Quick Summary Jakarta Property Market 2009 - Part 1

Quick summary for you..

Who are looking to lease office space in Jakarta.

• Jakarta Office Rental Rates 2009. This is a summary of average base rent & service charge in CBD and Non CBD area at Jakarta, as of August 2009. Includes Office, Residential, Retail & Industrial sectors. The data was taken from Colliers Jakarta Property Market Overview report. You could read the report at no charge here.
• If you want to run a comparison study (of base rent, service charge, or building specifications/amenities) for several buildings, Colliers has the most comprehensive office database in Jakarta.
  
• If your current lease is about to expire, read these tips. Even better, Colliers actually give out a free Office Leasing Guide to our clients, to help you through the Office Leasing process. Read the excerpts that contains unprinted copy of the book here.
• If you decide to move, read the IT tips for office relocation. It's from my own experience.
  

Who are thinking of doing real estate investing in Jakarta.

• Property Investment Yields 2009. This is a summary of property yields in 2009 for Office, Residential, Retail & Industrial sectors. You could see the yields trends from 2004 to 2009. The data was taken from Colliers Asia Pacific Investment Market report. So you can compare with other countries. Read the report here.
• Colliers has listed office, residential, retail and industrial properties, suitable for investment in Indonesia. Check these properties first to get the best investment Indonesia can offer. If that's not enough, you can also search for properties in Asia Pacific. We have the biggest property listing site amongst our competitors.

To be continued..

PS: As always, write to me if you have any questions :)

Jakarta Office Property Stacking

One of the best feature in Colliers Office Database is the Property Stacking Plans. Property Stacking is a visual view of every tenants in a building, complete with the lease expiration date and sqm. For example, we can see in 10th Floor, who are the tenants, how many sqm they occupied, and what's their lease expiration date.

Property stacking is a must have feature for Property Management companies/consultants or Developers/Owner Associations who manage their own building. With this visual representation of tenancy, the management can actively monitor the lease expiration dates and offer lease renewals to the tenants, to keep up the occupancy rate of the building.

This also help them to manage the tenants distribution/space planning. For example, if we have 1000sqm vacant space in 3rd floor and 500sqm vacant space in 4th floor, it's not efficient we they accept 100sqm space lease in 3rd floor. In this case we should offer the 4th floor instead.

This can also be useful to Developers whose buildings are in construction phase, to keep track of closed deals (sold/leased) and manage space. Colliers offers Property Representation services to help Developers market their building, either it's still in construction or already launched. Our team use this software to help the Developers in marketing and managing the space. With the vast property stacking data, we have a handful of clients who are currently looking for new spaces. If you're having trouble marketing your buildings, write to me and let us know!

Indonesia's Most Comprehensive, Up to Date Office Database

First of all, HAPPY INDEPENDENCE DAY, people! Our country is 64 years old now.. (*grabs tissue*). Even though we're still in global crisis, but things are looking good in Indonesia, right? Investors from foreign companies are now looking at Indonesia with new eyes.

Now, if you want to invest in Indonesia (be it in property/real estate business or others), you might want to open new office/rep office here, right? All right, just stay with me, cause here's the best part:

• Colliers has the most comprehensive commercial (office, industrial, retail) and residential property database in Jakarta central business district (CBD) area, Jakarta outside CBD area, and most major cities in Indonesia.


• As to date, we have 709 commercial properties, 109 apartments and 7,153 houses listed in our commercial & residential property database.


• Our database is updated daily, for spec/price/space availability changes. And I mean it. For example, just end of this week we have 53 buildings updated in the office database. Top 3 recently updated last week: Menara Ravindo (Gedung Arya at Kebon Sirih), Barclays House (Wisma BCA at Sudirman), Menara Thamrin (at Thamrin).
  


• Colliers give the best service in Office, Retail, Industrial, and Residential Tenant/Investor Representation, hands down. I'm serious here; if you want to have people who are smart, dedicated, genuinely interested for your business/investment growth, honest, have good business ethics and have integrity to help you get the best location for your business/investment; then Colliers is your choice. We're like, the good guys in this property consulting industry. I know the people personally, and I can tell you they're THAT good.

Okay, so here's what our property fact sheet looks like. It's for The Plaza; we're currently representing them to find tenants. That's right, we also have the Office Property Representation service. If you decide to invest in Indonesia by developing buildings (Office, Apartment, Warehouse, Shopping Center), we can help you selling/leasing the spaces.