Indonesia house prices rise 0.58% year on year in the third quarter of 2026
Indonesian new-build house prices rose 0.58% year on year in the third quarter of 2026 while developer sales fell 8.43%, Bank Indonesia reported.
The facts
- Bank Indonesia's Residential Property Price Index for the primary market rose +0.58% year on year in the third quarter of 2026, down from 0.69% in the second quarter, in a release dated Jakarta, 6 November 2026.
- Residential sales in the primary market fell 8.43% year on year, and the central bank states the decline ran across all house types.
- Developers covered 73.94% of their development financing from internal funds.
- Bank housing loans, known locally as KPR, accounted for 70.68% of purchasing schemes.
- The survey measures the primary market only, so resale transactions sit outside it.
- Bank Indonesia publishes this as an index and does not publish an absolute price per square metre alongside it.
What it means for your money
- Entry prices moved 0.58% over a year, so the cost of entering today is close to the cost of entering a year ago.
- Glopra data put the Indonesian average at 1,864 US dollars per square metre, which is the dollar benchmark behind a rupiah index that the central bank publishes without any price level.
- For an owner already holding, the sales figure is the warning rather than the price: volume down 8.43% across all house types is a thinner buyer pool on exit.
- Buyers financing locally face a market where 70.68% of purchases go through KPR, which makes mortgage conditions the dominant variable in Indonesian demand.
What to watch
- The release body carries no breakdown by house type or by city, so no figure here applies to any single Indonesian market.
- Developers funding 73.94% of construction from internal cash is the number to track, because that share is what a credit squeeze would move first.
- Whether the slide from 0.69% to 0.58% becomes a run is the open question, and two quarters are not a trend.
Sources: Bank Indonesia https://www.bi.go.id/en/publikasi/ruang-media/news-release/Pages/sp_2824426.aspx