SECTORS
Residential
Residential
Jakarta Rental Apartment Market Overview
Supported by short-stay guests during the year-end holiday season and business travelers, the rental apartment market continued to see gradual improvement in occupancy and asking gross rentals.
28 May 2024
Residential
Jakarta Strata Apartment Market Overview
Strata condominium market in Jakarta remained to experience sluggish performance with a slower pre-sales and minimal price growth. Developers faced weak demand and financing difficulties, leading to lesser condo project launches and further delays.
27 May 2024
Residential
Jakarta Rental Apartment Market Overview
Bolstered by the resilient economy, rising daily and short-term stays partly helped to sustain the occupancy level and rental growth. Greater supply pipeline may pose strong competition.
26 September 2023
Residential
Jakarta Strata Apartment Market Overview
Demand for strata condominiums in Jakarta remained subdued amid cautious buyer sentiment. With the expected ease of property ownership for foreigners to purchase properties, it may be deemed to provide an additional source of demand to boost apartment sales.
26 September 2023
Residential
Jakarta Rental Apartment Market Overview
With the returning of expatriates and business activity back to normal, the rental apartment market continued to see further improvement in occupancy and asking gross rentals.
31 July 2023
Residential
Jakarta Strata Condominium Market Overview
Demand for strata condominiums in Jakarta remained weak despite the re-opening, with potential buyers—especially investors—still cautious about buying. Concerns over supply glut, rising cost of construction and higher interest rates continue to weigh on sentiment.
31 July 2023
Residential
Jakarta Condominium Market Overview
The pre-sales rate in the first half of 2022 was registered flat, with the market expected to remain sluggish despite increased activities and the extended VAT waiver. Excess supply, increased cost of construction and potential rising interest rates may impede the recovery and affect the confidence.
11 October 2022
Residential
Jakarta Condominium Market Overview
With the record low added new supply of condominium units, the cumulative total supply increased only slightly by 0. 9% from the end of 2020 to 225,563 units, representing an additional supply of 3,872 units in the second half of 2021.
16 June 2022
Residential
Jakarta Rental Apartment Market Overview
The total cumulative supply for both serviced and purpose-built rental apartments in the second half of 2021 decreased slightly by 0. 7% (yoy) to 8,919 units with a conversion of one non-serviced apartment into a hotel accommodation. For the serviced rental apartments, 67% of the supply remained i
16 June 2022
Residential
Jakarta Condominium Market Overview
The Jakarta Condominium market continued to experience negative impacts from the pandemic and economic downturn. Sales performance remained stagnant given the weak buying sentiment and looming uncertainty. Surging Delta variant cases in June undermines the market recovery in 2021.
05 September 2021
Residential
Jakarta Rental Apartment Market Overview
The total cumulative supply for both serviced and purpose-built rental apartments in the first half of 2021 remained unchanged at 8,978 units with no additional supply entering the market. For the serviced rental apartments, 67% of the supply were in the CBD area with 63% of such units located in So
05 August 2021
Residential
Indonesia Property Investment Guide
Undertaken jointly with Makes & Partners this guidebook aims to provide a general overview of the Indonesia's real estate practice, legal and regulatory as well as tax structures in the property sector which foreign investors or developers must understand when considering property investment.
01 April 2021
Residential
Jakarta Property Highlights
The Indonesian economy rebounded strongly with GDP growth reaching 6.1% in 2010 as part of the global economic recovery. Market activities in all property sectors showed positive growth on the back of conducive economic conditions and the global economic recovery.
10 September 2012
