Contact KIC for data requests, research, and analysis. Contact Us »
ASmall
AMedium
ABigger
In mid-2016, research by Cushman & Wakefield Indonesia indicated that, by percentage, South Jakarta had the highest number of apartments in the Jabodetabek area. Almost 25 percent of all apartments in Jabodetabek were located in South Jakarta, followed by North Jakarta with 20.8 percent. Bogor had the lowest percentage, at only 0.4 percent.
The government plans to impose high taxes on land speculators. However, these high taxes will not only apply to idle land but are also proposed for properties, namely unoccupied or unsold apartments. This is intended to reduce land ownership inequality, increase land productivity, and curb land speculation.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy,
but please note that automated translations may contain errors or slight inconsistencies."