Makassar's property market is undergoing a seismic shift as new residential developments in suburban corridors offset supply issues within the dense urban core. While m² Prices reflect steady appreciation driven by regional infrastructure upgrades, the city remains a highly competitive entry point compared to Java. The Investment Outlook is particularly bullish for the logistics and hospitality sectors near the expanding port and waterfront. Verdict: Makassar offers a superior Cost of Living for professionals, but immediate acquisition is advised before the projected 2027 price surge.
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Districts Analysed
Centralized amenities, reputable schools, and proximity to major shopping hubs make it the city's most convenient residential district.
As the home of the Tanjung Bunga waterfront, this area provides premium integrated townships and high-end coastal views.
Located near the international airport, this district offers the most competitive rates for first-time buyers and industrial workers.
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.
Buyers are typically responsible for the BPHTB (Land and Building Acquisition Duty) at 5% of the transaction value after the local non-taxable threshold is deducted.
Foreigners can acquire property under the 'Hak Pakai' (Right to Use) title or through a PT PMA for commercial 'Hak Guna Bangunan' (Right to Build) status.
Most rental agreements for houses exclude utility and community fees, though modern apartment listings often integrate these into the base monthly rate.