ALL SECTOR MARKETBEAT REPORTS
Cushman & Wakefield Marketbeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
CBD OFFICE Q2 2026
The positive net take-up of 26,000 sqm was recorded during the second quarter of 2026 up to 45,500 sqm. A significant portion of this take-up was still contributed by Grade A offices. In contrast, Grade C office buildings recorded negative net absorption of approximately 13,000 sqm, primarily due to tenants relocating to Grade A office buildings that offer higher-quality space.
JAKARTA RETAIL Q2 2026
By the end of 2026, approximately 61,800 sqm of retail space currently under development is expected to enter the market. Over the medium term, the retail market is expected to expand further with the completion of an additional retail development, contributing approximately 20,000 sqm of retail space.
GREATER JAKARTA RETAIL H1 2026
Retail demand in Bodetabek increased by 2.3% HoH, bringing total occupied retail space to approximately 2,477,700 sqm, while the average occupancy rate improved to 77.1% (+0.7% YoY). The increase in occupancy despite the addition of new supply reflects healthy leasing performance at newly completed shopping centres.
CONDOMINIUM Q2 2026
Despite continued economic challenges, market demand remained relatively resilient, with buyers becoming more selective and prioritising projects offering competitive pricing and attractive promotional programmes.
RENTAL APARTMENT Q2 2026
Condo -for-lease segment registered the strongest growth, with average rents rising by +2.1% QoQ and +1.9% YoY. Overall, operators and landlords maintained rental rates at existing levels to support occupancy retention.
INDUSTRIAL Q2 2026
Sales continued to be driven by the data centre and local manufacturing sectors, while demand is expected to remain stable, supported by these key industries. The sales rate is projected to reach 64.4% by year-end. In the second quarter of 2026, the warehouse occupancy rate stood at 91.85%.
HOTEL H1 2026
The total cumulative supply of hotel rooms, ranging from midscale to luxury, reached 43,749 by the end of the first half of 2026, distributed as follows: 3-star hotels (27%), 4-star hotels (41%), 5-star hotels (21%), and the luxury category (11%).
LANDED RESIDENTIAL H1 2026
New warehouse supply remained concentrated in Bekasi, followed by Karawang and Jakarta. By the end of the year, the market is expected to add approximately 114,000 sq m of new warehouse space.
