Construction Cost Index of Tanjung Pinang City, Riau Islands Reached 106.28 Points in 2024

The Construction Cost Index (IKK) of Tanjung Pinang City, Riau Islands reached 106.28 points in 2024.

This figure increased by 3.26 points compared to the previous year and decreased by 19.47 points in the last five years.

Referring to the 2024 BPS (Central Statistics Agency) publication on Provincial and Regency/City IKK, IKK is a price index that describes the level of construction costliness of a regency/city compared to prices in the reference city, namely Banjarmasin City.

The higher the IKK figure in a regency/city, the higher the construction cost of a building in that area.

(Read: Bekasi Flood Risk Index Highest in Jabotabek)

Based on this definition, the IKK of Tanjung Pinang City, which is 106.28 points, indicates that the construction cost of buildings in that area is equivalent to 1.063 times the construction cost in Banjarmasin City.

Compared to 7 other regencies/cities in Riau Islands, the IKK of Tanjung Pinang City is the 2nd lowest.

The highest IKK is in Bintan Regency (105.63 points), while the lowest is in Anambas Islands Regency (126.75 points).

Following is the list of IKK in 7 regencies/cities of Riau Islands Province in 2024.

1. Bintan Regency: 105.63 points
2. Tanjung Pinang City: 106.28 points
3. Karimun Regency: 108.15 points
4. Batam City: 110.64 points
5. Lingga Regency: 111.31 points
6. Natuna Regency: 116.22 points
7. Anambas Islands Regency: 126.75 points

(Read: Consumer Expectation Index by City May 2025)