Jakarta CBD office occupancy to reach 76% in 2026

But occupancy outside the CBD is expected to soften.

According to a Colliers report, workspace efficiency and rightsizing remain priorities for most occupiers in Jakarta. Nevertheless, downsizing trends are becoming increasingly rare, with certain sectors— particularly technology, energy, and financial services—showing renewed interest in securing office space to support expansion.

This shift has supported a steady improvement in average occupancy over the past year.

Here’s more from Colliers:

In CBD, occupancy reached ~75% in Q3 2025, up around 2% YoY. Demand is expected to strengthen further toward year-end, supported by attractive landlord packages for premium and grade A buildings. Occupancy is forecast to reach around 76% in 2026.

Outside the CBD, occupancy slipped to ~70% in Q3 2025, down ~1% from Q2, partly due to competition with CBD offering and the entry of Menara Jakarta. Despite the softer trend, cost-conscious tenants continue to be drawn to non-CBD locations, especially those near retail, lifestyle hubs, and residential areas. With several completions expected in 2026, occupancy outside the CBD could see a further correction of 1-2%.

By building grade, premium and grade A buildings remain the main contributors to CBD absorption, with occupancy at 80% and 77%, respectively. Tenant preference for certified green buildings is expected to further support demand in these categories. Outside CBD areas, grade A occupancy was recorded at 69%, reflecting a slight decline from the previous quarter.