A bright start in the Indische Buurt
This third-floor apartment on Insulindeweg 621 sits on a quiet road in a residential area of the Makassarpleinbuurt, part of the Indische Buurt-Oost in Amsterdam. Built in 1987, the home has an energy label A, which is an efficient label. With a floor area of 74 square metres according to the BAG registration, the asking price of €500,000 is keen compared with the neighbourhood average asking price of €528,143. For context, the average asking price per square metre in the neighbourhood is €8,687, while this home is listed at €6,579 per square metre based on the agent's listing. If you are looking at apartments in Amsterdam, this one stands out for its price position.
Inside the apartment
The apartment has three rooms, including two bedrooms and one bathroom, all on a single floor. The agent describes the home as fully insulated, with a central heating boiler. There is a balcony, and the property is on the third floor. The ownership is municipal ground lease, with the canon paid off until 16 April 2038. The homeowners' association fee is €367.14 per month. The agent lists the living area as 76 square metres, while the BAG registration states 74 square metres.
Life in the Makassarpleinbuurt
Residents give the neighbourhood an average score of 8.38, based on four reviews. One resident says: "The people here in the neighbourhood are friendly and everyone helps each other where needed, so nice!" Another adds: "Everyone in the neighbourhood helps each other and stands up for each other, which is very nice." The neighbourhood has about 5,625 inhabitants, and a large share of households are single-person, at 57 percent. The housing stock is mixed, with 28 homes currently for sale, and the average asking price is €528,143. For more on the Makassarpleinbuurt neighbourhood, the reviews paint a picture of a social community.
Amenities and getting around
Daily errands are easy from here. The Albert Heijn and Lidl are both just around the corner, and there are more supermarkets within a ten-minute walk. For schools, the Montessori Lyceum Oostpoort ISK Soembawastraat and LUCA Praktijkschool are on your doorstep, and the Islamitische Basisschool Al Jawhara is a couple of streets away. The nearest GP is Huisartsenpraktijk Zeeburgerdijk, a five-minute walk, and the Service Apotheek Molukken is just around the corner. Public transport is close: the Soembawastraat stop, served by tram and bus lines 4, 7, 14, 25, 37, 245 and N89, is on your doorstep. Amsterdam Muiderpoort station is a ten-minute walk. All this is within the municipality of Amsterdam.
WOZ value and address data
The WOZ value for this home is €553,000, as of the reference date 1 January 2025. The asking price is 10 percent below the WOZ value. Between 2020 and 2025, the WOZ value rose by 58 percent, from €349,000 to €553,000. As for address-level risk data, the noise from road traffic is 57 dB Lden, which is above the noise standard, based on 2022 data. The foundation risk indication is low, and the pluvial flooding risk is low, both area-level indications. Heat stress is currently medium, and by 2050 it is indicated as elevated, again at area level.
About the listing
At the time of writing, the home is offered via multiple channels, including KRK Makelaars and KRK Makelaars Amsterdam on Funda.
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The WOZ value is set annually by the municipality with 1 January as its reference date, and therefore lags the market by about a year. It is an estimated market value, not a sale price.
Frequently asked questions
About Insulindeweg 621, Amsterdam
How does the asking price compare with the WOZ value?
The asking price of €500,000 is 10 percent below the WOZ value of €553,000, which was set on 1 January 2025. The WOZ value is the municipal valuation, not the current market value. The price is also keen compared with the neighbourhood average asking price of €528,143. The average asking price per square metre in the neighbourhood is €8,687, while this home is listed at €6,579 per square metre.
What is the layout of this apartment?
The apartment has three rooms in total, including two bedrooms and one bathroom, all on a single floor. The agent lists the living area as 76 square metres, while the BAG registration states 74 square metres. There is a balcony, and the home is on the third floor. The property is described as fully insulated, with a central heating boiler.
What is the energy label and what does it mean?
The energy label is A, which is an efficient label. This means the home is likely to have relatively low energy costs compared with less efficient labels. The agent also states that the home is fully insulated. The label is based on the official registration, and the insulation is described in the listing. No further details on the heating system are given beyond the presence of a central heating boiler.
What is the ground lease situation?
The property is on municipal ground lease, with the canon paid off until 16 April 2038. This means that the annual ground rent has been settled in advance for that period. After that date, the ground lease will need to be renewed, which may involve new conditions. The homeowners' association fee is €367.14 per month, which covers the shared costs of the building.
What is the noise situation around this address?
According to public risk data at address level, the noise from road traffic is 57 dB Lden, which is above the noise standard, based on 2022 data. Noise from rail traffic is 43 dB Lden, which is not above the standard, and noise from air traffic is 42 dB Lden, also not above the standard. These are area-level indications, not a measurement inside the home.
What are the flood and foundation risks for this home?
The foundation risk indication is low, and the pluvial flooding risk is low, based on area-level data. The current flood risk is also low, and the flood risk for 2050 is low. Heat stress is currently medium, and by 2050 it is indicated as elevated. These are indications at the area level, not an inspection of this specific property.
Which supermarkets are closest to this apartment?
The nearest supermarkets are Albert Heijn at 173 metres and Lidl at 177 metres, both just around the corner. There is another Albert Heijn at 635 metres, which is a five-minute walk, and a SPAR at 958 metres, about a ten-minute walk. In total, there are 119 supermarkets within five kilometres, so you have plenty of options for daily groceries.
What schools are near this home?
The nearest schools are Montessori Lyceum Oostpoort ISK Soembawastraat and LUCA Praktijkschool, both at 128 metres, on your doorstep. The Islamitische Basisschool Al Jawhara is at 148 metres, also very close. The Flevoparkschool is at 215 metres, and the Vrije School Thula is at 349 metres. These include both primary and secondary education options.
How is the public transport from this address?
The nearest stop is Soembawastraat at 82 metres, served by tram and bus lines 4, 7, 14, 25, 37, 245 and N89. The Molukkenstraat stop is at 198 metres with additional lines 19 and 40. The Javaplein stop is at 311 metres. Amsterdam Muiderpoort train station is at 784 metres, about a ten-minute walk, giving you access to the national rail network.
What do residents say about the Makassarpleinbuurt?
Residents give the neighbourhood an average score of 8.38, based on four reviews. One resident says: "The people here in the neighbourhood are friendly and everyone helps each other where needed, so nice!" Another says: "Everyone in the neighbourhood helps each other and stands up for each other, which is very nice." The reviews highlight a social and supportive community, though one review is less positive.
