As a leading property management company, Bukit Vista is at the forefront of Bali’s real estate scene. Our extensive experience and local knowledge allow us to understand the latest trends shaping the property market and how art and digital strategies are influencing business success. On August 1st, 2024, Bukit Vista held a Round Table Talk bringing together business leaders and investors to discuss the future of art and property in Bali. I’m Dea Novita, responsible for community engagement at Bukit Vista, and I’m here to share a glimpse of the key topics that were covered during this insightful event.
How Canggu’s Real Estate Boom is Shaping Art and Property in Bali
The discussion opened with Pak Wira sharing his expertise on Canggu, one of Bali’s most rapidly developing areas. As the manager of three villas in Canggu, Wira highlighted the neighborhood’s growing popularity with tourists and how this translates into significant investment opportunities for art and property in Bali. He explained that Canggu’s unique blend of surf culture, cafes, and upscale accommodations make it a prime location for investors looking to tap into Bali’s tourism-driven real estate market.
Wayana, in other hands also offered insights on how investors can achieve high returns while ensuring sustainability, which is becoming increasingly important in the region. She emphasized that properties with sustainable and eco-friendly features are becoming more attractive to both tourists and investors. Villas that incorporate solar panels, rainwater harvesting, and energy-efficient designs not only reduce operational costs but also appeal to environmentally conscious travelers, increasing booking rates and overall property value.
Another aspect Bukit Vista’s team touched on was the importance of blending modern amenities with Bali’s traditional architectural styles. Properties that respect local culture and use sustainable materials, like bamboo and natural stone, stand out in the market and are more likely to receive community support, which can be crucial for long-term success.
New Managed Properties Elevate Art and Property in Bali
After the discussion on Canggu, attention shifted to Uluwatu’s Zumera Hill project, a recent partner of Bukit Vista. Kadek Pepeng, representing the project, explained how this luxury development is poised to make a significant impact in Uluwatu’s property market. Pepeng highlighted that the project is currently focused on the onboarding process, a crucial step in ensuring its success.
Alongside Kadek Pepeng’s discussion on the Zumera Hill project, Dennis, representing Wolu Residents, shared similar insights on how he is preparing his property for success in Bali’s competitive real estate market. During the discussion, he raised a crucial question about how to best price his property in Bali’s fluctuating tourism market. He expressed concerns about setting rates that are both attractive to guests and profitable for his business. Bella, a key member of Bukit Vista, provided a clear answer by explaining how they have successfully implemented dynamic pricing across the properties we manage.
Bukit Vista’s onboarding process & pricing play a vital role in helping properties like Zumera Hill Wolu Residence stand out in Bali’s art and property market. Our team ensures that each property is thoroughly prepared to meet the demands of both local and international guests by optimizing its presentation, operations, and marketing strategies. Through a tailored approach, Bukit Vista helps property owners create a memorable guest experience while maximizing visibility and returns.
The Importance of Digital Strategy with GlobalXtreme
As the conversation progressed, Ferre Horvath, Director of GlobalXtreme, shifted gears to discuss the crucial role of digital presence for businesses in Bali. This also agreed by Jing. He explained that in today’s market having a strong online presence is no longer optional—it’s essential. Hovath then outlined how GlobalXtreme helps local businesses stay visible and competitive by providing reliable digital infrastructure. Horvath then warned that without a robust digital strategy, businesses risk becoming irrelevant in an increasingly competitive and tech-driven market.
At Bukit Vista, we’ve partnered with GlobalXtreme to ensure that our guests, particularly digital nomads, have access to high-speed internet throughout their stay. This reliable connection is crucial for providing a seamless guest experience in art and property in Bali., whether they’re working remotely or simply staying connected during their vacation. For property investors, this enhanced guest experience translates to higher reviews, repeat bookings, and ultimately, maximum returns in the shortest amount of time.
Art Insights from French Investor Cedric Dufour
Cedric Dufour, a French investor, provided a broader perspective on the evolving landscape of property in Bali. While he discussed the need for businesses to adapt to modern consumer habits, Dufour also touched on how shifting media consumption is impacting businesses. He shared his thoughts on the 2024 Olympics and how the event was being broadcasted on traditional TV. Interestingly, he observed that fewer people in Bali, particularly digital nomads and younger travelers, were watching the Olympics on television. This shift towards digital streaming and on-demand content highlights the growing importance of online presence and digital platforms for businesses.
For property owners and investors, this serves as a reminder that staying relevant requires adapting to changing consumer behaviors. Dufour emphasized the need for businesses to align with the preferences of today’s tech-savvy travelers.
Blake Introduces Bali Art Stoic and How Art Meets AI
Blake, the founder of Bali Art Stoic, brought a fresh perspective to the discussion by introducing the concept of blending art and artificial intelligence to create engaging Instagram content. He explained how Bali Art Stoic uses AI tools to merge creativity and philosophy, providing digital content that captivates social media audiences.
Blake’s approach offered a unique look at how the intersection of art and property in Bali can elevate a brand’s digital presence, particularly in the crowded real estate and tourism markets. His innovative method showed how technology can help businesses stand out and connect with their audiences in a meaningful way.
Conclusion of Art and Property in Bali
The Bukit Vista Round Table Talk provided valuable insights into the evolving intersection of art and property in Bali, giving property investors essential knowledge to stay updated. At Bukit Vista, we’re committed to helping our partners succeed by offering tailored strategies, from dynamic pricing to comprehensive onboarding processes. These tools ensure that properties stand out, deliver excellent guest experiences, and achieve the highest returns in Bali’s competitive property market.
Join our next Bukit Vista Round Table Talk to gain exclusive insights from industry leaders, explore innovative strategies like dynamic pricing, and learn how to maximize your property’s potential. Whether you’re a seasoned investor or new to Bali’s property market, our discussions will provide the tools and knowledge you need to stay competitive and grow your business.
Don’t miss out on the opportunity to network and learn. Contact us today to reserve your spot in our next session!