Background On September 14, 2018, Minister of Public Work and Public Housing issued Minister of Public Work and Public Housing Regulation No. 24/prt.m/2018, concerning the Accreditation and Registration of Housing Developer Associations and Housing Developer...
Background On July 13, 2018, the Government issued the Minister of Environment and Forestry of the Republic of Indonesia Regulation Number: P.24/Menlhk/Setjen/Kum.1/7/2018,which regulates the Exemption of Obligations to Arrange Environmental Impact Analysis for...
Background Bank Indonesia has issued Bank Indonesia Regulation No. 20/8/PBI/2018 on Loan to Value Ratio for Property Loan, Financing to Value Ratio for Property Financing, and Down Payment for Loan or Vehicle Financing (“PBI 20/2018”). This regulation revokes the...
Basic Principles of Compensation Valuation The value of compensation is one of the most important aspects for the land owners that are affected by the land procurement for public interest. Law No. 2 of 2012 (“Law No. 2/2012”) stipulates that the compensation shall be...
Agrarian reform is a restructuring of the structure of control, ownership, use and utilization of land through asset and access arrangement for the prosperity of the Indonesian, conducted by the central and local government (“Agrarian Reform”). Under the President...
Regional Spatial Plan (“RTRW”) is a result of spatial planning on a regional which is a geographical entity with all related elements whose limits and systems are determined based on administrative aspects. Under the Minister of Agrarian and Spatial Plan/Head of...
Background The Government of Indonesia issued Regulation of the Minister of Public Works and Public Housing Number 19 of 2018 concerning the Implementation of Building Permits ("IMB") and Certificate of Feasible Function ("SLF") of Building through Integrated Business...
Eddy Leks was interviewed by Marcopolis on Real Estate Law in Indonesia, specifically on Property Laws in Indonesia : “Can Foreign Investors Own Land?”. Marcopolis presents Indonesia Report focused on topics such as investments, doing business, economy and regional...
Background At the beginning of 2018, precisely on January 8, the Government of Republic Indonesia has enacted new regulation related to Condominium. That regulation is Minister Regulation of Public Works and Housing No. 01/ PRT/M/2018 on Development and Management...