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

Seminar Topics:

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: or Tel: Office: 62-361- 284069 For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177

Thursday, 16 November 2017

Private homes for sale likely to double in 1 to 2 years

Best Asia real estate Editor's comments;

I was beginning to wonder whether I should change my forecast for Singapore real estate based on recent buying news. 

After hearing the fact that home supply will increase almost twice as much. according to a minister from Singapore leads me to believe that Singapore's long real estate downturn will continue and may even decrease exponentially.

You cannot have a 100% increase in supply without a corresponding 100% increase in demand and not have a downturn.

National Development Minister Lawrence Wong with Redas president Augustine Tan during the association's 58th anniversary dinner last night.

The number of private residential units available for sale is expected to at least double in the next one to two years, National Development Minister Lawrence Wong said at a dinner gathering of developers yesterday.

A large portion of the supply will come from the redevelopment of projects sold en bloc, on top of that coming from the ongoing Government Land Sales (GLS) programme. With more than enough supply to meet housing demand, Mr Wong urged buyers to do their homework before making a purchase.

To drive home his point, he noted that the vacancy rate for private residential units has been at above 8 per cent for almost two years. The last time vacancies were at such elevated levels was more than 10 years ago, in 2005.

"What this means is that, in terms of actual physical units, there are currently more than 30,000 vacant private housing units - all still looking for occupants," he said.

"This is more than the total number of dwelling units in the whole of Bishan today."

Mr Wong was speaking at the 58th anniversary dinner of the Real Estate Developers' Association of Singapore (Redas), where he again sounded a word of caution to developers on the risk of over-aggressive land bids.

He reminded them as well of the need to deliver properties of good workmanship, and hinted at possible actions against those who compromise on quality.

Mr Wong said that with land prices being high and a requirement for developers to complete the sale of a project within five years of the site being awarded or incur additional stamp duties, profit margins could come under pressure, and developers might be tempted to compromise on construction quality.

While the vast majority of developers are too responsible to do this, the Government has received feedback from time to time about some which do not meet expected quality standards, he said, adding that he had asked the Urban Redevelopment Authority and Building and Construction Authority to step up their checks.

For developers with a poor track record, the Government will consider further measures to hold them to higher standards of accountability, for instance, by making it a condition of their licence that they obtain Quality Mark certification for their projects.

The Government may even disallow these developers from launching units for sale until it is certain that they are committed to meeting acceptable standards, though he also gave an assurance that in working out these tighter regulatory measures, the Government is mindful not to add to overall regulatory costs.

Mr Wong said the Government strives to strike a balance between monitoring the property market with vigilance, while acknowledging there will be ups and downs in it. "As far as possible, we make use of the various levers we have to achieve a more stable and sustainable property market," he added.

Regarding developers' bidding behaviour, Mr Wong said last week in Parliament that higher land bids may not translate to higher selling prices when a project is launched as these are ultimately subject to market demand and supply forces.

Redas president Augustine Tan had a nuanced view of developers' bidding behaviour. He noted that in the purchase of sites from the GLS programme or private collective sites, the market has seen "different risk appetites of developers who had different views on how supply and demand would pan out".

Correction note: An earlier version of the article wrongly attributed a quote to Mr Lawrence Wong. We are sorry for the error.
A version of this article appeared in the print edition of The Straits Times on November 15, 2017, with the headline 'Private homes for sale likely to double in 1 to 2 years'. Print Edition | Subscribe

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