According to NusaBali, PT Asia Mas Realty will continue the development of its Canggu Hills integrated area by launching Phase Three, which will consist of 35 Ecovista-themed villas. The plan was announced by the company’s Marketing Director, Kevin Daniel, following strong demand in earlier phases.
The announcement was made during an Agent Gathering event at the Canggu Hills Marketing Gallery on Jalan Raya Canggu, Pererenan, Mengwi, Badung, on Thursday, January 15.
“We are very happy and grateful to God because since the launch of Phases 1 and 2, the support from agents and individuals has been extraordinary,” Kevin said, as quoted from NusaBali.
“Many people keep asking when the buildings will come to market, because previously we sold lots with the Freedom Defined by You concept, giving investors complete freedom in design.”
According to the company, Phase One of Canggu Hills sold 61 units within 30 days in July 2025. Phase Two, which consisted of 32 residential lots, has reached 95% sales, with only five units remaining. This performance led management to introduce building products in the next phase.
“This time, we decided to build 35 Ecovista villas directly,” Kevin said. “Market demand is very high, especially because Canggu Hills is a truly integrated freehold area, something very rare in Bali.”
Integrated Freehold Zoning as Key Selling Point
Kevin explained that Canggu Hills is located within a planned zoning area that includes residential, commercial, shophouse, hotel, and shopping centre developments. He said the entire area holds freehold status, which contributes to its investment appeal.
“In Bali, integrated freehold areas are not easy,” he said. “Here, all zoning is clear, from residential to commercial. The permits are complete because it is in the orange mixed zone, yellow residential zone, and red commercial zone, so investors are completely safe.”
One of the distinguishing features of the project is the planned development of Canggu Hills Mall, which will be integrated directly into the residential area. The mall is designed to accommodate approximately 200 high-end tenants across two floors.
“The residential area is already bustling, but businesses will only truly thrive once there are residents,” Kevin said. “Imagine having a private villa directly across from a mall, just a short walk away. This does not exist in Bali yet.”
Mall Development, Investor Scheme, and Marketing Programme
Canggu Hills Mall is scheduled for a soft opening in June 2028. The mall will focus on culinary offerings, lifestyle tenants, and daily necessities. While the domestic market remains the primary target, the company is also opening access to expatriates and foreign residents.
PT Asia Mas Realty plans to offer a 30-year leasehold scheme for 21 units, in line with prevailing regulations, including for foreign investors operating under a Foreign Direct Investment (PMA) structure.
“This development also aligns with the government’s policy of selecting quality expatriates to Bali,” Kevin said. “We are promoting a super-exclusive cluster with the slogan ‘only for sultans, private villas in front of the mall’. Our target is clear: high-class investors and residents.”
Kevin also stated that the project is expected to contribute to local employment. “We are creating many jobs, from field staff to professionals, and prioritising local Balinese,” he said.
