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 2025
Leasing transactions remained active, but at relatively slower pace during the first quarter of 2025. Inquiries remained to come mostly from tenants who are planning and seeking options for relocation.
JAKARTA RETAIL Q1 2025
A slight decline of occupancy rate by 2.6% YoY to 77.1% due to the re-entry of newly completed supply into the market. Both the average base rent and service charge increased by 2.3% and 1.1% YoY respectively.
CONDOMINIUM Q1 2025
The market experienced slight growth this quarter, with prices rising 3.3% YoY and 0.2% from the previous quarter, reaching Rp 50,100,000 per sqm. Secondary areas recorded the highest growth, with a 4.9% increase to Rp 36,500,000 per sqm.
RENTAL APARTMENT Q1 2025
With older properties struggling to keep-up with the overall competition from the rental apartment market, the occupancy rate for the Serviced Apartment sub-sector was down -1.2% QoQ.
INDUSTRIAL Q1 2025
As land availability in the Bekasi and Karawang areas becomes scarce, future industrial land supply is expected to shift further east of these established industrial corridor.
