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Summer time and the living is certainly not easy. Many of Bali’s agents and developers are gearing up for what they confidently expect to be a hectic commercial pe¬riod. With the number of arrivals into Bali steadily in¬creasing there are reasons to be cheerful, the Bali BUZZ is reverberating in my ear. So, what has HOT! got in store this issue: Quite a lot actually, we’re taking a special look at additional de¬sign components for your vacation property: How to “Light up your life” with some excellent information and tips directly from two of Bali’s most sought after lighting designers and manufacturers. Landscaping the tropical vista, we asked Landscape Architects, what it takes to create that wow factor, with comments from no other than the man himself Made Wijaya as well as Andrew Folland and John Pettigrew, all who have impressive resumes, plus we look at the feel good factor, discovering how colour can positively affect your moods in “Living Colour”.
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60.
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RM 2
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WIN 2 NIGHTS IN LUXURY VILLAYOU AND UP TO FIVE FRIENDS IN A BEACH FRONT VILLA
83DESIGN CHALLENGESFIVE ARCHITECTS FOUR LOCATIONS
60SMARTEN UPYOUR HOMEHOMES THAT DO EVERYTHING FOR YOU
34VILLA LICENSING FACTSEVERYTHING YOU NEED TO KNOW BEFORE YOU BUILD
88SANUR GETS A SHOT IN THE ARMTHIS SLEEPY VILLAGE GETS A MUCH NEEDED MAKE OVER
24
THE COMPLETE GUIDE TO REAL ESTATE IN BALI vol. 4 I Summer 2006
FORD ESCAPETHE POWER TO PLAY
FORD FOCUSIT BEGS TO BE DRIVEN
FORD EVERESTPERFECT FOR FAMILY ADVENTURE
FORD RANGERSTILL UNBEATABLE
Ford Denpasar Superstore - PT. Sumber Sukses Mobilindo Sejahtera - Authorised Dealer for Bali, NTT, NTB Telephone: +62 (0) 361 746 4149, + 62 (0) 815 810 6090 - email: [email protected]
No Boundaries
FORD ESCAPETHE POWER TO PLAY
FORD FOCUSIT BEGS TO BE DRIVEN
FORD EVERESTPERFECT FOR FAMILY ADVENTURE
FORD RANGERSTILL UNBEATABLE
Ford Denpasar Superstore - PT. Sumber Sukses Mobilindo Sejahtera - Authorised Dealer for Bali, NTT, NTB Telephone: +62 (0) 361 746 4149, + 62 (0) 815 810 6090 - email: [email protected]
No Boundaries
HOT! Summer 2006 6
A TAILOR-MADE
LUXURY EXPERIENCE....
Jakarta: +62 21 570 71 70 Bali: +62 361 738 747
[email protected] • www.PantaiSelatanEstate.com
Seven custom designed luxury villas on absolute cliff-front freehold lots from 2300 to 3500sqm within an estate of unparalleled features and services.
• Clubhouse with business center and gym
• Two tennis courts
• Helipad
• Bakery and cafe
• Putting green and practice bunker
• Private funicular rail access to white sandy beach below
• 5-Star professional management – staffing includes butlers, private chefs, and chauffeurs
Expressions of interest welcome now on the remaining two villas.
30Contents
Front Cover Photograph: Villa Laeticia, Bukit
Publisher: PT. Dua Dewata Bali - PO. Box 3033 - Denpasar, Bali 80030 Indonesia - Fax: +62 361 703 336
Information and Editorial: [email protected] +62 817 067 0069 Website: www.hotpropertybali.com
Magazine Design by: MINDUSTRY
International Distribution: Gold Key Media Asia Ltd.
Indonesian Distribution: Java Books
HOT! Property Bali is published quarterly by PT. Dua Dewata, Bali, Indonesia, No. 220817003302, ISSN 1858-0939. We cannot accept re-sponsibility for any unsolicited contributions. No part of this magazine may be reproduced, in whole or part in any manner, stored in a retrieval system or transmitted in any form without permission. The opinions expressed in the magazine may not be that of the publisher and the publisher cannot be held responsible. HOT! expressly advises seeing a legal professional before entering into any contractual agreements.
SUBSCRIPTIONS: For enquiries, please call +852 2127 7003 or e-mail: [email protected] or Subscribe on line at www.hotpropertybali.com
ADVERTISING: Bali and International Advertising: +62 818 350 515 [email protected]
MARKETUpdateMarket review and predictions for the next quarter
HOTCommentThe Director of Bali Villa Worldwide gives us his take on Hak Pakai ownership title addressed in our last issue
HOTNews
EnvironmentDoes Bali need to Power Up? We look at alternative energy sources
DesignTheatre of lightThe first in a 3-part series detailing how the right lighting can transform your living space, create mood and add atmosphere
10 TipsMaximise your villa’s exterior lighting
RentalUpdate
WinWinWin 2 nights for you and up to 5 guests in a luxury villa
HOTSeatWe discover why picking the right landscaper is just as important as choosing the right architect for your villa project
LegalVilla LicensingA step-by-step guide
DirectoryContact Bali’s agents and service providers.
12
18
20
30
40
46
83
84
90
88
80
46
84
HOT! Summer 2006 6
A TAILOR-MADE
LUXURY EXPERIENCE....
Jakarta: +62 21 570 71 70 Bali: +62 361 738 747
[email protected] • www.PantaiSelatanEstate.com
Seven custom designed luxury villas on absolute cliff-front freehold lots from 2300 to 3500sqm within an estate of unparalleled features and services.
• Clubhouse with business center and gym
• Two tennis courts
• Helipad
• Bakery and cafe
• Putting green and practice bunker
• Private funicular rail access to white sandy beach below
• 5-Star professional management – staffing includes butlers, private chefs, and chauffeurs
Expressions of interest welcome now on the remaining two villas.
30Contents
Front Cover Photograph: Villa Laeticia, Bukit
Publisher: PT. Dua Dewata Bali - PO. Box 3033 - Denpasar, Bali 80030 Indonesia - Fax: +62 361 703 336
Information and Editorial: [email protected] +62 817 067 0069 Website: www.hotpropertybali.com
Magazine Design by: MINDUSTRY
International Distribution: Gold Key Media Asia Ltd.
Indonesian Distribution: Java Books
HOT! Property Bali is published quarterly by PT. Dua Dewata, Bali, Indonesia, No. 220817003302, ISSN 1858-0939. We cannot accept re-sponsibility for any unsolicited contributions. No part of this magazine may be reproduced, in whole or part in any manner, stored in a retrieval system or transmitted in any form without permission. The opinions expressed in the magazine may not be that of the publisher and the publisher cannot be held responsible. HOT! expressly advises seeing a legal professional before entering into any contractual agreements.
SUBSCRIPTIONS: For enquiries, please call +852 2127 7003 or e-mail: [email protected] or Subscribe on line at www.hotpropertybali.com
ADVERTISING: Bali and International Advertising: +62 818 350 515 [email protected]
MARKETUpdateMarket review and predictions for the next quarter
HOTCommentThe Director of Bali Villa Worldwide gives us his take on Hak Pakai ownership title addressed in our last issue
HOTNews
EnvironmentDoes Bali need to Power Up? We look at alternative energy sources
DesignTheatre of lightThe first in a 3-part series detailing how the right lighting can transform your living space, create mood and add atmosphere
10 TipsMaximise your villa’s exterior lighting
RentalUpdate
WinWinWin 2 nights for you and up to 5 guests in a luxury villa
HOTSeatWe discover why picking the right landscaper is just as important as choosing the right architect for your villa project
LegalVilla LicensingA step-by-step guide
DirectoryContact Bali’s agents and service providers.
12
18
20
30
40
46
83
84
90
88
80
46
84
HOT! Summer 2006 �
Please enquire to Elite Havens Sales+62 (361) 738 [email protected]
Located only ten minutes from the popular Oberoi area, this newly-constructed estate is nestled in a Balinese village with greenbelt rice paddy views. The estate is offered for sale with three private villas skirted by a tranquil Ubud-style river setting.
• Freehold title
• Nine bedrooms with ensuite bathrooms
• 3300sqm land and 660sqm floor space
• Each villa has a private 12 to 14m salt water swimming pool
• Three kitchens and adjacent dining areas seating 30 people
• Fully-furnished including two pool tables
• Fitted for rental market
RiversideVILLA ESTATE
SanurFind out why the town lambasted as ‘snore’ has much more to offer. We take a closer look beneath its sleepy veneer, and find a rich vein of culture, both local and imported.
Homes with a mind of their ownYou have to agree that life without a TV remote would be unbearable. How many of us have spent more time looking for it than the time it would take to just reach over? So – although it may sound lazy for now, what if your whole home could be controlled remotely? Smart home technology is advancing quickly. Re-searched and developed initially to cater for the physically disadvantaged and all of us soon to be elderly baby boomers (apparently we’re not having enough kids to look after us), all I say is - bring it on.
In Living ColourColour is just a small part of the vast electromagnetic spectrum that encompasses radio frequencies, microwaves, and light. You may not be aware of it, but colour influences you on a daily basis. Most of us take it for granted, but it surrounds us, penetrating our bodies as light waves. Our daily lives depend on colour: traffic lights or danger warn-ings to name a few. We buy certain products because advertising ap-peals to us on a subliminal level. Colour therapy is not new and has been used for centuries to represent a country’s culture, status and in distinguishing friend from foe. Colour also affects our moods - RED is so powerful that it can make us feel sexy, lustful, or aggressive.
Design ChallengesIn Bali, architects get their fair share of unusual requests, we take a look at some of the more do-able and find out the challenges faced for each.
Features
50
56
24
34
24
34
50
56
HOT! Summer 2006 �
Please enquire to Elite Havens Sales+62 (361) 738 [email protected]
Located only ten minutes from the popular Oberoi area, this newly-constructed estate is nestled in a Balinese village with greenbelt rice paddy views. The estate is offered for sale with three private villas skirted by a tranquil Ubud-style river setting.
• Freehold title
• Nine bedrooms with ensuite bathrooms
• 3300sqm land and 660sqm floor space
• Each villa has a private 12 to 14m salt water swimming pool
• Three kitchens and adjacent dining areas seating 30 people
• Fully-furnished including two pool tables
• Fitted for rental market
RiversideVILLA ESTATE
SanurFind out why the town lambasted as ‘snore’ has much more to offer. We take a closer look beneath its sleepy veneer, and find a rich vein of culture, both local and imported.
Homes with a mind of their ownYou have to agree that life without a TV remote would be unbearable. How many of us have spent more time looking for it than the time it would take to just reach over? So – although it may sound lazy for now, what if your whole home could be controlled remotely? Smart home technology is advancing quickly. Re-searched and developed initially to cater for the physically disadvantaged and all of us soon to be elderly baby boomers (apparently we’re not having enough kids to look after us), all I say is - bring it on.
In Living ColourColour is just a small part of the vast electromagnetic spectrum that encompasses radio frequencies, microwaves, and light. You may not be aware of it, but colour influences you on a daily basis. Most of us take it for granted, but it surrounds us, penetrating our bodies as light waves. Our daily lives depend on colour: traffic lights or danger warn-ings to name a few. We buy certain products because advertising ap-peals to us on a subliminal level. Colour therapy is not new and has been used for centuries to represent a country’s culture, status and in distinguishing friend from foe. Colour also affects our moods - RED is so powerful that it can make us feel sexy, lustful, or aggressive.
Design ChallengesIn Bali, architects get their fair share of unusual requests, we take a look at some of the more do-able and find out the challenges faced for each.
Features
50
56
24
34
24
34
50
56
HOT! Summer 2006 10
PUBLISHERSummer time and the living is certainly not easy. Many of Bali’s agents and developers are gearing up for what they confidently expect to be a hectic commercial pe-riod. With the number of arrivals into Bali steadily in-creasing there are reasons to be cheerful, the Bali BUZZ is reverberating in my ear.
So, what has HOT! got in store this issue: Quite a lot actually, we’re taking a special look at additional de-sign components for your vacation property: How to “Light up your life” with some excellent information and tips directly from two of Bali’s most sought after lighting designers and manufacturers. Landscaping the tropical vista, we asked Landscape Architects, what it takes to create that wow factor, with comments from no other than the man himself Made Wijaya as well as Andrew Folland and John Pettigrew, all who have
impressive resumes, plus we look at the feel good factor, discovering how colour can positively affect your moods in “Living Colour”.
Location wise we take a short trip over to the east coast and take a fresh look at the sleepy, or should I say relaxed village charm of Sanur.
Plenty of new developments and projects are now com-ing on-line, so still plenty of choice and check out HOT! Comment, an interesting rebuttal to our previous legal article on Hak Pakai from Bali Villa Worldwide, (thanks, we do appreciate the feedback) and last but not least a great easy to enter villa competition sponsored by the Elite Havens Group.
Enjoy!
Subscribe and never miss out
on a HOT! Property in Bali.
Subscribe online at:
www.hotpropertybali.com
For enquiries, please call
+852 2127 7003
or e-mail:
letter
HOT! Summer 2006 10
PUBLISHERSummer time and the living is certainly not easy. Many of Bali’s agents and developers are gearing up for what they confidently expect to be a hectic commercial pe-riod. With the number of arrivals into Bali steadily in-creasing there are reasons to be cheerful, the Bali BUZZ is reverberating in my ear.
So, what has HOT! got in store this issue: Quite a lot actually, we’re taking a special look at additional de-sign components for your vacation property: How to “Light up your life” with some excellent information and tips directly from two of Bali’s most sought after lighting designers and manufacturers. Landscaping the tropical vista, we asked Landscape Architects, what it takes to create that wow factor, with comments from no other than the man himself Made Wijaya as well as Andrew Folland and John Pettigrew, all who have
impressive resumes, plus we look at the feel good factor, discovering how colour can positively affect your moods in “Living Colour”.
Location wise we take a short trip over to the east coast and take a fresh look at the sleepy, or should I say relaxed village charm of Sanur.
Plenty of new developments and projects are now com-ing on-line, so still plenty of choice and check out HOT! Comment, an interesting rebuttal to our previous legal article on Hak Pakai from Bali Villa Worldwide, (thanks, we do appreciate the feedback) and last but not least a great easy to enter villa competition sponsored by the Elite Havens Group.
Enjoy!
Subscribe and never miss out
on a HOT! Property in Bali.
Subscribe online at:
www.hotpropertybali.com
For enquiries, please call
+852 2127 7003
or e-mail:
letter
HOT! Summer 2006 12
MARKETUpdate
Is the BUBBLE back? Sifting through
the speculation,
concerns, whispers, rumors
and rhetoric: What exactly
is the status of Bali’s property market
since the bomb attacks last October?
Story by: Robin Lopez
Prior to the second Bali bombing in October, 2005, the business of property
acquisition, development and market-ing here was soaring. The island was quickly earning the reputation as being an investment hot bed for Asia, if not the world. The number of transactions became so staggering that whispers began – when will the Bali bubble burst? Real estate analysts spoke up, “burst?” they said, “the bubble has barely begun to form.” Such was
the climate preceding the tragic events that October night. The question on eve-
ryone’s mind immediately after was; what effect has the event had on the market? Has
the burgeoning bubble lost its air? What does the future hold?
According to Mathew Georgeson, Sales Director at Elite Havens – one of the island’s leading real estate
firms – Bali’s property market is comprised of three general sectors, top end private residences, land ac-
quisition development and project marketing, whereas each has been affected, or not, in different ways de-pending on their intrinsic characteristics and dependant variables.
“There was definitely an immediate and lasting effect on project marketing,” says Georgeson, refer-ring to the section of the real estate market here that focuses on occupancy dependant investments such as managed rental villas. “Most people who are invest-ing in these types of properties want their money working for them,” he adds, but the uncertainty clouding the tourism sector caused potential investors to question whether or not occupancy goals would be met in order to realise the needed income to acquire the promising ROI realised prior to October 2005.
Andy Gray, Sales and Marketing Manager at Paradise Property, another key player in Bali’s real estate agrees. “After the second bomb, this market basically sat in limbo,” says Gray, whose portfolio includes some of the island’s most recognisable properties. “Once April came around, we started seeing a significant improvement.”
HOT! Summer 2006 12
MARKETUpdate
Is the BUBBLE back? Sifting through
the speculation,
concerns, whispers, rumors
and rhetoric: What exactly
is the status of Bali’s property market
since the bomb attacks last October?
Story by: Robin Lopez
Prior to the second Bali bombing in October, 2005, the business of property
acquisition, development and market-ing here was soaring. The island was quickly earning the reputation as being an investment hot bed for Asia, if not the world. The number of transactions became so staggering that whispers began – when will the Bali bubble burst? Real estate analysts spoke up, “burst?” they said, “the bubble has barely begun to form.” Such was
the climate preceding the tragic events that October night. The question on eve-
ryone’s mind immediately after was; what effect has the event had on the market? Has
the burgeoning bubble lost its air? What does the future hold?
According to Mathew Georgeson, Sales Director at Elite Havens – one of the island’s leading real estate
firms – Bali’s property market is comprised of three general sectors, top end private residences, land ac-
quisition development and project marketing, whereas each has been affected, or not, in different ways de-pending on their intrinsic characteristics and dependant variables.
“There was definitely an immediate and lasting effect on project marketing,” says Georgeson, refer-ring to the section of the real estate market here that focuses on occupancy dependant investments such as managed rental villas. “Most people who are invest-ing in these types of properties want their money working for them,” he adds, but the uncertainty clouding the tourism sector caused potential investors to question whether or not occupancy goals would be met in order to realise the needed income to acquire the promising ROI realised prior to October 2005.
Andy Gray, Sales and Marketing Manager at Paradise Property, another key player in Bali’s real estate agrees. “After the second bomb, this market basically sat in limbo,” says Gray, whose portfolio includes some of the island’s most recognisable properties. “Once April came around, we started seeing a significant improvement.”
