Jakarta Property Market Review 2Q 2021
Some real estate sectors have proven to be resilient in the face of the pandemic.
Most companies are still reviewing their real estate strategies and adopting a wait-and-see approach to current conditions.
Demand for logistics space remains robust, with e-commerce and 3PLs as the main drivers. Data centre developments also emerge since the sector is attractive for both local and international players.
Local and foreign investors are still active in some sectors, such as logistics, data centres, and residential, especially landed houses.
We hope you enjoy this quarter’s JPMR.