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Hak Milik (Ownership Right): The highest form of land ownership, available only to Indonesian citizens (individuals). It has no time limit. Hak Guna Bangunan (HGB): Right to use land for legal entities. Hak Pakai (Right of Use)/Leasehold: Right of land ownership granted for 30 years with the possibility of extension. This right can be held by foreigners (individuals).

Foreigners can only acquire property through long-term lease (Leasehold).

The contracts specify the right of extension. Extension can be arranged before the current lease term expires. In case of refusal, the company reserves the right to demolish the structures and return the land to its original state.

Land under Freehold can only be registered to an Indonesian citizen or a legal entity registered in Indonesia. To do this, the buyer must open a company in Indonesia and obtain a KITAS (residence permit).

Flipping is most profitable before the property is commissioned, as taxes are charged only on the difference between the purchase and sale price. After commissioning, taxes are calculated on the full amount.

• The Standard First Payment Starts From 30% of the Property Cost.
• The Remaining Amount is Divided Into Quarterly/monthly Payments Until Construction is Completed.
• All Amounts Are Rounded to the Nearest Hundred or Thousand for Convenience.