Every quarter, Colliers provides research reports that can be downloaded for free. From our research report, you can obtain key market information from demographics, trends, and forecast reports about each different property sector. Here we provide you a research report about the office sector in Jakarta.
Office developers have gone through a challenging time during the last three years, as occupancy continued to drop and is now registered at 83.3% in the CBD and 81.9% outside the CBD. This situation has created a lot of pressure on landlords to reduce asking base rental rates to below IDR300,000/sq m/month in the CBD. Meanwhile there are additional office buildings to be completed before the end of 2017 - twelve new buildings in the CBD totaling 731,164 sq m and nine new buildings totaling 197,609 sq m outside the CBD.
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