INSIGHT

INSIGHT

The latest market insight about all property market sectors, including office building, retail, and industrial space

Jakarta Property Market Insight Q2 2021

Despite the vaccination, as the pandemic case tends to increase by end of this quarter, there is the possibility that government would impose another restriction, especially on the red zone like Jakarta. Shall such restriction take place, business activities would undergo further slowdown that could trigger the government to revise their economic growth target to below 4.0% for 2021

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Jakarta Property Market Insight Q1 2020

The “X-Factor” that Brings Down the Jakarta Property Market

The COVID-19 pandemic has led to panic and potential recession. Numerous business sectors start to get affected as well as property sector.

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Jakarta Property Market Insight Q3 2020

Further Restriction, Further “Delay” of Business Operational Improvement.

During the implementation of “New Normal” in the previous quarter, business activities contracted as operations resumed. However, surging case of Covid-19 in Q3 2020 urged Jakarta Governor to impose further restriction to 25% of capacity in September, bringing business to further decelerate.
 

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