Indonesia
Jakarta’s total hotel supply reaches 64,400 rooms in 2024
Jakarta’s total hotel supply reaches 64,400 rooms in 2024
This includes serviced apartments.
5 days ago
Jakarta retail occupancy rate stable at 74.7% in 2024
Landlords maximised lease renewals.
Will Jakarta retail rents increase this year?
Average rents have remained stable in 2024 as landlords prioritise occupancy levels.
Apartment prices in Jakarta to increase by 1-2% by 2027
South Jakarta is expected to see the highest price hikes.
Jakarta serviced apartment supply to hit 7,752 units by end-2025
Nearly 600 new units are expected to be completed within the year.
Jakarta retail supply reaches 4.9m sqm by end-2024
A new mall opened in the final quarter of the year.
Serviced apartment rents in Jakarta to rise by up to 3% in 2025
The growth will be driven by increases in existing apartment rates.
Jakarta 2024 residential demand only half of 2023 levels
Overall takeup in Q4 2024 alone was at 87.8%.
Jakarta CBD to see 100,000sqm of new office space until 2028
Outside the CBD, around 240,000sqm of new stock is expected to materialise.
Why Bali hotels’ performance is expected to soften in early 2025
Q1 2025 is projected to be slightly slower than the previous year.
Jakarta CBD average office rents decline 7% in 2024
It was part of landlords’ ongoing efforts to boost occupancy rates.
Jakarta apartment supply increases 1.8% to 230,047 units in 2024
The CBD area was the biggest driver of growth.
Jakarta office occupancy slightly increases to 74% in 2024
Thanks to the strong demand for Grade A office buildings.
Everything you must know about Jakarta’s premium apartment market
There was strong demand between 2017 to 2019, a supply correction occurred in 2021 and 2023.
Jakarta premium apartment prices to rise by 1-2% over the next year
The increase is due to the potential for additional absorption.
Jakarta office absorption to reach 170,000sqm in 2025
And vacancy is expected to decline.
New Jakarta luxury condominium project enters the market in Q3
It added 335 units to the city’s current stock.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
