Indonesia

Jakarta retail supply to grow by 3% by end-2024

Thanks to three retail projects in the pipeline.

Jakarta sees five new hotels in Q2

These projects added 765 rooms to the city’s hotel supply.

Asian expats dominate Jakarta’s housing market

Majority of them prefer to stay in apartments instead of landed houses.

Taryan Group wins top awards for the newly announced Anantara Dragon Seseh Bali Resort & Residences

The property will be the first luxury beachfront resort in Seseh’s volcanic black sands.

Jakarta to see 19 new residential projects in 2026

These projects will yield over 8,500 units.

Why Jakarta office landlords must focus on tenant retention strategies 

Demand is expected to remain modest for the rest of 2024.

Existing projects dominate Jakarta’s Q2 residential sales

Nearly 69% of the sales were from existing projects, thanks to buyer preference for established developments.

Jakarta’s cumulative office supply hits over 11m sqm in Q2 

Analysts expect it to remain unchanged until 2025.

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.