Mark wrote
To get somewhat back on the thread, the property market in Bali is quite varied and information is hard to verify. From my own observations, raw land has maintained its value in most places and over time has gone up nearly everywhere. For example, where we live in rural Central Bali, freehold land going for 50 juta per are 7 years ago is now 250 juta per are, based on actual transactions and not some seller's wishful thinking. Volumes of transactions, however, appear to be not as high as in past years and also there is a trend for owners to lease their land for 25 years instead of selling it outright, even if the purchaser is another Balinese. In terms of villas, the build quality is often fair to poor, especially where you don't see it - foundations, concrete, steel, mep etc. The prices of uninspiring, older villas on postage stamp sized land seem to have come down in some areas. New villas are still being built and sold, however, even offplan. Based on what I have observed, the 2-4M price point for a new three bedroom villa on a small plot of leased land is the sweet spot in the greater Ubud area. However, unless you are involved in the build or it's been done by a serious contractor (there are a few, but not many of these), then buyer beware.
Would you say newer buildings have constructed better? Or it doesn’t matter because every developer cuts corners to make money
