jakarta retail supply
Jakarta to see over 373,000sqm of new retail supply till 2023
There are no high-end retail projects in the pipeline.
What were the most active tenants in Jakarta’s prime retail property market?
Prime malls saw more of these two types of tenants in the quarter.
Jakarta retail space supply to increase by 350,000sqm within the next 3 years
Four new malls will be completed this year.
Jakarta’s retail occupancy rate drops to 71.2% in Q3
This is a 7% decline from the start of the pandemic in Q2 2020.
It’s high time for property developers to implement effective anti-money laundering requirements