Indonesia

Jakarta apartment stock expected to grow by 2.5% in 2024

The city currently has 226,815 units in stock.

Why Jakarta’s serviced apartment sector holds strong long-term potential

The sector has had notable growth in supply and demand since 2019.

Jakarta’s cumulative retail supply steady at 4.9m sqm in Q3

A few projects are slated to open towards the end of the year.

Apartment take-up rate in Jakarta dips to 87.8% in Q3

Newly launched apartments had a downward pressure on take-up rates.

Jakarta CBD office occupancy rate reaches 73% in Q3

The occupancy rate outside the CBD was lower at 70%.

Jakarta CBD office supply hits 7.38m sqm in Q3

Outside the CBD, supply reached 3.83m sqm during the same quarter.

Jakarta hotel performance set to improve until Q4

Occupancy rates are expected to grow as business activities increase.

Jakarta office occupancy rate forecast to remain low

There is an influx of new supply in the next two years.

Jakarta to see three new service apartments in 2025

These projects will add 648 units to the market.

Three new hotels open in Jakarta in Q2

There were 621 rooms added to the market.

Jakarta serviced apartment rents to increase by 1-2% by year-end

This is due to an influx of new supply in the second half of the year.