Makassar has evolved into a sophisticated urban powerhouse, with the Centre Point of Indonesia (CPI) development significantly elevating the city's luxury waterfront profile. While the average buy price of Rp13,125,000/m² shows steady resilience, a noticeable supply crunch in mid-tier landed housing is currently driving demand toward suburban expansion. Our verdict: Makassar is a 'Strong Buy' for strategic investors looking to capitalize on its status as the indispensable logistics and lifestyle hub of Eastern Indonesia.
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Districts Analysed
As the city's primary commercial hub, it offers the highest density of international schools, shopping malls, and healthcare facilities for a convenient lifestyle.
Home to the iconic Losari Beach and high-end waterfront apartments, this district commands premium prices for its prestige and sunset vistas.
Anchored by Hasanuddin University, this area offers the most competitive rental yields and affordable entry points for first-time buyers.
Top-rated zones for tenants
Makassar has 11 analyzed neighborhoods with a citywide average rent of Rp36819.48/m² per month. Each district below is rated on our 1-5 scale and classified from "Trenches" (best value) to "Final Boss" (luxury tier). Click any neighborhood to see the full price breakdown, local highlights, and our verdict on whether it is fairly priced.
Gross rental yield for Makassar: 3.5% annually based on average rent vs. buy prices.
Foreigners typically utilize 'Hak Pakai' (Right to Use) certificates, though many luxury developments in the city now offer structures that allow for long-term secure residential investment.
Avoid the peak monsoon season between December and February to prevent logistical delays caused by heavy tropical rainfall and localized flooding.
Buyers must budget for the BPHTB (Land and Building Acquisition Tax) at 5% of the transaction value, alongside standard notary and administrative fees common across South Sulawesi.