Indonesian Homeownership Reaches a New Decade High of 84.79%

Property

Lite

Erlina Fury Santika 29/05/2024 16:54 WIB

URL has been copied

Memuat...

BPS data shows that the proportion of homeownership in Indonesia reaches 84.79% of total households. This figure has consistently increased over the past seven years.

Percentage of Indonesian Households Owning Their Own Homes (2012-2023)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Indonesian Homeownership Reaches a New Decade High of 84.79%

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Percentage of Indonesian Households Owning Their Own Homes (2012-2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Data from Indonesia's Central Bureau of Statistics (BPS) shows that the percentage of Indonesian households owning their own homes reached 84.79% in 2023. This is the highest record in the last decade.

The ownership percentage in 2023 surpassed that of 2022, which was 83.99%. Indeed, the proportion of homeownership in the last two years has risen aggressively since the Covid-19 pandemic.

In early 2020, at the start of the pandemic, it was recorded at 80.10%. In 2021, the second year of the pandemic, it was 81.08%.

The increase in homeownership in Indonesia is due to a number of government stimulus packages implemented since the pandemic. One example is the value-added tax (VAT) discount for home purchases.

Looking back to 2013, the proportion of homeownership in Indonesia was 80.08%. Cumulatively, this represents a 4.71 percentage point increase over the last decade.

BPS defines a self-owned home as a residential building owned by the head of the household or one of its members, and homes purchased through bank installments or rent-to-own schemes are also considered self-owned.

By province, West Sulawesi had the highest national rate of homeownership in 2023, at 93.35% of its total households. This was followed by Lampung at 92.4% and West Kalimantan at 91.43%.

Meanwhile, Jakarta had the lowest national homeownership rate in 2023, at only 56.57% of its total households. This was followed by North Sumatra at 71.46% and West Sumatra at 72.61%.

Based on regional characteristics, self-owned homes are most commonly found in rural areas, with a proportion of 92.38% of total rural households in 2023. Self-owned homes in urban areas are fewer, at 79.36%.

Conversely, households renting homes are most commonly found in urban areas, at 8.03% of total urban households in 2023. Rural households renting homes constituted only 0.89% in 2023.

Editor : Erlina Fury Santika

"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."