Residential property prices in Indonesia rose by 1.49 percent in the June quarter of 2021, after a 1.35 percent gain in the previous period. Prices increased at a steeper rate for both small (2.07 percent vs 1.78 percent in Q1) and medium houses (1.59 percent vs 1.46 percent), amid a low-interest rates environment. Meantime, prices of big houses went up 0.81 percent, slowing slightly from a 0.83 percent rise in Q1. Among cities, prices grew the most in Manado (4.77 percent), followed by Medan (4.52 percent), Pontianak (3.41 percent), and Batam (2.42 percent).
