Indonesia Real Estate Market Outlook to 2018
Expected Burst in Demand Influenced by Bubble Fears
Region:Asia
Product Code:KR256
October 2014
284
About the Report
The report titled “Indonesia Real Estate Market Outlook to 2018 – Expected Burst in Demand Influenced by Bubble Fears” provides a comprehensive analysis of the of the various aspects such as market size, segmentation, trends and developments and future projections of the Jabodebek, Banten, Bandung, Surabaya and Bali Real Estate market as the five major provinces that has been taken as key segments of the market. the market size for these provinces have been independently calculated for the Residential, commercial, retail, hotel and Industrial segment The report also entails a detailed analysis on Indonesia online real estate market with insights on the market assessment of the online real estate sector of Indonesia. The report also highlights the Indonesia Real estate financing market, its functioning and the trends of real estate financing market over the years. Moreover, the report also includes scenario analysis depicting the subjective future predictions of the market. The report discusses the market share of major real estate developers in Indonesia along with the detailed explanation of the various macro and industry factors which are driving the growth of the market for these major provinces and segments of real estate market.
Indonesia property sector has shown robust growth owing to the country’s expanding middle class supported by a low interest rate regime and vigorous national economic growth. The primary reason behind escalation of the Indonesian property market stemmed from the surge in demand which was backed by higher consumer confidence. This has considerably grown owing to optimism towards the upcoming legislative and presidential elections in 2014
In the recent years, there has been an important shift which occurred in the larger cities of Indonesia such as Jakarta, Bandung and Surabaya. These cities are dominated by the presence of skyscrapers in the form of apartments and offices space where the Central business districts have seen the major property development. In Jakarta, the property market was so buoyant that in 2013, about ~ of all new real estate projects were sold before actual construction, transpiring the demand to exceed that of supply.
The Indonesia real estate market consists of residential, commercial, retail, hotel and industrial estate sectors. Among these sectors, the residential real estate sector has performed exceptionally well in response to increasing demand for luxury properties and mid size properties. This market was valued at USD ~ million in 2013 which has grown from USD ~ million in 2008. The market has inclined at a CAGR of ~ during the period of 2008-2013 with the major growth originating from Jakarta real estate market. A combination of strong domestic demand and low interest rate regime is considered to be the reason behind this growth which is expected to continue in the upcoming years.
In Indonesia real estate market, Jabodebek has been the largest segment in terms of contribution of area and revenues in the overall Indonesia real estate market. Jabodebek residential sector is renowned as one of the brightest accommodation spots in Indonesia, which has emerged as the top investment destinations for the domestic investors. The city is mainly dominated by the luxury apartments which allures the elite class population of the country. In 2013, Jabodebek real estate market overwhelming growth was headed by the resilient economic growth and rising investor confidence which further propelled the real estate market to grow by 29.8% in 2013 and to register revenue of USD ~ million.
In Indonesia, online property portals are increasingly becoming a tool for research on buying, selling or leasing residential, commercial, retail and other kind of properties. The majority of the users in this market pertain to the age group of 45 years or younger, who usually buys property for their own use. The economy of Indonesia has showcased significant progress of private housing markets and market systems for financing home purchases. Financing decisions plays a foremost role in the real estate market, as real estate transactions involve a large amount of cash flows, which is usually funded by external sources.
The Indonesia property market will remain in a good shape with marginal fluctuations expected to occur during 2014 owing to economic and political fluctuations lying ahead. The prices for every segment have nearly doubled since the past three years in majority of the regions and will continue to augment in the short term future. Despite these the market in the future was likely to reach USD ~ million in 2018 and is projecting to grow at a CAGR of 9.6% during the period 2014-2018.
Indonesia real estate market has been primarily dominated by ten major real estate developers, accounting for ~ share in the total market revenues. The leading contributor to the Indonesia’s real estate market is Lippo Karawaci, whose market share was recorded at ~ in 2013. The company has depicted an inclining share since 2008, owing to its impressive portfolio of innovative and quality projects. The other largest company, Bumi Serpong Damai has contributed ~ share in the Indonesia real estate market, followed by Ciputra development with a share of ~ in 2013.
Key Topics Covered in the Report:
- The market size of the Indonesia Real Estate Market
- The market size, trends and developments and future projections of the Jabodebek Market comprising Residential, Commercial, Industrial, Hotel and Retail Sector
- The market size, trends and developments and future projections of the Banten Market comprising Residential, Industrial, Hotel and Retail Sector
- The market size, trends and developments and future projections of the Bandung Market comprising Residential, Commercial, Hotel and Retail Sector
- The market size, trends and developments and future projections of the Surabaya Market comprising Residential, Commercial and Retail Sector
- The market size, trends and developments and future projections of the Bali Hotel Market
- The market size of the Indonesia Online Real Estate Market
- Competitive Landscape of the major players operating in Indonesia Online real estate market
- Overview on Indonesia Real Estate Financing Market incorporating housing loans to Indonesia real estate sector, interest rates and sources of financing for residential property buyers and for developers
- Market segmentation of the dairy food market on the basis of types of dairy food products.
- Market share and detailed company profiles of the major developers in Indonesia Real Estate Market
- Government Regulations in Indonesia Real Estate Market
- Future outlook and projections of the Indonesia Real Estate Market on the basis of revenues.
- Opportunity Analysis of Indonesia Real Estate market, in the form of Analyst Recommendations
- Detailed analysis of Macroeconomic Variables affecting the Indonesia Real Estate Market
Products
Residential, Commercial, Hotel, Retail, Rental, Sale, Apartments, Villas, Room Supply, Cumulative Supply, Home Loans, Online Real Estate Developers
Companies
Lippo Karawaci, Bumi Serpong Damai, Alam Sutera Realty, Ciputra Development, Agung Podumoro Land, Summarecon Agung, Pakuwon jati, Plaza Indonesia Realty, Kawasan Industri Jababeka, Duta Pertiwi
Table of Contents
1. Indonesia Real Estate Market Introduction
2. Indonesia Real Estate Market Size by Value, 2008-2013
3. Indonesia Real Estate Market Segmentation by Major Cities, 2014
4. Jabodebek Real Estate Market
4.1. Market Introduction
4.2. Jabodebek Real Estate Market Size by Value, 2008-2013
4.3. Jabodebek Real Estate Market Segmentation by Sectors, 2008-2013
4.4. Jabodebek Retail Real Estate Market
4.4.1. Market Introduction
4.4.2. Market Size
4.4.2.1. By Value, 2008-2013
4.4.2.2. By Volume, 2008-2013
4.4.3. Market Segmentation by Rental and Sale Market, 2008-2013
4.4.3.1. Rental Real Estate Market Introduction and Market Size, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
Rental Units/Area, 2008-2013
4.4.3.2. Sale Real Estate Market Introduction and Market Size, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
Stock for Sale, 2008-2013
4.5. Jabodebek Residential Real Estate Market
4.5.1. Market Introduction and Market Size
4.5.1.1. By Value, 2008-2013
4.5.1.2. By Volume, 2008-2013
4.5.2. Market Segmentation by Rental and Sale Segment, 2008-2013
4.5.2.1. Sale Real Estate Market Introduction and Market Size, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
Stock for Sale, 2008-2013
4.5.2.2. Rental Real Estate Market Introduction and Market Size, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
Rental Units/Area, 2008-2013
4.6. Jabodebek Commercial Real Estate Market
4.6.1. Market Introduction
4.6.2. Market Size
4.6.2.1. By Value, 2008-2013
4.6.2.2. By Volume, 2008-2013
4.6.3. Market Segmentation by Rental and Sale Market Value & Volume, 2008-2013
4.6.3.1. Rental Real Estate Market Introduction and Size by Value, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
Rental Units/Area, 2008-2013
4.6.3.2. Sale Real Estate Market Introduction and Size by Value, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
Stock for Sale, 2008-2013
4.7. Jabodebek Industrial Estate Real Estate Market
4.7.1. Market Introduction
4.7.2. Market Size
4.7.2.1. By Value, 2008-2013
4.7.2.2. By Volume, 2008-2013
Industrial Estate Prices, 2008-2013
Selling Rates, 2008-2013
4.8. Jabodebek Hotel Real Estate Market
4.8.1. Market Introduction
4.8.2. Market Size
4.8.2.1. by Value, 2008-2013
4.8.2.2. By Number of Rooms, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
4.9. Trends and Developments in Jabodebek Real Estate Market
4.10. Jabodebek Real Estate Market Future Outlook and Projections, 2014-2018
5. Banten Real Estate Market
5.1. Introduction and Market Size, 2012-2013
5.2. Market Segmentation by Sector, 2012-2013
5.3. Banten Industrial Estate Real Estate Market
5.3.1. Market Introduction
5.3.2. Market Size
5.3.2.1. By Value, 2008-2013
5.3.2.2. By Volume, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
5.4. Banten Retail Real Estate Market Introduction
5.4.1. Market Size
5.4.1.1. By Value, 2008-2013
5.4.1.2. By Volume, 2008-2013
5.4.2. Market Segmentation by Rental and Sale Market Value and Volume, 2008-2013
5.4.2.1. Rental Market Introduction and Market Size by Value & Volume, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
5.4.2.2. Sale Market Introduction and Market Size by Value & Volume, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
5.5. Banten Residential Real Estate Market Introduction and Market Size by Value, 2008-2013
5.5.1. Market Introduction
5.5.2. Market Size
5.5.2.1. By Value, 2008-2013
5.5.2.2. By Number of Rooms, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
5.6. Trends and Developments in Banten Real Estate Market
5.7. Banten Real Estate Market Future Outlook and Projections, 2014-2018
6. Bandung Real Estate Market
6.1. Introduction and Market Size, 2008-2013
6.2. Market Segmentation by Sector, 2008-2013
6.3. Bandung Retail Real Estate Market
6.3.1. Market Introduction and Size by Value, 2008-2013
6.3.2. By Volume, 2008-2013
6.3.3. Market Segmentation by Rental and Sale Market Value & Volume, 2008-2013
6.3.3.1. Rental Market Introduction and market Size, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
Rental Units/Area, 2008-2013
6.3.3.2. Sale Market Introduction and Market Size, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
Stock for Sale, 2008-2013
6.4. Bandung Hotel Real Estate Market
6.4.1. Market Introduction and Size by Value, 2008-2013
6.4.2. By Number of Rooms, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
6.5. Bandung Residential Real Estate Market
6.5.1. Market Introduction and Size by Value, 2008-2013
6.5.2. By Volume, 2008-2013
6.5.3. Market Segmentation by Rental and Sale Market Value and Volume, 2008-2013
6.5.3.1. Bandung Residential Sale Real Estate Market Introduction and Market Size by Value, 2008-2013
Selling Prices, 2008-2013
Selling Rate, 2008-2013
Stock for Sale, 2008-2013
6.5.3.2. Bandung Residential Rental Real Estate Market Introduction and Size, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
Rental Units/Area, 2008-2013
6.6. Bandung Commercial Real Estate Market
6.6.1. Market Introduction and Size by Value, 2008-2013
Rental Prices, 2008-2013
Occupancy Rate, 2008-2013
Rental Units/Area, 2008-2013
6.7. Trends and Developments in Bandung Real Estate Market
6.8. Bandung Real Estate Market Future Outlook and Projections, 2014-2018
7. Surabaya Real Estate Market Introduction
7.1. Market Size by Value, 2013
7.2. Surabaya Retail Real Estate Market
7.2.1. Market Introduction and Market Size, 2013
7.3. Surabaya Residential Real Estate Market
7.3.1. Market Introduction and Market Size, 2013
7.3.2. Market Segmentation by Rental and Sale Market Value and Volume, 2013
7.3.2.1. Sale Market Introduction and Market Size by Value, 2013
7.3.2.2. Rental Market Introduction and market Size, 2013
7.4. Surabaya Hotel Real Estate Market
7.4.1. Market Introduction and Market Size by Value, 2013
7.5. Surabaya Commercial Real Estate Market
7.5.1. Market Introduction and Market Size by Value, 2013
7.6. Trends and Developments in Surabaya Real Estate Market
7.7. Surabaya Real Estate Market Future Outlook and Projections, 2014-2018
8. Bali Real Estate Market Introduction
8.1. Bali Hotel Real Estate Market Introduction
8.1.1. Market Size by Value, 2010-2013
8.1.2. By Number of Rooms, 2010-2013
8.1.3. Market Segmentation by 3 star, 4 star and 5 star hotels, 2010-2013
8.1.3.1. Bali 5 star Hotel Market Introduction and Size by Value, 2010-2013
Occupancy Rate, 2008-2013
Room prices for 5 star Hotel, 2008-2013
By Number of Rooms, 2010-2013
8.1.3.2. Bali 3 Star Hotel Market Introduction and Size by Value, 2010-2013
By Number of Rooms, 2010-2013
Rental Prices for 3 star hotel, 2008-2013
Occupancy Rate, 2008-2013
8.1.3.3. Bali 4 star hotel Market Introduction and Size by Value, 2010-2013
By Number of Rooms, 2010-2013
Rental Prices for 4 star hotel, 2010-2013
Occupancy Rate, 2008-2013
8.2. Trends and Developments in Bali Real Estate Market
8.3. Bali Real Estate Market Future Outlook and Projections, 2014-2018
9. Indonesia Online Real Estate Market
9.1. Indonesia Online Real Estate Market Size and Segmentation, 2013
9.2. Competitive Landscape
10. Indonesia Real Estate Financing Market Introduction
10.1. Sources of Residential Property Financing
10.1.1. For Developers, 2008-2013
10.1.2. For Consumers, 2008-2013
10.2. Total Real Estate Loan Amount Dispersed, 2008-2013
10.3. Housing Loans Interest Rates, 2008-2013
11. Market Share of Major Real Estate Developers in Indonesia, 2008-2013
12. Company Profiles of Major Developers in Indonesia Real Estate Market
12.1. Lippo Karawaci
12.1.1. Company Overview
12.1.2. Business Strategies
12.1.3. Financial Performance, 2008-2013
12.2. Bumi Serpong Damai
12.2.1. Company Overview
12.2.2. Business Strategies
12.2.3. Financial Performance, 2008-2013
12.3. Ciputra Development
12.3.1. Company Overview
12.3.2. Business Strategies
12.3.3. Financial Performance, 2008-2013
12.4. Agung Podmoro Land
12.4.1. Company Overview
12.4.2. Business Strategies
12.4.3. Financial Performance, 2008-2013
12.5. Summarecon Agung
12.5.1. Company Overview
12.5.2. Business Strategies
12.5.3. Financial Performance, 2008-2013
12.6. Alam Sutera Realty
12.6.1. Company Overview
12.6.2. Business Strategies
12.6.3. Financial Performance, 2008-2013
12.7. Pakuwon Jati
12.7.1. Company Overview
12.7.2. Business Strategies
12.7.3. Financial Performance, 2008-2013
12.8. Plaza Indonesia Realty
12.8.1. Company Overview
12.8.2. Business Strategies
12.8.3. Financial Performance, 2008-2013
12.9. Kawasan Industri Jababeka
12.9.1. Company Overview
12.9.2. Business Strategies
12.9.3. Financial Performance, 2008-2013
12.10. Duta Pertiwi
12.10.1. Company Overview
12.10.2. Business Strategies
12.10.3. Financial Performance, 2008-2013
13. Government Regulations in Indonesia Real Estate Market
13.1. Restrictions on Foreign Ownership
13.2. Mortgage Regulations
14. Indonesia Real Estate Market Future Outlook
14.1. Opportunity Analysis, Analyst Recommendations and Future Projections, 2014-2018
14.1.1. Cause and Effect Relationship between Variables in Indonesia Real Estate Market
15. Macroeconomic Factors
15.1. Total Population, 2008-2018
15.2. Average Household Size, 2008-2018
15.3. Urban Population of Indonesia, 2008-2018
15.4. Personal Disposable Income, 2008-2018
15.5. Foreign Tourist Arrivals in Indonesia, 2008-2018
16. Appendix
16.1. Market Definition
16.2. Abbreviations
16.3. Research Methodology
Data Collection Method
Approach
Limitations of the Model
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
16.4. Disclaimer
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