Skip to main content Skip to footer

Colliers Quarterly Property Market Report Q1 2022 Jakarta All Sector

Download Report
AllSectorJakarta_Report_1536x1040
Office

Given the signal that the economy is expected to improve, office space enquiries started to increase, despite the level of growth still being modest. However, remaining large vacant spaces on the current market, due to a reduction in occupied space, kept landlords competitive in 2022. We will also see large additional supply completed in 2022. 

Apartment

The multi-family residential market is expected to be flattish over the year given the mixed sentiment in the market. Rising commodity prices due to the recent Russia-Ukraine conflict should bring a positive impact to the Indonesian economy and property market.

Retail

2022 is set to be an interesting year for retail as the sector looks to shake off the challenges of the last two years and is likely to be a year of fast-moving innovation defining future shopping experiences. 

Hotel

The hospitality industry has witnessed a healthy growth in the occupancy rate of hotels since December 2021. The base line of improving conditions has been the government's easing of restrictions and an acceleration in economic activity. In addition, the government has also loosened rules on domestic and foreign travel.


Report_Image_AllSector

Colliers Quarterly Property Market Report Q1 2022 Jakarta All Sector

Download Report
Related Experts

Ferry Salanto

Senior Associate Director

Research

Jakarta

As Head Research Department, Ferry is in charge in providing property market knowledge for internal purposes and for clients. The scope of sectors covered in the quarterly market report comprises office, apartment, retail, hotel and industrial estate.

In regional tasks, the Heads of Research of each country work together in providing regional market reports covering the Asia Pacific region and globally. Currently Research Department is not only operating as a cost-centre department, as he and his team have been assigned by the Central Bank to provide monthly market information.

On the consulting front, the task involves providing a wide range of advisory services to our clients. Working closely with Consulting Department, we help clientsby preparing feasibility studies to determine whether their property projectsare viable from both financial or marketing aspects. 

View expert

Eko Arfianto

Senior Manager

Research

Jakarta

I started working at property business since 2005 when i worked as Site Supervisor at Construction Management company in Jakarta. My responsibilities covered architecture design supervision of high-rise buildings. As an acrhitect, I worked with thousands concepts and ideas and also did cost estimator / quantity surveyor. I also did advisory for interior design works. Then i continued my working experience by joining with Colliers in June 2007 at Research Department. I started from the beginning at this business as Database Administrator. After spending 10 years working at Colliers International Indonesia, my current posistion is Senior Manager at Research Department. 

View expert

Rizal Gobi

Senior Manager

Research

Jakarta

Rizal Gobi serves as the Research Manager, focusing on residential market. Gobi tracks economic, demographic, property related issues, new policies related to property market and apartment and housing data and utilize the information to produce insightful reports on a recurring basis.

He is proficient in aggregating intelligence from a variety of third party resources and also collects tabulates, and distributes primary research. In this role, Gobi works closely with Advisory Services team, Residential Tenant Representation team, and Capital Market & Investment Services team.

He is familiar with Greater Jakarta area (Bekasi, South Tangerang, Depok, Bogor), Surabaya and East Timor property market.

View expert

Nurul Yonasari

Senior Research Executive

Research

Jakarta

Nurul joined in the property industry since 2013. Experienced as property research for five years. Have a special interest in hospitality and tourism industry.

View expert