In 2023 the Jakarta Office Leasing Market achieved positive absorption for the first time since 2020 and the absence of new office supply in the CBD until 2027 has brought us to forecast the stabilization of vacancy rates at 30%. Landlords with buildings that boast higher occupancy levels are displaying increased confidence in their rental expectations however landlords are still competing for new business allowing attractive rental prices in alternative buildings to still be achievable. Consequently, the market remains advantageous for tenants and offers opportunities for cost savings through relocation, significant upgrade in building quality and more cost-effective lease renewals. Have a read of our Q4 Jakarta Property Market Review and get in touch with me to discuss your 2024 Jakarta Real Estate Strategy.
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[NEWS] Jakarta to get 700+ new serviced apartments by end of 2025 New research from Colliers predicts that four upcoming projects will take Jakarta’s serviced apartment inventory to 7,793 by the end of 2025. There were no new serviced apartments entering the market in Q2 2024, keeping the total supply of serviced apartments in Jakarta steady at 7,074 units. Read the full article here> https://lnkd.in/d9iPDeJA Reading Time: < 1 minute #indoneisa #apartments #inventory #market #supply
Jakarta to get 700+ new serviced apartments by end of 2025
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IABC Member Colliers Indonesia presents its Q1 2024 Colliers Quarterly Property Market Reports. This detailed report provides an overview of the performance of office, apartment, and retail properties in Jakarta, as well as the hotel sectors in Jakarta and Bali during the first quarter of 2024. Download full article here https://bit.ly/3Q9uaAP #IABCmembers #Colliers #Property
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Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #skyscraper #KualaLumpur #highestofficerent
Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur | Modern Business India
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Office demand has shown significant improvement since 2023. Rental rates remain competitive, compelling landlords to offer appealing packages to attract more tenants, particularly for new buildings. However, rents are expected to grow by about 3% per year from 2024 to 2026 in Jakarta. To read the full article, click this link: https://ow.ly/OehR50Rm2pr To discuss more about office market in Indonesia, please reach out to our #experts, Colliers// Bagus Adikusumo and Ferry Salanto. Find out more about Colliers Indonesia reports, insights, and recommendations, by clicking this link: https://ow.ly/C8ej50Rm2qh #ColliersIndonesia #NewsArticle
Mulai Tahun Ini, Tarif Sewa Gedung Kantor di Jakarta Naik 3 Persen
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Finding the ideal home in South Jakarta, a dynamic and glamorous metropolitan area, can be an adventure. For those who are not ready to make a long-term commitment, have high mobility, or want to try living in various locations, it is better to rent property in Jakarta rather than buy. Renting offers flexibility and convenience, allowing you to easily move residences as needed. Additionally, you don't have to worry about the costs of property maintenance and upkeep. If you're seeking to rent an apartment or house there, it's crucial to consider several key factors before making a decision. Read more here https://lnkd.in/gEp548zz
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25,000 ➕ Followers | 30 Yrs Experience | Journalist | Consultant | Global Editor | CEO | Advocate of Sustainability | Growth Strategist | PR Expert | Marketer | Speaker | Global Business Expert | Start-up Advisor
Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #skyscraper #KualaLumpur #highestofficerent
Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur | Modern Business India
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Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #skyscraper #KualaLumpur #highestofficerent
Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur | Modern Business India
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According to the Prime International Residential Index (PIRI) of the latest edition of The Wealth Report, luxury residential prices worldwide increased by 3.1%. This positive trend was observed in 80 out of 100 cities, and Asia-Pacific stood out as the region with the highest growth performance, reaching 3.8%. Within the same index, Indonesia's premium residential market demonstrated stability with a growth of approximately 0.6%. The residential property market in Jakarta, particularly the condominium segment, was predominantly driven by the middle-segment sector. Despite ongoing economic uncertainties, this trend persisted, with the Indonesian government implementing incentives to stimulate the condominium market. The average price of high-end apartment units was reported at IDR 57.7 million per square meter. This means that with US$1 million, one could acquire a luxurious apartment unit with approximately 276 square meters of floor area in Jakarta. Discover the latest trends shaping Jakarta's premium residential landscape. Read: https://okt.to/iZAfPh. #APACWealth #Indonesia
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6) Strategic land for sale in the international business area in Mega Kuningan, South Jakarta, for sale at a price below the government base, NJOP 2020 price of 90 million per square meter, for sale at a price of 72 million rupiah per square meter and much cheaper, property market prices in Indonesia, Location in one area with Ritz Carlton Hotel, JW Marriott, Oakwood, Office Buildings, Culinary Centers, Apartments, Ambassadors' Offices from Various Countries etc., 1. Land area 14,000 m2 2. Face Width +/- 170m and +/- 64m, Legality of SHM Letter and held, Hook Position with Two Widths of Road Facing, Side of 2 Lane Active Highway, Only 10 minutes to Inner City Toll Road, 2.5% Commission Payment Mechanism: Letter of Interest/SPH-Meeting-Survey Location-Degree Data 7) Prices below the government base or NJOP are below 50%, and much cheaper than property market prices in Indonesia. Location: Empty Land.. Side of Jalan Besar, Jalan Raya Parung - Ciputat, Depok/South Tangerang, Location: 2 minutes to Pamulang Toll Gate, 2 minutes to Kemendikbudristek, 2 minutes Pamulang Family partner hospital, 2 minutes The Park Sawangan, 2 minutes gas station Land Area: 9,260 Building area : - Access: Container, Car Legality: SHM NJOP: 75 Billion Rupiah Open price: 64 billion Rupiah Appraisal: 52 Billion Rupiah Quick Sale: 41 Billion Rupiah 8)Quick Sale, Cosmetics Factory + House Location Bogor, West Java Specification: Land area 1200 m² House area 500 m² Cosmetics factory 300 m², CPKB Goal A, all permits complete, 4 available (including baby supplies), spacious office Parking can accommodate 20 cars, Opening price 4.8 billion Rupiah negotiable, Reason for selling is retirement. 9) Tebet office house for sale, South Jakarta Number of bedrooms = 4 Number of bathrooms = 3 Land area = 550 M² Building area = 450 M² Facing = north, Number of maid's rooms = 2, Floor = ceramic, Garage = fits 2 cars Carport = 6 cars, Electric power = 23,000 Price 12.5 Billion Rupiah, out fee 2.5% 10) For sale cheap, house in Jakarta's elite area, Jl. Prapanca Raya near Darmawangsa, Jakarta - South The house can be used as a shophouse Land area: 282 meters Building area: 230 meters Certificate: SHGB, lease condition for 2 years until 2025. Owner wants to sell at price: 14 billion Rupiah, negotiable until finished. 11) SELL Hotel Bimo (MELATI) West Jakarta. Building in 2002 Land area: 574, Letter SHM, Length 35, Width 16, Building area: 2,000 Electricity: 66,000 watts, AC: 47, Facing: West Bedrooms: 46, Bathrooms: 47 Number of floors: 3 1/2, Full Furnished Facilities: Employee Mess, Mini bar, Resto/cafe, ATM gallery, Parking, etc. Very suitable for: Hotel, boarding house, Showroom, Office, etc., 5 minutes to: Textile Museum, Djarum central office, Melawai office, hospital Pelni, Tanah Abang Station, PRICE 37 Billion Rupiah
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According to the Prime International Residential Index (PIRI) of the latest edition of The Wealth Report, luxury residential prices worldwide increased by 3.1%. This positive trend was observed in 80 out of 100 cities, and Asia-Pacific stood out as the region with the highest growth performance, reaching 3.8%. Within the same index, Indonesia's premium residential market demonstrated stability with a growth of approximately 0.6%. The residential property market in Jakarta, particularly the condominium segment, was predominantly driven by the middle-segment sector. Despite ongoing economic uncertainties, this trend persisted, with the Indonesian government implementing incentives to stimulate the condominium market. The average price of high-end apartment units was reported at IDR 57.7 million per square meter. This means that with US$1 million, one could acquire a luxurious apartment unit with approximately 276 square meters of floor area in Jakarta. Discover the latest trends shaping Jakarta's premium residential landscape via this article: https://okt.to/7iU3LA. Tagar#APACWealth Tagar#Indonesia
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