Indonesia
Completion delays still haunt Jakarta’s apartment market
The cumulative apartment supply only grew 0.1% to 219,859 units in Q3.
Completion delays still haunt Jakarta’s apartment market
The cumulative apartment supply only grew 0.1% to 219,859 units in Q3.
What to expect from Jakarta’s hotel market moving forward
Monthly occupancy rates haven’t reached below 50% so far this year.
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 apartment rents to rise 1-3% in the next three years
Competition is set to be tight as more new projects enter the market.
Almost half of new hotel openings in Jakarta will be serviced apartments
Six properties are expected to open within this year.
Jakarta prime retail rents inch up 0.7% in Q2
Most landlords have resumed normal rent levels.
Jakarta to see over 373,000sqm of new retail supply till 2023
There are no high-end retail projects in the pipeline.
Jakarta Grade A office rents down 2.4% in Q2
On a year-on-year basis, rents decreased 9.6%.
Why Japanese developers are key players in Indonesia’s residential market
They are responsible for 5% of the condo units in Greater Jakarta.
Sinar Mas Land focuses the spotlight on BSD City
Sinar Mas Land is aggressively transforming BSD City into a smart digital and sustainable city.
What is LVC scheme and why is it key to Indonesia’s urban development problems
TOD housing concept is currently in the spotlight amidst the development of public transportation access.
Indonesia data centre market to hit US$3.07b by 2026
Other cities besides Jakarta are attracting investor attention.
Serviced apartments to account for 41% of new hotel rooms in Jakarta
Approximately 1,550 new rooms will enter the market this year.
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 office rents down 2.8% in Q1
Rents are expected to continue on a downward trend for the rest of the year.
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.
Net takeup of Indonesian non-CBD offices surges by 85% in Q1
But the country’s residential sector is leading growth in the property market.
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