Indonesia

Blending trusted Japanese quality with a bold vision for sustainable, high-end urban living, the company continues to shape Indonesia’s real estate landscape with resilience and innovation.

The developer projects an 18% return on investment on 30-year leases.

The beach property will offer upscale amenities and profitable investment returns, according to the group.

Most of the openings will be in the upscale and luxury segment.

Limited new supply is expected through 2025 and 2026.

There will be two 4-star hotels and one 5-star hotel.

A project from Ascott Group will add 726 units.

The total supply reached nearly 59,000 rooms during the quarter.

There are a couple more projects scheduled for delivery in 2026.

There was moderate market growth in the high-end apartment sector.

Outside the CBD, seven new developments are expected to enter the market.

South Jakarta had the greatest price increase.

Middle class malls continue to struggle with occupancy.

Over half of these units will be handed over this year.

Multinational companies remain attracted to the CBD area.

Total transactions hit over 427 hectares in 2024.