{"id":13562,"date":"2023-06-08T17:16:50","date_gmt":"2023-06-08T09:16:50","guid":{"rendered":"https:\/\/drea.com.sg\/enterprise\/?p=13562"},"modified":"2024-04-03T16:55:30","modified_gmt":"2024-04-03T08:55:30","slug":"why-foreign-investors-are-flocking-to-batams-property-market-2","status":"publish","type":"post","link":"https:\/\/drea.com.sg\/enterprise\/2023\/06\/08\/why-foreign-investors-are-flocking-to-batams-property-market-2\/","title":{"rendered":"Why Foreign Investors are Flocking to Batam\u2019s Property Market"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13562\" class=\"elementor elementor-13562\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-650175e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"650175e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c82442d\" data-id=\"c82442d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0dd0647 elementor-widget elementor-widget-heading\" data-id=\"0dd0647\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Batam offers Stability and Growth for Real Estate Investors\n<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba5b9c1 elementor-widget elementor-widget-text-editor\" data-id=\"ba5b9c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span data-contrast=\"none\">Batam is undergoing a major economic transformation. The Indonesian government is working on key infrastructure projects which are helping to attract foreign investments into Batam particularly in the manufacturing, shipping, and digital park sectors.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">The planning and development agency for the Riau province is projecting <\/span><a href=\"https:\/\/lkyspp.nus.edu.sg\/docs\/default-source\/aci\/bt_28feb2022_year-of-economic-awakening-for-indonesia's-riau-islands_officials.pdf\"><span data-contrast=\"none\">economic growth for Batam<\/span><\/a><span data-contrast=\"none\"> to be in the 5-7% range between 2023 and 2026, making Batam a captivating case for property investors to invest in the economic potential of the region and Batam itself.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Since 2020, Batam\u2019s residential property market displayed excellent tenacity and prices have remained steady in this inflationary environment. This makes Batam properties a resilient buy with stable rental yields that can withstand any potential future economic uncertainty.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This was a major motive for Tuan Sing Holdings Limited, a listed Singapore developer, to invest in Batam through their 125 hectares Opus Bay mixed-use township project.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Phase 1 of the development includes Cluny Villas, a community of luxurious resort-style villas, is seen to be completed from the 4<\/span><span data-contrast=\"none\">th<\/span><span data-contrast=\"none\"> quarter of 2023 onwards. Meanwhile, the Balmoral Tower which features high-rise residential apartments with sea-front views is expected to be ready by the 4<\/span><span data-contrast=\"none\">th<\/span><span data-contrast=\"none\"> quarter of 2025. Entertainment, retail, hospitality, F&amp;B, and tourist attractions are also in the works to complete the Opus Bay township.<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66e8da9 elementor-widget elementor-widget-image\" data-id=\"66e8da9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"2560\" height=\"1664\" src=\"https:\/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-scaled.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"\/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-scaled.jpg 2560w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-300x195.jpg 300w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-1024x666.jpg 1024w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-768x499.jpg 768w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-1536x998.jpg 1536w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-2048x1331.jpg 2048w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-1200x780.jpg 1200w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-v2-with-filter-effect-1-Copy-1980x1287.jpg 1980w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b7917f elementor-widget elementor-widget-text-editor\" data-id=\"5b7917f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><em>Exterior of Cl<\/em><i>uny Villas<\/i><em style=\"color: var( --e-global-color-secondary ); letter-spacing: -0.9px; word-spacing: 0.1em;\">&#8211; Artist&#8217;s Impression Only<\/em><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-306206d elementor-widget elementor-widget-text-editor\" data-id=\"306206d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span data-contrast=\"none\">Batam is <\/span><a href=\"https:\/\/livingcost.org\/cost\/indonesia\/batam\"><span data-contrast=\"none\">one of the most affordable cities to live in<\/span><\/a><span data-contrast=\"none\">. It offers convenience for professionals who are on a hybrid or work-from-home setup. Entrepreneurs can also launch their startups here without being hampered by a high cost of living.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">A highlight of the Opus Bay project will be a <\/span><a href=\"https:\/\/www.edgeprop.sg\/property-news\/opus-bay-township-builds-new-vision-batam?utm_source=website&amp;utm_medium=article&amp;utm_campaign=ONPAGESEO\"><span data-contrast=\"none\">privately owned ferry terminal<\/span><\/a><span data-contrast=\"none\"> that will serve the residents and visitors of Opus Bay to ensure consistent and convenient accessibility between Singapore and the township with a mere 40-minute ferry ride from the Singapore HarbourFront Ferry Terminal.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">At the same time, Batam\u2019s proximity to Sumatra and Jakarta offers Indonesians the opportunity to experience Opus Bay\u2019s high-quality lifestyle.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-941ed76 elementor-widget elementor-widget-heading\" data-id=\"941ed76\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Batam Property Market\u2019s Attractive Rental Returns\n<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2567cb elementor-widget elementor-widget-text-editor\" data-id=\"d2567cb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word; border: none; font-size: 15px; line-height: 1.5; margin: 0px 0px 1em; padding: 0px; text-align: justify; color: #54595f; font-family: Poppins, sans-serif; letter-spacing: -0.27px;\"><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-contrast=\"none\">According to\u00a0<\/span><a style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word; transition: all 0.15s linear 0s; color: #3699ff; text-decoration-line: none; box-shadow: none;\" href=\"https:\/\/www.numbeo.com\/property-investment\/compare_cities.jsp?country1=Vietnam&amp;country2=Indonesia&amp;city1=Ho+Chi+Minh+City&amp;city2=Batam&amp;tracking=getDispatchComparison\">numbeo<\/a><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-contrast=\"none\">, Batam has a gross rental yield of 4.52% in the city centre, and 4.45% outside the city centre. Compare this to alternative property market like Ho Chi Minh City which has a gross rental yield of 2.68% in the city centre.\u00a0<\/span><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word; border: none; font-size: 15px; line-height: 1.5; margin: 0px 0px 1em; padding: 0px; text-align: justify; color: #54595f; font-family: Poppins, sans-serif; letter-spacing: -0.27px;\"><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-contrast=\"none\">Looking at other common alternatives, Georgetown, Penang has a rental yield of 3.86% while Kuala Lumpur properties have an average rental yield of 4.41% according to Global Property Guide. Bangkok on the other hand has an average rental yield of 4.45% in 2022.\u00a0<\/span><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word; border: none; font-size: 15px; line-height: 1.5; margin: 0px 0px 1em; padding: 0px; text-align: justify; color: #54595f; font-family: Poppins, sans-serif; letter-spacing: -0.27px;\"><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-contrast=\"none\">While buying a property in Singapore is also a popular consideration given the strong rental demand, you can buy three or four properties in Batam instead of just one in Singapore.\u00a0<\/span><span style=\"box-sizing: border-box; -webkit-font-smoothing: antialiased; word-break: break-word; overflow-wrap: break-word;\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d24278f elementor-widget elementor-widget-image\" data-id=\"d24278f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"2560\" height=\"1480\" src=\"https:\/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-scaled.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"\/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-scaled.jpg 2560w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-300x173.jpg 300w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-1024x592.jpg 1024w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-768x444.jpg 768w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-1536x888.jpg 1536w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-2048x1184.jpg 2048w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-1200x694.jpg 1200w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/037-Opus-Bay-Villa-ID-V10-with-filter-effect-CMYK-1980x1144.jpg 1980w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cd8fc3 elementor-widget elementor-widget-text-editor\" data-id=\"9cd8fc3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><em style=\"font-size: 14px; text-align: center; letter-spacing: -0.9px; word-spacing: 1.4px;\">Interior of Cl<\/em><i style=\"letter-spacing: -0.9px; word-spacing: 1.4px;\">uny Villas<\/i><em style=\"font-size: 14px; text-align: center; color: var( --e-global-color-secondary ); letter-spacing: -0.9px; word-spacing: 0.1em;\">&#8211; Artist&#8217;s Impression Only<\/em><br><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b645c0e elementor-widget elementor-widget-text-editor\" data-id=\"b645c0e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span class=\"TextRun SCXW207859471 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW207859471 BCX0\">However, gross rental yields do not tell the full story.\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">Compared to Singapore, transaction costs<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0to a buyer<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0buying a property can reach up to\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">39<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">.3<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">% compared to only 7.7% in Indonesia.\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">If\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">you are<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0buying an Indonesian property to invest and rent<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">,\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">you will<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0only pay 20%<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0taxes<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0of gross income from it, while in Singapore it is 22%<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">,<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0and in Malaysia,\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">30%.\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">So,<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0if\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">you are<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0looking for\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">positive\u00a0<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">cash<\/span>\u00a0<span class=\"NormalTextRun SCXW207859471 BCX0\">flow returns<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">,<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0Batam properties<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0would be a<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0far<\/span><span class=\"NormalTextRun SCXW207859471 BCX0\">\u00a0superior alternative.\u00a0<\/span><\/span><span class=\"EOP SCXW207859471 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-487b4ea elementor-widget elementor-widget-heading\" data-id=\"487b4ea\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Massive Potential Capital Gains for Batam Property Investors<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-255fdcd elementor-widget elementor-widget-text-editor\" data-id=\"255fdcd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span class=\"TextRun SCXW253417688 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW253417688 BCX0\">Batam\u2019s property market is set to\u00a0<\/span><span class=\"NormalTextRun SCXW253417688 BCX0\">benefit<\/span><span class=\"NormalTextRun SCXW253417688 BCX0\">\u00a0from the\u00a0<\/span><\/span><a class=\"Hyperlink SCXW253417688 BCX0\" href=\"https:\/\/www.thejakartapost.com\/adv\/2021\/07\/30\/batam-shines-brightly-as-alluring-investment-destination.html\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW253417688 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW253417688 BCX0\" data-ccp-charstyle=\"Hyperlink\">influx of investment<\/span><\/span><\/a><span class=\"TextRun SCXW253417688 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW253417688 BCX0\">\u00a0into the area. With a strategic location and excellent connectivity to three major leading cities: Singapore, Jakarta<\/span><span class=\"NormalTextRun SCXW253417688 BCX0\">, and Kuala Lumpur, the region attracts many<\/span>\u00a0<span class=\"NormalTextRun SCXW253417688 BCX0\">foreign and regional\u00a0<\/span><span class=\"NormalTextRun SCXW253417688 BCX0\">businesses<\/span><span class=\"NormalTextRun SCXW253417688 BCX0\">.\u00a0<\/span><\/span><span class=\"EOP SCXW253417688 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac36404 elementor-widget elementor-widget-image\" data-id=\"ac36404\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"2560\" height=\"1440\" src=\"https:\/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-scaled.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"\/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-scaled.jpg 2560w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-300x169.jpg 300w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-1024x576.jpg 1024w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-768x432.jpg 768w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-1536x864.jpg 1536w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-2048x1152.jpg 2048w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-1200x675.jpg 1200w, \/\/drea.com.sg\/enterprise\/wp-content\/uploads\/2023\/06\/Singapore-1-1980x1114.jpg 1980w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d34f159 elementor-widget elementor-widget-text-editor\" data-id=\"d34f159\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><em>Singapore is a major investor in Batam<\/em><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7478c04 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7478c04\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-99a3ab0\" data-id=\"99a3ab0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9714391 elementor-widget elementor-widget-text-editor\" data-id=\"9714391\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span data-contrast=\"none\">Since Batam is a special economic zone, apartment units can be owned by foreigners. This remains a primary driver for the rapidly growing Batam property market, with new property developments including new hotels. The Indonesian government also produced a\u00a0<\/span><a href=\"https:\/\/www.aseanbriefing.com\/news\/indonesia-to-issue-second-home-visa-what-are-the-requirements\/\"><span data-contrast=\"none\">Second Home Visa program<\/span><\/a><span data-contrast=\"none\">\u00a0to attract more investors and entrepreneurs into the country. With a second-home visa, foreigners can live in Indonesia for 5 or 10 years.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">These developments ensure that property investors can profit significantly through capital gains if they choose to sell their property in the next five or six years.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Overall, Batam\u2019s property market comes attractively priced given current favourable exchange rates, a strong projected growth and demand trend, and attractive rental yields.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Contact our Singapore-based Batam property investment consultants today to learn more about investing in Batam! You can also schedule personalised 1-1 tours of Batam, with visits to newly launched sales galleries from reputable Singapore developers. Attractive special incentives also apply for group familiarisation trips. Sign up now!<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f2424d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f2424d9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-d311019\" data-id=\"d311019\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8699601 elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"8699601\" data-element_type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Opus Bay Form\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"13562\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"8699601\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"DREA\" \/>\n\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-100 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-name\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tName\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Name\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-100 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-email\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tEmail\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Email\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-select elementor-field-group elementor-column elementor-field-group-country_code elementor-col-20\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-country_code\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tCountry code\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field elementor-select-wrapper \">\n\t\t\t<select name=\"form_fields[country_code]\" id=\"form-field-country_code\" class=\"elementor-field-textual elementor-size-xs\">\n\t\t\t\t\t\t\t\t\t<option value=\"65\">+65<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"60\">+60<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"62\">+62<\/option>\n\t\t\t\t\t\t\t<\/select>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-number elementor-field-group elementor-column elementor-field-group-mobile elementor-col-80 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-mobile\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tMobile No.\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t<input type=\"number\" name=\"form_fields[mobile]\" id=\"form-field-mobile\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" required=\"required\" aria-required=\"true\" min=\"\" max=\"\" >\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-select elementor-field-group elementor-column elementor-field-group-is_this_your_first_time_investing_in_batam elementor-col-100 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-is_this_your_first_time_investing_in_batam\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tIs this your first time investing in Batam?\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field elementor-select-wrapper \">\n\t\t\t<select name=\"form_fields[is_this_your_first_time_investing_in_batam]\" id=\"form-field-is_this_your_first_time_investing_in_batam\" class=\"elementor-field-textual elementor-size-xs\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t<option value=\"Yes\">Yes<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"No\">No<\/option>\n\t\t\t\t\t\t\t<\/select>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-select elementor-field-group elementor-column elementor-field-group-which_of_the_following_are_you_interested_in elementor-col-100 elementor-field-type-select-multiple elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-which_of_the_following_are_you_interested_in\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tWhich of the following are you interested in?\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field elementor-select-wrapper \">\n\t\t\t<select name=\"form_fields[which_of_the_following_are_you_interested_in][]\" id=\"form-field-which_of_the_following_are_you_interested_in\" class=\"elementor-field-textual elementor-size-xs\" required=\"required\" aria-required=\"true\" multiple=\"\" size=\"3\">\n\t\t\t\t\t\t\t\t\t<option value=\"1-1 Session with Batam Property Investment Consultants\">1-1 Session with Batam Property Investment Consultants<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Visit Sales Gallery\">Visit Sales Gallery<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Group Familiarisation Trips \">Group Familiarisation Trips <\/option>\n\t\t\t\t\t\t\t<\/select>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button type=\"submit\" class=\"elementor-button elementor-size-sm\">\n\t\t\t\t\t\t<span >\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\" elementor-button-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Register Now!<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-df0488d elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"df0488d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div 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The Indonesian government is working on key infrastructure projects which are helping to attract foreign investments into Batam particularly in the manufacturing, shipping, and digital park sectors.&nbsp; The planning and development agency for the Riau province is projecting economic [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":13751,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Foreign Investors are Flocking to Batam\u2019s Property Market - DREA<\/title>\n<meta name=\"description\" content=\"Since 2020, Batam\u2019s residential property market displayed excellent tenacity and prices have remained steady in this inflationary environment. 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