House Price Developments in Bogor: A Surge in Small Home Prices

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Adi Ahdiat 06/07/2023 18:59 WIB

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Based on data from Rumah123.com, the median price of houses in Bogor has increased over the past year, particularly for smaller houses measuring 60 square meters or less.

Median House Prices in Bogor Based on Land Area (May 2022 - May 2023)

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House Price Developments in Bogor: A Surge in Small Home Prices

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Median House Prices in Bogor Based on Land Area (May 2022 - May 2023)

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House prices in Bogor increased in May 2023 compared to the previous year. This is recorded in the *Flash Report* released by Rumah123.com in June 2023.

"Year-on-year, up to May 2023, the Jabodetabek area recorded the following increases in house prices: Jakarta 2.6%, Tangerang 5.3%, Depok 5.0%, Bogor 8.3%, and Bekasi 4.9%," said the Rumah123.com team in their report.

"This *Flash Report* presents a crucial real-time reference index for real estate professionals and the public to monitor price changes in the property market," they continued.

The increase in house prices in each city varies, depending on the size of the house. Here's a breakdown of the changes in the median house price in Bogor based on size:

1. Houses ?60 square meters:

* May 2022: Rp396 million
* May 2023: Rp486 million
* Change: increased by 22.7% (year-on-year/yoy)

2. Houses 61-90 square meters:

* May 2022: Rp800 million
* May 2023: Rp900 million
* Change: increased by 12.5% (yoy)

3. Houses 91-150 square meters:

* May 2022: Rp1.3 billion
* May 2023: Rp1.4 billion
* Change: increased by 10.8% (yoy)

4. Houses 151-250 square meters:

* May 2022: Rp2.2 billion
* May 2023: Rp2.4 billion
* Change: increased by 9.1% (yoy)

5. Houses ?251 square meters:

* May 2022: Rp5 billion
* May 2023: Rp5.6 billion
* Change: increased by 12% (yoy)

The figures above represent the median or middle value of house prices sold through the 99.co and Rumah123.com websites.

Based on this data, the median house price in Bogor increased in all categories, especially for houses ?60 square meters.

Although the smallest in size, the median price of houses ?60 square meters has increased by 22.7% in the last year, far exceeding the price growth of other house types, which ranged from 9% to 12%.

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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House Price Developments in Bogor: A Surge in Small Home Prices

House Price Developments in Bogor: A Surge in Small Home Prices

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House Price Developments in Bogor: A Surge in Small Home Prices

House Price Developments in Bogor: A Surge in Small Home Prices

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20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

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