Jakarta CBD Office Figures Q4 2025

Executive Summary

• With no new completions in 2025 and only two projects in the development pipeline, the Jakarta CBD office market has seen five years of slowed completions as developers adopt a cautious, risk-managed approach amid high vacancies, leaving total stock unchanged at about 7.11 million sqm at year-end.
• Strong relocation activity into better-quality buildings continued to fuel positive leasing momentum in Q4 2025, driving a 71% q-o-q jump in net take-up and lifting full-year absorption to 64,500 sqm, with robust demand from key sectors helping nudge CBD occupancy to 75.8%.
• The CBD market continued its gradual recovery with rents rising 1.6% y-o-y while newer, well-equipped buildings remained best positioned to attract tenants, supporting an optimistic outlook for further rental and occupancy growths in 2026.