ALL SECTOR MARKETBEAT REPORTS
Cushman & Wakefield Marketbeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
CBD OFFICE Q1 2026
One en-bloc transaction of Pacific Century Place (PCP) Tower (93,300 sqm) in SCBD superblock was confirmed done in the first quarter 2026 with total transaction value of about US$400 million.
JAKARTA RETAIL Q1 2026
The average base rent reached Rp837,400 per sqm per month, reflecting a growth of 1.3% YoY and 0.3% QoQ. Meanwhile, the average service charge remained unchanged from that of the previous quarter, standing at Rp199,700 per sqm per month, whilst recording a YoY change of 0.9%.
GREATER JAKARTA RETAIL Q4 2025
Looking ahead, the market is expected to welcome three new shopping mall developments within the next 12 months: Summarecon Mall Bekasi Phase 2, the extension of Grand Metropolitan Mall Bekasi, and Jewel Garden PIK 2.
CONDOMINIUM Q1 2026
At the beginning of 2026, Greater Jakarta’s condominium market saw modest new supply. Several other projects originally targeted for completion in the first quarter of 2026 have been placed on hold, continuing the ongoing delays in the development pipeline.
RENTAL APARTMENT Q1 2026
During the review quarter, serviced apartments recorded a slight improvement in occupancy rates (+0.4% QoQ % or -1.4% YoY), due to the increase of short-term demand during the Eid holiday period.
GREATER JAKARTA RETAIL Q4 2025
Looking ahead, the market is expected to welcome three new shopping mall developments within the next 12 months: Summarecon Mall Bekasi Phase 2, the extension of Grand Metropolitan Mall Bekasi, and Jewel Garden PIK 2.
INDUSTRIAL Q1 2026
The warehouse market continued to exhibit strong performance, supported by notable increases in occupancy levels, which reached a new record high of 92.6%, with Jakarta recorded the highest occupancy rate within the Greater Jakarta area.
HOTEL H2 2025
Hotel operators are focusing on market diversification, product and service innovation which previously focused on guests from government institutions and state-owned enterprises are now enhancing their services and products to attract guests from private companies, professional associations, communities, and political parties.
LANDED RESIDENTIAL H2 2025
While the current regulation officially extends the 100% VAT subsidy for residential properties until 2026, the government has signaled plans to continue the subsidy through December 2027, covering landed houses priced up to IDR 5 billion with a subsidy cap of IDR 2 billion.