CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
Img-Indonesia-Market-Outlook-2024-video-Banner-small Img-Indonesia-Market-Outlook-2024-video-Banner-big

Insights

Property Market Analysis

2023 Reflection and 2024 Outlook by Cushman & Wakefield

The world continues to face several risks and uncertainties, including China's economic slowdown, commodity price volatility, geopolitical complexities in Ukraine-Russia and Palestine-Israel, alongside climate change and the increase in global oil prices. These factors are impacting global economic growth, which is projected to remain low at 2.9% in 2023 and 2.8% in 2024.

However, our researcher believes that Indonesia remains strong with a solid economic foundation, showing consistent 5% growth over seven consecutive quarters. The growth projection for Indonesia in 2024 is expected to reach 5.2%. On the other hand, Indonesia's inflation in September 2023 remained low at 2.28%, with a high level of consumer confidence reflected in the Consumer Confidence Index (CCI), positive growth in the Real Sales Index, and a continuous trade surplus of USD 3.42 billion in September 2023.

Watch the recording to hear what our experts say.

Img-Indonesia-Market-Outlook-2024-video-small- Img-Indonesia-Market-Outlook-2024-video-big

Speakers

Handa-Sulaiman_Headshot_ID
Handadjaja Sulaiman

Vice Chairman
Jakarta Raya, Indonesia


Download VCard

Arief-Rahardjo
Arief Rahardjo

Head of Strategic Consulting - Indonesia
Jakarta Raya, Indonesia


Download VCard

Related Insights

AdobeStock_116443664.jpeg
Insights • Sustainability / ESG

5 Trends Shaping the Commercial Real Estate Market in the Year of the Dragon

On August 1, 2024, the Land, Real Estate Business and Housing Laws officially took effect, which is expected to create strong momentum for the development of the real estate market and socio-economy in Vietnam.
Xuan Pham • 04/10/2024

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS