# Jakarta Class A Office Market

> Jakarta Class A office rents around Rp380,000/sqm/mo · ≈ $26.7 PSF/yr USD, with 31.4% vacancy and 6 months of typical rent-free on a 3-year term.

**Canonical URL:** https://classa.info/cities/jakarta
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Trophy product on Sudirman-Kuningan trades at IDR 380,000-460,000/sqm/month.
- Headline vacancy elevated — structural overhang from 2014-2018 supply boom.
- BCA, BRI, Mandiri, and consumer giants anchor demand.
- Nusantara new capital relocation reshapes long-term demand.

## Key facts
- **city**: Jakarta
- **country**: Indonesia
- **region**: APAC
- **classARentLocal**: Rp380,000/sqm/mo · ≈ $26.7 PSF/yr USD
- **classARentUsd**: $26.689211159523964/sqft/yr
- **vacancyPct**: 31.4%
- **typicalLeaseYears**: 3
- **typicalRentFreeMonths**: 6
- **submarkets**: 5
- **corporateTaxPct**: 22%
- **talentIndex**: 72

## FAQ
### What is the Nusantara context?
Indonesia's planned new capital, Nusantara in East Kalimantan, is under construction. Government function relocation begins 2024-25; private-sector demand impact on Jakarta is gradual.

### What is HGU vs HGB?
Hak Guna Bangunan (HGB) is the right to construct buildings — typical office leasehold structure. Hak Guna Usaha (HGU) is for cultivation/business use of land. Foreign investors use Indonesian PT (limited liability) entities to hold rights.

### How significant is the Sudirman-Kuningan corridor?
The Sudirman-Kuningan corridor (Jl. Jenderal Sudirman and Jl. HR Rasuna Said) anchors the deepest Class A concentration in Indonesia — banking, multinational HQs, and the SCBD trophy cluster.

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Citation: Source: Class A Atlas (https://classa.info/cities/jakarta), updated 2026-04-15T00:00:00.000Z.