TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Bali Property Market Skyrocketing

Category: Real estate, Posted:11 Apr 2011 | 06:00 am

Asia's popular tourism destination Bali is experiencing unparalleled growth in its real estate market.
Spending the last week on the island doing research we found that sales pace for 2010 and for the first quarter of 2011 remains high. One key segment is the condo hotel or commonly referred to condotel segment with over 4,000 units in the market.
Indonesian buyers mostly from Jakarta are flocking to these both for investment and lifestyle/usage.
Branded projects in the sector include names such as Anantara, Outrigger, Ramada, All Seasons, Pullman, Citadines and Aston.
Up on the luxury level million dollar offerings with chain management by Banyan Tree, Bvlgari, Starwood's W and a soon to launch Westin project are seeing activity from both domestic and overseas purchasers.
Unlike Phuket which has limited traction from Thai buyers for resort grade real estate, Indonesian's remain keen on financial returns, capital appreciation and complimentary holidays.
From a cyclical standpoint demand is outpacing supply with resale's on a marketwide basis still the vast minority of transactions.
Clearly soaring tourism numbers and hospitality led residential products are filling a niche with average room rates that far exceed those in Phuket at the moment.
Sentiment remains positive and expectations are for double-digit growth are expected for the remainder of the year.

Other News

Read more

The C9 Sessions – The Growth of Branded Residences in the Philippines

Category: Real estate, Posted:23 Jan 2025 | 11:33 am Branded residences and mixed-use projects are becoming a significant player in Philippines’s hospitality space. As property developers, real estate investors and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute learning session about all the moving parts in this rising marketplace. The session will feature […]
Read more

Video Sessions From Thailand Tourism Forum 2025

Category: Hotels|Real estate|Tourism, Posted:22 Jan 2025 | 08:18 am In case you missed the Thailand Tourism Forum 2025 in Bangkok last week or did attend, and want to rewatch some sessions please find video links to all below. The event drew over 1,000 attendees and was the 14th year for TTF. We look forward to returning in 2026, but for now please enjoy the […]
Read more

Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]
SiaJai logo

Thailand's Leading Homecare Marketplace