Greater Jakarta warehouse additions forecast to average 186,000sqm annually till 2029

Cautious developers tighten the city’s warehouse pipeline.

Colliers reports that future growth in Greater Jakarta’s modern warehouse market is expected to moderate as developers adopt a more cautious and selective approach following years of rapid expansion.

According to Colliers, cumulative modern warehouse supply in Greater Jakarta reached around 3 million sq m in Q1 2026. Between 2019 and 2025, supply grew by an average of approximately 270,000 sq m annually, supported by strong demand and active development. However, annual additions between 2026 and 2029 are forecast to slow to about 186,000 sq m, reflecting a tighter development pipeline and changing market conditions.

Colliers noted that the East corridor continues to dominate the market, accounting for about 72.8% of total warehouse stock across Greater Jakarta. The consultancy attributed the concentration to the availability of large land parcels and established industrial estates, reinforcing the East corridor’s position as the region’s primary logistics hub.

Recent completions in the East corridor include GLC Jakarta 1 by Genesis and Sinar Primera Industrial Narogong Warehouse 3 by Sinar Primera, which have added to overall modern warehouse stock. Colliers said these projects are located near established industrial and logistics hubs where occupier demand remains strongest.

The report added that major logistics developers including MMP, JD Property, EZA Hill and ESR remain among the most active market players, particularly in the East corridor. These groups continue to focus on large-scale, high-specification facilities targeting demand from third-party logistics operators, e-commerce companies and multinational occupiers.

Looking ahead, Colliers expects demand for strategically located modern warehouse facilities to remain strong, although land acquisition, permitting and construction timelines may slow the pace of new completions. As a result, occupancy rates are expected to stay relatively high, while rents are projected to remain stable with possible upward pressure in areas where available space becomes increasingly limited.