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Housing Residence in Bandung

There is plenty of Housing Residence around Bandung; there are lots and lots of it. Some are in compliance with regulatory requirements, some not. Some are members of associations related to property such as REI (Real Estate Indonesia) and others are single fighter contractors.

The consultants that share and create these real estates are members of the Consultant Association of Indonesia known as Inkindo (Ikatan Konsultan Indonesia). The benefit of being a member of these associations is that the members are well known.

The Soekarno-Hatta area including gede bage :
Pratama Asri, D’casa grande, Cipaganti rahayu regency, Graha batu karang, Cipta pesona batu karang, Saturnus regency, Alamanda asri, Bumi adipura, Griya cempaka arum, Bandung inten indah, Bumi panyileukan, Bumi panyawangan, Pinus regency, Batununggal Indah, Graha bukit raya, Saluyu residence, Graha panyileukan asri

Ujung berung and sorrounding:
Ujung berung regency, Villa pasir wangi, Tamansari manglayang regency, Cipaganti dreamland, Bumi asri, Cibiru asri, Bumi orange, Permata biru, Griya mitra cinunuk
Eastern Bandung before Ujung berung (Suci, antapani, arcamanik):
Surapati core, Puri jatihandap residence, Jatihandap regency, Green valley residence, Jatihandap city view, The green padasuka, Pasir layung asri, Giri mekar permai, Arcamanik raya, Nirwana, Anggrek residence, Bandung city view, Tamansari Bukit Bandung, Green Hills Jatihandap.

The Sariwangi Area :
Sariwangi city view, Puncak sariwangi, Griya Amanda, Sariwangi regency, Cihanjuang regency

Dago(Ir H.Juanda Street) and sorrounding:
Cigadung permai, Bojong koneng makmur, Alamanda

Southern Bandung (dayeuhkolot, buah batu, kopo dan sorrounding):
Taman kopo indah (TKI I,II,III), Taman cibaduyut indah, Cijagra indah, Permata sukamukti, Buah batu regency, Permata buah batu, Graha rancamanyar, Permata kopo, Bojong malaka indah, D’amerta, Graha sari endah

The Banjaran :
Griya permata indah,
Soreang Padalarang:
Pondok padalarang indah, Kota baru parahyangan, Graha padalarang indah
Cigondewah:
Rahayu, the garden residence
Cimahi Area :
Puspa regency batujajar, Graha marga asih

Subsidised Apartement in Bandung:
Sanggar hurip (Soekarno hatta area) in Sanggar kencana, Buah batu apartmen park, Kopo Apartments, The edge in Cimahi

Bandung Property

Tips on Selling Property and doing transaction In Indonesia

These are a few tips when dealing property in Indonesia :

  • Make sure it is in good condition. Repainting the walls, fixing leaks, door knobs and mowing the lawn are some list of work that must be done. If it is in superb condition, as the owner we will have confidence while presenting the property. And in whole it will give a higher perceived value.

  • Determining the right market value. This is not an easy task. Whether you want to sell your property or open it for rent, the determining the right price is a challenging task to do. It would not hurt if you ask the market value in your area with a specific condition. That’s the easy way. For more precise valuing of property than you can appoint a property appraiser consultant.


  • The status of Ownership is also an important thing to know. In Indonesia there are largely 2 known different types .They are SHM (Sertifikat Hak Milik –Total Ownership Certificate), foreigners are prohibited to own with this Rights .The other one is HGB (Hak Guna Bangunan – Right for Utilizing the Building) which means we have to extend the Right for a certain period of 20- 30 years. There are also Hak Guna Usaha (Commercial Use Rights) and Hak Pakai (Use Rights).

  • Knowing the tax incurred in a transaction is important. For property selling in Indonesia, you will be charged 5% x NJOP or transaction value , which ever is higher. NJOP stands for Nilai Jual Obyek Pajak which means Selling Value of a Tax Object.


  • Finding the right Authorities for transaction. In Indonesia it is known as PPAT (Pejabat Pembuatan Akte Tanah – Authority Creator of Land Act ). Usually the firm has a certified license to do transaction of property. The firm also usually is a notary. The cost of such service has a variety depending on each case. Minimum payment is around Rp 1.000.000,- equivalent to : USD 107 . This cost includes all the legal documents that will be created upon transaction. This cost is also assuming that we have already prepared the right documents.

  • Some documents that we usually must prepare are : KTP (Kartu Tanda Penduduk - Permanent Resident ID), KK (Kartu Keluarga – The Family List Card legalized), Buku Nikah (Official Marriage Certificate) for married couples, the IMB (Izin Mendirikan Bangunan – License to Build a Building).


  • The final day of transaction called the signing of AJB (Akta Jual Beli –The Buy Cell Certificate). A legitimate transaction of property must coincide the data that is kept in the BPN (Badan Pertanahan Nasional – National Land Authority) to avoid false transaction by parties not owning the property.
Editor

Bandung Property

Welcome To Bandung Property Blog

This is the first article of this Blog. This Blog is dedicated for giving information regarding Investing in Property or Real Estate at whole. And especially (wabilkhusus) property investment in Bandung Indonesia


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