Indonesia
Jakarta 2024 residential demand only half of 2023 levels
Jakarta 2024 residential demand only half of 2023 levels
Overall takeup in Q4 2024 alone was at 87.8%.
Jakarta CBD to see 100,000sqm of new office space until 2028
Outside the CBD, around 240,000sqm of new stock is expected to materialise.
Why Bali hotels’ performance is expected to soften in early 2025
Q1 2025 is projected to be slightly slower than the previous year.
Jakarta CBD average office rents decline 7% in 2024
It was part of landlords’ ongoing efforts to boost occupancy rates.
Jakarta apartment supply increases 1.8% to 230,047 units in 2024
The CBD area was the biggest driver of growth.
Jakarta office occupancy slightly increases to 74% in 2024
Thanks to the strong demand for Grade A office buildings.
Everything you must know about Jakarta’s premium apartment market
There was strong demand between 2017 to 2019, a supply correction occurred in 2021 and 2023.
Jakarta premium apartment prices to rise by 1-2% over the next year
The increase is due to the potential for additional absorption.
Jakarta office absorption to reach 170,000sqm in 2025
And vacancy is expected to decline.
New Jakarta luxury condominium project enters the market in Q3
It added 335 units to the city’s current stock.
Jakarta hotel transaction volume could surpass USD200m this year
There is strong investor interest in the sector.
Jakarta hotel performance expected to slow until Q1 2025
This is following a robust performance in Q3 2024.
What will drive Jakarta’s retail rental growth until 2026?
Landlords must maintain profitability and tenant satisfaction.
Jakarta’s serviced apartment supply to hit 7,793 units by end-2025
There are three projects expected to be completed over the next year.
Guess which hotel chain has the most properties in Jakarta
This brand operates a total of 34 establishments in the city.
How can Jakarta retail landlords maintain profitability and tenant satisfaction?
Retail rents are expected to remain stable till the end of the year.
Jakarta strata-title apartment asking price inches up by 0.4% in Q3
Developers are aiming to deplete remaining stock.
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