Expertise: Real Estate

New Regulation Allows Direct Appointment of Regional-Owned Enterprises for Construction Projects

By Ira A. Eddymurthy and Awang Fahrizal The Indonesian government recently issued Government Regulation No. 54 of 2016 regarding the Third Amendment to Government Regulation No. 29 of 2000 regarding the Implementation of Construction Services (Third Amendment). The Third Amendment introduces additional provisions similar to those in the previous amendment, namely Government Regulation No. 79 New Regulation Allows Direct Appointment of Regional-Owned Enterprises for Construction Projects

SSEK Hosts Seminar on Land and Property Sector in Indonesia

SSEK Legal Consultants recently hosted a seminar on Indonesia’s land and property sector. Denny Rahmansyah, a partner in SSEK’s land and property practice, and Michael D. Twomey, the supervising foreign advisor for the practice, were the featured speakers. Denny covered the legal framework for Indonesia’s land and property sector, discussing land titles in Indonesia, foreign SSEK Hosts Seminar on Land and Property Sector in Indonesia

Real Estate Disputes in Indonesia

Real estate is a very broad subject that touches many aspects of Indonesian law, e.g., administrative law, environmental law, construction law, civil law, agrarian/land law, etc. There is no arbitration facility or process specifically designed to accommodate real estate matters under Indonesian law. Disputes related to real estate are treated in a similar manner as Real Estate Disputes in Indonesia

Indonesian Regulatory Framework for Real Estate Investment Funds

In late 2015, the Indonesian Minister of Finance issued Regulation No. 200/PMK.03/2015 regarding Tax Treatment of Taxpayers and Taxable Entrepreneurs Using Specified Collective Investment Contract Schemes for the Enhancement of the Finance Sector (MOF Reg. 200). The stated aim of this regulation is to encourage the growth of real estate investment funding in the form Indonesian Regulatory Framework for Real Estate Investment Funds

Alert: Ownership of Homes or Residences by Foreigners in Indonesia

Indonesia issued Government Regulation No. 103 of 2015 regarding the Ownership of Homes or Residences by Foreigners Residing in Indonesia (GR 103/2015) in late December 2015. GR 103/2015 entered into force on December 28, 2015. The Government made the new ruling public earlier this week. No major changes GR 103/2015 does not introduce any radical Alert: Ownership of Homes or Residences by Foreigners in Indonesia