Monday, 29 June 2020

Bali Breaking News - China passes sweeping Hong Kong nationwide safety regulation- May Affect H.K. Real Estate Prices


Editor's Comments:
Editor Lawrence - President, Director, Bali Realtor, Developer
See More >>> http://bestasiarealestate.com/about-b-a-r-e/

Editor's comments: I can't see any way that this new law which was just passed and in essence allows China to take complete control over Hong Kong will not affect Hong Kong real estate prices.

If I had a family and was living in Hong Kong I would be looking for greener pastures.





And there's no greener pasture than Bali right now with prices down 20% to 30% and selling at 70 to 80% less than the same size & quality of property in Hong Kong with great potential and no stringent restrictive government.
Get ready for influx of Hong Kong investors into Bali Singapore Thailand etc.
__________________

by Cory Weinberg June 30, 2020 Top News

Beijing’s best lawmaking human body, the Nationwide People’s Congress (NPC), handed the regulation unanimously on Tuesday early morning nearby time, bypassing Hong Kong’s legislature, by means of a rarely utilised constitutional backdoor, in accordance to Hong Kong community broadcaster RTHK, citing unnamed resources.

Chinese state-operate Xinhua news company beforehand noted the regulation would criminalize offenses these kinds of as secession, subversion versus the central Chinese authorities, terrorism, and colluding with overseas forces.

A draft of the law had not been produced community ahead of its passage, this means the greater part of people in Hong Kong have not seen particulars of a legislation that will now govern their lives.

The passing of the regulation has not been officially verified and facts remain unclear. But RTHK reviews that achievable utmost sentencing for crimes underneath the legislation will be “much larger” than 10 a long time imprisonment.

Hong Kong’s Chief Executive Carrie Lam refused to comment on the development of the monthly bill in her weekly press convention on Tuesday morning, declaring it would be “inappropriate” to respond to questions although the NPC assembly is continue to in progress.

The laws was widely criticized by opposition lawmakers in Hong Kong, human legal rights teams and politicians globally, with a lot of expressing the legislation will cement Beijing’s immediate command over the semi-autonomous metropolis. Quite a few fear the legislation could be made use of to goal political dissidents, a dread that stems from China’s judicial monitor record.

The passing of the regulation will come a day in advance of July 1, the anniversary of Hong Kong’s handover from British colonial rule to China in 1997. It has turn into an yearly working day of protests in the metropolis, but for the 1st time considering the fact that handover law enforcement have not presented permission to protesters to maintain tranquil demonstrations.

This is a developing tale




About the author: Cory Weinberg
Cory Weinberg covers the intersection of tech and cities. That means digging into how startups and big tech companies are trying to reshape real estate, transportation, urban planning, and travel. Previously, he reported on Bay Area housing and commercial real estate for the San Francisco Business Times. He received a "best young journalist" award from the National Association of Real Estate Editors.
View all posts by Cory Weinberg »


Sunday, 28 June 2020

New Demand for Bali Real Estate the "Bali Digital Nomad"

Editor's Comments:
Editor Lawrence  President, Director, Realtor, Developer
See More >>> http://bestasiarealestate.com/about-b-a-r-e/

Just the other day I met with a couple who had just rented one of our Bali Luxury Villas for year.
She was a Canadian like myself and he was an American.

They explained to me that they lived in Beijing and still had two children and family there. They got stuck when they came down to Bali for the Chinese New Year and couldn't get a flight back.

They have now decided after spending a week in our Bali Luxury Villas with good Internet connections, fresh air everything within walking distance they really don't need to go back to Beijing.

They can become a new class of Bali, the "Bali Digital Nomads

 "New class of Bali, the "Bali Digital Nomad"

 I believe during the coronavirus lockdowns a lot of people are discovering they don't need to go to an office to work in their chosen profession.

The American husband for example said that he he normally works from his home wherever he is in the world.

Now the wife has discovered that she can now do her job from her home as well.

Now all they have to do is for wait for their two children to be able to come down, which probably will be in the near future, as international travel from China should open up as early as next month.

This is good news for Bali as Digital Nomads along with what I believe will be a huge influx from Baby Boomers who want to live a life of luxury with private maids and the cost of living  70% less then their home country will be the next people to settle in Bali. 

They will also be the next major demand for Bali real estate, creating another bull market.

This will take the pressure off the tourist industry and reale state markets.

In the future Bali will not be so sensitive to things such as volcanoes and world economies.

Yet another example of the saying "every adversity has within it the seed of an equal greater benefit"

This couple discovered they don't have to live in a expensive, crowded,  polluted, stressful city like Beijing when they can live in Bali and still do the job.

People like them will share their experiences with friends relatives and others throughout the digital networks and soon there will be an influx of digital nomads.

Sunday, June 28, 2020 | 09:55


Pinterest
Popular Bali shoots "Digital Nomad" with great potential
Listen to this

JAKARTA--the opportunity is always open, anywhere and anytime. Although the Corona virus pandemic (Covid-19) Chastens to date and has destroyed various business sectors, especially tourism, there are new opportunities that can be developed ahead.

Many corporate executives in the world who become accustomed to working from home (work from homes — WFH) and apparently businesses can walk. That means, business can be run from afar through the help of technology that is increasingly sophisticated so it is not always have to come face to face with employees and relationships. 

Technology has made it easy for them to work even in the difficulty of this pandemic. They are referred to as Digital nomads.

The digital Nomad was accustomed to working anywhere, especially in a safe and convenient area as well as having the support of good and stable means of communication. They, executives and business controllers looking for a place to fulfill a passion can work quietly, without the distractions and noise of major cities.

The new situation that seems to motivate the government to develop tourism Bali is aiming for new opportunities. Ambassador RI to China Djauhari Oratmangun participated in the idea of Work from Bali to investors in a seminar titled China Enterprises Going Global Risk Conference: 2020 Global Investment Services Forum and Foreign Embassies and Overseas Industrial Parks ' Promotion Information Release in Beijing, some time ago.

"Tagar Work from Home during a time of pandemic has the opportunity to become a Work from Bali Pascapandemi," said Djauhari. For foreigners, he said, working from Bali provides its own benefits. In addition to the cost of living relatively cheaper, quality of life is also more assured because of the environmental sustainability that is maintained.

The Seminar was attended by 50 participants with a seating distance of approximately 4 meters each, which was followed online by 2,000 people from various companies and business associations in China was held by Jiang Tai International Associates (JTIA), an organization that is affiliated with various Chinese investors. JTIA's main task is to identify potential destination countries and provide recommendations for companies that will invest overseas.

Bali Deputy Governor Tjokorda Oka Artha Ardana Sukawati said "working from Bali" potential developed on the island of the gods. "Pandemic COVID-19 is the right momentum. This pandemic on the other hand produces new habits, work not merely from the office. Working more healthy, more fresh, without the need to rent a office or crowded in elevators, "said Wagub who was called Cok Ace when opening the Webinar series #5 with the title" Road Map to Bali Next Normal Imagine Working From Bali, Why Not "in Denpasar, last week.

"I so remembered the story of a French citizen who in the period of a year can be twice a visit to Bali in a long time span. Apparently he did deliberately work from Bali. Living in Bali to take care of his company with a small laptop capital, and a simple Villa terrace in Ubud, "said Cok Ace.

From the story, he is able to do the "working from Bali". This opportunity can be developed as a new tourist destination in Bali, namely by developing a "working space" that is adequate for tourists like this. Moreover, Bali has a big capital for that matter. Firstly, the air is relatively clean with steady weather throughout the year. Then, breathtaking scenery, white sand, blue skies, is a real "clean" embodiment.

Bali has its own vibration, a "healing power" that is obtained from various ceremonies carried out almost every day. Provide tranquility for anyone. In the aspect of safety and comfort, Balinese people are very famous for their hospitality, hospitality. The Balinese are very accepting the difference and as long as it does not cause offense, it will be very easy for an outside person to be comfortable in Bali.

So the idea of attracting digital nomads to work longer in Bali should be supported as this is a breakthrough with good prospects. The potential is large and estimated in a year Indonesia can attract foreign exchange of US $2billion from this segment. If successful it is an inspiration for other areas to campaign for similar ideas.

In the future certainly not just Bali that can be developed to meet the needs of the executives of large companies of the world. In Indonesia, many locations can be developed, which must be prepared by the Government well, especially the facilities and infrastructure of telecommunications, comfort and security as well as adequate accommodation. BC

News Source: Various sources

Thursday, 25 June 2020

Trump-backed luxury Bali project forced to scale back

Indonesians are holding back spending as the coronavirus ravages the nation's US$1 trillion economy
THU, JUN 25, 2020 - 5:50 AM Jakarta

LESS than a year after Donald Trump Jr - the son of the US President - visited Jakarta to mark the Trump Organization's foray into South-east Asia's biggest country, his ultra-luxury project in Bali is facing a new reality: Indonesians are holding back spending as the coronavirus ravages the nation's US$1 trillion economy.








The US developer's local partner and conglomerate, PT MNC Investama, is now considering remodelling the design of the Trump-branded six-star hotel and residential venture in a bid to make the property more affordable to buyers seeking to save, tycoon and chairman Hary Tanoesoedibjo said in an interview.


"I see people have become more modest," the 54-year-old said on Monday. "It shouldn't be too lavish. Maybe it will be just a five-star or a tad below five-star because lifestyle in the future will change drastically."

The pandemic has hit Indonesia harder than the 1997 Asian financial crisis, battering small and big businesses alike, President Joko Widodo said last week.

With the economy on course to contract as much as 3.8 per cent this quarter, even rich Indonesians are not in the mood to splurge. Average monthly sales of luxury cars from Mercedes Benz to Lexus and BMW have plunged 50 per cent in April and May from the previous quarter.

Luxury properties are not just falling out of favour in Indonesia. Home prices in London's wealthiest districts fell the most since early 2009 in April as the spread of the virus derailed a nascent recovery in the city's priciest postcodes.

Manhattan deals came to a near standstill in May, as contracts to buy co-ops fell 80 per cent from a year earlier and condo sales plunged 83 per cent.

PT MNC Land, a unit of Mr Tanoesoedibjo's group, is investing about US$400 million to develop two sites for the Trump-branded projects.

They include the one in Bali, called the Trump Residences. Set over 107 hectares of land across the water from the Tanah Lot Temple on the popular resort island, the property includes 144 ultra-luxury homes, an 18-hole signature golf club, a beach club and also a luxury hotel.

The other project is a resort and condos in Lido in West Java. The partnerships signed in 2015 entitles Trump Organization to receive royalty from the Indonesian developer for the use of the Trump brand.

The organisation will also get a fee to manage the hotels and golf courses and commission from sales of the Trump-branded villas and condos.

Attending a pre-launch event in Jakarta in August last year, Mr Trump Jr said Indonesia was an "under-served market" and the two developments were a "dream becoming reality". The remodelling of the project could delay the completion, which was initially scheduled for 2022.

The slowdown in spending cannot last forever, said Paulus Totok Lusida, secretary general of Real Estate Indonesia, an industry association.

"Once the pandemic is over, demand will pick up again," he said. "People with money would still want to travel and spend time at luxury resorts, own properties like condominiums."

Mr Tanoesoedibjo, who founded the media and real-estate conglomerate MNC Group in 1989, also runs his own political party.

The businessman, who expanded his empire by acquiring television stations once owned by the family of former President Suharto, attended Mr Trump's inauguration in Washington, DC in 2017 and has often touted his friendship with the US president's children.

Amid the slowdown caused by the coronavirus outbreak in the country, MNC Investama is planning to buy back a part of the US$231 million of dollar-denominated bonds due 2021, after previously considering seeking extension on the payments, Mr Tanoesoedibjo said.

While the MNC Group has faced some challenges, the pandemic has also provided an unexpected boost to its media businesses.

Its pay TV service has managed to add 250,000 new customers each month since a partial lockdown was imposed, exceeding the company's expectations, while its broadband internet users have also risen sharply, Mr Tanoesoedibjo said.

But the property market is set to see many changes because of the pandemic, he said.

"There's a noticeable shift," he said. "Therefore we need to change our strategy." BLOOMBERG


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Bali Luxury Retirement Villas

Only 2.98 Milyar (* $184,888 U.S.D. or$268,888 Aus.)


You may now Invest, Vacation or retire full time or part-time in Bali while achieving very handsome returns with this freehold property for Indonesian buyers or over 80 years of leases for Foreign Buyers included in the purchase price starting at USD 184,888.
Pretty well everything you need to know including location, prices, and designs plus information on Bali and Bali retirement visas is available on our web site https://www.baliluxuryretirementvillas.com.

 
These brand-new luxury retirement villas are located only 200 m or a three minute walk from one of the best beaches on the east coast of Bali.
Swimming, snorkeling, surfing, horseback riding, and several new high-quality beach clubs are within walking distance.
The following Information is available on our website:

Features of © Bali Luxury Retirement Villas as low as * $184,888.

•100% legal for foreigners.
• Includes leases totaling 80 yrs.
• Private carport included.
• Private 8 m (27 Ft.) pool** for leisurely laps.
• Only 200 Mtr. To a fabulous beach, restaurants, beach clubs.
• Great investment for you and your heirs.
• Private Housekeepers & drivers, only $200 MTh.
• Healthcare at a fraction of Western costs.
• Brand-new hospital within five minutes.
• Award-winning International Airport 35 min.
• Proximity to Sanur, Ubud, Denpasar.
• Walking distance to affordable restaurants and beach clubs
• Shared low costs of pool man and gardeners.
• Minuscule monthly common area fees.
• Managed by 15-year-old, Hall of Fame award-winning management company.
• *Price of the least expensive villa in U.S.D. after $10,000 Discount for the first two villas only. Subject to change without notice.
Developed and managed by 14-year-old Hall of Fame award-winning Bali company.
Our 15-year-old Bali company Pt. Bali Affordable Lifestyles International (PT. B.A.L.I.) with over 100 + staff and thousands of satisfied clients guarantee completion of any villas purchased now in 2020.
We are a Ten-Year Consecutive “Certificate of Excellence” recipient on the World's Largest Travel Site and was awarded their "Hall of Fame Award", in 2019. This is awarded to only 2 % of the Hotels & Villas listed on TripAdvisor Worldwide"
Summary:

These villas offer you an opportunity to own a luxury home on arguably the Best Island in the world with some of the greatest weather, lowest cost of living, clean air, and friendliest people.

Profit Now Move in Later:
You may not be ready to pack up and move to Bali in the next few years.

So, you may purchase now at these ridiculously low prices and we can normally rent them out for you for a monthly income of $1,500 to $2,000 U.S.D. per month.
Our 15-year-old “Hall of Fame” the award-winning management company that manages villas for V.I.P.s such as the former director of General Electric and Ritz Carlton can provide substantial net monthly income to supplement your pension while providing a carefree rental unit.

Confused? We understand that you may have concerns that we may not have even thought of, so feel free to ask whatever questions you wish.

We do not want you to even think about purchasing our © Bali Luxury Retirement Villas unless you are 100% convinced that they are safe, and perfect for you and your family.

Limited Offer: Save $10,000:

As with any new project we are anxious to sell the first few villas.We have one already on hold and are only willing to offer one other villa at a $10,000 discount. First come first serve.

Free Stay in Luxury Estate:

If you wish to fly over and see the location first after you place a U.S.D. $2,000 Deposit we will offer you free accommodations in a 4 bdrm, 5 bath luxury beach view estate with a private 14 m pool for three days within walking distance of the location.

When you decide to conclude the purchase, we will extend the free estate accommodation for an additional four days.

Should you decide not to continue with the purchase we will refund your $2,000 Deposit minus $200.00 for the three-day stay.

Thank you for taking the time out of your busy schedule to review this information and information on the website. If there is any further information we can provide you please do not hesitate to ask.


Cheers, THE SALES TEAM © Bali Luxury Retirement Villas

PLEASE CALL OR EMAIL US: Tel: 62-361-284069 Mobile or Whatsapp 62-812-3814014 Email: infoBLRV@gmail.com

P.S. We also have several larger villas available from two-bedroom to four-bedroom starting as low as $158,888. www.baliluxuryvillasales.com

Save $100,000 On Huge Estate  

Only $488,888 Freehold or 80 year leases

For those of you that want to live in luxury for a fraction of Western costs we have this magnificent four bedroom five bathroom 450 m² luxury estate with a private beach entrance in a beachfront complex with views to die for.



Please contact us if you wish for further information. Tel: 62-361-284069 Mobile or Whatsapp 62-812-3814014 Email: infoBLRV@gmail.com
Are you tired of traditional investments such as banks and bonds that only offer 1%- 6% per year, which may not keep pace with the real inflation?
Do you want to become rich the way over 60 % of self-made multi-millionaires did?

“Become rich the way over 60 % of self-made multi-millionaires did?”

According to PT. B.A.L.I., one of Bali's leading real estate experts for the past 14 years, who have thousands of satisfied clients, this is the “Second best time to purchase Bali Real Estate this century”.

“Second best time to purchase Bali Real Estate this century”.

Recent recent clarification of Bali real estate laws for foreigners allowing them to obtain control of Bali Real Estate for more than normal life is creating a huge new demand for Indonesian and Bali Real Estate.

Coupled with the fact that Bali Real Estate has recently undergone the first correction in modern history with prices down as much as 50 % this may have set the stage for *increases of 20 % to 100 % in the next three to five years.

Free Bali Real Estate Seminar Video:

Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from viewing PT. B.A.L.I’s latest Free Bali Real Estate Seminar Video filmed just a few months ago.

At this seminar PT. B.A.L. I’s Canadian President, a 23 yr. Bali resident, who is married to a fully Licenced Indonesian Notaris reviewed the most recent real estate laws for Indonesians and Foreigners in detail.

He also discussed the Past, Present, and Future of Bali Real Estate.

Click Here to view the latest Free Bali Real Estate Seminar Video
 Free Seminar Topics:
During this Free Bali Seminar Video you will learn about:
>The Past, Present and Future of Bali and Indonesian real estate.

>Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years.

> How to avoid legal problems and make sure a property is safe.



> How to avoid complicated real estate laws - 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 potential of *10% to 20 % per year?

> Discover how you can sell your property fast for the highest prices and lowest commissions.

> 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 $158,888 for a three-bedroom 650 m² 3-bedroom, 4 - bath with private 9 - meter. Pool in Sanur.

> Ridiculously low-priced ocean view building lots starting as low as $25,000 for 500 m².

> Brand New Bali Luxury Retirement Villas starting at 


Note from The Seminar Speaker:


Since many of you have busy schedules and are unable to attend our seminars we think you will find our latest Free Bali Real Estate Seminar Video provides an exceptional education that will help you understand Bali real estate laws and allow you to make some substantial profits from Bali real estate investment.

After living in Bali for 23 years and running a Development and Real Estate Company for the last 18 years plus the fact that I'm married to a full lead licensed Notaris I think you will find that everything that you need to know about Bali Real Estate is covered in this timely seminar.

So, what have you got to lose? It’s Free and very Educational.
Click Here to view the latest Free Bali Real Estate Seminar Video

Feel free to contact me directly for a free private consultation at my office in Sanur.

Lawrence B.M.B, Owner, President, Director

Tel or Whatsapp +628123814014 Email: lawrenceptbali@gmail.com.

Free one-hour legal consultation:
For a free one-hour legal consultation you may contact my Partner & Wife Azizah regarding anything from Indonesian Laws, Establishment of legal companies, securing proper visas, Marital contracts including prenuptial's post nuptial’s, etc.


Tel or Whatsapp +628113864993
Email: balinotarisazizah@gmail.com
Head Office: Jl. Karangsari # 5, Sanur, Bali, Indonesia 80228 Tel. Office: 62-361-284069 Fax: 62-361-270143,
Mobile: or Whatsapp: English: 62-8123814014 Bahasa Indonesia: 62-8113864993 Email: lawrenceptbali@gmail.com Skype: baliagents

Bali Paradise Beach Estates

Coronavirus Special.


Starting at a $8.00 Per Person a

70 -80 % Discount

Enjoy this 450 m2 Four-bedroom, Five bathroom Estate in a quite beachfront complex all to yourself.

Live your dream and wake up to the sound of crashing waves and an amazing view of the sun rising over the Channel Islands.

The stunning 3,200 MTR. Mt. Agung, Volcanic Mountain will reach out and touch you most mornings.

It Is located on a Beach named by the locals as Pantai Purnama which mean Full Mean Beach.

If you book during a full moon you will understand why.
This estate is ideally located only 15 minutes from Sanur and 25 minutes from Ubud, two of Bali's top five resort areas. 

The view from this estate 

Enjoy your own private walkway to the beach. Magical walks on the remote beach which runs for 30 km and the sound of exotic birds will make you never want to leave.

Built by Award Winning Bali Developer:

This luxurious estate was built a few years ago by one of Bali's leading luxury Villa developers. 
He spared no cost and installed solid marble flooring, kitchen tops, and bathroom fixtures.
A key feature of the estate is a 14 meter, 45 ft. private swimming pool which has several areas for children. This will keep you in shape and healthy during this difficult time plus provide hours of pleasure for you and your family. A Gardener and Pool Man is included.
First-class furniture, beds, and bathroom fixtures can be enjoyed throughout.


A two-person Jacuzzi tub compliments the huge master bedroom. 

Guest access: 
Guests can freely walk about the almost 1 Hectare complex which includes private access to the beach.

Other things to note:

Whether you rent one bedroom or four bedrooms you will have private use of the entire four-bedroom estate including a private 14 m swimming pool. 

100% Privacy:

The ground floor with the pool and the gardens are completely enclosed by a high wall which gives you 100% privacy and security.


There is only one other estate in this complex at this time.
Beautiful Saba River Only five minutes walk.
Best of all the only other Estate in the complex is owned by the owners of this rental estate Aziah and Lawrence.

Lawrence is an experienced 17-year Bali hotel manager and his wife is an Indonesian Notaris.

Lawrence is a Superhost on Airbnb. Superhosts are experienced, highly rated hosts who are committed to providing great stays for guests. They also have the Hall of Fame award from Tripadvisor.

The Owners Lawrence and Notaris/Spouse Azizah at their home at Bali Paradise Beach Estates

Interested parties please contact me. Lawrence, directly at 62-8123814014 Email: lbptbali@gmail.com or our Rentals Manager Yanthi at +62 815-5890-0389 or our Reception at PT Bali Luxury Villas at 62-361-284069

Prices are up to 70 % off Normal for the next few Months. Start at $8.00.
*Prices does not include 11% tax or electricity.

Limited Villas Book Now to Avoid Disappointment:

Interested parties please contact me. Lawrence, directly at 62-8123814014 Email: lbptbali@gmail.com

Or our Rentals Manager: Yanthi at +62 815-5890-0389 or our Reception at PT Bali Luxury Villas at 62-361-284069



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