Indonesia

Jakarta office rents in a free fall since 2015

Blame it on burgeoning vacancy rates and a heavy supply schedule.

Jakarta office rents in a free fall since 2015

Blame it on burgeoning vacancy rates and a heavy supply schedule.

Indonesian homebuyers still “extremely cautious” despite government incentives

There were no new projects launched in Q1 as developers focus more on selling existing ones.

James Allan joins panel of judges at this year’s Real Estate Asia Awards

For JLL Indonesia’s Country Head, sustainability is becoming one of the most valued features in real estate.

Hopes fade for Indonesian property developers’ 2021 recovery despite stronger sales

Find out why S&P has such a pessimistic outlook for the developers.

Sinar Mas Land’s ‘Moving Quickly’ a big hit among millennials

The company also saw a spike in interest for high-end projects Nava Park and The Zora.

Indonesian property sector gets massive boost from government incentives

New measures aim to boost transactions and development activity in the real estate sector.

How building and facilities managers can strategise amidst COVID-19 regulations

Managers strive to keep units full after a year of the pandemic. 

Buyers face dilemma in Jakarta’s sluggish strata-title office market

Investors purchasing for sublease face tight competition from unabsorbed spaces in the market.

A bumpy road to recovery looms for Jakarta’s apartment market 

The demand growth in the market remains sluggish, making it hard to revise the asking prices.

Indonesian property sector to get a boost from these government incentives

These include a waiver of the 10% VAT on property sales under IDR2 billion.

What to expect in Jakarta's property market this year

JLL says there are reasons to be optimistic as we progress into 2021.

Indonesia prime mall rents won't improve till 2022: JLL

Rents are expected to stabilise this year and start improving by 2022, driven by limited supply in the upcoming years.

Jakarta records lowest office space supply since 2015

Only 170,000 sqm of Grade A buildings were completed in 2020.

Indonesian office tenants downsizing by up to 30% upon lease renewal

They’re also asking for further lease flexibility to manage risks.