Key insights and market outlook
The Mass Rapid Transit (MRT) expansion is expected to drive demand across various property segments in Jabodetabek during 2026. Office space, retail, vertical housing, and hotels are likely to benefit, particularly in areas along the MRT route. According to Arief Rahardjo from Cushman and Wakefield Indonesia, the MRT has become a key consideration for office tenants, with grade A office buildings along the MRT Phase 1 showing faster occupancy growth compared to those outside the MRT corridor.
The development of the Mass Rapid Transit (MRT) system is anticipated to stimulate various property segments in the Jabodetabek area during 2026. The sectors expected to benefit include office space, retail, vertical housing, and hotels, particularly in locations along the MRT route.
Arief Rahardjo, Director of Strategic Consulting at Cushman and Wakefield Indonesia, highlighted that the MRT has become a crucial factor for office tenants considering either relocation or expansion. The occupancy rate in grade A office buildings along the MRT Phase 1 corridor has increased more rapidly compared to buildings outside this area. This trend underscores the growing preference for locations with reliable public transportation infrastructure.
The MRT's influence extends beyond office space, potentially boosting demand in other property sectors. As connectivity improves, areas along the MRT route are likely to experience increased development activity across multiple property types. This transportation infrastructure is expected to be a key driver of property market growth in the region during 2026.
MRT Expansion Impact on Property
Increased Office Space Demand