Market Share of Real Estate Industry In Indonesia
The Indonesian real estate market, including both residential and commercial, is highly competitive and fragmented. The market presents opportunities for growth during the forecast period. Higher competition among market players is impacting selling and land prices, further leading to oversupply in the market. Some of the major players present in the market include Agung Podomoro Land, Sinar Mas Land, Ciptura Group, and Tokyu Land Indonesia. The players are also adapting to technological trends, owing to the rising internet penetration and expansion of e-commerce.
Indonesia Real Estate Market Leaders
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PT Intiland Development Tbk
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Tokyu Land Indonesia
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Agung Podomoro Land
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Ciptura Group
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Sinar Mas Land
*Disclaimer: Major Players sorted in no particular order
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