The Property Sector Plays a Significant Role in Reducing Poverty in...
The absorption of employment opportunities in the property sector is said to have a significant role in preventing poverty in Indonesia. According to a...
Office Occupancy in Jakarta’s CBD Experiences a Slight Decline in Q1...
The occupancy rate of offices, particularly in the central business district (CBD), has experienced a slight decline in the first quarter of 2023. This...
Oversupply of Office Space in Jakarta Expected Until 2025
The post-pandemic economic recovery has resulted in an oversupply of office space, exacerbated by an increase in demand. As a result, property managers have...
Consumer Sentiment Study Shows Decline in Indonesia’s Property Market
Indonesian consumer sentiment towards the national property market is experiencing a decline due to the instability of the global economy which is beginning to...
Jakarta Attracting Ultra High Net Worth Individuals for Luxury Property Investments
Jakarta and its surrounding areas have become a popular destination for affluent foreigners, particularly those from South Korea and Australia, who are seeking to...
Retail Space Rental Business Expected to Recover in 2023
The business of retail space rental is expected to recover throughout 2023, driven by several factors, including the relaxation of mobility restrictions after the...
Hybrid Work Model Spurs Growth of Flexible Workspace Solutions
The pandemic has forced companies to make adjustments, particularly in the way they work, where employees are now getting used to working remotely. Hybrid...
3 New Malls to Open in Jakarta as Retail Sector Recovers...
Three new malls or shopping centers in Jakarta are set to open this year, reflecting the recovery of occupancy rates in the retail sector...
Sudirman Corridor is the Preferred Choice for Both Domestic and International...
The office space market in the Central Business District (CBD) of Jakarta remains stable, with the Sudirman corridor holding the most demand. This is...
The Residential Property Market Is Unstable after the Covid-19 Pandemic
The residential property market is still not stable post-pandemic, as evidenced by the national demand index falling 40.4% quarterly in Q4 2022.
The decline in...
