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Jones-Lang-LaSalle

Investors remain bullish on Jakarta property despite future capital
Economy 1 year ago

PREMIUM
Investors remain bullish on Jakarta property despite future capital

The real estate market within Jakarta and its periphery area had remained robust as it is mainly driven by commercial considerations rather than external influences, such as Nusantara.
Tax incentive boosts sales of houses, apartments
Markets 2 years ago

PREMIUM
Tax incentive boosts sales of houses, apartments

A recently extended value-added tax (VAT) incentive is credited with stoking demand for landed properties, according to real estate agencies.
Greater Jakarta housing market resilient, but retail property down in 2020: JLL
Business 5 years ago

PREMIUM
Greater Jakarta housing market resilient, but retail property down in 2020: JLL

The last year saw the Greater Jakarta real estate market showing strong residential sales, but the retail property market suffered from the economic slump due to the COVID-19 health emerency, with market saturation forecast for 2021.
Demand for retail space in Jakarta shrinks in Q3 as PSBB hits small retailers
Business 5 years ago

Demand for retail space in Jakarta shrinks in Q3 as PSBB hits small retailers

From the 2.9 million square meters in existing retail space in Jakarta, net absorption shrank 13,400 sqm between July and September this year, JLL data show. In comparison, there was 300 sqm in new demand in the second quarter this year.
Jakarta office market resilient during new normal
Business 5 years ago

Jakarta office market resilient during new normal

The office market in Jakarta has remained resilient due to the flexibility of landlords and tenants during the health crisis, despite the growing trend of working from home, property consulting firm Knight Frank has stated.
‘We are dying’: No new shopping center openings, leasing grinds to halt
Business 5 years ago

‘We are dying’: No new shopping center openings, leasing grinds to halt

Data compiled by the Indonesian Shopping Center Association (APPBI) show that 190 shopping malls across the country temporarily closed.
Demand for office space expected to bounce back after pandemic: JLL
Business 5 years ago

Demand for office space expected to bounce back after pandemic: JLL

The current health crisis might even lead to expansions in office space, as companies try to accommodate needs for physical distancing among their employees in the post-pandemic era, the firm stated.
Education, food outlets rule Jakarta malls as department stores give way
Business 6 years ago

Education, food outlets rule Jakarta malls as department stores give way

Education institutions, food and beverage outlets and fast fashion retailers are gradually replacing department stores at Jakarta shopping malls.
Elections, trade war create tougher conditions for property sector this year
Business 6 years ago

PREMIUM
Elections, trade war create tougher conditions for property sector this year

Colliers’ data showed the apartment occupancy rate fell to 85 percent in the third quarter of this year from 87 percent in the second quarter.
Jakarta likely to see tourist influx in 2027, study says
News 6 years ago

Jakarta likely to see tourist influx in 2027, study says

Jakarta is among so-called emerging performing cities to see an influx of tourists in coming years, a study shows. 
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