Indonesia is the most populous and the richest country in Southeast Asia. The country is predicted to become an economic powerhouse in the future and has a rapidly growing middle class.
However, regulations are still not favorable to foreigners, but the government won’t have any other options than to change these, if Indonesia is to compete with other countries in the region. Once it does, the property market is expected to boom. Many foreigners, especially the Chinese, have understood this and decided to enter the market in an early stage.
You can find many international but also local real estate agencies in the country, especially in the capital Jakarta. But it’s not easy to find summarized information about the companies. Therefore I’ve written this article where I list some of the biggest and most popular real estate agencies in Indonesia. Let’s have a look.
The real estate agencies are listed in a random order.
1. JLL Indonesia
JLL, also known as Jones Lang LaSalle, is a leading global brand and Fortune 500 company based in the United States. The company has a presence in 80 countries and currently employs around 80,000 people in 300 offices across the globe. It’s also one of the largest real estate agencies in Asia with 32,000 employees and 83 offices in 16 countries.
JLL is ranked as the second largest real estate agency in the world after CBRE Group, in terms of annual revenue. The head office of JLL Indonesia is situated in Jakarta and with two additional offices in Bali and Surabaya.
So who’s heading JLL Indonesia?