Free Bali and Jakarta Real Estate Investment and Retirement Seminars
Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from attending one of our two free Real Estate Seminars in Bali this month.
At these seminars PT. B.A.L.I’s Canadian President, Lawrence, a 22 yr. Bali resident, President of 14 yr. old company with 135 staff, married to Azizah, a fully Licenced Notaris will review the most recent real estate laws for Indonesians and Foreigners in detail.
Then they will also provide a full colour audio, visual presentation with many professional charts on the Past, Present, and Future of Bali Real Estate.
Free Seminar Schedule:
Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.
Dates & Times:
Location: Jakarta, Le Meridien Hotel
Dates & Times:
1. Thursday - Nov. 1st. 6:30 PM - 7:45 PM
2.Saturday - Nov. 3rd. 2:00 PM - 3:15 PM
Location: Bali, Emerald Villas, Sanur
Dates & Times:
1. Thursday - Nov. 8th. 6:30 PM - 7:45 PM
2.Saturday - Nov. 10th. 2:00 PM - 3:15 PM
At these seminars you will learn about:
- The Past, Present and Future of Bali, Indonesia, Asian and Australian real estate.
- Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years without leases?
- How to avoid legal problems and make sure a property is safe.
- How to avoid complicated real estate laws affecting Indonesians married to foreigners.
- Why this is the second best time to buy this century.
- Where are the best locations to buy for maximum profits?
- What type of properties will offer the best investment potential of *10% to 20 % per year?
- Discover how you can sell your property fast for the highest prices and lowest commissions on a brand new web site designed after the largest most successful real estate site in America with high tech search features.
- An opportunity for a free listing on B.A.R.E. First Class Beachfront property at almost 50% discount.
- A Quality 5,000 m2 Bali Hotel with 12 bungalows, 3 pools and Restaurant for only $588,000.
- Low cost properties with Luxury Villas starting as low as $158,000 for a three bedroom 650 m² 3 bedroom, 4 bath with private 9 mtr. Pool.
- Ridiculously low priced ocean view building lots starting as low as $25,000 for 500 m².
- Brand new Bali Luxury Reiremnmet Villas starting at $208.00 per mth.
Limited Seating & Free Parking: Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. Click Here For a Reservation
Or Email: email@example.com or Tel: Office: 62-361- 284069 For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177
Wednesday, 4 April 2018
A Singapore court fined two Airbnb hosts a total of S$60,000
SINGAPORE (Reuters) - A Singapore court fined two Airbnb hosts a total of S$60,000 ($45,800) each on Tuesday for unauthorized short-term letting, in the first such case under the city-state’s rules on short-term property rentals introduced last year.
FILE PHOTO: A general view of d'Leedon condominium in Singapore December 6, 2017. REUTERS/Edgar Su/File Photo
The two men had pleaded guilty to four charges each for letting four flats in a condominium for less than six months without permission from the Urban Redevelopment Authority (URA).
They faced a fine of up to S$200,000 per offense under Singapore law. Prosecutors sought fines of S$20,000 per charge for a total of S$80,000 for each of the two defendants. The defense sought fines of S$5,000 per charge.
Judge Kenneth Choo on Tuesday fined the two hosts S$15,000 per charge each, saying this would also serve as a signal to deter others from pursuing such illegal business.
Private homes are subject to a minimum rental period of three consecutive months, while for public housing, home to about 80 percent of Singapore’s residents, it is six months.
The issue of short-term accommodation in private homes is complex and multi-faceted, and has wide-ranging implications, the URA said in a forum letter in the Straits Times on Monday.
The URA plans to conduct a public consultation on a proposed regulatory framework for short-term letting soon.
“It will take some time to work through the consultation process and to amend legislation, if necessary, for the new rules to take effect,” the URA letter in the paper says.
A high-population density and limited land mean most of Singapore’s 5.6 million people live in apartments.
“We look forward to obtaining greater clarity for our community following the upcoming public consultation,” said Mich Goh, Airbnb’s head of public policy for Southeast Asia.
Airbnb, founded in 2008 in San Francisco, matches people wishing to rent out all or part of their homes to temporary guests. It previously indicated that it was willing to make some concessions on short-term rentals in Singapore in an attempt to appease concerns of the government.
Wong Soo Chih, the two hosts’ lawyer, said they paid their fines on the spot. She called the fines “fair and reasonable”, but questioned whether it was premature in view of the upcoming consultation.
Reporting by Aradhana Aravindan; Editing by Nick Macfie and Himani Sarkar
Our Standards:The Thomson Reuters Trust Principles.
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