Property Sector Contributed Rp122.9 Trillion or 7.2 Per Cent of National Investment Realisation Last Year
Director of Promotion Development at the Ministry of Investment/BKPM, Rakhmat Yulianto, stated that the property sector, particularly the housing, industrial estate and office subsectors, contributed Rp122.9 trillion or 7.2 per cent of total national investment realisation last year.
"If we look at the figures from the previous year, the realisation in the property sector contributed 7.2 per cent of total national investment realisation," said Rakhmat during his presentation in Jakarta on Thursday.
According to Rakhmat, property ranked fourth among the sectors making the most significant contributions throughout 2024. Besides property, the four subsectors in the top five for Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) realisation last year were basic metals, metal goods excluding machinery and equipment (13.9 per cent or Rp238.4 trillion); transportation, warehousing and telecommunications (11.1 per cent or Rp189.9 trillion); mining (10.8 per cent or Rp184.7 trillion); and other services (7 per cent or Rp120.8 trillion).
Overall investment realisation for January to December 2024 reached Rp1,714.2 trillion, an increase of 20.8 per cent year-on-year.
Furthermore, Rakhmat said the property sector, including housing, industrial estates and offices, also contributed 9.33 per cent to national investment realisation over the past five years.
"Investment realisation was dominated by domestic investment amounting to Rp350.13 trillion or 65 per cent during 2020–2024," said Rakhmat.
"If we look at the figures from the previous year, the realisation in the property sector contributed 7.2 per cent of total national investment realisation," said Rakhmat during his presentation in Jakarta on Thursday.
According to Rakhmat, property ranked fourth among the sectors making the most significant contributions throughout 2024. Besides property, the four subsectors in the top five for Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) realisation last year were basic metals, metal goods excluding machinery and equipment (13.9 per cent or Rp238.4 trillion); transportation, warehousing and telecommunications (11.1 per cent or Rp189.9 trillion); mining (10.8 per cent or Rp184.7 trillion); and other services (7 per cent or Rp120.8 trillion).
Overall investment realisation for January to December 2024 reached Rp1,714.2 trillion, an increase of 20.8 per cent year-on-year.
Furthermore, Rakhmat said the property sector, including housing, industrial estates and offices, also contributed 9.33 per cent to national investment realisation over the past five years.
"Investment realisation was dominated by domestic investment amounting to Rp350.13 trillion or 65 per cent during 2020–2024," said Rakhmat.