How Much is the Cost of Building a House in Jakarta?
Are you thinking about building your own dream house? You’ve got some imagination in your head about the outside decorations, the architectural design, the wallpaper, the furniture, facilities, and even the location of your future home sweet home. Luckily in Indonesia, it is still possible for you to buy land and build your own house. Some of the modern countries in the world have high prices of land making it only possible for the upper classes to have a home in their country. Maybe some can also afford it by working hard ever since they graduate from uni and allocate their savings specifically to build their own house.
You also probably buy some books or magazines about the property, watch plenty of videos about decoration, and even browse in the internet about the best vendor to help you build. What a good start! You can build your house depending on how much money and budget that you have. The price starts from IDR 3 million per meter square to IDR 10 million per meter square to build a house in Jakarta. With that price, you will get low-quality materials, which include standard design and price and it does not include the land price. The land price will depend on the location. If it is considered a quite elite area such as Sudirman, Menteng, Pondok Indah, or Kemang you can expect the price is very high compared to other land prices in another place.
Identifying the Cost
First of all, when you want to build a house, there are 2 costs that you need to set up budgets for. Direct Costs and Indirect Costs. Direct Costs refer to material costs, labor costs, and equipment costs. While the indirect costs refer to the overhead costs and the unexpected costs. The materials mean all of the components and the detailed material to build the building. Talking about labor it will depend on the situation the working hour, skills, and productivity, Equipment cost is the money that you will spend on things such as installation fee, purchasing, or leasing fees.
Indirect cost is the unexpected cost that will help you to be ready if anything happens and you need to pay for extra money. Overhead cost means the price for the project itself. To help you settle for all of this you may consult this thing regarding financial advisor or construction agent to help you build your home and allocate the budgets. But you can able to google on yourself and set up the budget on your own. And the first step to decide what to do is the location for your dream house.
Setting up the location
You can consider where is the location for your dream house gonna take place. Is it in the middle of the city, near to the business districts, in the village, or the residential complex? For sure, if you decide to live somewhere in the elite area or the middle of the city center the price of the land will be much higher rather than in a village or rural area. The price will be counted per meter square and you may decide how big do you want your house is and then calculate it by the price per meter square.
Deciding the material
For deciding what to use as the material of your home you can decide for the wood siding., composite siding, fiber cement board siding, and also brick siding. You can google to find information about which materials are the best for your bathroom, bedroom, balcony, and even for your garden.
You can also seek advice from the sellers or the construction agency to help.
Hiring an Architect
To keep you accountable and reach your goals you may hire an architect to help you design. The best thing about hiring an architect is not only it will help you get the best designs for your dream house but he or she can also give you inputs what material is comfortable and not to mention the position and the architectural building can also affect the safety and comforts for your daily living. The cost of hiring an architect will be counted per meter square. It can even start from IDR 8 thousand per meter square
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Hiring Contractor Service
You will need workers to help you build your house therefore you can contact the contractor agent to provide you with the workers that you will need to help you build your dream house. The total cost for paying the workers will be counted daily It ranged from IDR 100 thousand per day – IDR 200 thousand per day. For the contractor fee, you will have to spend for about IDR 750 thousand per meter square – IDR 1 million per meter square depends on the complexity of the constructions. You may also choose to depend on your budget and the quality of the contractor company that you choose.
Adding Some Extra expenses
When you build a house you will also need certain legal documents such as Surat Ijin Mendirikan Bangunan (permission letter to build a house) and you will have to pay to obtain that letter. And also a thing such as electrical installation, water pump, and other detailed things, therefore, all of this cost may go to unexpected costs (indirect costs).
After all, you can make the plan first and set up the budget when you aim to build your own house. Then put 2 categories as we mentioned below about the direct cost and the indirect cost. Then the next step you can check on the location, hire an architect if you need, contractor agent, and googling as much as you need to help you. To build a house you can either renovate an old house that is being sold or start to build a building from an empty land. Truthfully, to build a house in Jakarta you can event start from the budget of IDR 100 ++ million rupiah and that cost doesn’t include the extra expense. Good luck with your new journey in your home sweet home!