Bank of Indonesia published its Residential Property Price Survey for the second quarter of 2025, showing limited growth in primary market residential property prices. The Residential Property Price Index rose 0.90% year on year, easing from 1.07% in the first quarter. The report links the moderation in price growth to weaker sales performance, with small-unit sales slowing and large and medium properties seeing sales contractions. Overall primary market residential unit sales fell 3.80% year on year in Q2 2025, reversing 0.73% growth in Q1. On funding, developers continued to rely mainly on non-bank internal funds, which represented 78.36% of total capital, while bank housing loans remained the main financing source for consumers at 73.06% of total financing.
Bank of Indonesia 2025-08-06
Bank of Indonesia reports residential property prices grew 0.90% year on year in Q2 2025 as primary market sales contracted
Bank of Indonesia's Q2 2025 Residential Property Price Survey shows a slowdown in primary market residential property price growth, with the index rising 0.90% year on year, down from 1.07% in Q1. Residential unit sales fell 3.80% year on year, reversing a 0.73% growth in Q1, with small-unit sales slowing and large and medium properties contracting. Developers primarily used non-bank internal funds for capital, while consumers relied on bank housing loans for 73.06% of financing.