Eyeing the Jakarta Ring

THE name of the alternative is T.B. Simatupang. When many potential renters are unable to afford the price of renting office space in Jakarta’s Golden Triangle, the T.B. Simatupang area is the next best choice. Last year office space rentals in this South Jakarta venue reached 85 percent. “Rental costs and maintenance costs are cheaper here,” says Arief Rahardjo, Research and Advisory Associate Director of Cushman & Wakefield.

The business

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