The Complete Guide to Owning a Getaway Holiday Home in Batam

Opus Bay

Many of us dream of having that getaway holiday home that we can effortlessly whisk to during the weekends.  

Being just a 40-minute ferry ride away, Batam Island in Indonesia is inevitably the Singaporean go-to location for a short holiday getaway. For a weekend, you can escape from the hectic city life to your very own resort getaway, be it a gated luxury villa or a high-rise apartment facing a stunning ocean view.  

According to The Jakarta Post, Yusfa Hendri, the Head of Tourism and Culture in Batam City, has said that “Singapore still contributed the largest number of visitors to the region, with 1.3 million people visiting Batam every year. Malaysian visitors are the second biggest contributors.”  

Other uses for purchasing a holiday home in Batam include doubling as a remote working location, leveraging Batam’s unique strategic position as a free trade zone for business expansions into Indonesia, or simply as an attractive overseas property investment. 

Whatever your reasons may be, owning a home for the first time in Batam comes with its own set of questions. Here are some common questions that you may want to unpack before making a decision.   

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As a foreigner, how long can I stay in Batam?

Previously, foreigners were allowed to own an apartment or selected landed residential properties in Batam but would require a stay permit for any long-term stay.  

With the new law, “Second Home Visa,” announced by Indonesia’s Directorate General of Immigration in November 2022, allows foreigners to stay for up to 10 years in the country, providing attractive new possibilities for remote working or even long-term retirement.  

Other benefits of the policy, according to the President Director of PT SIER, Didik Prasetiyono, include attracting new foreign investment activity and easing immigration for foreign tenants. This in turn drives growth in infrastructure and the economy, making your Batam property investment a stronger value proposition and your future home more attractive to live in. 

Why should you consider investing in Batam property?

According to Bank Indonesia, the latest survey indicates a strong demand for primary residential property sales throughout 2022. Combined with the announcement of the new Second Home Visa, and all-time high investment in the economy and infrastructure of Batam, the demand for Batam looks to be stronger than ever.  

The Indonesian government has also announced infrastructure projects such as:  

  • A 7km bridge linking Batam with nearby Bintan 
  • A second terminal at Batam’s Hang Nadim Airport 
  • Widening of major roads from Batu Ampar Harbour 
  • Development of Batu Ampar Port  
  • Establishment of Nongsa as a tourism-based special economic zone

What options do I have when looking to own a home in Batam?

For Singaporeans, look no further than Singapore’s very own renowned real estate developer, Tuan Sing Holdings. Opus Bay is the first fully integrated township development, built to meet the rising demand for property and lifestyle options in Batam.  

With attractive options available at all price points high-rise apartments from only SGD 85k onwards and luxurious resort-styled landed villas from only SGD 380k onwards, Opus Bay is the ideal choice for those looking at Batam, be it as a second holiday home, a remote work destination just 40 minutes away from Singapore, a central hub to further expand your business, or even as a retirement home.  

What benefits do I have from buying now and how can I find out more?

From now to 30th April 2023, Opus Bay is also offering an exclusive limited-time discount on top of these already attractive prices. Terms and conditions apply.  

Download our Opus Bay Info Package today with Exclusive Developer Discounts (Up to a further 8%!) included. You will also receive access to:

  • Overview of Buying & Investing in a Holiday Home in Batam  
  • 1-to-1 Personal Tour with Developer Sales Representative 

Disclaimer: The information contained in this article is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness. The information contained herein is not intended to be a source of advice with respect to the material presented, and the information and/or documents contained in this article do not constitute investment advice. Prices are provided by the developer (Tuan Sing Holdings) and they will be stated and formed as part of the sales and purchase agreement. DREA Asia is not responsible for any errors or omissions, or for the results obtained from the use of this information. 

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