Tuesday, April 22, 2014

Jakarta's Golden Triangle Fixed Prima Donna

Golden triangle or golden triangle which includes the corridors Sudirman Jakarta , Brass , and Thamrin are still very attractive and still be excellent , although candidates emerging new commercial center .

The profile and reputation of the golden triangle area of ​​the commercial centers and business coherence has not deterred until today . Even getting shot . Characterized by the growth of the office subsector positive performance indicators .

Among these space vacancy rate declined to 5.6 percent in the first quarter 2014, the rental price change of 2.5 percent and will continue to show a trend to increase to an average 27.28 U.S. dollars , or USD 311 250 per square meter per month and USD 45.4 million per square meter for office space increased by 4.3 percent or strata from the previous quarter .

The price increase will continue because there is no new supply in the first three months of this year and is still active sale and lease transactions .

According to Senior Associate Director and Head of Research & Advisory at Cushman & Wakefield Indonesia , Arief Rahardjo N , a positive trend and demand for rental transaction activity occurs due to business expansion and relocation of tenants . Only , due to limited supply entering the first quarter of 2014 , led to the tenants only get office space with an area under 300 square meters .

" While demand for office space in the transaction and large size can not be met because of the very limited space available in most offices due to the existing high occupancy tigkat namely 94.4 percent , " said Arief to Kompas.com , Tuesday ( 22/04/2014 ) .

Positive performance in the office area of the golden triangle , clearly makes the developers then terpincut compete to build similar properties . Not only with the core business of property developer Lippo Group wide , Sinarmas Land Group and Ciputra Group , but also the earlier developers of non - property -based .

Call it Tiara Marga Trakindo based manufacturing and heavy equipment . Through PT Triyasa Propertindo , they establish offices in the region Gran Rubina Epicentrum development .

Tower I Gran Rubina scheduled to operate in the second half of 2014. Likewise with MSIG Tower , Lippo Brass , The Convergence Indonesiadan Satria Square . So that all the office buildings contribute to the total amount of new supply into 182,000 square feet this year .
( Read: perawatan pleci )

" The number of total office in Jakarta's golden triangle area of ​​far more than other commercial areas . In 2010 alone , the Jakarta CBD office market dominated composition as much as 62 percent , while 38 percent of non - CBD . Figure was the same in 2013 . While until 2016 future composition changed slightly , 61 percent and 39 percent for CBD - CBD untuknon , "said Arief .


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