Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Bali Real Estate Out of Control?
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Bali Real Estate Out of Control?

Real Estate Website Sketches the Unhappy Current State of Bali Real Estate.


Bali News:
Click Image to Enlarge

(2/23/2009)

www.property-report.com sounded warnings on the unregulated and unmonitored nature of Bali 's current real estate boom.

Describing Bali as something of a confused landscape peppered with signs offering "absolute beachfront villas" and "eco-friendly hotels," the article correctly points out that "no central resources of real estate information" exist with many developments carried out in "partial secrecy."

The Problem of Autonomy

Quoting the Head of the Bali Tourism Authority, I Gde Nurjaya, from comments made to The Jakarta Post, "our governmental system makes it impossible to collect data on the development, because the regencies are ruled autonomously."

The lack of centralized information also means that Bali's also lacks any coordinated approach to its current building boom, causing questions to be raised on the sustainability of the current rate of development.

While Jakarta Post has identified 15,000 new hotel rooms and "at least" 300 new villas being built on the island over the coming two years, the real number of new rooms coming on line is probably much higher.

Greedy Carelessness

Agung Wardana of the Indonesian Forum for the Environment (WAHLI) complained to The Jakarta Post “the decentralization of Bali's nine regencies has lead to greedy, careless behavior, such as violating laws that have been created to protect the environment."

Will The Last Person to Leave, Please Turn Off the Lights?

The article concludes by saying: "How much longer this pace of development can continue, is a question being asked more and more, by people from all walks of life on Bali. And if the island's attraction dims, it is likely the investors will move on looking for the next tropical island hot spot."

Related Site

[Bali Real Estate - Out of Control?]


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
An Island of Winners
Winners of the 2016 Yak Awards
(12/4/2016)
Taro – Where Elephants are Loved in Bali
Nigel Mason of Bali’s Elephant Safari Park Defends Affection and Positive Reinforcement as the Only Way to Train an Elephant
(12/4/2016)
Overly Ambitious Tourism Targets
A University of Indonesia Economist Faisal Basri Questions if 20 Million Tourist Target by 2019 is Realistic
(12/4/2016)
The Hillsides Are Alive
Petang Area of Bali Under Threat of Isolation Due to Landslide
(12/4/2016)
Spinning Wheels of Protest
Disabled Group in Wheelchairs Travel 17 km to Demand Access for the Disabled
(12/4/2016)
World’s State Bankers to Meet in Bali
Bali to Host Annual IMF and World Bank Meeting in October 2018 - More than 13,000 Expected to Attend
(12/4/2016)
Putting an End to a Boondoggle
Denpasar, Bali Official on Trial for Corrupting Rp. 2 billion in Official Travel Funds
(12/4/2016)
Farewell Grand Nikko, Welcome Hilton Bali Resort
Grand Nikko Brand Exits Bali with Rebranding as Hilton Bali Resort
(12/4/2016)
A Warung that Wows!
Chef Hugo Coudurier Experience at 3-Star Michelin Award Restaurants and his Surfboard to Bali to Open Two New Eateries in Canggu and Echo Beach.
(12/5/2016)
Jenggala at 40
Jenggala Keramic Month-Long Celebration of Four Decades of Magnificent Design
(12/4/2016)
Bill Bailey - Please Come Home to Bali?
Famous UK Comedian Bill Bailey to Perform at Trans Resort Bali on Saturday, December 17, 2016.
(12/4/2016)
And the Sea Rushes In
The Lovina Bali in North Bali Defends Installation of Temporary Breakwater as Needed to Stop Beach Erosion
(12/4/2016)
All [News]!