Jakarta’s Housing Push and Dining Scene Hit New Highs This Week

This week, Jakarta’s urban development and cultural sectors are drawing attention, with the landed housing market showing resilience, the city’s fine dining scene gaining international nods, and ongoing efforts to transform slum neighbourhoods into vertical housing. These developments underline Jakarta’s dynamic growth amid broader national transitions.

Housing Market Resilience in Greater Jakarta

During the first half of 2025, Greater Jakarta’s landed housing market recorded an 88% cumulative sales rate, according to JLL data. A major 1,000-hectare township launch in Tangerang, along with joint ventures for projects in Depok and Tangerang, drove much of the activity. New neighbourhood developments are concentrating in three primary corridors: Tangerang (western), Bekasi (eastern), and Bogor (southern), focusing on areas with established infrastructure. This trend reflects sustained demand, particularly in suburbs well-connected to the city centre.

Slum Revitalisation and Vertical Housing Strategy

Jakarta is pressing forward with its plan to transform 445 designated slum neighbourhoods into vertical residential buildings using the KTV model. The city has allocated a budget of Rp566 million per neighbourhood for infrastructure repairs and house renovations. A key example is the inclusive urban plan for Kampung Pulo in eastern Jakarta, which aims to resettle 5,000 low-income families into 5,001 flood-resistant apartment units. As part of the project, 30% of the area will be preserved as green open spaces, and livelihood support programmes will be provided for residents.

Fine Dining Earns Global Accolades

Jakarta’s culinary scene is gaining international recognition. Esa has been named one of Indonesia’s two Gastronomy Ambassadors by La Liste, highlighting the rise of fine dining in the capital. Meanwhile, the restaurant August debuted at number 49 on Asia’s 50 Best Restaurants list and was named Best Restaurant in Indonesia for the second consecutive year. For those seeking authentic traditional cuisine, Tiga Dari (Hutan Kota by Plataran) is a top-rated option, famous for its Nasi Goreng Tiga Dari. Time Out also lists eight standout restaurants, including an American-style bistro curated by Michelin-starred chef Jean-Georges Vongerichten and a local chain focusing on Betawi cuisine.

Jakarta’s Shopping Scene Remains a Key Draw

With over 175 shopping malls, Jakarta remains a retail hub. Grand Indonesia is the most visited mall, featuring over 100 shops and more than 200 international restaurants. Mal Taman Anggrek, spanning 360,000 sqm across seven levels, is the largest mall in the city and houses Southeast Asia’s largest ice rink. For luxury shopping, Plaza Indonesia and Pacific Place host brands such as Louis Vuitton, Gucci, Chanel, and Hermes. Family-friendly options include Pondok Indah Mall 3, with a large playground, and Mall Taman Anggrek.

As Jakarta continues to balance housing needs, culinary excellence, and retail vibrancy, residents and investors alike are watching closely how these sectors evolve in the months ahead. With new township launches and vertical housing projects underway, the city’s landscape is set for further transformation.