Indonesia
Cautious optimism remains the theme for Jakarta’s property market this year
Cautious optimism remains the theme for Jakarta’s property market this year
Find out why JLL says market confidence will be stronger than last year.
How will hybrid working impact office building management?
Operational efficiency is now more important than ever.
Jakarta retail space supply to increase by 350,000sqm within the next 3 years
Four new malls will be completed this year.
Jakarta serviced apartment occupancy rate up improves to 61.1% in Q4
It increased by 9.4 percentage points compared to the previous quarter.
What you need to know about Jakarta’s upcoming office property supply
Supply was stagnant at 6.96 million sq m in Q4 2021.
Jakarta Grade A office rents down 2.2% in Q3
There are still massive discounts available for tenants.
Automotive, tech firms scrambling for industrial land in Jakarta
There were at least 3 transactions of 13 hectares for data centre companies in Q3.
Jakarta office rents on a downward streak for over two years now
But rental declines are now slowing with only a 0.6% drop in Q3.
Jakarta’s retail occupancy rate drops to 71.2% in Q3
This is a 7% decline from the start of the pandemic in Q2 2020.
Indonesian residential developers find new creative ways to promote projects
Some have been using online channels like Instagram and TikTok.
Jakarta’s office supply to be halved by end-2021
Total supply will grow 1.6% this year, but it will be 50% lower than last year.
Eight lodging properties to open in Jakarta before year-end
This translates to 1,500 new rooms.
How ready is Jakarta's office market for the rising demand in green spaces?
Less than 20% of the city's office supply obtained green certifications.
Office tenants in Jakarta still undergoing massive downsizing
One tenant surrendered around 30,000 sqm of space.
Everything you need to know about the data centre market in Indonesia
Greater Jakarta is the key market in the country with over 70MW of capacity as of 2020.
Jakarta CBD office occupancy rates hit sub 80% for the first time
The average occupancy rate fell 1.1% to 79.2% in Q2 2021.
Giant global tech firms to build data centres in Indonesia
Projects by Microsoft, Google, Amazon, Alibaba, and more will be completed over the next two years.
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