Jakarta’s property sector continues to demonstrate stability and growth at the beginning of 2025. According to JLL, activity in the first quarter unveils trends across various real estate segments, suggesting opportunities for investors and developers.
“Developers continue to innovate their concepts to align with market needs post-pandemic. Shopping centers, particularly in strategic locations with favorable public transport access, are undergoing improvements to meet evolving consumer preferences and market trends,” said Yunus Karim, head of research, JLL Indonesia.
Adding to this positive outlook, Panji Aziz, head of tenant representation, JLL Indonesia, observed a shift in tenant preferences. “The office occupancy rate reached 71 percent, driven by a flight to quality. Companies continue to seek better quality buildings and ready-to-use office spaces. The financial services and technology sectors have been quite active in leasing office space earlier this ye
