Skip to main content Skip to footer

Colliers Quarterly Property Market Report Q1 2022 Jakarta Office

Download Report
OfficeJakarta_Report_1536x1040_01

Market upturn is underway, but situation remains challenging

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.

On the other side, landlords must continue striving to maintain building occupancy and become more accommodative of tenants. Tenants are in a position to maximize the benefits of the current market. Opportunities to relocate and lock in lease terms with competitive rental packages are still widely available.



Report_Image_Office

Colliers Quarterly Property Market Report Q1 2022 Jakarta Office

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