Insurance occupiers in Jakarta typically cluster in Thamrin, plan ~220 sqft per seat at high-end fit-out ($8000000–12000000/sqft), and pay around 380000 IDR/sqft ($27 USD) on Class A.
Insurance occupiers in Jakarta typically cluster in Thamrin, plan ~220 sqft per seat at high-end fit-out">fit-out ($8000000–12000000/sqft), and pay around 380000 IDR/sqft ($27 USD) on Class A.
Insurance occupiers in Jakarta typically anchor in Thamrin. Banking, government, professional services, retail HQs.
Class A rent in Jakarta runs 380000 IDR/sqft ($27 USD) on a 3-year lease with 6 months free. Prime submarkets sit at or modestly above the city index.
Typical insurance fit-out targets high-end specification at $8000000–12000000/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount insurance office in Jakarta typically targets 22,000 sqft of leasable area.
Underwriting and actuarial talent concentrates near broker districts; long lease durations and conservative escalator structures are typical. Deep banking, consumer goods, and resources talent. Strong feed from University of Indonesia, ITB, Gadjah Mada, and major private universities. Bahasa Indonesia and English bilingual professional base.
Headline corporate tax: 22%. 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.
| city | Jakarta |
|---|---|
| industry | Insurance |
| naics | 524, 5241 |
| preferredSubmarket | Thamrin |
| preferredFitoutSpec | High-end |
| fitoutBand | $8000000–12000000/sqft |
| sqftPerSeat | 220 |
| classARentLocal | 380000 IDR/sqft/yr |
| classARentUsd | $27/sqft/yr |
| vacancyPct | 31.4% |
| typicalLeaseYears | 3 |
| typicalRentFreeMonths | 6 |
| talentIndex | 72 |
| corporateTaxPct | 22% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.