Jakarta Office Market Outlook Q1 2026

Jakarta’s office market is entering a more stable phase, supported by improving demand and a limited supply pipeline. Occupiers continue to favour premium office space, driven by quality, sustainability, and operational efficiency considerations, while flexible leasing arrangements remain a priority. Leasing activity is expected to be led by the manufacturing, technology, and energy sectors, with relocation and portfolio optimisation continuing to shape market dynamics. As new supply remains constrained, occupancy levels are projected to strengthen gradually, supporting steady rental growth and improving conditions for higher-grade office assets.

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