News
Red Hot in Bali
Friday, 06 May 2011 00:00
Source: The Phuket Insider
by Bill Barnett
While I am usually immersed in all things real estate and tourism in Phuket, travelling to overseas competitors often brings a fresh perspective and offers a quick pulse check on how Thailand is measuring up in Asia's great development race.
Hence my recent sojourn in Bali.
Bold buyers venture into Indonesian market
Friday, 06 May 2011 00:00
Source: The Australian Financial Reviewby Lisa Allen
Tired of Bali? Like the French and Dutch, Australians are flocking to Yogyakarta, attracted by the renowned Borobudur temple complex and the city’s reputation as one of Indonesia’s key centres for classical Javanese arts.
Bali's Elite Havens goes global with Knight Frank
Thursday, 28 April 2011 00:00
Elite Havens, Bali’s leading real estate agency, recently entered a strategic associate partnership with Knight Frank and now has a truly global reach.
Apartment bill allows expats to hold 90-year leases
Wednesday, 20 April 2011 00:00
Source: The Jakarta Globe
by Elly Burhaini Faizal
The legislature is deliberating a bill on apartments that will give foreigners the right to longer leaseholds, ranging from 70 to 90 years, to boost the property market.
In Bali, Even Homes Without Ocean Views Draw Interest
Thursday, 13 January 2011 00:00
Source: The New York Times
by Kevin Brass
UBUD, INDONESIA — After spending weeks searching the hills of Bali for a home to buy, John Duffield and Rachel Plecas settled on a house that was something of a snake pit.
But even though they found a python slithering through the run-down house during their initial inspection, they fell in love with the overgrown elements of the property, which had once been used as an aviary.
High Time for Builders in Bali
Tuesday, 26 October 2010 00:00
Source: The Australian Financial Review
by Lisa Allen
Forget Noosa, Nantucket and Nice – the seriously wealthy are buying up big in Bali, transforming the sleepy idyll just four hours’ flying time from Perth into one of south-east Asia’s hottest residential property markets.
House Hunting in ... Indonesia
Wednesday, 15 September 2010 00:00
Source: The New York Times
by Virgina C. McGuire
A FURNISHED OPEN-AIR HOME ON A BEACHFRONT ESTATE ON THE ISLAND OF BALI
$3 MILLION
This property, consisting of six structures with a total of six bedrooms and seven baths, is a few miles north of the village of Candi Dasa on Bali’s east coast. The main living space, completed in 2008, is an open-air pavilion facing the water, with a living room on the top floor and a dining room below. Bamboo screens can be lowered to protect the space from rain. The master suite, a separate structure adjacent to the main pavilion, has a bedroom, a sitting area and two bathrooms; all the rooms have views of the ocean and Bali’s tallest mountain, Gunung Agung.
Indonesia Shows Greece There's Life After Austerity
Sunday, 23 May 2010 00:00
Source: Bloomberg
If al-Qaeda-linked terrorists thought they could drive foreign investors out of Indonesia, they didn’t reckon with the likes of Jim Castle.
Seven years ago, Castle, a Michigan-born consultant for 100 multinational companies -- including Citigroup Inc., Exxon Mobil Corp. and Nestle SA -- was having lunch at Jakarta’s JW Marriott hotel when a truck bomb detonated outside the building, killing 12 people and injuring 150. Castle walked away unhurt.
Long Bali leases could bring boom
Tuesday, 20 April 2010 00:00
Source: The West Australian
A surge in cashed-up West Australians splashing out on Bali holiday homes has been predicted amid speculation the Indonesian Government is preparing to relax foreign ownership rules. Real estate agents expect an official announcement next month on lifting the cap on leases to foreigners of residential property from 25 to 70 years.
Brands bet Indonesia is next big market
Wednesday, 07 April 2010 00:00
Source: The Wall Street Journal
by Patrick Barta
SAMARINDA, Indonesia—International companies are betting Indonesia will become Asia's next big consumer market after China and India—in part because of booming jungle outposts like this one.
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