# Why Jakarta saw no new serviced apartment projects in Q2

- **Source:** Real Estate Asia
- **Published:** 2026-07-27T22:50:18.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/residential/news/why-jakarta-saw-no-new-serviced-apartment-projects-in-q2
- **Topics:** Private Residential, Investment & Capital Markets, Regional Markets

## Featured rationale

Stable occupancy and expatriate demand supported by long-term projects signal balanced conditions, potentially favouring flexible, higher-quality accommodation without requiring near-term supply expansion.

## AI summary

No new serviced apartment projects were completed in Jakarta during Q2 2026, while operators reconfigured and released existing inventory to match tenant preferences.

## Original article

The lack of new supply has helped maintain a balanced competitive environment.

Jakarta's serviced apartment market is being increasingly shaped by currency movements and corporate mobility rather than financing conditions, creating a distinct demand cycle from the city's strata-title apartment sector, according to Colliers.

In its Q2 2026 market update, Colliers said the depreciation of the Indonesian Rupiah, combined with sustained expatriate inflows linked to long-term investment projects, has strengthened demand for serviced apartments by improving affordability for multinational companies operating with US Dollar-denominated housing budgets.

The consultancy said no new serviced apartment projects were completed during the quarter, with operators instead focusing on optimising existing inventory. Strategies included reconfiguring unit layouts, subdividing larger apartments and releasing previously unavailable stock such as penthouses to better match changing tenant preferences for more flexible accommodation.

Colliers said the lack of new supply has helped maintain a balanced competitive environment, allowing operators to concentrate on improving occupancy, product quality and operational efficiency rather than expanding inventory.

Occupancy remained relatively stable during Q2 despite seasonal fluctuations, supported by expatriates working on long-term energy, industrial and digital infrastructure projects. While the extended holiday period provided a temporary lift to short-term demand, Colliers said long-term corporate leases continued to underpin the market.

According to Colliers, the weaker Rupiah has also enhanced multinational companies' purchasing power, enabling many to secure larger or higher-quality accommodation without increasing their overall housing budgets. The consultancy expects long-term investment projects to continue supporting expatriate demand through the remainder of 2026, with future market performance likely to depend on operators' ability to deliver greater flexibility and service quality.

## Chinese translation

> Translation model: grok

### 雅加达第二季为何没有新服务式公寓项目

雅加达服务式公寓市场正日益由汇率走势与企业人员流动而非融资环境所塑造，形成有别于

缺乏新增供应有助于维持平衡的竞争环境。

据高力国际（Colliers）称，雅加达服务式公寓市场正日益由汇率走势与企业人员流动而非融资环境所塑造，从而形成有别于该市分层公寓板块的独特需求周期。

在2026年第二季市场更新中，Colliers表示，印尼盾贬值叠加与长期投资项目相关的外籍人士持续流入，提升了服务式公寓需求——对以美元计价住房预算运营的跨国企业而言，可负担性有所改善。

该咨询机构称，当季没有新服务式公寓项目完工，运营商转而专注于优化现有库存。策略包括重新配置单位布局、拆分较大公寓，以及释出此前未投放的库存（如顶层公寓），以更好匹配租户对更灵活住宿的偏好变化。

Colliers表示，缺乏新增供应有助于维持平衡的竞争环境，使运营商得以集中精力提升入住率、产品品质与运营效率，而非扩张库存。

尽管存在季节性波动，第二季入住率仍相对稳定，受从事长期能源、工业及数字基础设施项目的外籍人士支撑。虽然延长假期期间短期需求一度提振，但Colliers称，长期企业租约仍是市场的支柱。

据Colliers称，较弱的印尼盾也增强了跨国企业的购买力，使许多公司能够在不增加整体住房预算的情况下租到更大或更高品质的住宿。该机构预计，长期投资项目将在2026年余下时间继续支撑外籍人士需求，未来市场表现很可能取决于运营商能否提供更高的灵活性与服务品质。