Jakarta Non-CBD Office Figures Q2 2026

Jakarta’s Non-CBD office market showed gradual strengthening in Q2 2026, supported by constrained supply and improving demand. Total stock remained stable at approximately 3.4 million sqm, with no new completions during the quarter, while net absorption reached 12,900 sqm. Occupancy improved from 72.9% to 73.3%, driven mainly by new office set-ups, particularly in the education sector. Average rents increased 0.2% q-o-q to Rp112,900 per sqm per month. Looking ahead, limited new supply is expected to support further occupancy gains and steady rental growth through 2028.

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