Introduction
Jakarta, the capital of Indonesia, is rapidly developing as Southeast Asia’s largest economic hub, attracting expatriates and investors from around the world. In recent years, foreign demand for real estate has surged dramatically, particularly from Asian expatriates (India, Korea, China, Japan) seeking both rental and purchase opportunities.
This article presents the Top 10 most recommended real estate companies for foreigners in Jakarta based on 2025 data, covering each company’s features, services, and fee structures in detail.
Current Jakarta Real Estate Market
Foreign Property Market Characteristics
- Expat-standard housing ranges from USD 2,500 to USD 7,000 per month
- Most desirable areas: Menteng, Kemang, Pondok Indah, Senayan
- Foreign investors comprised over 30% of residential property buyers in 2024
Foreign Property Ownership
While foreigners cannot directly own property in Indonesia, they can acquire real estate through PT PMA (foreign-owned company) establishment, Hak Pakai (Right to Use), leasehold arrangements, and other legal methods.
Top 10 Real Estate Companies for Foreigners
1. Savills Indonesia
Company Overview
An international real estate services company with over 160 years of experience, providing comprehensive services for residential, commercial, and international investment properties.
Features & Services
- Global network and expertise
- Wide range from luxury residential to commercial properties
- Specialized advisory for foreign investors
- Sales, rental, and investment consulting
Fee Structure
- Sales Commission: 2-3% of property value
- Rental Commission: 1 month’s annual rent
- Investment Consulting: Case-by-case basis
Target Clients
Multinational corporation expatriates, high-end property investors
2. Seven Stones Indonesia
Company Overview
A comprehensive corporate services company with offices in Jakarta and Bali, offering real estate services alongside company incorporation, immigration, and financial management.
Features & Services
- European expert team with 20+ years Indonesia experience
- One-stop service from real estate to legal procedures
- Foreign property purchase guidance
- PT PMA establishment support
Fee Structure
- Sales Commission: 2.5-4% of property value
- Rental Commission: 1-2 months’ annual rent
- Legal Support: Separate consultation
Target Clients
First-time investors, foreigners seeking comprehensive support
3. Lets Move Group
Company Overview
Established in 2016 as a foreigner-specialized real estate agency, successfully helping hundreds of expatriates find homes in Jakarta and Bali.
Features & Services
- Mortgage services for foreigners
- Comprehensive residential, commercial, and office properties
- Property legal services, tax advice, company establishment
- 4 branch offices (Jakarta, Seminyak, Canggu, Sanur)
Fee Structure
- Sales Commission: 2-3.5% of property value
- Rental Commission: 1 month’s annual rent
- Financing Support: Free consultation
Target Clients
Foreigners considering mortgages, long-term residents
4. CBRE Indonesia
Company Overview
One of the world’s largest commercial real estate services companies, providing high-quality real estate services in Jakarta.
Features & Services
- Commercial real estate specialization
- High occupancy rate track record in Jakarta CBD
- Investment analysis and market reports
- Office leasing for international companies
Fee Structure
- Commercial Sales Commission: 1.5-3% of property value
- Leasing Commission: 1-2 months’ annual rent
- Investment Consulting: Project-based
Target Clients
Corporate real estate needs, commercial property investors
5. Knight Frank Indonesia
Company Overview
UK-originated international real estate consultancy with strong expertise in the luxury residential market.
Features & Services
- Detailed Jakarta rental apartment market data
- Luxury residential and investment property expertise
- Market analysis and investment reports
- Private client services
Fee Structure
- Sales Commission: 2.5-4% of property value
- Rental Commission: 1-1.5 months’ annual rent
- Investment Advisory: Individual consultation
Target Clients
High-income individuals, investors, affluent families
6. Ray White Indonesia
Company Overview
Australia-originated international real estate network handling apartments, villas, land, and commercial properties in Jakarta.
Features & Services
- Extensive property database
- Wide range from residential to commercial properties
- Australian corporation services
- Digital marketing utilization
Fee Structure
- Sales Commission: 2-3% of property value
- Rental Commission: 1 month’s annual rent
- Additional Services: Variable by case
Target Clients
Australian expatriates, foreigners seeking mid-range properties
7. Colliers International Indonesia
Company Overview
International real estate services company publishing detailed reports on Jakarta’s expatriate housing market.
Features & Services
- Both commercial and residential property coverage
- Market research and data analysis expertise
- Corporate real estate solutions
- Investment property advisory
Fee Structure
- Sales Commission: 2-3.5% of property value
- Rental Commission: 1-2 months’ annual rent
- Consulting: Hourly rate
Target Clients
Corporate clients, commercial property investors
8. OFP (Overseas Freehold Properties)
Company Overview
Specialized company for foreign real estate investment, excelling in navigating legal complexities.
Features & Services
- Legal expertise for foreign property ownership
- Comprehensive support from PT PMA establishment to property acquisition
- Risk management and compliance
- Long-term investment strategy development
Fee Structure
- Comprehensive Fee: 3-5% of project value
- Legal Support: Separate fixed fee
- Ongoing Management: Annual contract
Target Clients
First-time investors, foreigners prioritizing legal support
9. InvestinAsia
Company Overview
Consulting company specializing in Indonesian real estate investment, offering specialized packages for PT PMA establishment and KITAS applications.
Features & Services
- Property purchase support through PT PMA establishment
- Visa and residence permit application services
- Investment consulting
- Free initial consultation
Fee Structure
- PT PMA Establishment: USD 5,000-8,000
- Property Support: 2-3% of property value
- Visa Support: USD 2,000-3,000
Target Clients
Foreigners considering serious investment, company establishment seekers
10. Professional Independent Brokers
Company Overview
Experienced brokers operating as sole proprietors, utilizing personal networks and word-of-mouth for property introductions.
Features & Services
- Community-based services
- Property information based on personal relationships
- Access through HR departments and corporate referrals
- Flexible response and customized services
Fee Structure
- Commission: 2.5-5% of property value or annual rent
- Usually free for tenants as commission comes from landlords
Target Clients
Foreigners seeking personal service, specific area property searches
Fee Structure and Commission Comparison
General Commission Rates
Sales Transactions
- Commission Range: 2-5% of property value
- Luxury Properties: 2-3% (due to larger transaction amounts)
- Residential Properties: 3-5% (due to higher marketing costs)
- Commercial Properties: 1.5-3% (based on transaction complexity)
Rental Transactions
- Standard Commission: 1-2 months of annual rent
- Short-term Rentals: Pro-rata calculation
- Luxury Properties: 1 month of annual rent
- Serviced Apartments: Different fee structure may apply
Additional Costs
- Marketing Expenses: Advertising, photography, signage
- Legal Procedures: Notary fees, registration costs
- Tax-related: Land transfer tax (BPHTB), income tax
- Management Fees: Property management, maintenance
Key Points for Choosing Real Estate Companies
1. Expertise and Experience
- Extensive experience with foreign clients
- Deep understanding of local market
- Legal knowledge and compliance
2. Service Range
- Coverage of both sales and rentals
- Availability of legal support
- Comprehensive after-sales service
3. Language and Communication
- Quality of English support
- Cultural understanding and consideration
- Response speed
4. Network and Property Database
- Abundant property options
- Access to exclusive properties
- Cooperative relationships with other companies
5. Fee Transparency
- Clear commission structure
- Absence of hidden costs
- Room for price negotiation
Area-specific Recommendations
South Jakarta (Luxury Residential Area)
Recommended: Savills Indonesia, Knight Frank Indonesia
- Most popular area for foreigners
- Requires luxury residential expertise
Central Jakarta (Business District)
Recommended: CBRE Indonesia, Colliers International
- Strong in CBD office properties
- Commercial real estate specialization
North Jakarta (New Development Area)
Recommended: Lets Move Group, Seven Stones Indonesia
- Information on new development projects
- Investment property advice
East & West Jakarta (Cost-Performance Focus)
Recommended: Ray White Indonesia, Independent Brokers
- More affordable property range
- Community-based services
Important Considerations for Foreigners
Legal Constraints
- Foreigners cannot directly own land
- PT PMA establishment is the safest purchase method
- Hak Pakai (Right to Use) is 30 years (extendable to maximum 80 years)
Minimum Investment Amounts
- Jakarta detached houses: Minimum IDR 10 billion
- Apartments: Minimum IDR 5 billion
Payment Conditions
- Usually 1 year’s rent paid in advance
- For purchases, 20-30% down payment is common
Risk Management
- Conduct thorough due diligence
- Collaborate with local legal experts
- Consider foreign exchange risks
Conclusion
Jakarta’s real estate market offers attractive investment opportunities for foreigners, but comes with legal complexities and language barriers. Choosing the right real estate company can overcome these challenges and help find ideal properties.
Luxury Properties/Investment Focus: Savills Indonesia, Knight Frank Indonesia Comprehensive Support Focus: Seven Stones Indonesia, Lets Move Group Commercial Real Estate: CBRE Indonesia, Colliers International Cost-Performance: Ray White Indonesia, Independent Brokers
With recent regulatory changes making foreign real estate investment more accessible, now is an excellent time to consider property investment in Jakarta.
When selecting properties, we recommend consulting multiple real estate companies and seeking second opinions. Always collaborate with local legal experts to ensure safe and secure transactions.
Information in this article is current as of 2025. Fees and legal requirements may change, so please contact real estate companies directly for the latest information.
Leave a Reply