Bali Property Will Be Featured Regions in Indonesia

JAKARTA, KOMPAS-Bali region is expected to be a flagship property in Indonesia, for several years into the future. Also expected to be able to attract overseas investors, as well as domestic investors who bought many properties in various countries.

Institutions property consultants Jones Lang LaSalle Indonesia, reported in 2006 and 1000 Indonesian investors to buy more condo units in Singapore. While the last 10 years, dominating 30 percent of Indonesian people selling condominiums in Singapore. Investors in this country, is expected to shift to domestic purchases, which is Bali.

Bali expected to become a new magnet for investors because it has a major attraction for investors from all over the world housing, namely the environment with a tropical climate, beautiful nature, and culture intact. In the world as there are only two hotels Bulgari, one in Milan, Italy, and one in Uluwatu, Bali


“Investment Act new momentum must be seized by foreign investors. For increasing time the ownership of property assets, would be considered foreign investors, “said Deputy Director of Jones Lang LaSalle Indonesia, Djodi Trisusanto, Monday (14 / 5) in Jakarta.

Under the new Act on Investment, ownership HGB can be 80 years old, almost like property ownership in Singapore up to 99 years. It is said to investors, the positive developments of the HGB is only 30 years old, because it guarantees the certainty to invest.

According Djodi, the construction of several world-scale property projects, such as Bulgari Hotel, the Hotel Ritz-Carlton, Sofitel Hotel, Bali has indicated developer opportunity in the eyes of the world.

“Currently, it is the most appropriate buying property in Bali. Because the price is not too high as the impact of the Bali bombing, while a few years into the future when security improves stability, then the price will get better too, “said Djodi.

In Bali, currently serviced apartment sales improved. Djodi explained partly serviced apartments dare give guaranteed rental return of 6-8 percent per annum during the first 2-3 years. He said it was very optimistic, but the climate of increased property rental in Bali.

Djodi informed there are now direct flights from Qatar 4 times a week, which brings tourists from the Middle East. Middle Eastern people, he said, also represents a potential property buyers.

In addition to buyers from the Middle East, there are also signs of increasing tourist arrivals from Russia, which is usually visited Bali in December to January. Then, the arrival of Japanese and Australian tourists, who show signs of increasing again.