Wednesday, May 22, 2024

New Date Announced For Opening Of Southeast Asia’s Biggest Mall In Bali

 May 21, 2024

A new date has been set for the grand opening of the new ICON Bali shopping mall in Sanur.

The mall, said to be the biggest in Southeast Asia, was initially set to open in March and again in May, but a new date has been set for June.

ICON Bali Mall, as a retail and entertainment village, will now open on the 7th of June 2024. 

The mall is set to completely change the way tourists experience the beach resort of Sanur. Once a sleepy fishing village, over the last 50 years, Sanur has become Bali’s classic beachside vacation resort.

Family-friendly, home to a great selection of 5-star resorts, and with direct access to Sanur Harbour to connect with iconic destinations like the Nusa Islands and the Gili Islands, Sanur is the perfect easy vacation destination.

Over the last five years Sanur has received millions of dollars of investment and is now its own Special Economic Zone. Sanur will soon welcome tourists not only to the ICON Bali Mall but also to the newly built state-of-the-art Bali International Hospital.

The resort is almost unrecognizable to anyone who visited back in the day. 

While the finishing touches are underway, tourists can start to get excited about what they will discover at ICON Bali Mall.

The retail and entertainment village has been described as being the new home of the 8 Wonders of Bali. 

These include a butterfly park, an immersive vertical forest (similar to that at Gardens by the Bay in Singapore), and the slightly confusingly described indoor cultural amphitheater.

ICON Bali say that the cultural ampitheater will be “situated at the west end of Jaje Bali, our amphitheater provides 28 levels of convenient seating area for people to enjoy their food and drinks in a casual setting. 

This amphitheater is facing the cultural stage that holds Balinese dance performance daily.”

Typically amphitheatre are outdoor, open air theatres, like the amphitheatre at Uluwatu Temple, but all will surely be revealed on the 7th June.

The 8 Wonders of Bali continues not one but two beach clubs, the ICON Beach Gallery and the Jaje Floating Market. 

The 8 Wonders of Bali are rounded off with the beach sunset laser water show that will be performed on a nightly basis and an edible garden.

The Edible Garden is said to be a place where the team “will grow plants interesting to both Bali residents and tourists such as Balinese kitchen garden, unique fruits available only in tropical countries, and last but not least are the Asian medicinal herbs and roots whose popularity as natural remedy keeps on increasing.”

This concept will be echoed in and around the Bali International Hospital, where an ethnobotanical garden will be established to provide holistic natural medical care alongside Western medical treatments for holistic health and wellness offerings.


The vertical forest is set to be a spectacle to behold. Anton J. Clark from the Bali Landscape Company, who has been pivotal in the design and construction of ICON Bali Mall, said

“When we started our landscape project for ICON BALI, it was only for a one-dimension vertical garden. Then, we kept on challenging the idea of making this four-story vertical garden three-dimensional with internal rooms to be more interesting, informative, and interactive. Visitors can enter, walkthrough, and be entertained with different experiences on every level.”


ICON Mall Bali will keep many elements of the new retail and entertainment village under wraps until the grand opening. Little is known about the two beach clubs that will be opened alongside the mall itself.

ICON Bali says, “Not one, but two beach clubs are situated purposely on the beachfront where families and friends can indulge in water activities, great food, music, and vibes. Foot rinse and indoor shower facility are available for guests’ comfort.”

More details about the grand opening will be revealed soon.

 

Bali's Current Hottest Real Estate Markets

Few people have witnessed the explosive growth of Bali's real estate market over the last 22 years more closely than Canadian Born resdient of Bali for past 26 years, Lawrence. 

He and his Wife Azizah a Notaris own and operate award-winning P.T. Bali Affordable Lifestyles International since 2004.

His deep experience in this market is evident. "When I began advising buyers on Bali real estate in 2002 just after the fall of Indonesia's long-term president, investors took a leap of faith," he recalls. "I wrote an article in the Bali Sun Newspaper titled "Bali is Hawaii 30 years ago." 

"Bali is Hawaii 30 years ago" 

Fast-forward to today, and some of those early properties have appreciated as much as 4,000%.

Three months ago Lawrence predicted 2024 would be the most explosive year yet for the Bali's real estate market, especially on its popular East Coast in or near the first Resort Area in Bali, Sanur . 

"2024 the most explosive year yet" 

He stated "This boom is fueled by a convergence of factors: a major new medical tourism hospital, numerous new hotels and a new shopping mall under construction, and a wave of retiring baby boomers seeking a tranquil yet amenity-rich paradise. 

For investors and retirees alike, now is the time to secure the Bali lifestyle with an apartment or villa purchase starting at a remarkably affordable $88,000 USD.

"Sanur not Snore Anymore"

According to Wikipedia. Sanur pronounced sah-noor) is a coastal stretch of beach east of Denpasar in southeast Bali (about a 30-minute drive from Ngurah Rai International Airport)

For the 26 years he lived in Sanur it was called "Snore" because it attracted Seniors and Baby Boomers to quiet lifestyle, famous beach and inexpensive cost of living.


 Recently Bali has been showered with accolades in 2023 ,& 2024 snagging titles like "Second Best Destination in the World,"

This translates to one thing, a tourism boom, and with it, a surge in rental income.

Remember his saying, "Bali real estate demand is directly proportional to tourist demand".

"Bali real estate demand is directly proportional to tourist demand"

It's been a golden rule for the 26 years he has called this Island home, and he see no signs of it changing.

EDITOR. Lawrence & Family at Home.


The fuel for Sanur's coming Real Estate firestorm: 2,000 to 3,000 New Employees:

The massive Bali International Hospital is set to open its doors, bringing with it a wave of medical professionals and support staff seeking comfortable digs.



Where will Doctors, Medical Technicians, and Support Staff Live?


While most Medical Professionals will initially rent, a significant portion (think doctors, medical technicians, and other high earners) will eventually put down roots and buy.


This influx of buyers is poised to propel Sanur and Suburbs real estate market to new heights, making it the hottest ticket in Bali, perhaps even Indonesia, and dare I say, Southeast Asia, in the coming year.

  5 - Star Hotel 1,000  Staff ?

The swanky new Meru hotel will need a place for its team to call home, injecting further demand into the market.


New Icon Mall - 300 to 500 Employees:

Retail therapy is coming to Sanur in a big way, and the mall's staff will need a place to rest and recharge.


Baby Boomer Bliss:

Sanur & its suburbs' chilled vibes and proximity to world-class healthcare make it a magnet for baby boomers, who represent 25% of the world's population and hold 50% of the cash.

Talk about a lucrative demographic!

So, where will all these new residents live? Sanur and its suburbs, of course.

Here are Lawrence's predictions on the three most sought-after areas of the East Coast, perhaps all of Bali in the next 12 -24 months.

#1 Area With Most Demand 

The areas around the Bali International Hospital, the new Meru Hotel, and the new Icon Mall are expected to see the highest demand for apartments, homes, and villas in the next two years.

This is due to the growing popularity of the area as a tourist destination and the increasing number of businesses and medical facilities moving in.

No Room at the Inn:

Just as Mary and Joesph found in Bethlehem just before Jesus was born recently there is no rooms in any of our inns.

Unfortunately, there is not much available housing in these areas, as they are mostly commercial and hotels.

However, there are a few options for those who are looking to buy or lease a home in this sought-after location.

Bali Emerald Apartments:

There are a limited number of modern, just completed Bali Emerald Apartments  for sale starting at 1.38 Miliar ( $88,000 U.S.D. .



These apartments are located across the street from Hyatt Regency Hotel, and a 6 to 8 minute walk to Sanur's famous beach, plus only a two minute walk to many store's restaurants, spas. 

They are perfect for those who are looking for a modern and stylish home in a great location.

Click here for Bali Emerald Apartments  photo & prices. 

PT. Bali Luxury Villas Start at $228,888.

For those who need more space, we also have a few award-winning Bali Luxury Villas available for sale.

These villas start at 3.8 Miliar or($248,000 U.S.D.) and offer 350 to 700 square meters of living space, as well as a private pool and garden.

They are perfect for those who are looking for a luxurious and spacious home in a quiet and peaceful location.

Bali Luxury Villas and Apartments are located within a short eight minute walking distance to Sanur's famous white sand beach.


They are also close to a variety of restaurants, shops, and bars.

If you are interested in buying a home in one of the most sought-after areas in Bali, we encourage you to contact them today.

They will be happy to help you find the perfect home for your needs.

#2 Area - Demand 

Unlocking Value Near the New Bali International Hospital

While many eyes are on Sanur for the upcoming Bali International Hospital, savvy investors might find hidden gems close by.

This area, conveniently located within 1-10 kilometers of the hospital, offers several advantages:

Affordability: Escape the higher property prices of Sanur and capitalize on this area's lower costs.


You'll find attractive opportunities like 
Bali Paradise Beach Estates, where stunning properties start at just 3.8 Miliar ($248,000 U.S.D.)


High-Caliber Community:


Bali Paradise Beach Estates already boasts residents such as major Developers and Hotel owners plus, an A-listed couple, two doctors, and other successful individuals. This creates a desirable and dynamic community for future residents.


Beyond Borders, Beyond Expectations:


This location might not technically be Sanur, but it offers the convenience, affordability, and investment potential you desire, with the added bonus of a vibrant community and stunning beachside living.

Remember: This area provides a unique opportunity to live well, invest wisely, and be part of a thriving community just steps away from the Bally International Hospital. Don't miss out on discovering this hidden gem beyond the borders of Sanur!

Brand New Luxury Retirement Villas:


Their brand new Bali Luxury Retirement Villas start at just 4.2 Miliar ($268,000 U.S.D.)

They are only 200 meters from the beach, perfect for children, grandchildren, and elderly adults.


Convenience for Hospital Staff:

For over 3,000 new employees expected in Sanur this new location offers a short commute, potentially easing traffic woes for those living just north of the Bali International Hospital.

# 3 Area Most Demand


Beyond the Bypass: Uncovering Renon & East Denpasar's Potential


Forget the usual suspects, there's a rising star just across the four-lane bypass from Denpasar! Renon & East Denpasar has bloomed in recent years, offering a unique blend of affordability and potential.

While past development left some concerns – smaller plots, lower construction standards, and bumpy roads – change is afoot.

Infrastructure upgrades are on the horizon, promising a brighter future for the area.

But here's the real draw: prices here are significantly lower than the popular East Side, making it a prime location for savvy investors.

Envision it – owning a sprawling property, hundreds of square meters of opportunity! Build two or three stunning villas, keep one for yourself, and sell the others to recoup your investment, essentially securing your dream home for free.

Intrigued? We'd love to be your guides! Let us unveil hidden gems waiting to be unearthed in Renon & E Denpasar.

This area isn't just about a bargain; it's about embracing potential, about shaping your own Bali paradise.

Ready to ride the Bali East Coast wave?


Get ready to act fast, because this real estate rocket is about to take off.

So, pack your bags, your sense of adventure, and your investment savvy, because Sanur and its suburbs are about to become the real estate El Dorado of Bali.

Remember, this is just the beginning. We will keep you updated on all the sizzling developments in the East Coast  real estate scene, so stay tuned for more insider tips and insights.

In the meantime, start browsing Best Bali Real Estate Listings – the future of Bali's real estate is bright, and Sanur is its shining star.
P.S. Don't forget to share this post with your fellow real estate enthusiasts! Let's spread the word about Sanur's golden future.

Schedule Your Personalized Viewing Today.


Embark on a journey of tranquility and rejuvenation at Bali Luxury Retirement Villas. Contact us today to schedule a personalized viewing and discover your ideal retirement haven.

Contact us today to schedule a personalized viewing.
For information or inspection in English contact the Baby Boomer, President, Lawrence by Telephone or WhatsApp at +628123814014.
For information or inspection in Bahasa Indonesia contact the President's Spouse, a Licensed Indonesian Notaris, Azizah at +62 811-3864-993

For English and Indonesian Sales Staff at +62-361-284069
Email: sales@bestbalirealestate.com

ABOUT US:


The owners of our company are Siti Nur Azizah, a fully licensed Indonesian Notaris with a master’s degree in Indonesian Law specializing in real estate who has over three decades of Hotel Ownership and Management Experience.

Together with her partner and spouse Lawrence who has 50 years of Real Estate Experience, 20 Years of which is in Bali they own and operate award-winning 20-year-old Pt. Bali Affordable Lifestyles International ( PT. B.A.L.I. ).

Indulge in the pinnacle of luxury and efficiency with this esteemed team of over 70 professional staff, proudly offering an array of services for Buying, Selling, Leasing, and Renting Asian Real Estate.

For an unprecedented ten years running, they have been awarded the Certificate of Excellence and the Hall of Fame Award from the esteemed TripAdvisor, cementing their place among the top 2% of hotels and villas listed worldwide.


With clients all over the globe singing their praises, they are indisputably one of Asia's most renowned travel and real estate investment experts.

TESTIMONIAL:

"Honesty and professionalism are everything when you're dealing with real estate but when you can also find the most knowledgeable people to advise you and help you with what you need, why go anywhere else...Hands down the best in Bali!"

Bo B, UNITED STATES- 2022

Keep up to date with the latest news and views on Bali and the world, all while reveling in their exceptional offering of the Best Bali Real Estate Blogs & Facebook Posts.

For more information on these exquisite properties, schedule an inspection, or request further information today by contacting us.

Contact Info:

Tel. Office: 62-361-284069


Fax: 62-361-270143

Mobile: Or WhatsApp: 

English Language: 

62-8123814014


Bahasa Indonesia: 

62-8113864993


Email: sales@bestbalirealestate.com


Head Office: Jl. Karangsari # 5, Sanur, Bali, Indonesia, 80228

No comments:

Post a Comment

Search This Blog

Translate this Blog

Subscribe to our Free Newsletter

"Thank you for your interesting newsletters. Enjoy reading them and educate myself with wise feeling of world real estate market". A S. Russia

“Pioneer of ©Bali Luxury Villas, Sanur”

“Pioneer of ©Bali Luxury Villas, Sanur”
PT. B.A.L.I. pioneered Bali Luxury Villa Complexes in Sanur and Gianyar.

PT. B.A.L.I.

PT. B.A.L.I.
Since 2004

Owners Azizah and Lawrence

Owners Azizah and Lawrence
Owned by Azizah an Indonesian Notaris & her Canadian Husband Lawrence a resident of Bali for 26 years. They and their 70 + professional staff provide a one stop professional, efficient service for Buying, Selling, Leasing and Renting Bali Real Estate.

Bali Luxury Villa Sales Start at 3.68 Miliar ($228,000)

Bali Luxury Villa Sales Start at 3.68 Miliar ($228,000)
Bali Luxury Villa Sales Start at 3.68 Miliar ($228,000)

Amazing.... these villas are so good

Yumiko's review of your place Lovely Large Luxury Villa - Private pool & Maid Jan 21 – 30, 2024 Public review We visit emerald villa many time. We feel like this villa is my house in Sanur,Bali. All staffs are very friendly and helpful. We love Sanur. not too much people but convenient and beautiful area. Our most fun is surfing. surf almost every day. We can walk to beach soon . I cook breakfast every morning. We also enjoy near local Bali food and many kinds of restaurants for lunch and dinner. We can require Bali massage at villa. very comfortable.I really recommend the stay . Thank you. Our next visit is March. of course must be fun.

Your Own Bali Luxury Retirement Villa $284,888 U.S.D

Your Own Bali Luxury  Retirement Villa $284,888 U.S.D
2 Bedrm - 2 Bath Start Private Pool 200 Mtrs to Faboulous Beach

Features of © Bali Luxury Retirement Villas starting as low as * $184,888

• 100% legal for foreigners.

• Includes leases totaling 80 yrs.

• Private carport included.

• Private 8 m (27 Ft.) pool** for leisurely laps.

• Only 200 Mtr. To a fabulous beach, restaurants, beach clubs.

• Great investment for you and your heirs.

• Private Housekeepers & drivers, only 3 Juta.

• Healthcare at a fraction of Western costs.

• Brand-new hospital within five minutes.

• Award-winning international Airport 35 min.

• Proximity to Sanur, Ubud, Denpasar.

• Walking distance to affordable restaurants and beach clubs

• Shared low costs of pool man and gardeners.

• Minuscule monthly common area fees.

• Managed by 15-year-old, Hall of Fame award-winning management company

• *Price of the least expensive villa in . after 150 Juata Discount for the first two villas only. Subject to change without notice.

• **Eight-meter first-class swimming pool Only 460 Juta Extra

Please contact us if you wish further information.

Whatsapp 62-812-3814014

Email: infoBLRV@gmail.com


Your Own Bali Luxury Suite or Apartment Start at1.44 Miliar ($88,888 U.S.D)

Your Own Bali Luxury Suite or Apartment Start at1.44 Miliar ($88,888 U.S.D)
Now you can enjoy a luxurious Bali hotel suite or room for free and earn attractive income as well

Testimonial Bali Emerald Apartments

Sept 2023 - Fedor gave your place 5 stars! Fedor had great things to say about their stay

Bali Luxury Villa Rentals Start at 1,500,000 IDR per couple

Bali Luxury Villa Rentals Start at 1,500,000 IDR per couple
Bali Luxury Villa Rentals Start at 1,500,000 IDR per couple

Recipient of Tripadvisor’s Hall of Fame award

Recipient of Tripadvisor’s Hall of Fame award
The World's Largest Travel Site Trip Advisor has issued PT. B.A.L.I. their highest accolade “The Hall of Fame Award” for qualifying for their Certificate of Excellence Award each of the past Ten years. This prestigious award is granted to only the top 2 % of the it’s Hotels and Villas worldwide.

Testimonial:

"Hi Lawrence, It has been a pleasure to do business with you over the years and it is a further pleasure in this day and age to do business with such a trust worthy man. Very kindest regards." Ken H. England

Limited Villas Book Now to Avoid Disappointment:

Limited Villas Book Now to Avoid Disappointment:
Interested parties please contact Lawrence, directly at 62-8123814014 Email: lbptbali@gmail.com Or our Rentals Manager: Yanthi at +62 815-5890-0389 or our Reception at PT Bali Luxury Villas at 62-361-284069

Contact Form

Name

Email *

Message *

Best Bali Real Estate

Best Bali Real Estate
WHERE YOUR BALI DREAMS BECOME REALITY

© Bali Paradise Beach Estates

© Bali Paradise Beach Estates
Sales start at 4.6 MILIAR

Lowest Priced Beach View Property

Lowest Priced Beach View Property
Only 30 Juta per are ( 100 m2)

Bali's finest selection of affordable quality. desperately real estate.

https://bestbalirealestate.com/

Own your own Hotel - Only 12.5 Miliar

Own your own Hotel - Only 12.5 Miliar
This luxurious hotel on the border of the brand-new Hyatt Regency Hotel in Sanur or is now available with a long term lease.

Contact Information

Testimonial

"I was taking a gander at some of your posts on this site and I consider this site is truly informational! "Nida commented on "APÉRITIF IS BALI’S NEWEST FINE DINING RESTAURANT" Sep 21, 2020