essential in Jakarta's
real estate market
The built environment plays a critical role in the fight against climate change. Sustainable buildings are expected to be more efficient and generate better returns in the long term.
In Jakarta CBD Area, around 50% of Grade A and Premium Commercial Offices are already green-certified, with growing interest in other sectors including Data Centers, Hotels, Logistics and Industrial.
Occupier demand is expected to grow initiated dominantly by MNCs. Hence, non-sustainable buildings will be less attractive as legislation comes forward.
Retrofitting old, less sustainable buildings will be vital for meeting market demand and can secure a building from a value discount due to future obsolescence. Besides, occupiers are also driving the push to create a healthy and productive work environment for the employees.
In other words, sustainability used to be considered nice to have, but now it is the only way forward for everyone.