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Property Market Report | Q4 2019 Jakarta Industrial Estate

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Warehouse Industrial 1536x1040

The industrial market has made a fundamental stance this year after a sluggish period. Sales volume may just be fair in number, but it was quite impressive over the last five years. Total sales from industrial transactions in 2019 reached 353.64 hectares or almost 90% higher than that in 2018. 

Logistics still continue to support the overall industrial market. There have been quite a few transactions from logistics and the warehouse sector, but smaller in the total volume since we had a huge chunk of industries (textile and petrochemical) that helped lift the overall performance. Interestingly, automotive-related industries became quite active in the year, whilst the food industry seemed positive and consistent for the last few years and most likely the years ahead. 



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Property Market Report | Q4 2019 Jakarta Industrial Estate

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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. 

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