Bali is the undisputed crown jewel for tourism in Indonesian and Asia, as it is regularly featured as one of the world’s top travel destinations. However, it’s neighbor to the west, Lombok island is about to have its time in the spotlight. South Lombok is set to become the next hotbed for tourism and real estate, and the most desirable location is Kuta Lombok near the popular Kuta Beach. This is an area that has been selected, with 10 other locales, as a “New Bali” by President Jokowi and his Tourism Ministry. His agenda ambitiously projects international tourists to Indonesia to increase arrivals to more than 20 million in 2019, and he is allocating funding to these 10 places to improve access and infrastructure. Lombok is currently reminiscent of Bali, from 20 to 30 years ago. There were endless hectares of un-owned, pristine land and few paved roads. With that, there were also low sale prices, and ample opportunity for investments. Just as Bali grew to be a destination with hotels, restaurants, and large events, Jokowi sees the same potential for Lombok. Kuta Beach will be the place to be, and the Kuta Heights Development will be the most desirable location for investing, living, or leasing land in Lombok.
Jokowi and his administration do not only see Lombok as a New Bali, but he sees the South Kuta region as a “New Nusa Dua”. Nusa Dua is the resort area of Bali known for its five-star resorts and exhibition centers. Last year it hosted 15,000 attendees for World Bank and IMF Annual Summit. With Lombok, the Tourism Ministry has pledged over US $65 million, to growing the island’s MICE (Meetings, Incentives, Conventions and Exhibitions) market. This would create great potential for the region to host on large-scale events, worldwide corporate meetings and exhibitions. A major part of this endeavour is the highly-anticipated Mandalika Resort Project, in the Kuta Beach region in the south. This is a 1,175- hectare plot of land that will eventually hold 12,000 rooms in seven hotels with brands such as Club Med, Paramount Resort, and Pullman. There will also be an eco park, following mandates that all new builds in Lombok must incorporate 51% dedicated ‘green space’ to preserve the natural beauty of the land and its resources. The entertainment centre will have a theme park and water park. There will also be 300,000m2 of commercial space. The entire project is worth over US $3 billion. The Mandalika will greatly change the landscape of South Kuta, bringing billions of dollars and world-renowned hospitality and commercial brands to the area.
Another large-scale project for South Lombok and Kuta Beach is the hosting of the MotoGP in 2021, Indonesia’s first world-class racing event in nearly 25 years - the last events being in 1996 and 1997 in Bogor, West Java. Construction will begin later this year on the 4.32-kilometer racetrack, which will also require building up of the roadways, foundations, and will also include a hotel and hospital. The street circuit track and surrounding venues must be ready to accommodate the expected 150,000 spectators. There is an expected audience of over 430 million viewers. The MotoGP will bring world-wide attention, media, sponsors, and visitors to Kuta Beach, and if it goes well, springboard the region on to the racing scene. The race planners in Lombok are projecting the racetrack could host up to eight annual events.
Eco-builds will be very important to the future of Lombok. Lombok is part of “The Green Future” for Indonesia, promoting initiatives, and environmentally-friendly features and technologies, A few examples include solar energy farms and Sea Water Reverse Osmosis (SWRO) plants for desalination and providing clean, drinkable water in the South Lombok region. The area also plans for an electric light rail train and cable cars, continuing the drive for public transportation in the more developed, modernized regions of Indonesia. For projects like Mandalika, new builds must have 51% dedicated ‘green space’ to preserve the natural beauty of the land.
KHD is a private, secure community designed to be a place for creative types, entrepreneurs, and those who like to look off the beaten path. The land values in Lombok are a fraction of those in Bali, with great potential for growth as the Mandalike and MotoGP projects move ahead. KHD is located within minutes of the restaurants and shops of Kuta Beach, with incredible views overlooking the beautiful beaches and bay. There is great surfing, golf, diving, and yoga nearby, and for families there is an international school within minutes of the entrance to the development. There are over 200 lots, with access via a paved road, The lots range in size from 500m2 up to 10,000 m2, and they are ready for sale, lease, or building. The area is 27 hectares of lush hillside, surrounded by the Kuta Greens, and there are beautiful island and sea views all around. The scenery is exactly what one would expect and want for building a holiday home or a private getaway. The team at KHD are highly-trained experts in Indonesian law and real estate and they can walk anyone through every step of the process.
The lots are close to everything a convenient. The Lombok Airport is only 20 minutes away, connected on a brand new bypass. Arriving and transport through the airport will be much improved in the next few years, as the airport operator was given US $ 14 million for renovations.. The planned airport upgrades are an expanded terminal and a development of a Taxi Way and Drop Zone. These changes are so the airport is about to handle an increase in international arrivals. There are now daily direct flights from Singapore, Kuala Lumpur and Perth. Connections through Bali and Jakarta, allow daily access to major destinations like London, Hong Kong, Dubai, and Amseterdam. There will be continued improvements to the airport, making it easier than ever to get to Kuta Beach and the KHD development.