Indonesia Allows Foreigners to Own Houses for Longer

Premhouse.com JAKARTA | Indonesia has allowed foreigners to own houses for up to 80 years in an effort to show a friendlier face to people who might come and bring investment with them. The Cabinet Secretariat said on its website on Tuesday that President Joko Widodo signed a regulation late last year giving foreigners the right to buy a landed house for three decades, with a possible extension of another 50 years.

To be eligible, the foreigner has to live, work, or invest in Indonesia, and “provide benefit” to the country, the cabinet secretariat said. Under previous rules, foreigners could buy houses for 25 years, and extend for a further 25 years. Indonesia has already relaxed ownership rules for apartments, allowing foreigners to buy units worth more than 10 billion rupiah ($720,000). Reuters

What is Condotel?

Premhouse.com JAKARTA | Condotel Law and Legal Definition: a condotel is a lodging that is a hybrid of a condominium and hotel, by being operated as a commercial hotel even though the units are individually owned. A condotel has rental and reservation desks, short-term occupancy, food and telephone services, and daily cleaning services. Rooms in hotels are sold individually to buyers who typically continue renting them to vacationers. In-house management companies rent out the units on behalf of their owners in exchange for a percentage of the rental income. 

We provides the service for condotel for those who are looking for a home away from home! We have the perfect place for you. Our condotel service is established in response to a need for good quality accommodation in Jakarta, which is aimed to provide our clients with the utmost in comfort and relaxation at an affordable price for certain period of time.

Design Muse for Apartments

Premhouse.com JAKARTA | Choosing a look for your apartment takes time and patience. The personal touches you incorporate into the interior design allow your apartment to stand out from the endless lines of mass-produced blocks. 

While you may have some ideas, most of us don’t have a designer’s eye that can pinpoint exactly where that new artwork should go and how big a rug should be. That’s where interior design bloggers can help. As sources of color and theme ideas, the bloggers listed below are a sample of different ways to create that chic professionally designed look for your apartment without an overbearing designer in your home.

Premhouse Useful Information | Property Tips

The growth in annual demand within the Jakarta residential market is predicted to outpace supply growth in 2012 and 2013 and lead to a continuation of the land price increases in all areas. What makes this property sector perform consistently well in spite of Jakartan’s lifestyle shift to high rise living?

The following are excerpts of an interview with property consultant, Cushman & Wakefield, related to the current condition of the Jakarta landed house market: 

Question: What is the current trend in landed house?  

Answer: Positive growth in sales rates was observed in all areas during 2011. The demand growth of landed residential units was still higher than supply growth. In some prominent residential estates, developers trusted track records, access to activity locations and comprehensive infrastructure and facilities were the main considerations in buying decisions. National economic stability and decreasing KPR (housing loan) rates were also supporting factors during 2011, which successfully improved the purchasing motivation of prospective consumers. 

Best Tips to Help You Successfully Buy Your First House

Illustration (Image courtesy of renjith krishnan at FreeDigitalPhotos.net) 

Jakarta – Owning your own home in Depok can be very rewarding. Home ownership has proven to be a prominent way to build one’s wealth, apart from being a way to create wonderful memories with family and friends. Of course, there’s a lot that goes into buying one’s first house. If you will soon be a first-time homeowner, preparation is key when finding a house that suits your needs.

The first step you should take is to create a checklist of all the qualities you expect in a house. This action sets the foundation for the home buying process by encouraging you to assess your needs as well as your wants, according to Fox Business. Your checklist should include must-haves, nice-to-haves, and other necessities, for a well-rounded outline. Once you have a comprehensive list put together, print it out and take it with you on trips to view different houses on the market. When going through each house, you can check off every note you made that applies to the house’s overall quality.

Lifestyle Concept for Jakarta Property Week 2015

Jakarta Property Week 2015 presented a new approach of a property exhibition concept. We have merely known that property expo has been held very often, not only in Jakarta but also in other big cities in Indonesia, include Bandung, Surabaya, Medan, etc. But the people today seems to be willing to experience something new when they go and visit such large scale expo. In regard to this, the online portal www.rumah123.com has initiated to organize Jakarta Property Week 2015. What is the difference in comparison with previous ones? Let's have a look! 

Jakarta Property Week 2015, is held in Balai Kartini Jakarta, on September 17th to 20th 2015, with a quite different theme, i.e. lifestyle, which relates to buying, building and living, as well as an option of preferable destinations of where people will find a property as the main concept.

Info Expat | Know About Jakarta

Jakarta is administratively divided into the following named districts:

• Central Jakarta (Jakarta Pusat) - An aptly named district and the site of Jakarta's symbol, the National Monument. The old part of Jakarta (Batavia), The Presidential palace, office buildings, hotels, Mangga Dua shopping centre, Bundaran HI (Hotel Indonesia Traffic Circle) and the elite Menteng residential area are all found in Central Jakarta.

• West Jakarta (Jakarta Barat) - Jakarta's Chinatown, this district includes museums, trading centres, nightlife entertainment centres, shopping centres and malls. This is also the site of Jakarta's old town.

• South Jakarta (Jakarta Selatan) - Where you can find upscale shopping centres, malls, restaurants, hotels, nightlife the entertainment centre, Blok M, Senayan sports complex, and affluent residential areas.

• East Jakarta (Jakarta Timur) - Location of Taman Mini Indonesia Indah, Utan Kayu art community, Cibubur camping ground, industrial parks and Halim Perdanakusuma airport.

• North Jakarta (Jakarta Utara) - Beautiful Thousand Islands, Ancol Bayfront City, and Kelapa Gading shopping centres.

Purchase of Property by an Expat or Indonesian Couple

The crucial preparation for purchasing property is whether or not the Indonesian spouse and the expat spouse have a prenuptial agreement for separation of property. If you do have this agreement, it would mean that the couple could legally purchase the property. This agreement must be signed before you are married.

Under Indonesian law property is jointly owned after marriage, unless there is a prenuptial agreement, and this means that property owned by the Indonesian spouse also becomes the property of the foreign spouse, which is illegal according to the Agrarian Law. Therefore the property must be sold within one year of marriage to a foreigner or converted from "hak milik" (right of ownership) to "hak pakai" (right of use) which decreases the value of the property. (Pasal 26 ayat 2) 

Using an Indonesian Nominee/Friend to hold your Title 

Another way that you can purchase a condo is by paying for the property but putting the title in the name of an Indonesian citizen. Needless to say, this must be someone you trust implicitly since, according to the law, this person would be the legal owner, no matter what verbal or written agreement that you may have between the two of you.

Buying Property in Indonesia

For many years Indonesia has decreed that land in Indonesia can only be owned by Indonesian citizens. Thus, if you want to buy a house (as a foreigner), this would have been legally impossible.

In the late 90s, new laws were enacted so that foreigners are permitted to purchase apartments and office space in Indonesia, IF the building has a strata title status. This enables the foreigner to own the apartment or office space but not the land on which it stands.

Further laws were passed in 2010 which may make it easier for expats to hold 70-year leases on land, but the particulars/interpretation/implementation of the law isn't always clear.

Indonesian Agrarian Law, Law No. 5 of 1960, governs the ownership of land in Indonesia. In it is a category of land ownership called "Hak Pakai" which mean the right to build on/use the land.  As stated in this law, foreigners are only permitted to purchase land or homes under the “Right to Use” (Hak Pakai) title.

Enjoying the Green Views around Pondok Indah!

Pondok Indah is the closest neighborhood to the Cilandak campus of Jakarta Intercultural School. Stately mansions line the major thoroughfare of Jl. Metro Pondok Indah, just south of Pondok Indah Mall I, II and III. A well planned community with tree-lined streets. Although it is a newer neighborhood compared to the Kemang or Cipete areas, the houses often lack the backyards that are a much enjoyed asset in the older expat neighborhoods. 

The commute to the the Golden Triangle could be as long as 45 minutes to one hour, depending on your destination and traffic congestion. Commute time to the British International School from the Pondok Indah area is around 45 minutes, however because the commute is going against the flow of traffic into the city, typically it is a smooth commute.   

Living in Apartment in the Center of Jakarta | Batavia Apartment

Batavia Apartment located in Central Jakarta, provides such a concept of serviced residences for expatriates who living or staying in Jakarta. The location is strategic since it is close to the heart of the Golden Triangle, Jakarta's business district. 

Batavia Apartment serviced residences offer various kind of the amenities and services of a five-star hotel, while living amongst a community of expats from around the world. Hence it has become a premier housing choice for some expatriates. The extensive facilities cater to its tenants' recreation, leisure and business needs include inhouse mini market, restaurant, pool side bar, internet access and 24 hours security. For sport lovers, there are swimming pool, tennis court, squash court, sauna, jacuzzi, masseuse and street basket ball court provided. 

Batavia Apartment | Good Unit and Good Furniture

Batavia Apartment provides such a concept of serviced residences for expatriates who living or staying in Jakarta. The location is strategic since it is close to the heart of the Golden Triangle, Jakarta's business district. Batavia Apartment serviced residences offer various kind of the amenities and services of a five-star hotel, while living amongst a community of expats from around the world. Hence it has become a premier housing choice for some expatriates.


The extensive facilities cater to its tenants' recreation, leisure and business needs include inhouse mini market, restaurant, pool side bar, internet access and 24 hours security. For sport lovers, there are swimming pool, tennis court, squash court, sauna, jacuzzi, masseuse and street basket ball court provided.

Living in Pondok Indah Exclusive Area of Jakarta

Stately mansions line the major thoroughfare of Jl. Metro Pondok Indah, just south of Pondok Indah Mall I, II and III. A well planned community with tree-lined streets. Pondok Indah is the closest neighborhood to the Cilandak campus of Jakarta Intercultural School. Although it is a newer neighborhood compared to the Kemang or Cipete areas, the houses often lack the backyards that are a much enjoyed asset in the older expat neighborhoods. 

The commute to the the Golden Triangle could be as long as 45 minutes to one hour, depending on your destination and traffic congestion. Commute time to the British International School from the Pondok Indah area is around 45 minutes, however because the commute is going against the flow of traffic into the city, typically it is a smooth commute.

House Hunting Tips in Jakarta

In Jakarta, the easiest way to find a house or an apartment is to use an agent. Alternatively, you can find ads for houses and flats for rent in the Jakarta Post newspaper. You can also find a lot of homes for rent (through agents) at the website  www.premhouse.com. If you are on a limited budget, finding a home on your own and negotiating a lease directly with the house or apartment owner, may cost you less, as the owner saves the fee that the agent usually gets. Small towns around the country will often not have property agents, and oftentimes also not many houses for rent, but the people in your workplace can help you find a place. In most cases the rent can be negotiated - whether you find your home through an agent or on your own.

Following are some tips and information that may be helpful for those who have recently arrived. The information is mainly geared to people who will be staying in Jakarta, but some of the info can be useful also if you are settling in other parts of Indonesia.

Dream of a Place at Casa Grande

Casa Grande Residence is one superblock concept developed at Casablanca on a land area of 9.5 hectares and is equipped with all facilities available including grand lobby, private elevator access, swimming pool, swimming kids, jacuzzi and exercise, fitness room, jogging track, children playground, barbecue area, gazebo and other facilities. You will definitely enjoy the beauty of moderm minimalist concept remarkable in Casa Grande Residence.

Enjoying your inner city living unobstructed was merely just an imagination. Dream of a place where you could sit back and relax, nestled in your private space after a long and productive day. Placed at an outstanding address provides convenient access to a full range of retail neighborhood; from local shops to major shopping centers, services, amenities and transport. Strategically located at the prestigious south Jakarta, Casa Grande Residence gives you easy access both to business district and industrial area as well, with only few minutes from the highway and also the downtown.

If you're looking for apartment for sale in Casa Grande Residence please check this one which may suit to your need!

Premhouse SmartMap | Apartment for Living in Permata Hijau

Permata Hijau at Simprug is around 20 minutes from end of Jl. Sudirman where you can find beautiful house for rent or house for sale at a well planned area that have wide, tree-lined streets, good infrastructure and green view. The shopping malls nearby include ITC Permata Hijau, Beliza Shopping Center, Senayan City, Plaza Senayan and Gandaria City. The View at Pakubowono is one of most popular apartment for rent besides The Somerset at Jl. Panjang which connects it to the Pondok Indah and Jakarta International School. The roadway to access Permata Hijau is typical, that is highly congested due to busway service.

Kemang Neighborhood and Apartment for Sale

Well, if you call Bangka which located at Kemang area, it is an area that traditionally has been popular to be Jakarta’s expatriate community to live in. This area provides availability of generous facilities, business center and the international school close by, as well as western supermarkets, like Kemchicks, Hero Kemang and Gourmet Garage, as well as a myriad of popular restaurants and bars. 

Premhouse SmartMap | Apartments for You, Located at Thamrin area, Central Jakarta

Apartment for rent at Thamrin City area includes several apartments: Cosmo Mansion, Cosmo Residences and Cosmo Terrace which are on top of Thamrin City shopping mall. Then there are Thamrin Residence Apartment that has five apartment towers and Thamrin Executive Apartment (they are quite creative with the naming, right?). All nine apartments in this area form the Thamrin City Area, just a walking distance to Grand Indonesia Shopping Mall and Jalan Thamrin and Sudirman.

Living in Duren Sawit Area in East Jakarta

Refer to Wikipedia, Duren Sawit is a subdistrict (kecamatan) of East Jakarta, Jakarta, Indonesia. The rough boundaries of Duren Sawit are I. Gusti Ngurah Rai road to the north, Kali Sunter to the west, and Kali Malang to the south. The subdistrict borders the subdistricts of Jatinegara to the west, Cakung and Pulo Gadung to the north, and Makasar to the south, and Bekasi to the east. Duren Sawit was part of Jatinegara Subdistrict until 1990. The subdistrict of Duren Sawit was established with the issuance of Presidential Decree No. 60 year 1990.

If you're looking currently for property here, a house unit available for sale in Duren Sawit area, with a great condition. For further information, please contact Premhouse Marketing: +Eta Maryani at +62-819-3292-2101 or  +62-852-15056858 | BB PIN 74196afa or email eta@mediapura.com

Elegant Property in Pondok Indah Area

The commute to the the Golden Triangle could be as long as 45 minutes to one hour, depending on your destination and traffic congestion. Commute time to the British International School from the Pondok Indah area is around 45 minutes, however because the commute is going against the flow of traffic into the city, typically it is a smooth commute. 

While a lot of the appeal for you is the proximity to the school, it really is pretty nice to live in Pondok Indah area. The neighborhood is frequent and there is also a lot less open burning of trash, which is nice. You can run outside on well-maintained, low traffic streets, surrounded by trees, instead of stepping across broken asphalt worrying that you will have to jump into a filthy canal to avoid the motorcyclist whizzing by. That's a huge benefit that makes nearly every day significantly more pleasant!