# Greater Jakarta to see around 115,000sqm of new retail supply next year

- **Source:** Real Estate Asia
- **Published:** 2026-06-30T00:58:15.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-retail/news/greater-jakarta-see-around-115000sqm-new-retail-supply-next-year
- **Topics:** Commercial & Industrial, Government & Policy, Regional Markets

## Featured rationale

The incoming supply could intensify competition as consumers become more value-conscious, potentially widening the occupancy gap between resilient premium malls and lower-tier centres.

## AI summary

Savills expects Greater Jakarta to receive around 115,000 square metres of new retail supply by 2027, largely concentrated in Tangerang.

## Original article

Premium malls are expected to remain relatively resilient.

Jakarta's retail market continued to expand in the first quarter of 2026 with the completion of Pondok Indah Mall 5, adding around 10,000 square metres of retail space and increasing the city's total retail stock to 3.51 million square metres, according to Savills.

Savills said the open-air retail concept, centred on food and beverage and community experiences, reflects developers' growing preference for lifestyle-focused retail formats.

Retail occupancy eased by 0.3 percentage points quarter-on-quarter to 86.6%, mainly due to selective store closures and tenant relocations. However, demand remained resilient, supported by the arrival of international brands including Hikiniku to Come, The Matcha Tokyo, Encik Tan, Tempura Yamaya, Yonny, Hollister and the return of TOD's, while existing retailers such as Watsons, Mr.DIY, OhSome!, Frank & co. and The Palace continued to expand.

Savills said resilient consumer spending on affordable discretionary purchases continues to support leasing demand, while the expected return of KKV highlights the appeal of accessible lifestyle retail concepts.

Looking ahead, Savills expects around 115,000 square metres of new retail supply by 2027, largely in Tangerang. Premium malls are forecast to remain relatively resilient, while mid- and lower-tier centres may face declining occupancy as inflation and weaker purchasing power encourage more value-conscious consumer behaviour.

## Chinese translation

> Translation model: grok

### 大雅加达明年预计新增约11.5万平方米零售供应

2026年第一季度雅加达零售市场持续扩张，Pondok Indah Mall 5落成，新增约1万平方米零售面积。

高端商场预计将保持相对韧性。

据第一太平戴维斯（Savills），2026年第一季度雅加达零售市场持续扩张，Pondok Indah Mall 5落成，新增约1万平方米零售面积，使该市零售存量增至351万平方米。

第一太平戴维斯表示，以餐饮与社区体验为中心的开放式零售概念，反映发展商日益偏好生活方式导向的零售业态。

零售出租率环比回落0.3个百分点至86.6%，主因部分门店选择性关闭与租户搬迁。不过需求保持韧性，国际品牌包括Hikiniku to Come、The Matcha Tokyo、Encik Tan、Tempura Yamaya、Yonny、Hollister，以及TOD's回归等新进驻；Watsons、Mr.DIY、OhSome!、Frank & co.与The Palace等现有零售商亦持续扩张。

第一太平戴维斯称，消费者在可负担的可选消费上支出韧性，继续支撑租赁需求；KKV预期回归，也突显亲民生活方式零售概念的吸引力。

展望未来，第一太平戴维斯预计到2027年将有约11.5万平方米新增零售供应，主要集中在坦格朗（Tangerang）。高端商场预计保持相对韧性；而中端与低端商场或面临出租率下滑，因通胀与购买力走弱促使消费者更注重性价比。