Close
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: Bali Real Estate Out of Control?
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
Saved from the Satay Grill
Bali Water Police Rescue 51 Endangered Green Turtles
(11/21/2014)
Man of the People
President Joko Widodo Flies Economy to Attend Son’s Graduation in Singapore
(11/21/2014)
A Dozen Years for Homicide
19 Year-Old Male Prostitute who Killed American Paul Latourell Sentenced to 12 Years Prison
(11/21/2014)
Fire in Ubud
Massive Fire Destroys Clear Café and Five Nearby Homes in Ubud, Bali
(11/21/2014)
Gone, Fishing
High School Boy Drowns While Fishing at Serangan Island in Bali
(11/21/2014)
Poste Restante for Pick Up in 5-20 Years
Bali Customs and Police Arrest Local Woman for Receiving Narcotics by Parcel Post
(11/21/2014)
In the Event of an Actual Emergency
Bali Airport Bombed, Burnt and Crashed Into in the Course of a Single Day’s Safety Drill Simulation
(11/22/2014)
Become a Rock ‘N Roll King
Bali Hard Rock Hotel Rolls Out Venues and Services for their VIP ‘Rock Royalty’
(11/22/2014)
The Ferry Godfather
Ferry Tariffs Increase Between East Java and Bali
(11/21/2014)
Sanur Welcomes the Fairmont Sanur Beach Resort
Fairmont Hotels and Resorts Take Charge at Regent Sanur Beach Resort
(11/21/2014)
Asia-Pacific Airlines to Gather in Bali
Garuda and Bali Indonesia to Host 59th Association of Asia-Pacific Airlines Meeting November 12-13, 2015
(11/21/2014)
Current News
73-Year-Old Dutch Tourist Drowns Off Legian Beach in Bali
(11/21/2014)
All [News]!