Indonesia
Jakarta office occupancy rate forecast to remain low
There is an influx of new supply in the next two years.
Jakarta office occupancy rate forecast to remain low
There is an influx of new supply in the next two years.
Jakarta to see three new service apartments in 2025
These projects will add 648 units to the market.
Three new hotels open in Jakarta in Q2
There were 621 rooms added to the market.
Jakarta office occupancy rate to stabilise at 65% by year-end
Rents are expected to decline at a slower rate.
Jakarta industrial net absorption reaches over 31,000sqm in H1
There was limited supply during the period.
Jakarta serviced apartment rents to increase by 1-2% by year-end
This is due to an influx of new supply in the second half of the year.
Jakarta retail occupancy rate remains stable as tenant retention challenges persist
The occupancy rate was at 74% as of Q2 2024.
How Jakarta mall owners can attract and retail high-quality tenants
Maintaining harmony between tenants and landlords is essential.
Jakarta retail supply to grow by 3% by end-2024
Thanks to three retail projects in the pipeline.
Jakarta sees five new hotels in Q2
These projects added 765 rooms to the city’s hotel supply.
Asian expats dominate Jakarta’s housing market
Majority of them prefer to stay in apartments instead of landed houses.
Taryan Group wins top awards for the newly announced Anantara Dragon Seseh Bali Resort & Residences
The property will be the first luxury beachfront resort in Seseh’s volcanic black sands.
Jakarta serviced apartment supply to reach 7,793 units by end-2025
These will be from four upcoming projects.
Jakarta to see 19 new residential projects in 2026
These projects will yield over 8,500 units.
Why Jakarta office landlords must focus on tenant retention strategies
Demand is expected to remain modest for the rest of 2024.
Existing projects dominate Jakarta’s Q2 residential sales
Nearly 69% of the sales were from existing projects, thanks to buyer preference for established developments.
Jakarta’s cumulative office supply hits over 11m sqm in Q2
Analysts expect it to remain unchanged until 2025.