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.
The headline-hitting coworking operator worth an estimated $42 billion makes our list with three offices in Sudirman and one in Karet Kuningan. Expansive spaces, intentional design, warm hospitality, flexible solutions and an energetic startup vibe that can suit every business – WeWork is the coworking phenomenon with no limit to its world takeover in sight. These locations are close to business activity, entertainment and nightlife to provide WeWork members with convenience in every aspect of life.
This Indonesian coworking startup makes a serious impact with its stunningly airy interiors and vibrant mix of lifestyle and work spaces. Go Work is one of Indonesia’s leading coworking operators with 16 office centres across the country. Having raised $10 million in funding in 2018, it looks set to continue its domination of the premium coworking sector in Indonesia, and further afield. In fact, GoWork achieves a 90 per cent renewal rate among its 8,000+ members – with added funding, these breathtaking office spaces and their hospitality-based service philosophy are about to go viral.
Cekindo Business Center is a seven-year established corporate office provider with three locations in Indonesia. Specialising in business formation and consultancy services, this provider knows how to help entrepreneurs and businesses set up and achieve success in Jakarta. Cekindo partners with government and corporate organisations such as the Indonesian Ministry of Foreign Affairs, National Directorate General of Immigration and Indonesia Investment Coordinating Board to streamline the business journey in Jakarta.
Silk Road’s mission is to be a one-stop business solution that provides vital links between Indonesia and the world – with flexible offices, a range of business set-up services and strong government partnerships, it guides companies through seamless entry into Jakarta. With one office centre in prestigious building Sahid Sudirman Center, this team keeps things close to help you make it big.
Servcorp is among the world’s largest premium serviced office operators and it made its entry into the Jakarta market in signature style at the International Finance Centre Tower 2. The past year saw Servcorp reshape its high-end serviced office model with a more collaborative vibe, incorporating more breakout areas and coworking desks to make their premium niche attractive to a wider client base. Despite the luxurious interiors and best-in-class technology, Servcorp’s offices come at surprisingly affordable rates, particularly considering it is based in The IFC, one of Jakarta’s best addresses. Their professional and highly trained teams are worth a mention too – every client and request is in safe hands with this passionate staff.
Creo House’s philosophy is COPE – connect, opportunity, people, execute – and it is an efficient space and services platform that paves the way to independent success. Its cosy workspaces are something different to the usual – think warm, welcoming and comfortable instead of stark and minimalist. You’ll benefit from the same standard of business support as well as specialist startup services for new companies, making Creo House ideal for down-to-earth teams and new companies. Located in family-friendly Kemang, this creative serviced office is a popular choice among expats and Indonesian outposts
Spacious, smart and simple – Centennial specialises in cost-effective instant office solutions with zero complications and even fewer hidden costs. Move into a full setup office suite or desk space and enjoy immediate connectivity, meeting rooms and professional administration services. It’s office leasing made easy and affordable, with awesome bonuses of a Sudirman location and neat fitout.
With 14 serviced offices across Jakarta, it’s easy to see how Regus is the largest office provider in the world. Although private serviced offices are their bread and butter, they’re gradually moving into coworking – perfect for professionals and corporate-leaning entrepreneurs looking for budget office space. They deliver well-priced flexible workspaces with the ability to upsize for free as you go, along with professional support services to help you answer every phone call, keep track of messages, handle mail and welcome clients. The styling at every office centre is unfailingly smart, professional and modern and abundant natural light is always present. With 3,000 centres around the world, Regus is perfect for the fast-moving business leader.
With serviced offices in Sudirman CBD and the surrounding areas of Sudirman, Semanggi and Kuningan City, it’s safe to say CEO Suite has one of the best portfolios of Jakarta office space. With highly regarded office towers, luxurious facilities and the latest technologies, their aim is to offer the best value for money on office space in Jakarta. Their self-proclaimed most valuable strength to clients is their complete range of high quality services, from business concierge and professional support to IT, market research, startup and office design.
The Executive Centre first opened its doors in Hong Kong in 1994 and today it is one of the world’s best-known high-end office operators. Targeting ambitious professionals and industry leaders, TEC’s Sudirman offices deliver consistent support, unparalleled service and prestigious workspaces designed for success. Its expanding office network spans every continent – a big draw for corporate outposts, multinational firms and travelling business people – while its high powered community enjoys an exclusive online network and series of networking and educational events.
Greenhub was conceived in 2012 in Singapore and it now has two serviced offices in Jakarta as well as four in its homeland. With two centres located in South Jakarta, Greenhub offers convenience to the business district to suit your lifestyle – an office in the heart of the action in Sudirman CBD, or one in the nearby Kota Kasablanka lifestyle mall. Either way, you’ll love the tranquil green environment and community of local and global firms that operate from these light-filled coworking offices.
Indonesian company Marquee Executive Offices delivers high-end corporate office spaces across Indonesia with a focus on providing a one-stop service for its members. Managed by a group of Asian entrepreneurs, this firm is steeped in international corporate know-how and offers a solid foundation of experience and insight for new and growing firms. Members enjoy the highest quality workspaces with some incredible views, as well as meeting facilities, video conferencing and services in company establishment, tax, accounting and secretarial.
With 16 services offices throughout Indonesia, V Office really means business in supporting Jakartan business. With access to the entire network – plus another 41 in Kuala Lumpur and Manila – you can work with the agility and flexibility of a freelancer even as you grow. A dedicated vButler is on hand to accommodate every request, while you can connect to the “Entreprenity” global online platform to get your name out there and form business relationships. V Offices is known for supporting companies spread around the world as well as local entrepreneurs in Jakarta.
UnionSpace is a vibrant and fast-expanding coworking ecosystem with locations across Indonesia and Asia. Among its many events, initiatives and services, the creative office provider has launched Indonesia’s first blockchain coworking space called Blockchain Space in Slipi or ‘Slipicon Valley’ of West Jakarta. It has also partnered with Australian fintech coworking operator Stone & Chalk to allow startups to grow across the Asia Pacific region. With beautiful workspaces, impressive event venues, startup immersion programmes, meeting rooms, business support and virtual offices and large enterprise office solutions, UnionSpace guides one-man bands to international success.
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