Indonesia
Serviced apartments dominate Jakarta’s new hotel supply in 2023
Over 70% of the new rooms to enter the market are from serviced apartments.
Serviced apartments dominate Jakarta’s new hotel supply in 2023
Over 70% of the new rooms to enter the market are from serviced apartments.
Flight-to-quality, competitive rents to dominate Jakarta’s office market in 2024
No new supply is expected for next year.
How did Indonesia’s real estate investment market fare in Q3?
The hotel and retail markets showed promise, office stabilised, and residential remained under pressure.
Jakarta retail occupancy rate rises to 72.8% in Q3
Thanks to the absence of new supply and robust mall visitations.
Jakarta’s retail market now favours landlords as mall activity recovers
Some landlords are evaluating tenancy mixes to optimise all available spaces.
Why 2026 will be a turning point for Jakarta’s office market
The market is only expected to achieve supply and demand balance by then.
Changing dynamics in Jakarta’s strata-title office market revealed
Some buildings have made slight corrections in their asking prices.
Jakarta office supply hits 7.34m sqm as of Q3
Find out which projects are slated to be completed soon.
Why Jakarta’s hotel sector is set to have a lacklustre performance in Q4
The sector won’t recover until Q2 2024.
Jakarta retail supply remains stable at nearly 5m sqm as of Q3
Two new malls will add 85,000sqm by year-end.
Jakarta apartment rents to grow by up to 3% in the next three years
This is due to the upcoming supply of new upscale serviced apartments.
What could drive mall occupancy rates in Jakarta in the near term?
There is a palpable eagerness for retailers to open new stores.
Jakarta apartment take-up rate to remain at 88% in Q4
The apartment market is set to continue its sluggish performance.
Jakarta to see two new apartment projects by year-end
The city currently has a supply of over 225,000 apartment units.
Bali hotel room supply now at nearly 60,000
This is a 0.8% decline from 2019 supply levels.
Here’s a rundown of Jakarta’s hotel market performance
At least five hotels are slated to open by end-2023.
These were the recently completed prime residential projects in Jakarta
There was one new luxury condo and two new serviced apartments.
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Real Estate Asia Awards 2024 opens nominations for exceptional projects, developments
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Co-Written / Partner
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
