What's a typical lease term in Jakarta?

3 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

How is rent quoted in Jakarta?

In IDR/sqft/year. We also publish a USD-normalised view ($24/sqft/yr) for cross-market comparison.

Net leases.

Typical lease length: 3 years.
Typical rent-free: 6 months.
Vacancy: 31.4%; trend softening.
Net leases.

Jakarta office lease norms

Net leases.

TL;DR

Typical lease length: 3 years.
Typical rent-free: 6 months.
Vacancy: 31.4%; trend softening.
Net leases.

Structure

Net leases. 3-year terms with renewal options standard (HGU/HGB land tenure considerations apply). Free rent of 4-9 months on a 3-year deal.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

Key facts

city	Jakarta
country	Indonesia
region	APAC
classARentLocal	380000 IDR/sqft/yr
classARentUsd	$24/sqft/yr
vacancy	31.4%
typicalLeaseYears	3
typicalRentFreeMonths	6
submarkets	5
primeYieldPct	6.8%

Frequently asked questions

What's a typical lease term in Jakarta?: 3 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Jakarta?: In IDR/sqft/year. We also publish a USD-normalised view ($24/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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