Jakarta, Indonesia

rich real estate jakarta

Jakarta is a major urban center that has seen real estate prices shoot up as the country's economy flourishes. The city's property market has benefited from demand from abroad and a middle class that's increasingly affluent.

Jakarta resident and Canadian expatriate Wendy Rudder says new residential towers marketed to international investors are constantly cropping up.

"Half the people in my building are Japanese because the Japanese are very interested in investing in Indonesia over the long term," she said.

Prices for a two-bedroom apartment typically range from $90,000 to $260,000.

First published June 6, 2014: 7:13 AM ET
Source: Candy GPS Report from Savills World Research, Candy & Candy and Deutsche Asset & Wealth Management

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