📉 Sector dropped 3.7% this week | 📊 Earnings expected to shrink by 9.2% per year
What’s Happening in Indonesia’s Property Market Right Now?
The Indonesian real estate sector took a hit this week. The IDX Real Estate Index dropped 3.7%, mainly due to a steep 9.2% fall from Bangun Kosambi Sukses (CBDK). On the flip side, Ciputra Development (CTRA) gained 6.0%, showing there’s still movement in the right direction for some players.
Looking at the Bigger Picture
- Last 3 months: -7.0%
- Last 12 months: -5.0%
- Year-to-date (2025): -8.6%
Are These Properties Still Worth Investing In?
Price to Earnings (PE Ratio)
The sector’s PE ratio is 6.7x, way lower than the 3-year average of 17.9x. That could mean the market sees lower future profits coming.
Price to Sales (PS Ratio)
Still steady at around 2.5x, the PS ratio suggests investors believe sales are stable—even if earnings may dip.
Past Growth Was Strong
- +90% annual earnings growth (last 3 years)
- +8.7% revenue growth (same period)
That growth is slowing now, but it shows the sector had serious momentum.
What’s Coming Next?
Analysts expect earnings to drop 9.2% annually over the next few years. That’s a big reversal from previous growth—and why some investors are backing off.
If you’re thinking about buying into the market, be sure to check out our Investing in Bali guide to understand how these forecasts affect long-term returns.
Top Performing Stocks This Week
| Company | Change (7D) | 1-Year | Valuation |
|---|---|---|---|
| Repower Asia (REAL) | +18.8% | +280% | PE 5.2x |
| Ciputra Dev. (CTRA) | +5.3% | -35.2% | PE 6.9x |
| GMTD | +3.3% | -43.5% | PE 18.4x |
| MPRO | +0.5% | +19.2% | PS 2813.9x |
| BIPP | +6.7% | +33.3% | PS 0.6x |
What’s Pulling the Market Down?
Bangun Kosambi Sukses (CBDK) was the week’s biggest loser. It dropped 9.2% despite no major news—likely investor jitters ahead of their upcoming AGM.
What Does This Mean for You?
- Past growth was strong, but investor confidence is fading.
- Some companies still look undervalued.
- For serious investors, now could be a chance to buy low—just be cautious and do your homework.
Before jumping in, take time to understand market myths, and learn the difference between luxury vs affordable real estate in Bali.
Final Thoughts: It’s Not All Bad
The sector’s like a popular beach town facing storm warnings. Some investors are pulling out, others are looking for deals. What happens next depends on how big the storm really is—or if the sun comes back out.
Follow GoDulu News for smart real estate updates, market trends, and investment tips—written for real people, not just financial analysts.
