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December 17, 2025 | 09:37 pm
TEMPO.CO, Jakarta - The wide accelerated transit (MRT) corridor is serving a strategical relation successful the spot marketplace roar successful Jakarta this year, according to Cushman & Wakefield Indonesia. This is the effect of implementing the Transit Oriented Development (TOD) conception on the MRT line, the existent property work steadfast said.
Director of Strategic Consulting astatine Cushman & Wakefield Indonesia, Arief Rahardjo, said the TOD conception doesn't conscionable bolster connectivity, but besides strengthens the propulsion of cross-sector investments.
"The MRT corridor is the main catalyst for the improvement of integrated areas. The interaction is felt straight done the accrued request for bureau space, retail, housing, and different supporting sectors," said Arief during a virtual property league connected Wednesday, December 17, 2025.
According to him, the TOD conception besides affects wide proscription integration and metropolis planning, arsenic seen from the robust maturation of Jakarta's spot market.
In the bureau sector, Arief mentioned that the Jakarta CBD marketplace recorded a nett absorption of 105,000 quadrate meters passim 2025, dominated by Grade A buildings. The occupancy complaint surged to 76.7 percent and is projected to emergence to 78.8 percent successful 2026, arsenic nary caller proviso is expected until 2027.
The mean basal rental terms is recorded astatine Rp173,900 per quadrate metre per month, increasing by 3 percent y-o-y and expected to summation by 4 percent successful 2026. According to Arief, bureau buildings located on the MRT enactment amusement stronger show compared to non-MRT locations.
"Direct entree to the MRT has been proven to amended occupancy. We spot that the Thamrin-Kota Tua corridor volition go the adjacent improvement hotspot," helium said.
In the retail sector, Cushman & Wakefield noted that the Jakarta marketplace continues to show resilience with an occupancy complaint of 77.2 percent contempt the continuous influx of caller supply. In 2026, an further 61,000 quadrate meters of retail abstraction is expected to beryllium added, particularly extracurricular the CBD area.
Arief said the request for retail is driven by the enlargement of planetary brands and F&B, specified arsenic 88SEOUL and Beauty successful the Pot, arsenic good arsenic luxury manner brands Hermes, Loewe, and Jimmy Choo. Retail areas on MRT Phases 1 and 2 are the superior maturation hub with a comparatively unchangeable basal rental terms astatine Rp834,900 per quadrate metre per month.
For the condominium segment, it is projected that astir 11,300 units volition beryllium added successful 2026, with the largest attraction successful Tangerang and Bekasi. Arief mentioned that affordability and absorption level are expected to stay beardown astatine 94 percent acknowledgment to the extended DTP VAT incentives until 2027.
Meanwhile, landed lodging besides showcased resilience. Land prices roseate by astir 3 percent to Rp13.2 cardinal per quadrate meter, supported by township improvement and toll roadworthy access.
"Housing projects connected to the MRT, LRT, and KRL recorded amended income show compared to different locations," helium said.
As for the rental flat and serviced flat market, it continues the post-pandemic betterment inclination with ever-growing occupancy rates. Arief said constricted rental terms adjustments are expected.
Arief reckoned that the synergy betwixt wide proscription improvement and municipality readying would beryllium cardinal to maintaining the aboriginal resilience of the spot market.
"With the enactment of infrastructure and due policies, the MRT corridor volition proceed to signifier Jakarta arsenic a much livable, inclusive, and highly competitory city," helium said.
Read: Bali Inks Deal with Jakarta for MRT Development
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