Jakarta Office Market Report Q2 2026

Jakarta’s office market showed gradual improvement in Q2 2026, with recovery continuing to be supported by relocations, rightsizing and quality upgrades rather than broad-based expansion. Limited new supply and approximately 3 million m² of vacant space continue to provide tenants with a degree of negotiating flexibility. Demand is increasingly focused on efficient, flexible and ready-to-occupy offices with strong transit connectivity and green certification. Premium and Grade A assets continue to perform relatively well, while landlords are adapting through fit-out support and more flexible lease structures to attract occupiers. Overall, the market is expected to continue its gradual recovery through 2026.

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