2024

Bali is well and truly back on the radar. The latest visitor arrival numbers from Bali’s Central Statistics Agency (BPS,) show that the cumulative number of international tourist visits in the first half of 2024 overtook 2019’s pre-pandemic levels. New routes and direct flights from the likes of Indonesia AirAsia, Emirates, and in the coming months, possibly Aeroflot, look set to boost these...

Indonesia's fertile agricultural land is a national treasure, and the government treads carefully when it comes to conversion for development purposes. While land conversion can unlock economic growth, strict regulations are in place to ensure a sustainable balance.  If as a businessman you are eyeing some agricultural land for some other utilization, this article will tell you the process of...

In the Indonesian property and real estate market, the Taxable Object Sales Value, known locally as Nilai Jual Objek Pajak (NJOP), plays a critical role. This value is essentially the average price derived from sale/purchase transactions and represents the government's assessed value of a property. Taxable Object Sales Value is not only vital for property transactions, but also serves as a...

In Indonesia, when there’s a discrepancy between the name on a land certificate and the name on an individual's identity card, it becomes necessary to obtain a Certificate of Name Discrepancy. This document serves as a crucial step in preventing potential legal complications in the future. Why There’s a Discrepancy in Indonesia’s Land Certificate?    A Certificate of Name...

In real estate business, Return on Investment (ROI) serves as a compass guiding investors towards the best opportunities. Knowing how to accurately calculate ROI is like having a treasure map that unlocks the gates to maximum profit. This article will be your comprehensive guide to understanding and calculating ROI in property investment, along with safety tips to proceed with...

While the global housing market like in the US and China are facing slowdowns, Indonesia's property sector is showing surprising resilience. A new report reveals that millennial drives continued strength and intriguing dynamics in the Indonesian property sector for the first quarter of 2024.  Strong Housing Demand A report by Jakarta-based real estate fintech platform reveals continued...

So you have big plans for your property in Indonesia like a new house to call home, a spacious office upgrade, or maybe even a stylish instagrammable restaurant for your new business. Before you go far with those plans, there's one crucial step you can't skip: apply for building permits.   Type of Building Permits in Indonesia  Ensuring the safety and functionality of buildings is highly...

Bali's architecture seamlessly blends with nature. Open spaces and local materials like wood, stone, and grassy roofs are hallmarks of the style. Traditional elements like ‘alang-alang’ roofing, maze-like carvings, and open-air pavilions showcase a deep respect for the environment. It's like living in an artwork made with down-to-earth materials like wood, hay, and even volcanic rock!  What...

What could possibly go wrong? We all know that for sometime it's been a bit like gold rush out there around real estate in Bali. Market seem to overflow with off-plan villas and town houses as well as apartments and more. An awful lot actually and one wonder how this will turn out in terms of possible temporarily oversupply for that particular part of the market. Smaller units sold. How will...

While foreign ownership of land in Indonesia is restricted, owning property in Bali is still possible through establishment of a Perseroan Terbatas Penanaman Modal Asing (PT PMA). This method offers a legal and secure path for foreigners to participate in Bali's property market. This guide will equip you with the knowledge you need to know to navigate property rights and find the perfect...