Real Estate in Jakarta, Indonesia

"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," said one expat in Jakarta.

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

"Single family detached house which is typical for most expats in our area. High-rise apartments are also popular for those not wishing to employ a lot of staff for gardens or security, and those who don't want to worry about their homes when traveling," said one expat who made the move to Jakarta.

"Expat homes and apartments in Jakarta typically feature modern amenities and are often located in secure, gated communities. Many expat homes and apartments come with access to a variety of amenities such as swimming pools, gyms, and playgrounds. Expat homes and apartments in Jakarta are often spacious and feature large balconies or terraces with views of the city. Expat homes and apartments in Jakarta are typically equipped with air conditioning, high-speed internet, and other modern conveniences," explained one foreigner living in Jakarta, Indonesia.

"Much higher and not justifiable in my opinion! Average cost of housing is US$3,000/month, payed 24 months in advance, lump sum, and in US dollars. Most houses are built with inferior material and shoddy methods. They look good when newly built or renovated, but they are not meant to last more than 15 years (when they are gutted and renovated). Many owners paid more for the lot than they did to construct the house," said one person in Jakarta.

"The cost of housing in Jakarta can vary greatly depending on the area and type of property. Generally, the average cost of housing in Jakarta is relatively high compared to other cities in Indonesia. Renting an apartment in the city center can be quite expensive, while renting a house in the suburbs may be more affordable," remarked one foreigner who made the move to Jakarta.

"When deciding whether to buy or rent a home in Jakarta, it is important to consider your budget, lifestyle, and long-term plans. Buying a home in Jakarta can be a great investment, as property values tend to appreciate over time. However, it is important to factor in the cost of maintenance and repairs, as well as the cost of a down payment. Renting a home in Jakarta can be a more affordable option, and it can provide more flexibility if you are not sure how long you will be living in the city. Ultimately, the decision to buy or rent a home in Jakarta should be based on your individual needs and preferences," explained one expat living in Jakarta, Indonesia.

"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Jakarta, such as the need for a local lawyer to assist with the transaction. 3. It is important to be aware of the taxes and fees associated with purchasing property in Jakarta, such as the land transfer tax and the registration fee. 4. It is important to be aware of the local zoning regulations and building codes that may affect the use of the property. 5. It is important to be aware of the potential risks associated with purchasing property in Jakarta, such as flooding, earthquakes, and other natural disasters. 6. It is important to be aware of the potential for political instability in the region and the potential for changes in the local laws and regulations. 7. It is important to be aware of the potential for corruption and fraud in the real estate market in Jakarta. 8. It is important to be aware of the potential for scams and fraudulent activities in the real estate market in Jakarta," explained one foreigner living in Jakarta, Indonesia.

"Foreigners are allowed to own property in Jakarta, but there are certain restrictions and regulations in place. Foreigners cannot directly own freehold land; instead, they can acquire property through a leasehold or a right-to-use title. The leasehold title allows foreigners to lease land for a maximum period of 25 years, which can be extended for another 20 years, and then further extended for another 25 years. The right-to-use title grants foreigners the right to use land for a maximum of 70 years, with an initial period of 30 years, followed by an extension of 20 years and another extension of 20 years. Additionally, foreigners can own apartments or condominiums, as long as the building has a strata title, which is a legal certification for multi-level properties. However, it is important to note that the regulations and procedures for foreign property ownership in Indonesia can be complex, and it is advisable to consult with a local legal expert before making any property investments," explained one expat in Jakarta.

"In Jakarta, rental properties typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Additionally, some properties may also include a microwave, water heater, and/or dishwasher," remarked one foreigner who made the move to Jakarta.

"Expats searching for homes in Jakarta, often begin by researching online through property websites, forums, and social media groups dedicated to expats living in the city. They may also seek recommendations from friends, colleagues, or fellow expats who have experience in the local housing market. Additionally, expats may consult with local real estate agents who have experience working with foreigners and can help navigate the rental or purchasing process. Some expats may choose to stay in temporary accommodations, such as serviced apartments or hotels, while they explore different neighborhoods and housing options in person. It is also common for expats to consider factors such as proximity to work, international schools, and amenities when searching for a home in Jakarta," explained one person living in Jakarta, Indonesia.