jakarta office supply
Jakarta to see 700,000sqm of new office supply by 2025
Jakarta to see 700,000sqm of new office supply by 2025
A majority of the space is located in the CBD.
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.