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Indonesia's Property Prices Rise Softly in Q1

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-- Indonesia's residential property prices in the primary market posted slower growth in the first quarter, with the Residential Property Price Index rising 0.62% annually, slower than the 0.83% growth in the previous quarter, according to Bank Indonesia's Residential Property Price Survey released Friday.

Residential property sales in the primary market fell 25.7% year on year during the quarter, reversing from 7.83% growth recorded in the fourth quarter of 2025.

Sales growth was mainly seen in mid-range housing units, while demand for small and large homes remained weak, according to the central bank.

The survey showed developers mainly used internal funds for financing, accounting for 80.66% of total funding needs, while mortgages made up 69.87% of home purchases, Bank Indonesia said.

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