There’s been quite a buzz lately about the property market in Bali. Some reports claim that things are slowing down, with land prices dropping and villas sitting empty. With the global economic turbulence affecting many sectors, it’s easy to assume Bali might be facing the same fate. But is this really the case?
If you’ve been thinking about investing in Bali or just curious about what’s happening, this article is for you. We’re going to take a closer look, based on facts and local insights.
A Glimpse at the Claims: Falling Prices and Unsold Villas
The talk on the street — and in some news outlets — is that Bali’s once-booming property scene is starting to feel the crunch. Some say land prices have dropped by around 20%, and villas that were once in high demand are now harder to rent or sell.
Tourism is a major player in Bali’s property market. When fewer tourists come in, especially after global crises or travel restrictions, the ripple effects are felt in villa rentals and occupancy rates. This naturally sparks concern among property owners and investors. And understandably so — if your income is tied to property or tourism, any dip in numbers can feel alarming.
However, before jumping to conclusions, it’s important to dig a little deeper.
REI Bali Sets the Record Straight
While it’s true that some areas may see changes in demand, the Chairman of the Indonesian Real Estate (REI) Bali, A.A Darma Setiawan, has stepped in to clarify things. According to him, the news about Bali’s property market being sluggish is simply not accurate.
In fact, he confidently denied the claim, emphasizing that the property business in Bali is still active and showing signs of stability. He noted that Bali remains one of Indonesia’s most attractive destinations for both local and international investors. The island’s charm, infrastructure growth, and constant appeal to tourists continue to support a healthy real estate market.
So, what’s really going on?
What Might Be Causing the Confusion?
First, let’s consider the natural ebb and flow of any property market. There are always going to be ups and downs, especially in a place that relies heavily on global tourism. A temporary dip doesn’t always mean long-term decline. It could be seasonal, or the result of short-term events like inflation or shifts in international travel trends.
Another possible reason for the mixed messages is the type of property being discussed. Luxury villas designed for short-term rentals might be facing stiffer competition. Meanwhile, residential properties or long-term investment plots may still be holding strong — or even increasing in value.
In other words, we need to look at the whole picture.
Why Bali Still Attracts Property Investors
Despite the noise, Bali remains a top destination for property investment in Southeast Asia. The island offers more than just beaches and rice paddies. It’s a lifestyle hub, a spiritual retreat, and a cultural treasure — all rolled into one. These qualities keep both tourists and expats coming back.
Plus, there are ongoing improvements in infrastructure, digital nomad-friendly policies, and the return of direct international flights. All of these contribute to the sustained appeal of Bali’s property scene.
For many investors, this means opportunities still exist — especially for those playing the long game.
So, What Should You Do if You’re Considering Buying Property in Bali?
If you’re thinking about entering Bali’s property market, don’t let the headlines scare you. Do your research, talk to local experts, and look at the data, not just the rumors. Markets fluctuate — that’s normal. The key is understanding where the real opportunities are.
And don’t forget, Bali is a diverse island. What happens in one area like Ubud or Seminyak might not reflect what’s happening in Canggu or Sanur. Location matters, as does the purpose of the property — whether it’s for living, renting, or development.
In short, Bali’s property market may be evolving, but it’s far from sluggish. If anything, it’s shifting — and with that shift comes new chances for those paying attention.
Final Thoughts: Stay Informed, Not Alarmed
Rumors can spread fast, especially in the digital age. But when it comes to something as significant as property investment, it’s important to stay grounded in facts. The situation in Bali is more nuanced than just a drop in land prices or empty villas.
According to REI Bali and other local sources, the property business is far from collapsing. In fact, for those with vision and patience, this could be a strategic time to get involved.
So keep your eyes open, stay informed, and who knows — your next great investment might just be waiting on the Island of the Gods.