In the residential sector, purchasing power challenges persist due to high interest rates. However, the incentive of Government Borne Value Added Tax (PPN DTP) could stimulate property transactions in the near term. The commercial sector has demonstrated signs of recovery, with business activity increasing in the post-pandemic period. The industrial property and logistics sectors have experienced significant growth, driven by e-commerce expansion and foreign investment. Ray White Indonesia's Country Director, Johann Boyke Nurtanio, has expressed a positive long-term outlook for Indonesia's property market, citing ongoing infrastructure development and a growing population.
Ray White Central's strategic expansion in Indonesia, marked by the opening of a new office in Sleman, is expected to strengthen its business network and broaden its property services available to customers. Ray White's commitment to excellence was recognised on 15 February 2025 when they won the Top Franchise Platinum Award 2025 at an event held at the Indonesia Convention Exhibition (ICE) BSD. Marketing Manager Group Bianca Cornelys received the award. This award is a testament to Ray White's ongoing growth and commitment to high standards within the property industry. As an innovative and trusted property franchise network, Ray White has consistently demonstrated its dedication to delivering exceptional service to its clients and business partners. Looking ahead, Ray White is committed to providing the best property solutions and expanding its service offerings to meet the diverse needs of the Indonesian consumer.
