jakarta office supply News - The Latest News, Insight, Commentary & Analysis at Real Estate Asia

jakarta office supply

Jakarta finally breaks its year-long new office supply drought

A 47,439sqm building completed in Q3 after a year with no new supply.

Jakarta CBD’s office supply to hit 7.1m sqm by year-end

And supply will be at 3.8m sqm outside the CBD.

Jakarta Grade A office rents down 2.4% in Q2

On a year-on-year basis, rents decreased 9.6%.

Key trends in Jakarta’s flex office space market 

Flex offices account for 5.2% of the total leased space in Sudirman CBD as of Q1.

Jakarta Grade A office rents decline 8.1% for full-year 2021

Rent decreased 2.5% in the final quarter of the year.