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I’ve checked the basic arithmetic on a Jakarta 4-bed duplex at IDR 11,410,000,000. Rent of IDR 72,660,000 a month produces roughly 7.6% gross, and I have not assumed any appreciation. What remains unclear is how much of that return disappears in normal ownership costs. I have allowed for empty...

The rent decision is approaching, and waiting until the last moment would make both notice and budgeting harder. The trade-off is that comparable Jakarta student housing is being advertised around IDR 62,700,000, while the present tenant pays roughly IDR 53,710,000 and has been consistently...