Ciputra Groups
  • Duta Anggada Realty

Competitive Landscape

Key players competing in the Indonesia residential real estate market include Lippo Homes; Agung Podomoro Land; Sinar Mas land; Ciputra Groups; Duta Anggada Realty.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In July 2021, Agung Podomoro Land achieved the marketing sale of IDR 1.0 trillion for IH2021.

In July 2020, Lippo homes project lippo Karawaci sold out 324 landed homes in 6 hours.

Indonesia Residential Real Estate Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Residential Real Estate Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Residential Real Estate Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Residential Real Estate Market - Supply Chain
  4.5. Global Residential Real Estate Market Forecast
     4.5.1. Residential Real Estate Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Residential Real Estate Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Residential Real Estate Market Absolute $ Opportunity
5. Global Residential Real Estate Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Residential Real Estate Market Size and Volume Forecast by Types
     5.3.1. Villas
     5.3.2. Condominiums
     5.3.3. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Residential Real Estate Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Residential Real Estate Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Residential Real Estate Demand Share Forecast, 2019-2026
7. North America Residential Real Estate Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Residential Real Estate Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Residential Real Estate Market Size and Volume Forecast by Types
     7.4.1. Villas
     7.4.2. Condominiums
     7.4.3. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Residential Real Estate Demand Share Forecast, 2019-2026
8. Latin America Residential Real Estate Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Residential Real Estate Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Residential Real Estate Market Size and Volume Forecast by Types
     8.4.1. Villas
     8.4.2. Condominiums
     8.4.3. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Residential Real Estate Demand Share Forecast, 2019-2026
9. Europe Residential Real Estate Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Residential Real Estate Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Residential Real Estate Market Size and Volume Forecast by Types
     9.4.1. Villas
     9.4.2. Condominiums
     9.4.3. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Residential Real Estate Demand Share Forecast, 2019-2026
10. Asia Pacific Residential Real Estate Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Residential Real Estate Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Residential Real Estate Market Size and Volume Forecast by Types
     10.4.1. Villas
     10.4.2. Condominiums
     10.4.3. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Residential Real Estate Demand Share Forecast, 2019-2026
11. Middle East & Africa Residential Real Estate Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Residential Real Estate Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Residential Real Estate Market Size and Volume Forecast by Types
     11.4.1. Villas
     11.4.2. Condominiums
     11.4.3. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Residential Real Estate Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Residential Real Estate Market: Market Share Analysis
  12.2. Residential Real Estate Distributors and Customers
  12.3. Residential Real Estate Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Lippo Homes
     12.4.2. Agung Podomoro Land
     12.4.3. Sinar Mas land
     12.4.4. Ciputra Groups
     12.4.5. Duta Anggada Realty.

The residential real estate market has been differentiated on the basis of

Types

  • Villas
  • Condominiums
  • Others

Countries

  • Jakarta
  • Surabaya
  • Greater
  • Semarang

Key Players

  • Lippo Homes
  • Agung Podomoro Land
  • Sinar Mas land
  • Ciputra Groups
  • Duta Anggada Realty

Key players competing in the Indonesia residential real estate market include Lippo Homes; Agung Podomoro Land; Sinar Mas land; Ciputra Groups; Duta Anggada Realty.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In July 2021, Agung Podomoro Land achieved the marketing sale of IDR 1.0 trillion for IH2021.

In July 2020, Lippo homes project lippo Karawaci sold out 324 landed homes in 6 hours.

Indonesia Residential Real Estate Market keyplayers

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