Iran–US–Israel conflict delays Filis developers' plans for new projects

The escalation of the conflict between Iran and the United States (US) and Israel is starting to inject caution into the domestic property sector. Global uncertainty, which fuels negative sentiment, is seen as able to restrain demand, so developers may delay launching new projects. Head of Research Colliers Indonesia, Ferry Salanto, said the potential delay in project expansions could occur if market demand slows due to negative sentiment. ‘The third delay is when market demand slows due to negative sentiment. Typically developers would likely hold off on launching new projects,’ Ferry told Kompas.com on Monday, 2 March 2026. ‘Thus, we won’t see many new project launches. Because developers are more focused on selling the remaining units or space that is still available. So the focus is on selling existing stock,’ he explained. In addition to delaying new product launches, developers are also said to adjust strategies to sustain the business, notably by controlling construction costs. ‘They also usually adjust the specifications of the buildings to control costs,’ added Ferry. However, for projects that have already entered the later stages of construction, these generally proceed as planned, in order to safeguard cash flow. ‘For projects that have advanced into the later stages of construction, they usually continue because they have to maintain their cash flow,’ he added. Thus, the market slowdown due to global conflict has more impact on strategies for launching new projects and managing the existing stock, while projects already underway tend to continue.