Friday, 7 June 2013

Low Office Space Supply Problem in Jakarta

The office space rent business has become more and more profitable in Indonesia, especially when the business in Indonesia is growing rapidly like today. This condition is surely good chance to increase the property size, so, the business owner of Office Space for Rent in Jakarta can get more profit. However, the reality is different. It’s the opposite.
The office space that is available today can be said doesn’t grow too much, compare to last year office space supply. In fact, Jakarta is dealing with low supply of office space. There are many reasons why the office space rental business becomes like this. One of them is because, many property owner is too afraid to add more space and develop their building. Meanwhile, the occupancy level is really high. This problem happens because many property owners still hesitate with today’s economic condition. As we all know, although, Indonesia is said capable in surviving and restoring its economic condition after global crisis, the property business in Indonesia is not stable yet.

Although many property owners stop their expanding process, there is Office Space for Rent in Jakarta that keep move on, like in Muara Karang, Pluit and other area in Jakarta. Some of those office building are even available and ready to rent.

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