Jakarta CBD Office Figures Q1 2026

Executive Summary

• Supply remains constrained, with no new completions during Q1 2026 and only two projects under construction, keeping CBD stock stable at approx. 7.11 million sqm and reflecting continued developer caution and strong supply discipline.​
• Demand shows gradual improvement, driven by flight-to-quality relocations, with around 21,300 sqm of net take-up and a slight rise in occupancy to 76.1%, indicating ongoing market stabilization.​
• Rents continued to edge upward amid a gradual recovery, up by 0.4% q‑o‑q to Rp 171,600 per sqm per month, with Grade A assets outperforming at 0.7% growth. Looking ahead, the outlook is cautiously positive. Limited future supply is expected to support further occupancy gains toward circa 78%, while rents are projected to grow at a steady 2%–3% annually, driven by continued flight-to-quality demand and stronger performance of prime buildings.​