Many Consumers Seek Pre-Owned Homes in These 5 Cities

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Dzulfiqar Fathur Rahman 29/08/2022 18:00 WIB

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Used home searches in Tangerang, Banten, reached 15.6% in July, according to Rumah123.com.

Top 5 Cities with the Highest Proportion of Used Home Searches (July 2022)

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Many Consumers Seek Pre-Owned Homes in These 5 Cities

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Top 5 Cities with the Highest Proportion of Used Home Searches (July 2022)

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According to Rumah123.com, of all searches for used homes on its site throughout July 2022, 15.6% were for Tangerang.

This city in Banten Province is estimated to be the most popular location for prospective buyers of used homes in July 2022. This is followed by West Jakarta, South Jakarta, Bandung, and North Jakarta, with search proportions as shown in the graph.

The median price of used homes in Tangerang City in July 2022 ranged from Rp650 million (for houses less than 60 square meters) to Rp6.5 billion (for houses larger than 251 square meters).

Rumah123.com also reported that the price of used homes in Tangerang, as measured by the Resale Price Index (RPI), grew by 5.4% in July 2022 year-on-year.

Overall, the price of used homes is estimated to have increased by 4.1% in July 2022 year-on-year. The supply of used homes is also estimated to have surged by 34% during the same period.

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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Many Consumers Seek Pre-Owned Homes in These 5 Cities

Many Consumers Seek Pre-Owned Homes in These 5 Cities

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