RESEARCH

Jakarta Retail Market Overview H1 2023

Research Date: Tuesday, 26 September 2023
Jakarta Retail Market Overview H1 2023 | KF Map – Digital Map for Property and Infrastructure in Indonesia

Amid a shifting retail landscape, upmarket retail malls have improved significantly, while other lower grade malls, particularly strata-titled malls, remained struggling in their recovery. Disruption from “social commerce” has been greatly affecting malls, catering to lower-middle-income households.

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