Project Description

The project involves the development of The Order, a premium-class residential and hotel complex located in the upscale Jimbaran Hill area of Bali, Indonesia. Developed by Golden Mile, a firm with an 18-year track record, the project is designed as a holistic lifestyle destination that integrates luxury accommodation with cultural immersion and wellness. Situated on a prime 0.75-hectare plot near high-end neighbors like Raffles and Four Seasons, The Order offers a rare freehold ownership structure, ensuring long-term value creation and investor security in a market typically dominated by leasehold properties.

Project Objectives

• Market Positioning: To establish a unique "cultural and architectural journey" that blends Balinese heritage with contemporary luxury, capitalizing on the rising demand for authentic, experience-driven travel.

• Financial Performance: To achieve a Net Profit of $14.2M, a Project IRR of 30.0%, and a Return on Equity (ROE) of 356% through a combination of presales and hotel operations.

• Investor Returns: To deliver consistent returns to property owners with projected yields of 9-12%, supported by professional hotel-grade rental management.

• Community Integration: To foster a "community spirit" through thoughtfully designed spaces that encourage interaction, cultural exchange, and shared activities among residents and guests.

Services Provided

• Real Estate Development: Construction of a 5-story architectural landmark featuring fractal geometry and Hindu temple influences, comprising 138 units (91 residential and 47 hotel units).

• Hospitality Operations: Integrated hotel services including concierge, room service, and rental management to maximize occupancy and guest satisfaction.

• Lifestyle Amenities: Comprehensive facilities including ocean-view rooftop dining, boutique shopping, a spa and wellness center, coworking spaces, a kids' zone, and a music club.

• Cultural Programs: Curated experiences such as art galleries and cultural events that integrate Balinese rituals and philosophy into daily life.

Project Timeline

Phase 1: Pre-Development (2025)

Land plot purchase completed in Q2. Feasibility studies, concept design, and schematic design finalized by Q4.

Phase 2: Planning & Launch (2026)

Receipt of construction licenses and tender documentation. Launch of presales and sales in Q2 2026 to generate early capital inflows.

Phase 3: Construction (Aug 2026 – May 2029)

Main construction phase spanning approximately 32 months, utilizing a $16.6M construction loan drawdown.

Completion (Dec 2029)

Commissioning of the building and full operational handover.

Budget Estimate

The project requires a Total Development Budget of $47.3 Million, with a construction loan requirement of $16.6 Million.

• Total Revenue: $66.4 Million.

• Net Profit: $14.2 Million.

• Cost Breakdown: $18.1M Hard Costs, $3.8M Land Cost, $2.7M Soft Costs, and $2.6M FF&E.

Key Project Team

• Developer: Golden Mile (18+ years of experience in luxury residences and mixed-use complexes).

• Project Manager & Architect: Archetype Group (Global consultancy with 1,000+ staff).

• Strategic Advisor: Colliers International (Top 5 global real estate advisory).

• Hospitality Consultant: C9 Hotelworks (Specialists in hotel and branded residence development).

• Structural Consultant: TTW Australia.

• MEP Consultant: Metakom Pranata.

Additional Features

• Freehold Ownership: A significant competitive advantage offering rare permanent ownership rights in Bali, driving long-term capital appreciation.

• Revenue Share Model: A structured split of 45-55% (Owner) / 45-55% (Operator), providing owners with predictable income while the operator drives ADR and occupancy.

• Prime Location: Located 2 minutes from Jimbaran Beach and 30 minutes from the airport, surrounded by "High-End Neighbors" like Ayana, Raffles, and InterContinental.

• Target Audience: Tailored for Families, Digital Nomads, and Wellness Lovers, offering specific amenities like coworking spaces and safe play areas to meet diverse needs.