Indonesia

What to expect from Jakarta’s hotel property sector in the coming years

There will be more 3-star hotels expected to be completed in 2024.

What to expect from Jakarta’s hotel property sector in the coming years

There will be more 3-star hotels expected to be completed in 2024.

Guess how many new apartment units will be completed in Jakarta until 2026

There will be nearly 23,000 units to be added to the city’s supply.

Jakarta office rents to rise by 4-5% this year

The average CBD rents slipped by less than 1% in 2022.

Intiland embraces landed houses as an alternative to struggling high-rise market

The company’s landed residential sales rose by 23.8% and contributed the most by 59.4% in 9M22 YoY.

Jakarta finally breaks its year-long new office supply drought

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

Half of incoming rooms in Jakarta this year are from serviced apartments

Six lodging facilities are expected to open before the year ends.

Jakarta retail rents inch up 0.8% in Q3

The total growth year-to-date was at 1.8%.

Here’s a quick rundown of Indonesian real estate’s Q3 performance

Data centre investments are spilling over to the CBD.

This green open concept makes The Breeze the safest mall in the new normal

Because of its architecture concept, its occupancy rate quickly returned to 80% when restrictions were eased.

Will Jakarta office prices hold steady till the end of the year?

Strata office prices are currently at IDR55.7m/sqm in the CBD.

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.

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.