Yes, in part. For a freehold (Hak Milik) or HGB land purchase — by an Indonesian owner or a foreign-owned company — Ascendure can advance up to 50% of the land’s forced-sale value — the price an independent valuer says it would fetch in a quick sale — with the rest coming from your own money or partners’. Once the land is paid for, a smaller pre-construction facility can sometimes be advanced against it to cover the building permit (PBG), design and marketing, followed by a construction facility, with the legal and security work done once for both. Information only.
How much of a land purchase can Ascendure fund?
Up to 50% of the land’s forced-sale value, for freehold (Hak Milik) or HGB land. The forced-sale value is set by an independent valuer and is lower than the market price — it is what the land would fetch if it had to be sold quickly — so in practice the advance is usually well under half of the purchase price. The rest is your own money.
For example, on a plot priced at USD 1.6 million with a forced-sale valuation of USD 1.2 million, the advance could be up to USD 600,000, and the buyer would put in the remaining USD 1 million plus costs. Illustrative — not financial advice.
The advance is secured by a registered mortgage (Hak Tanggungan) over the land. Both owner types qualify: Indonesian owners holding Hak Milik, and foreign-owned companies (PT PMA) holding HGB, the right to build. See how foreigners hold property in Bali.
Why only part of the land, not all of it?
Because the land is what secures everything that comes after it. A capital provider wants to see that you have real money in the project from the start. Your share of the land, the design and the permits is that commitment — and it keeps both sides aligned before the project has been designed, permitted or tested with buyers. See how Ascendure works.
How do people usually pay for the rest of the land?
Most Bali projects start with the owner’s own money, often alongside partners or friends-and-family who come in as shareholders. A few other routes come up regularly:
- Your own equity or partners’ equity — the simplest and the cleanest for anyone who backs the build later.
- Staged payments to the landowner — some landowners will accept the price in instalments. This can work, but until the last instalment is paid the land is not fully yours, which usually means it cannot be offered as security.
- Leasehold instead of freehold — a long lease often needs less cash up front than buying outright. Some lease deals spread the prepayment over time; how that affects security depends on the lease terms, so check with Indonesian counsel. See leasehold vs freehold.
Bank finance for land is hard to obtain in Indonesia, particularly for foreign-owned companies. For what land should cost, see how much to pay for land in Bali. Information only.
What counts as pre-construction costs?
Everything between owning the land and breaking ground:
- The PBG (Persetujuan Bangunan Gedung — the building approval) and any environmental approvals the project’s size requires.
- Design — architect, structural and services engineers, and the drawings a contractor needs to price the job.
- Marketing — brochures, a sales office or website, agent fees, so that off-plan sales can begin.
For how the permit stack works, see the Bali permit stack: PBG and SLF.
When can a pre-construction facility be advanced?
When the land is fully paid and can be offered as security. In that case Ascendure can sometimes advance a smaller facility against the land to get the project through permits, design and the launch of sales. What helps:
- Clean title — a freehold (Hak Milik) or HGB certificate, or a lease that can be novated (transferred) to the capital provider if things go wrong.
- The land held in the company that will build the project — see a separate company for each project.
- KBLI business codes that match the project, and zoning that allows it.
- A credible budget and programme for the build that follows.
What happens once the project is ready to build?
The pre-construction facility is followed by a separate construction facility, with the full cost to complete committed from day one and released in stages against independent quantity-surveyor certificates. The legal documentation and security are set up once and cover both stages, so you pay for that work only once — and you avoid carrying the cost of construction money months before you need it. See staged capital release.
What if the land is not fully paid yet?
If it is freehold, a land facility of up to 50% of its forced-sale value can help complete the purchase, with the balance from equity. A plot with instalments still owed to the landowner is harder to take as security, because someone else still has a claim on it until the last payment. Once the land is clear, the conversation about pre-construction and construction funding can start. Information only.
Last reviewed October 2026. General information about the Indonesian market, not legal, tax or financial advice. Take advice from an Indonesian notary and legal counsel on any specific structure.
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