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Retail Space Rental Business Expected to Recover in 2023

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The business of retail space rental is expected to recover throughout 2023, driven by several factors, including the relaxation of mobility restrictions after the...

3 New Malls to Open in Jakarta as Retail Sector Recovers...

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Three new malls or shopping centers in Jakarta are set to open this year, reflecting the recovery of occupancy rates in the retail sector...

The Residential Property Market Is Unstable after the Covid-19 Pandemic

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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...

Jakarta Rental Apartment Occupancy Rate Increased by 2.1% after the PPKM...

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Jakarta Property Highlight recently released a report that indicated a slight 2.1% increase in the occupancy rate of rental apartment in Jakarta during the...

Jakarta Condominium Market Continues to Grow, New Residential Trend?

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During the second half of 2022, there were an additional 6,222 new condominium units in Jakarta. This number does not include the new units...

Dozens of Hotels in Bali Sold Out, Some Worth IDR 9...

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The government's policy of relaxing PPKM regulations has resulted in dozens of hotels in Bali being sold throughout 2022. Most of the hotels sold...

Due to Limited Land, Developers Will Build Malls Outside of Jakarta

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Post-pandemic economic recovery is going well in the capital city of DKI Jakarta. Shopping centers and malls in the capital are getting busier. Some...

BUMN Will Build KAI’s Unused Land as Millennial Generation Residential

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The difficulty of owning a home for the millennial generation has made State-Owned Enterprises (BUMN) plan to utilize the unused land belonging to the...

Indonesian People Are Increasingly Interested in Smart Home

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Smart home that have useful features seem to be increasingly in demand by the people of Indonesia. This is because the advanced features offered...

Owning a House Is Getting More Difficult, Renting Is an Option?

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Indonesian people are predicted to find it increasingly difficult to have their own homes. This is due to an increase in the benchmark interest...

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