These are the Prices of Land Houses Popular with Indonesian People

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Nabilah Muhamad 21/01/2025 16:57 WIB

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According to Rumah123.com research, most Indonesians are interested in purchasing landed houses priced between Rp1 billion and Rp3 billion.

House Price Preferences in Indonesia by Age Group (January-November 2024)

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These are the Prices of Land Houses Popular with Indonesian People

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House Price Preferences in Indonesia by Age Group (January-November 2024)

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According to a research report released by Rumah123.com in December 2024, the price of landed houses favored by Indonesian consumers generally ranges from Rp1 billion to Rp3 billion.

This price segment is popular with the majority of consumers across all age groups. The largest proportion of interested buyers comes from the 35-44 age group, with a proportion of 34.3%.

Other age groups interested in landed houses priced between Rp1 billion and Rp3 billion account for more than 29%, as shown in the graph.

This research also found that younger consumers tend to prefer lower-priced landed houses, while older consumers opt for higher-priced ones.

This is evident in the fact that landed houses under Rp400 million are most popular among the young generation aged 18-24 years, with a proportion of 18.8%.

Meanwhile, landed houses above Rp5 billion are most popular among the 45-54 age group, with a proportion of 16.3%.

"This difference is due to the preference of the younger generation to adjust their choices to their financial capabilities, which are still in the early stages of building economic stability," said Head of Research Rumah123.com, Marisa Jaya, in her report on Monday (30/12/2024).

She assessed that consumers in the 18-24 age group choose affordable houses as a first step towards homeownership.

Meanwhile, the 35-54 age group is considered to have higher financial stability and chooses houses with more specific needs, such as for family needs or investment purposes.

It should be noted that these findings are from an analysis of Rumah123.com's property consumer data, with a research period of January-November 2024.

Editor : Adi Ahdiat

"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."

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These are the Prices of Land Houses Popular with Indonesian People

These are the Prices of Land Houses Popular with Indonesian People

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