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Displaying 1-24 out of 30 results
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Jakarta CBD Office Market Overview H1 2023
Rentals remained under pressure despite stronger demand coming from flight-to-quality and group company consolidation as double-digit supply continued to outpace absorption.
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Jakarta Industrial Market Overview H1 2023
Despite slower sales absorption, asking land prices remained relatively stable. Manufacturing, Automotive-related and Data Center continued to contribute as the major demand drivers of land sales.
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Jakarta Strata Condominium Market Overview H2 2022 H2 2022
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…
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Jakarta Retail Market Overview H2 2022
The retail market rebounded strongly supporting its sales expansion, underpinned by increased footfall and consumer spending. However, the upward trend may still be clouded with concerns of…
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Jakarta Industrial Market Overview H2 2022
Data center, chemicals and electronics continued to perform as the primary drivers of land sales on the back of economic resilience and the lifting of all Covid restrictions.
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Jakarta Rental Apartment Market Overview H2 2022 H2 2022
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.
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Jakarta CBD Office Market Overview H2 2022
The Jakarta office market showed signs of improvement after the Covid-19 restrictions fully lifted and returning to normality. However, rents continued under downward pressure despite recording…
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Jakarta CBD Office Market Overview H1 2022
The improving pandemic situation in early part of 2022 has led employees to gradually return to office, along with the resurgent of market activities. However, excess new supply and double-digit…
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Industrial Market Overview H1 2022
Following the lifting of lockdown measures, pent-up demand has strengthened the industrial land sales volumes in the first half with data center and chemicals industries continuing to emerge as key…
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Jakarta Retail Market Overview H1 2022
Two years after the pandemic emerged, the market recovery continued to gain positive momentum in the first half, leading to increased mall foot traffic and higher spending. After all, potential…
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Jakarta Condominium Market Overview H1 2022
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…
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Jakarta Rental Apartment Market Overview H2 2021
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…
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Jakarta Condominium Market Overview H2 2021
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…
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Jakarta Retail Market Overview H2 2021
Following the re-opening of retail malls and stores after the temporary closures in July to mid-August 2021 due to the Delta-variant cases, the Jakarta retail market managed to recover with increased…
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Jakarta CBD Office Market Overview H2 2021
Office inquiries started to gradually recover in the fourth quarter of 2021 after the peak of second wave in the third quarter, causing mobility and activity restrictions. New speculative projects in…
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Industrial Market Overview H2 2021
With greater optimism and in anticipation of future rising inquiries, the cumulative total supply in the Greater Jakarta area increased by 4. 1% (yoy), recording at 13,711 hectares in the second half…
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Indonesia Industrial Property Investment Guide 2021 2021
Indonesia’s Government has been increasingly robust in its attitude to attract foreign investments over the past decade. The country has been steadily rising in its ease-of-doing-business rankings in…
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Jakarta Condominium Market Overview 1H 2021
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…
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Industrial Market Overview 1H 2021
In the first half of 2021, the cumulative total supply in the Greater Jakarta area increased slightly by 2.65%, posting at 13,422 hectares. Bekasi and Karawang continued to account for the largest…
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Jakarta Retail Market Overview 1H 2021
Increased mall foot traffic and stronger traffic flows to digital platforms helped retailers to regain sales momentum, particularly during the Idul Fitri festive season.
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Jakarta CBD Office Market Overview 1H 2021
A declining office market trend continued in favor of tenants despite the economic rebound of 7.07% (yoy) in the second quarter of 2021. Rising cases since June caused by new Covid-19 variants will…
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Jakarta Rental Apartment Market Overview 1H 2021
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…
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Jakarta Rental Apartment Report 2H 2020
Jakarta Rental Apartment Report.
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Indonesia Property Investment Guide 2021
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…
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