Forecasted supply of new rental apartments in Jakarta, Indonesia H2 2024-2028
The forecasted supply of new rental apartments in the second half of 2024 amounted to about 428 units. It was projected that there would be around 204 new rental apartment units in 2028. Jakarta is Indonesia's capital city and financial center, many Jakartans prefer to live in an apartment as there are more affordable options for this compared to residential homes.