# Two-speed Jakarta office market forecast to extend into 2027

- **Source:** Real Estate Asia
- **Published:** 2026-10-26T00:00:00.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-office/news/two-speed-jakarta-office-market-forecast-extend-2027
- **Topics:** Commercial & Industrial, Regional Markets

## Featured rationale

Selective tenant expansion signals improving demand, potentially restoring pricing power for well-occupied Premium offices while preserving upgrade and lease-negotiation opportunities elsewhere.

## AI summary

Jakarta’s office recovery is expected to remain two-speed into 2027, with supply-constrained Premium buildings strengthening while higher-vacancy properties continue competing on value.

## Original article

The market’s recovery in 2027 hinges on broader tenant expansion.

Jakarta's office market is expected to improve gradually into 2027, but a sustained recovery will depend on whether selective business expansion translates into broader occupancy growth, according to Colliers.

The property consultancy said the market is moving beyond rightsizing towards selective expansion, although the shift remains at an early stage and is uneven across buildings. Energy and technology companies could provide additional demand, but some requirements, particularly oil and gas projects still at the tender or exploration stage, may take time to convert into signed leases.

Colliers expects Jakarta's office market to remain divided between high-performing Premium buildings and properties facing higher vacancy. Well-occupied, high-quality offices are increasingly regaining pricing power, while the wider market remains competitive.

For occupiers, the consultancy said the coming months could present opportunities to relocate, upgrade office space or renegotiate lease terms before tighter conditions extend beyond the best-performing assets.

For landlords, the focus is shifting from filling vacant space to delivering a more compelling workplace proposition. Colliers highlighted building quality, accessibility, environmental, social and governance (ESG) credentials, amenities, fitted or furnished options and flexible lease structures as increasingly important factors in attracting tenants.

The consultancy added that buildings offering operational readiness and lower overall occupancy costs could hold an advantage, even if they do not have the lowest headline rents. Reducing the cost and complexity of relocation will be important in securing tenants.

Colliers said the key indicator to watch in 2027 will be the composition of leasing demand, rather than transaction volumes alone. If expansion spreads across more sectors, Jakarta could move from a relocation-led recovery towards sustained net absorption and genuine occupancy growth.

Until then, the market is likely to remain a two-speed recovery, with supply-constrained Premium buildings strengthening first while higher-vacancy properties continue to compete on value.

## Chinese translation

> Translation model: grok_cli

### 雅加达双速办公楼市场预计延续至2027年

雅加达办公楼市场预计将逐步改善并延续至2027年，但持续复苏将取决于选择性的业务扩张能否转化为

2027年市场复苏取决于更广泛的租户扩张。

据高力国际（Colliers）称，雅加达办公楼市场预计将逐步改善并延续至2027年，但持续复苏将取决于选择性的业务扩张能否转化为更广泛的入住率增长。

该房地产咨询公司表示，市场正从规模合理化调整（rightsizing）转向选择性扩张，不过这一转变仍处于早期阶段，且在不同楼宇之间并不均衡。能源和科技公司可能带来额外需求，但部分需求，尤其是仍处于招标或勘探阶段的石油和天然气项目，可能需要时间才能转化为已签署的租约。

高力国际预计，雅加达办公楼市场仍将分化为表现强劲的Premium楼宇与面临较高空置率的物业。入住率高的高品质办公楼正日益重获定价权，而更广泛的市场仍然竞争激烈。

对占用方而言，该咨询公司表示，未来数月可能出现搬迁、升级办公空间或重新谈判租约条款的机会，赶在更紧张的状况从表现最佳的资产向外蔓延之前。

对业主而言，重点正从填补空置面积转向提供更有吸引力的工作场所方案。高力国际强调，楼宇品质、可达性、环境、社会及治理（ESG）资质、配套设施、已装修或带家具方案以及灵活租约结构，正成为吸引租户日益重要的因素。

该咨询公司补充称，能够提供运营就绪状态且整体占用成本较低的楼宇可能具有优势，即便其标价租金并非最低。降低搬迁的成本与复杂程度，对争取租户将十分重要。

高力国际表示，2027年需要关注的关键指标将是租赁需求的构成，而非仅仅是交易量。如果扩张扩散到更多行业，雅加达可能从由搬迁带动的复苏，转向持续的净吸纳和真正的入住率增长。

在此之前，市场很可能仍将维持双速复苏：供应受限的Premium楼宇率先走强，而空置率较高的物业继续以价值竞争。