Apartment supply pipeline remains thin in Jakarta

Developers are on a wait-and-see approach amidst a weak market.

Jakarta's apartment market remained subdued in the first quarter of 2026, with no new project launches recorded as developers continued to adopt a cautious approach, according to Savills.

The consultancy said the prolonged absence of new supply reflects developers' reluctance to introduce inventory into a market still facing significant pressure and uncertain demand conditions.

Savills noted that developers have largely adopted a wait-and-see strategy, delaying launches until market conditions improve.

Looking ahead, the supply pipeline remains limited. One project in the Kota Kasablanka area is understood to be in an advanced pre-launch stage, while another potential development has been reported in the Mega Kuningan area.

If launched, these projects would represent the first significant new apartment supply since the launch of Two Sudirman in 2024, although timing remains dependent on market conditions, Savills said.