Indonesia

Jakarta retail rents remain stable but service charges grow

The average rental rate in Jakarta was IDR 563,428 in Q1.

Jakarta retail rents remain stable but service charges grow

The average rental rate in Jakarta was IDR 563,428 in Q1.

Farpoint clinches two Real Estate Asia Awards for Maestria Residences

Its Maestria Residences aims to become a vibrant community and a role model for sustainable development.

Jakarta to see over 9,300 new apartments by 2026

Over 4,500 units will be completed in 2024.

Jakarta to see one new prime shopping mall this year

It will be located in the city’s central area.

Jakarta office rents down 7.3% in Q1

The rate of decline has slowed over the last two years.

Jakarta retail supply to hit 5m sqm this year

Three new malls are currently under construction.

Jakarta to see over 1,800 new luxury hotel rooms by year-end

This will be the highest figure for the next three years.

Jakarta office occupancy to reach 76% by year-end

The average occupancy rate in the CBD was at 74.7% in Q1.

Jakarta office space demand to hit up to 150,000sqm per year till 2026

Rightsizing continues to be a trend amongst occupiers.

Jakarta to see over 9,300 new residential units by 2026

Nearly half of these units will be completed this year.

Jakarta prime retail supply expected to be ‘scarce’: JLL

Though there is a notable new mall slated to open in the first half of 2024.

Over 1,600 rooms to enter Jakarta’s hotel market in 2024

This will cause the city’s hotel supply to grow by 2.9%.