Greater Jakarta industrial sales slow but demand pipeline remains strong
At least 3,379 hectares are currently under active development.
Greater Jakarta's industrial land market recorded a slower start to 2026, with land sales declining to 23.3 hectares in the first quarter from 65.6 hectares in the previous quarter, according to Savills.
While no new industrial estates were completed during the quarter, Savills said total industrial land supply remained at 14,607 hectares, with at least 3,379 hectares currently under active development through infrastructure works and land preparation across several estates, including Modern Cikande Industrial Estate, Karawang New Industry City and Patimban Industrial Estate.
Demand remained concentrated across key industrial corridors, with transactions recorded in Modern Cikande, Artha Industrial Hill, Surya Cipta City of Industry, Bekasi Fajar and Subang. Purchasers included local companies as well as Chinese and Japanese manufacturers across the chemical, textile, paper cup, construction and packaging sectors.
Savills said inquiries from semiconductor, electric vehicle component, electronics and data centre operators remain robust, although regulatory delays in securing approvals for new power substations have slowed transaction activity. The consultancy said resolving these approval bottlenecks could unlock significant industrial land demand from high-tech industries in the coming quarters.