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Bali property heats up as Asian investors chase high rental yields in post-Covid revival

SCMP LogoSCMP2d ago

Bali property heats up as Asian investors chase high rental yields in post-Covid revival - SCMP

Quick Summary:

Buyers from Hong Kong and Singapore, where rental yields stand in the low single digits, are showing particular interest, agents say.

Both places are similar “in that they’re very high-ticket, low-yield markets, whereas Bali is low-ticket, high-yield”, said James Hartshorn, CEO and co-founder at Palm Developments, a Hong-Kong based developer with a growing Bali portfolio.

Entry-level property starts at around US$130,000 and primarily targets buyers seeking high rental yields, indicating a shift in investor focus to value and performance in the post-pandemic era, the report said.


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Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 11:30:12 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 697 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21435416

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 14 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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  • URL: https://beamstart.com/news/bali-property-heats-up-as-17198075279044

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