Jakarta Retail Figures Q4 2025

Executive Summary

• The market saw only one addition in 2025—K Mall @ Kemayoran—bringing total stock to 3.43 million sqm NLA. Recent completions over the past two years have been concentrated in North and Central Jakarta
• Demand stayed firmly positive in 2025, with net take-up reaching about 30,000 sqm for the year and lifting occupancy to roughly 86%, led by strong performance in
  high-end, upper-grade, and experience-driven malls.
• Jakarta’s retail outlook in 202–62028 points to a gradual strengthening, with three new projects adding circa 76,000 sqm and boosting retailer enquiries—led by F&B and select foreign entrants—supporting an expected rise in occupancy to around 87% by 2028, while further rent recovery will continue yet hinge on sustained sales
  growth and consistent footfall.