News & Insights on Flexible Office Spaces in Indonesia

A Guide to the Best Coworking Spaces & Serviced Offices in Jakarta

As Jakarta’s commercial office market tanks, flexible workspaces have emerged as the digital economy’s answer to office leasing. Here’s our definitive guide to the best serviced offices and coworking spaces in Jakarta.

Jakarta’s office market is at a record high vacancy rate with only 83 per cent of office space currently occupied. Driven by ongoing construction, the city’s empty buildings are losing rental value. In fact, Jakarta is set to be one of the cheapest cities in the world to rent an office in 2019.

Despite the affordable prices, a declining office market can be a danger sign for businesses. It indicates low economic confidence and a reluctance among companies to commit to office space. While some established firms can take advantage of affordable rental rates, many will hold off until there are more positive indications that such a substantial investment in Jakarta’s economy will be worthwhile.

On the other hand, the flexi workspace market delivers the agility and flexibility companies need in uncertain economic conditions. With a plug-and-play coworking space or a serviced office, there’s generally only a one-month deposit and no long move-in wait, while terms can start from only one month. Very different to the three, five or 10 year commitment required for a commercial lease.

While Indonesia’s freelancer hotspot Bali has long been a coworking haven, the capital has been slower to convert. However, Jakarta’s creative, tech and startup scene – and even many of its corporate and multinational entities – are now adjusting to the benefits of shared office space, with a myriad of new serviced offices and coworking spaces to suit every budget entering the market.

And beyond the benefits for the bottom line, flexible workspaces do more for people which, in turn, helps people do more for their business. In the post-nine-to-five age, an office needs to be inspiring, collaborative, motivating and full of energy. And it’s not enough to provide a simple space anymore – business formation services, secretarial support, lifestyle facilities, educational events and social occasions are just a few of the ways the top office operators on our list are standing out in the crowded Jakarta coworking market.