07.11.202500:47:58UTC+00Indonesia Q3 House Price Growth Hits Record Low

In the third quarter of 2025, residential property prices in Indonesia experienced a modest increase of 0.84% compared to the same period last year. This represents a slight deceleration from the 0.90% rise seen in the second quarter and marks the most subdued growth since the series began in 2003. The easing in price growth is attributed to weakened purchasing power and an uptick in job layoffs. Specifically, small houses saw a price rise of 0.71%, down from 1.04% in Q2, and medium-sized houses recorded a growth of 1.18%, compared to 1.25% earlier. In contrast, the prices of large properties displayed stability, maintaining a growth of 0.72%, marginally up from 0.70%. Of the 18 cities surveyed, 11 saw slower price growth, with Pekanbaru experiencing the most significant slowdown, dropping to 0.31% from 2.69%. Meanwhile, property prices in Surabaya slightly declined by 0.02% following a 0.44% increase in the previous quarter.