Jakarta Non-CBD Office Figures Q1 2026

Executive Summary

• Limited new supply and emerging submarkets shape growth, as ADR Office Tower completed in Pantai Indah Kapuk, bringing total stock to approx. 3.41 million sqm and strengthening North Jakarta as a rising office hub.
• Leasing enquiry improving with new tenant entry, recording around 22,800 sqm of quarterly net take-up, although overall occupancy dipped slightly to 72.9% due to new supply entering the market.​
• Rents continue gradual increase with positive outlook, rising around 0.5% q-o-q to approx. Rp 112,700/sqm/mth, with future gains supported by limited pipeline, projected occupancy improvement to around 76%, and intensifying competition from new buildings in West and North Jakarta alongside South Jakarta.​