Resilient Sectors in Greater Jakarta Amid the Pandemic
Forbes Indonesia|November 2021
The pandemic has resulted in a challenging period for much of the Greater Jakarta real estate market.
James Allan

Large-scale social restrictions led to a relatively weak net absorption of available office space and also impacted shopping mall traffic. Meanwhile, condominium demand has slowed down as the investor-buyers it mainly relies upon have remained extremely cautious due to the current uncertainty generally.

Nevertheless, some sectors have proven to be resilient amid the pandemic − specifically, modern logistics warehouses and landed residential property.

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