Indonesia
Jakarta office vacancy rate to dip to 34% by end-2025
Jakarta office vacancy rate to dip to 34% by end-2025
Limited new supply is expected through 2025 and 2026.
Three new hotels set to open in Jakarta by year-end
There will be two 4-star hotels and one 5-star hotel.
Jakarta’s serviced apartment supply to reach 7,907 units by 2027
A project from Ascott Group will add 726 units.
Guess how much Bali’s hotel supply has grown in Q1
The total supply reached nearly 59,000 rooms during the quarter.
Total mall supply in Jakarta hits 4.9m sqm in Q1
There are a couple more projects scheduled for delivery in 2026.
Here’s a rundown of Indonesia’s Q1 real estate investment market
There was moderate market growth in the high-end apartment sector.
Jakarta CBD to see 100,000sqm of new office space by 2028
Outside the CBD, seven new developments are expected to enter the market.
Asking prices of Jakarta apartments inch up 0.3% in Q1
South Jakarta had the greatest price increase.
Jakarta records Q1 retail occupancy rate of 73.8%
Middle class malls continue to struggle with occupancy.
Jakarta to see nearly 5,000 new apartment units by 2027
Over half of these units will be handed over this year.
Jakarta CBD office occupancy inches up to 74.5% in Q1
Multinational companies remain attracted to the CBD area.
Industrial transactions in Greater Jakarta increase by almost twofold
Total transactions hit over 427 hectares in 2024.
Surabaya retail occupancy rate to grow by 3% annually until 2027
And rents are expected to rise by 2% this year.
Jakarta prime retail rents up 3.26% in FY2024
Rental growth remained stable due to high occupancy rates.
Jakarta to see several condominium projects in 2025
Ascott is expected to introduce three new developments this year.
Jakarta to see nearly 1m sqm of new industrial supply by 2027
This will cause vacancy rates to hit 12-13%.
Jakarta Grade A office rents decline by 1.1% in 2024
This is despite the slight increase in Q4.
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