Investing in Buleleng, Singaraja, and Lovina
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Investing in Buleleng, Singaraja, and Lovina

  • FAQ, NEW

Why is investing in Buleleng, Singaraja, and Lovina a good idea?

Apart from the well-known Airport Project in the north of Bali, which got already started, there are plans for a railway connecting Buleleng to the south of Bali.

But let’s have a look at the global situation to understand why

North Bali is in a very special situation

which makes it a great chance for a good investment.

At the moment the prices for real estate are dropping all over the world, due to people who need to sell to pay their mortgages. Banks are taking over the land, houses, and properties far below the real value of those debtors, who cannot pay the rates anymore. Many people try to sell small junks of their properties for a reasonable price, to fulfill their rates in order to keep the majority. By investing in such properties for a reasonable price, one helps debtors in default of payment, because they do not lose it far below value to the bank. And at the same time, you gain a good investment for the future.

The prices in Bali have been quite high, compared to other regions in Indonesia. Bali is a wealthy region, due to a steady income stream through tourism. Bali represents only 3 % of the population of Indonesia, but it creates about 10% of its gross margin. But this is heavily dependent on tourism. And currently, there is no international tourism in Bali, so the prices dropped dramatically.

But the chance of recovery is huge. There is so much construction activity going on in Bali, which reflects the optimism of the locals. And this is especially true for the development in the north of Bali. There are two projects, which will boost the development of the Buleleng region.

1st Reason ✈️ For Investing in Buleleng, Singaraja, and Lovina

DetikFinance reported on September 17, 2020:

Apa Kabar Rencana Pembangunan Bandara Bali Utara?

Translated extract into your language:

What’s New on the North Bali Airport Development Plan?

The government is still continuing the plan to build a North Bali airport. To support the tourism area in eastern Indonesia. The construction of this airport is also included in the new program of the Ministry of State-Owned Enterprises (BUMN).

Deputy Minister (Wamen) of BUMN, Kartika Wirjoatmodjo, said: The Bali Baru airport would later be able to accommodate up to 50 million passengers per year.

“One new project that we will start is the construction of superhub tourism in Bali, for the North Bali airport. To support Ngurah Rai Airport so that we have a capacity to reach 50 million in Bali in the next three years”. He said at the HSBC Economic Forum, Wednesday. (16/9/2020).

The planned passenger capacity of Bali North Airport is more than twice or DPS. 24,200,000 passengers were traveling through Denpasar Ngurah Rai International Airport, DPS in 2018.

North Bali International Airport

 

2nd Reason 🚉 For Investing in Buleleng, Singaraja, and Lovina

JawaPos Radar Bali reported on January 17, 2020:

Bali Seriusi Proyek Kereta Api, Studi Kelayakan Tuntas Dua Bulan Lagi

Translated extract into your language:

Bali Serious Railway Project, Feasibility Study Completed in Two Months

According to the plan, the railway project to be built in Bali is an autonomous rail rapid transit (ART).

The Head of the Bali Provincial Transportation Agency, IGW Samsi Gunarta, stated that in two months the feasibility study would be completed.

He continued, the FS results will determine the proportion of government financing needed to cover infrastructure, rolling stock, and operational costs.

“After the funding is approved by the provincial and central government, the initiator will be determined. Then it will be auctioned off, to get a business entity that will build and operate it,” he explained.

New Bali Railway System To Fuel Economy And Tourism

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