
Jakarta to Add 5,000 New Apartment Units by 2027
Jakarta to Add 5,000 New Apartment Units by 2027Over Half Will Be Ready in 2025, with South Jakarta Leading the Way Jakarta’s apartment market is entering a fresh growth phase. Nearly 5,000 new units are set for completion by 2027. According to Colliers’ Q1 2025 residential property report, developers are shifting away from launching new projects. Instead, they are focusing on completing and selling existing stock. This change aligns with the Indonesian government’s move to extend VAT incentives through the end of 2025. These incentives mainly benefit completed units, making them more attractive to buyers. Developers Shift Focus to Project