Jakarta Serviced Apartment Rental Rates - July 2022

Property

Lite

Dzulfiqar Fathur Rahman 25/07/2022 15:50 WIB

URL has been copied

Memuat...

According to Colliers International data, the average service apartment rental rate in Jakarta's central business district in July 2022 reached Rp392,066 per square meter per month.

Apartment Rental Rates in Jakarta, DKI (July 2022)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Jakarta Serviced Apartment Rental Rates - July 2022

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Apartment Rental Rates in Jakarta, DKI (July 2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to Colliers International data, the rental rate for serviced apartments in Jakarta's central business district (CBD) reached Rp392,066 per square meter per month in July 2022.

Meanwhile, the rental rate for serviced apartments outside the CBD in South Jakarta reached Rp368,826 per square meter per month.

Serviced apartments are fully furnished apartments that provide services such as room service, housekeeping, laundry, wireless internet connection, and more.

Colliers International predicts that rental rates for this type of apartment will increase in the coming period, along with the increasing number of expatriates in Jakarta, who are the main target market.

"We are optimistic that the serviced apartment market will continue to recover, as evidenced by the increasing number of expatriates entering Indonesia starting in Q3 2022 and the increasing demand for serviced apartments until the end of the year," explained Colliers International in its Jakarta-Surabaya-Bali Q2 2022 Property Market Conditions report.

"Rental prices are predicted to increase slightly by 1%-3%. The price increase will be limited due to increasing competition with the growing supply. Therefore, we predict that many will offer discounts to maintain occupancy rates," it continued.

According to Colliers International, by 2025, 11 serviced apartment projects will commence operations in DKI Jakarta, with a total additional supply of 1,862 units.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."