RUMAH DIJUAL - PERUMAHAN MEKARSARI INDAH

2008-11-02T02:58:00.005+07:00

Dijual sebuah rumah di Perumahan Mekarsari Indah - Cimanggis, LT/LB : 200/100, KT : 3, KP : 1, Air : Jetpum, Garasi : 2 mobil, Status : Sertifikat Hak Milik, harga : Rp. 430 Juta pas.
Peminat serius, hubungi: 021-99578872 atau email ke frani2007@gmail.com

HOUSE FOR SALE IN MANGGARAI

2008-10-17T20:43:00.004+07:00

Dijual rumah bertingkat di daerah Manggarai, Jakarta. Luas tanah 100 m2, luas bangunan sekitar 100 m2. Status tanah: HGB. Kamar tidur: 3 di bawah dan 2 di atas. Kamar mandi: 2 (di bawah dan di atas). Listrik 1300 watt, telp: 1 line. Air: PAM dan Jetpump. Harga: Rp 300 juta (nego)

TANAH DIJUAL DI JAGAKARSA

2008-09-26T19:57:00.002+07:00

Dijual tanah di Jagakarsa seluas 585 m2. Lokasi strategis, di pinggir jalan raya. Baik untuk investasi, usaha ataupun rumah tinggal. Harga : Rp 2.600.000,- per m2. Peminat serius hubungi : 021-99578872, 021-3388 9396 atau ke franica2006@yahoo.com http://sellingindonesianproperty.blogspot.com

LAND FOR SALE IN BOGOR

2008-09-26T19:48:00.000+07:00

The land area is 6773 m2. Price: IDR 800.000,- per square meter (negotiable). Located at the strategic area in Bogor Barat. This land can be bought in a part as this land has 3 property certificates : 1773 m2 (in front, road side), 3000 m2 and 2000 m2. But if you want to buy only the front part (1773 m2), the price is IDR 1.000.000,- . However, for this Idul Fitri, the buyer will be given a special discount so the price will be Rp 985.000,-
Interested person can contact Franica at 021-99578872 or email to franica2006@yahoo.com

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Dijual tanah di Bogor seluas 6773 m2. Lokasi strategis, di pinggir jalan raya provinsi. Tanah ini terdiri dari 3 sertifikat hak milik : 1773 m2 (di bagian depan), 3000 m2 dan 2000 m2 (bagian tengah dan belakang).
Jika Anda ingin membeli hanya bagian depannya saja (1773 m2), harga menjadi Rp 1.000.000,- per m2. Tetapi dalam rangka menyambut Idul Fitri, pembeli akan diberi special discount sehingga harga per m2 menjadi Rp 985.000,-. Tanah ini tidak akan dijual sesudah tanggal 3 Oktober 2008. Peminat serius dapat menghubungi: Franica di 021-99578872 atau email ke franica2006@yahoo.com

JUAL TANAH DI BOGOR

2008-09-26T16:03:00.004+07:00

Dijual beberapa bidang tanah strategis di bogor:

Luas 2,7 ha. Harga Rp500.000,-/m2, SHM. Lokasi di Jl. Raya Kemang, di depan Bilabong.
Luas 700 m2. Harga Rp500.000,-/m2, SHM. Baik untuk investasi/usaha. Lokasi di pinggir jalan raya, dekat terminal Bubulak.
Luas 4,3 ha. Harga Rp 600.000,-/m2, SHM, di Jl. Raya Salabenda.

Peminat serius agar menghubungi Franica di 021-99578872 atau email ke franica2006@yahoo.com, frani2007@gmail.com.

PURCHASING PROPERTY IN INDONESIA

2008-09-08T20:36:00.003+07:00

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 now 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.

Purchasing an apartment or office under Strata Title

Ownership of offices and apartments is possible through strata title deeds, but the set of laws and regulations that were enacted in 1996 are clear and clearly allow ownership of an apartment in a high rise building.

The 1996 regulation (No. 41/1966) states that foreigners who reside in Indonesia, or visit the country regularly for business purposes, can purchase a home, apartment or condominium as long as it isn't a part of a government-subsidized housing development. However, foreigners can only hold land-use deeds, and most developments hold right-to-build deeds. As it stands now, it's not possible for someone to have a land-use deed for a sub-unit of a right-to-build deed. The length of these titles varies as well. Therein lies some of the difficulties and unclear ownership issues.

Convertible Lease Agreement

One way for foreigners to go ahead an purchase property despite these legal ambiguities is to sign a Convertible Lease Agreement with the apartment property management office to purchase an apartment. Basically what this agreement entails is that the foreigner may purchase the apartment, but the title is still held in the name of the developer or property management firm. This lease agreement is for a definite period.

The Convertible Lease Agreement states that if and when the prevailing laws and regulations permit the Lessee to become legal owner of the apartment/strata title unit, both the Lessor and the Lessee shall be obligated to sign a Deed of Sale and Purchase and the title shall be transferred to the foreign owner.

Note: When asked about the legality of Convertible Lease Agreements, lawyers we consulted stated very clearly that this is a VERY BAD idea and that lawyer should never advise that you do this. As a foreigner you are entitled to Hak Pakai and you should insist that legal property status from the apartment building or developer so that the title is in your name. With a convertible lease agreement…you are totally at the mercy of the “appointed party” and that if they decide to change their minds you do not have much of a legal case against them as the agreement that the expat has between themselves and the Indonesian "appointed party" is not really a legal document.

If you are interested in purchasing an condominium through this type of agreement, investigate the property management company thoroughly. In the current economic downturn many property developers are undergoing serious economic pressures and construction on many properties has been postponed or canceled. Show your contracts to a bona fide lawyer to ensure that all legal implications are covered and your rights are thoroughly protected. It is best to just insist that the Hak Pakai is in your name..If they can not provide it, it may be because they do not have Hak Bangunan title. If this is the case, DO NOT BUY IT.

Using an Indonesian friend to hold your title

Another way that you can purchase a condo is by purchasing the property and having it 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.

Most lawyers will advise that you should NOT do this as again you do not have any “legal” document that says the property is yours. You are REALLY putting yourself in a vulnerable position.

Single Family Dwellings - Houses

Ownership of single family dwellings faces even greater legal issues as foreigners are not allowed to own land in Indonesia. Where the home you want to purchase is part of a housing development, the developers can often work something out for you to 'purchase' a home through a long term lease agreement.

One reader writes of his positive (and successful) experience in this matter:

“Basically, I hold full title to the house, in my own name. The fact that my wife is Indonesian was not considered (in fact, my wife was not considered at all). She also owns property, and we could see no difference in the title and rights of mine. The developer owns the land the house is built on, and I own a 30-year fully paid up lease on the land, which by law the developer has to extend for a further 30 years on request. At that time they can charge me a nominal rent, which I can opt to pay for now at US $35 per year. I can sell or bequeath (but not sub-lease) the lease together with ownership of the house as I choose. The developer can sell the land, but only under the same covenants as already exist. These provisions apply to Indonesians as well, although Indonesians could purchase the land outright if the developer agreed to sell, and Indonesians could sub-lease the land if they want.

If my wife was not Indonesian, and I was not present in Indonesia for a full calendar year, in theory the state could take my house unless I could prove that reasonable efforts to sell had failed, but just being anywhere in Indonesia for one day would re-set the clock. As my wife is the sole beneficiary of my will and is Indonesian, this rule does not apply in my case.

I purchased the house without finance; I'm not sure what effect there would be in title if you took a loan or mortgage to assist with the purchase. I would imagine getting a mortgage would be the hardest part for a foreigner, and the finance company would definitely retain powers to repossess in event of default. Such things are very closely regulated at home, but they probably have a lot more scope for legally lining their own pockets here. On the subject of payment, I paid the deposit in rupiah cash, because that's what the developer wanted at the time, but then he preferred dollars for the balance, so I paid dollars at a mutually acceptable rate. There are no restrictions on how you pay for a personal transaction - you could pay with groats (or even goats!) if you wanted."

Buying Land

By Indonesian law a foreigner can not own land in Indonesia.

If a foreigner chooses, he/she can own land 'indirectly'. To do this you need to have an agreement between the foreigner and an Indonesian, signed with the witness of a notary public. In the agreement the Indonesian is the 'legal owner' while acknowledging that the foreigner is the 'rightful owner' of the land and thus the Indonesian owner would carry out any instructions from the foreigner regarding the land, including selling the land at certain price with the funds to be paid to the foreigner owner. Again, if the Indonesian "owner" changes their mind, you will not have any legal title to the land.

It is clear, as well, that these types of agreements are NOT at all enforceable under Indonesian law and the foreigner is at risk in the true ownership of his investment.

All land titles within Greater Jakarta (DKI) are subject to the conditions of Presidential or Governor's decrees. Essentially, this affects the provisions for Hak Milik titles in the Jakarta DKI area.

Special Provisions for Batam

The rules for property ownership by foreign nationals in Batam fall under Decree No 068/KPTS/KA/III/1999. This regulations states that foreign nationals or companies are permitted to 100% own residential or commercial property in the Barelang area (Batam, Rempang and Galang). The only properties excluded from this decree are low cost and very low cost housing, but includes all other types of building structures.

Even though there is a “special provision” for Batam, the land law in Batam still falls under the “Hukum National” (Indonesian national law) and the same overall laws and principals still apply, no matter where you are in the country.

Hak Guna Bangunan vs, Hak Milik

Hak Guna Bangunan is only the right to use a building for a certain period of time and then has to be extended. The owner of HGB land is the Indonesian government.

Only with Hak Milik do you actually own the land or building. Hak Milik does not need to be extended.

Obtaining a Loan from an Indonesian Bank to Purchase Property

The Indonesian banks will NOT lend money to property owners that only have Hak Pakai status for their property. The land title MUST be Hak Milik in order for the bank to use the title as collateral ..Therefore, expats have never been able to get loans to purchase property in Indonesia, because they can not have Hak Milik titles. This applies to everyone....even Indonesians. The normal length on house loans in Indonesia is five years, not 20-30 years as it is in the west.

taken from: http://www.expat.or.id

SELLING PROPERTY