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Real estate in Indonesia has become an attractive investment opportunity due to the country's growing economy, increasing middle class, and growing urbanization. The real estate market in Indonesia is diverse, ranging from residential properties to commercial and industrial spaces.

Jakarta, the capital city, is the center of the country's real estate market, where the demand for residential properties and commercial spaces is high. Other major cities, such as Surabaya, Bandung, and Medan, are also experiencing rapid growth in their real estate markets.

Foreigners can own property in Indonesia, but there are restrictions on the type of property that they can own. They are not allowed to own land outright, but they can purchase leasehold property for up to 70 years.

The real estate industry in Indonesia is regulated by the Ministry of Agrarian and Spatial Planning, which oversees the issuance of land certificates and other related matters. There are also several real estate associations, such as the Indonesian Real Estate Association (REI) and the Indonesian Chamber of Commerce and Industry (KADIN), which play a significant role in the industry's development and growth.

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