JAKARTA, KOMPAS.com — with economic projections would still grow above 6 percent next year, the demand for Office space in the central business distric (CBD) Jakarta this year is estimated to be still going to grow about 8.5 percent positive. It also applies to rent office space.
"Rents office space still has the possibility of rises further, i.e. by 10 percent to 20 percent, although the increase was not as high as in previous years," said Nurdin Setyawan, Manager, Research, Advisory & Cushman Wakefield & Indonesia in a press release here on Friday (22/2/2013).
Based on the research of "Office Space Across the World 2013" which recently published the Report Cushman Wakefield & conveys, that slower economic growth affect Asia with positions for the primary office rental rates only increased by 3 per cent throughout 2012. Despite the slowdown in rental prices in the city's primary areas of Hongkong and Tokyo, second city still ranks 2 and 5 in the world's most expensive office location, showing the importance of their position as a central global business center.
Meanwhile, Beijing, which in the last two years experienced very high rental price rises, fell one ranking to seventh in world rankings. This is because the rents are not changed during the last 12 months. Surplus office space provides more options for prospective tenants so as to create the "tenants ' market" in the city. While the office location in Connaught Place, New Delhi, India, also noted the increase in rental prices quite well, because the primary office space rent prices in the region rose 25 percent during the last 12 months.
Cushman Wakefield, & to Southeast Asia, the primary office space rental rates rose 6 percent in the Philippines. This is due to the demand of the BPO (Business Process Outsourcing). While for the CBD Jakarta experiencing the rental price increases are noteworthy in 2012 i.e., amounting to 46 percent.
As mentioned earlier, this year, for the first time since 2008 and London passed through Hong Kong in the first rank of office rents rise the most costly in the world. In particular the area of the West end, London, became the most expensive office market in the world, surpassed in the Office Office-central business district (CBD) of Hong Kong.
Such research results "Office Space Across the World 2013" which recently published & Cushman Wakefield. In a press release to the Kompas.com in Jakarta, Friday (22/2/2013), the report underscores the lack of availability of quality office space in London giving rise to strict competition and demanding price increases result of lease for two percent.
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