The central bank (Bank Indonesia/BI) reported, based on its survey, that residential (property) prices in the fourth quarter (Q4) of 2017 (primary market) indicates an increase of 0.55% quarter on quarter (q/q), higher than 0.5% growth in Q3. Residential prices is expected to grow 0.72% in Q1 of 2018. While home sales rose 3.05% in Q4 last year, compared to 2.58% in previous quarter.
