Indonesia

Jakarta retail occupancy costs rise gradually in prime malls

Average base rent increased to IDR 572,000 per sqm.

Jakarta serviced apartment rents hold flat amidst soft demand

Demand in early 2026 was primarily driven by renewals.

Jakarta strata office market sees steady but selective recovery

CBD strata office assets maintained stable pricing at around IDR 57 million per sqm.

Ready-to-move-in units lead Jakarta apartment absorption in Q1

Over half of the 290 units sold in Q1 were from ready-to-move-in stock.

Jakarta retail stock hits 4.9m sqm in Q1

Supply in Greater Jakarta alone rose to around 3.3m sqm during the quarter.

Jakarta total office supply reaches 11.3m sqm as of Q1

CBD accounts for around 65% sqm of the supply.

Jakarta mall rents up 2.6% in 2025

Rental levels in prime locations remained stable.

Greater Jakarta logistics stock tops 3.1m sqm in 2025

Net absorption hit a record 489,500sqm for the year.

Jakarta hotel inventory to grow by 1.6% this year

Midscale hotels and serviced apartments dominate the pipeline.