Jakarta Retail Market Overview 1H 2025

Retail revival showed a clear bifurcation in performances as quality retail malls continued to outperform with high occupancies. Rent growth was incremental and location-specific.

Despite subdued consumer sentiment and lower spending during the festive period of Idul Fitri and school holiday season in the first half of 2025, the Jakarta retail market managed to see steady performances with improved mall foot traffic, particularly for quality retail malls.