Excess supply, Jakarta Commercial Offices Price Drops 25 Percent

JAKARTA, KOMPAS.com – Supply of commercial office property types assessed already exceeds demand.

In Jakarta, especially TB Simatupang corridor, the price of office, middle class badly affected by the oil and gas business is currently experiencing a decline.

Because most companies that rent office space in this corridor, engaged in the oil and gas.

“There are some buildings years ago kamk looking for, the price can not be negotiated. Now the same building costs down can be up to 25-30 percent, “said Country General Manager Rumah123.com Ignatius Untung during a meeting with the media in his office, Jakarta, Tuesday (22/11/2016).

He explained that the excess supply conditions have been going 2-3 last year. Currently, rents office area with an area of ​​250 square meters-350 square meters in the Central Business District (CBD) Brass range from USD 3 billion a year.

Price rent an office in the corridor TB Simatupang also not far from the price.

According to Untung, the excess supply due to the growing trend today is not everyone working in the office.

Most workers switched professions to become entrepreneurs and even work in the coffee shop to use co-working space.

Moreover, some are utilizing virtual office.

“So passable added competition tight in the sector of commercial office,” said Lucky.

As a result of this competition, he added, some managers choose dropped the price to attract tenants.

thus, although not benefit in full, the office space is still diokupansi by the tenant.

“for investment, we see short-term good because they are relatively cheap.

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