Real Estate in Jakarta, Indonesia

Last updated on Apr 17, 2023

Summary: The most desirable neighborhoods in Jakarta, Indonesia are Menteng, Kemang, Pondok Indah, and Senayan. The average cost to buy a nice 2 bedroom home in Jakarta is around $200,000 USD, while a nice 3 bedroom home can cost around $300,000 USD. These properties typically include modern amenities such as air conditioning, a kitchen, and a balcony. Foreigners are allowed to own property in Jakarta, but there are certain restrictions. For example, foreigners are not allowed to own land, but they can own a house or apartment. When searching for a home to buy in Jakarta, an expat should consider their budget, desired location, and amenities. It is also important to research the local real estate market and consult with a real estate agent to ensure that the property is in good condition and that the price is fair.

How do I find a place to live in Jakarta?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Jakarta is to use online resources such as rental websites and classifieds. You can also search for local real estate agents who specialize in the area. Additionally, you can ask friends and family who live in Jakarta for recommendations. Finally, you can also look for rental postings in local newspapers and magazines," explained one expat living in Jakarta, Indonesia.

"We moved into staff housing already selected and under contract before we'd arrived," said one person in Jakarta.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.