21 Mar '13, 1am

Bali hotspot a hit with rich foreign buyers - Property Auctions News, Property Investment | PropertyGuru

“Capital appreciation has been substantial (in Bali) in the past decade,” said Zoe Rice of Elite Havens, a property agency which sells beachfront villas priced from £1.5 million (S$2.81 million) and other high-end homes located near the island’s famous spots like Ku De Ta and Potato Head. In particular, "there’s been a dramatic increase in Seminyak, where land prices have almost tripled in the last two years because demand is so high and supply so low."

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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