Latest land price levels in different areas of Jakarta

PT Leads Property Services Indonesia Deputy Director of Research and Consulting Department recently disclosed the level of land prices in different areas of Jakarta, Sudirman Central Business District (SCBD) has the highest land price of 200-300 million rupiah/square meter (about 88,000-132,000 yuan/square meter), and the actual price of the transaction fluctuates due to negotiations.Land prices in the area around Sudirman are about 180-200 million rupiah/sqm (about 79,000-88,000 yuan/sqm). High-end residential area Menteng (near the business district): 70-100 million rupiah/sqm (about 31,000-44,000 yuan/sqm).Pondok IndahIt is 40-60 million dong per square meter (about 18,000-26,000 yuan per square meter). The reason for the high land prices is the scarcity of land in the core area, the continuous growth of commercial demand, and investors' preference for CBD locations and unwillingness to compromise with the suburbs.