Jakarta industrial estates raise asking prices in Q1 2026

Subang led price growth in the city.

Industrial land prices in Greater Jakarta continued to trend upward in Q1 2026, although the market remains in a phase of price discovery, according to a report from Colliers.

Colliers said the average asking price for industrial land reached USD181.59 per sqm during the quarter, posting a slight increase from the previous quarter as several industrial estates adjusted prices at the start of 2026.

However, the consultancy noted that many of the increases remain indicative and are reflected more in asking prices than fully realized transaction values, suggesting that buyers and sellers are still testing market pricing levels despite developers maintaining a positive long-term outlook.

According to Colliers, the strongest price growth was recorded in emerging areas such as Subang, supported by infrastructure improvements, expanding industrial activity and rising investor interest.

Prime industrial estates in Bekasi and Karawang continued to command premium prices, although price increases in those established markets remained relatively moderate.

Meanwhile, emerging industrial locations such as Purwakarta remained competitively priced, attracting occupiers seeking larger land plots with lower entry costs, the report said.

Colliers added that currency movements, particularly the depreciation of the Indonesian Rupiah against the US Dollar, also contributed to changing pricing dynamics across the market.

Looking ahead, the consultancy expects industrial land prices to continue rising gradually, especially in growth corridors benefiting from infrastructure development and sustained investment momentum.