For Sale Villa in Bali ⎮Golden Property Investment Opportunity in Seminyak, Bali: Parang Kencana Residences

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Description

Summary of Parang Kencana Residences Parang Kencana Residences is a luxury property project located in Seminyak, Bali, developed by Greenwoods Group. This project blends Bali-style luxury living with Indonesian cultural heritage, particularly batik. Parang Kencana itself has been a renowned name in Indonesia's high-end batik industry for over three decades. Concept and Philosophy The project adopts the concept of "weaving the elegance of batik into luxury living." The philosophy behind its design is reflected in three unit types named after batik motifs: • Gunungan: Symbolizes transition and the ever-changing cycle of life. • Pringgadani: Symbolizes strength, wisdom, and moral integrity. • Sekarjagad: Symbolizes unity, harmony, and balance between humans, nature, and God. Units and Facilities Three unit types are available, each with different sizes and features: • Gunungan: 2-Bedroom and 3-Bathroom type, with a building area of 171m² and a land area of 120m². • Pringgadani: 3-Bedroom and 4-Bathroom type, with a building area of 188m² and a land area of 140m². • Sekarjagad: 3-Bedroom and 4-Bathroom type, with a building area of 214m² and a land area of 160m². The project is equipped with various facilities to support a healthy and tropical lifestyle, including gardens, a jogging area, communal swimming pool, gym, children's playground, and a treehouse. Investment Appeal Bali is a globally attractive tourist destination, with a total of 6.5 million tourists in 2024, a 20% increase from the previous year. The average occupancy rate for rental properties reaches 75% annually, with an average daily rate of $200 USD in the Seminyak area in 2024. Overall, Parang Kencana Residences offers luxurious living that is not only visually captivating but also rich in cultural value, making it ideal for both residence and investment.