This stunning residential project promises a seamless process for foreign investors
Recent regulatory shifts in Indonesia have heralded unprecedented opportunities for foreign investors keen on exploring its property market. These transformative regulations enable foreign passport holders to easily purchase properties, promising a transparent purchase process, zero additional stamp duties, and a value proposition of luxury development. In this revitalised landscape, Swire Properties and Jakarta Setiabudi International Group present Savyavasa, a residential gem poised to attract discerning global buyers.
Nestled in the esteemed Dharmawangsa district of South Jakarta, Savyavasa epitomises luxury living. This splendid venture, a collaborative effort between Swire Properties and Jakarta Setiabudi International Group, has been brought to life by acclaimed Singaporean architectural firm SCDA, known for their harmonious integration of modern aesthetics with environmental mindfulness.
The architecture of Savyavasa is a design odyssey, melding cutting-edge contemporary design with a deep-rooted commitment to sustainability. Themed “Creating Harmony. Perfected by Nature”, Savyavasa is the first high-rise residential development in Jakarta to earn the Green Mark Gold standard, pioneering a new standard in eco-luxury living. The development comprises three towers that house 403 units, varying from two to four-bedroom apartments. Each unit is elegant, with expansive double-height living and dining areas in the larger apartments amplifying the sense of luxury and space.
The development also features an array of amenities designed for wellness and leisure, including a one-kilometre jogging track that meanders through lush parklands, expansive lawns, leisure and lap pools, a natural playground for children, and a state-of-the-art gym. These facilities, combined with a multifunction court and a barbecue pit, foster both relaxation and community engagement.
Additionally, Savyavasa promises foreign buyers comprehensive support throughout the ownership process. This commitment is underpinned by an all-encompassing support system designed to shepherd buyers seamlessly through the ownership journey. From the intricacies of legal proceedings to insightful investment advice, Savyavasa ensures every aspect of the property acquisition experience is as refined and effortless as the lifestyle it offers.
“We are ready to support foreign passport holders whether they reside overseas or are already in Indonesia,” says Sophie Watson-Swingewood, Vice President Director of Swire Properties Indonesia. “The opportunity to purchase property with no additional “foreigner tax”or duties poses an excellent investment opportunity for early movers.”