Bali moved north.
We got there first.

Eight villas above the clouds in Munduk, one hour from the island's new international gateway. A single mountain estate, rising now.

Around 65% complete. Under construction since July 2025: the land platform, access road and seven of the eight villa structures are done, with architectural finishing now underway. Handover December 2027.

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The thesis

The south is full.
The smart money already moved.

Canggu, Seminyak, Uluwatu: the land that defined the last decade of Bali has become saturated, priced-out and gridlocked. The future of Bali has a new address, and it points north: cooler air, pristine landscapes, and the single piece of infrastructure that will redraw the island's map.

Golden-hour aerial of the eight villas set into the Munduk forest
Eight villas rising · Munduk
Why now

A new airport. The Heights' main catalyst.

NORTH BALI INTERNATIONAL AIRPORT PSN · Pres. Reg. 12/2025

Bali has always run on one airport in the far south, already beyond capacity at a record seven million-plus arrivals in 2025, after a 19% jump the year before. The new North Bali International Airport is the catalyst: a ~US$3-billion gateway that pulls Bali's growth north. Land next to big new infrastructure rises first, and fastest, and Munduk sits one hour away, in the airport's own region. The smart money buys in early, before the first runway is poured.

≈ US$ 3B
Airport investment
7M+
Bali arrivals 2025 · record
~1 h
To Munduk · vs ~3 h south
Before
Entry pre-groundbreaking
3D render of North Bali International Airport, built on the sea
Artist's impression · North Bali International Airport, read more on Wikipedia ↗
~3 h ~1 h Lovina Singaraja Ubud Denpasar Amlapura NEW AIRPORT North Bali · this decade Ngurah Rai (South) · the old gateway MUNDUK THE HEIGHTS
StatusNational Strategic Project (PSN)
Pres. Reg. 12 / 2025
LocationBuleleng Regency, the same regency as Munduk
Scale≈ US$ 3 billion · ≈ 2,800 ha
CapacityUp to 50 million passengers/yr
built on reclaimed sea · 2 runways
TimelineFirst runway targeted 2027-2028

Sources: Presidential Regulation No. 12/2025; North Bali International Airport (Wikipedia); public reporting 2025-2026. Government timelines are indicative and subject to change.

The investment case

The numbers, before the runway.

The Heights is a five-star resort: eight villas, a lobby and a restaurant, built by the contractor behind the Apurva Kempinski Bali. It sits one hour from Bali's new international airport. The structures are built and the finishing is the next phase, with handover set for December 2027. Bali had a record seven million-plus visitors in 2025, and the old airport in the south is full. Growth is now moving north, where land still costs 60 to 70% less than the south. This is the moment to buy, before the airport breaks ground. You can take the whole resort, or one villa at a time.

Two ways in
Option A · The flagship

Acquire the entire resort.

One buyer takes all eight villas, plus the lobby and restaurant, reached by Bali's first suspended jungle road, the most unique feature on the island: a complete five-star resort on one hillside, handed over ready to run. You own the name, the rental business and all the upside as the airport lifts land values, in one deal. Around 65% complete and building since July 2025, with finishing the final phase before December 2027 handover.

Option B · Villa by villa

Or one at a time.

Buy one villa, or a few, each on an 80-year lease in your own name. Own US$1 million or more in property and your whole family also gets Indonesia's Second Home visa: a five-year residency, renewable, on one visa.

60-70%
Cheaper than south-coast land
US$ 3B
Airport in Munduk's regency
Up to 50M
Passengers/yr at full build
10-15%
Analyst early-mover appreciation p.a.*
Illustrative land-value trajectory · North Bali
Today's entry point Groundbreaking First flights Full operations 2026202720282029203020312032 Land value · illustrative index, 2026 = 100, at ~12% per year
The upsidePre-airport entry

Land in the airport's own regency typically re-rates first and hardest. North Bali still sits well below the priced-out south.

De-riskedBuilt, and at cost

The first 65%, built since July 2025, already carries all the land, financing and management costs. What remains is offered at construction cost, so the developer margin and airport upside are yours. No off-plan land risk.

Rental incomeBuilt for yield

Operated as luxury villas, like the sold-out Melasti and Bingin, with managed rental on offer.

Ownership & exitSecure, long-term

Indonesia's recognised leasehold structure (Hak Guna Bangunan). Pricing, payment plan and terms on request.

*Figures are illustrative and drawn from third-party market commentary on North Bali (Buleleng) and the North Bali International Airport. They are not a forecast, guarantee, or financial advice. The full returns model is shared with qualified buyers. Download prices & ROI →

The return

Buy before the catalyst. Sell into it.

The timing is the point. You buy the resort now, while the north is still cheap and the airport is only on paper. The structures are built and the finishing is next; it hands over in December 2027. Local competitors already run at 81 to 86% occupancy, so the demand is proven, and yours earns from the day it hands over. Then the airport does the work: once it breaks ground, land nearby jumps in value, and a resort like this can be sold or refinanced for far more than you paid. When it opens, more again. This is not a rumour. It is a national project, already funded and approved.

86%
Occupancy local competitors achieve
8.29%
Net yield at a conservative 80%*
See the full numbers
Prices & ROI (PDF) Residency guide (PDF)
Income nowIt earns from day one

Local competitors run at 81 to 86% occupancy, so demand is proven. Yours earns from the day it hands over.

The flipSell into the airport

When the airport breaks ground, land in the same regency jumps in value. Early owners can sell, or refinance, into that demand.

The long holdPicture it years on

An international airport one hour away, with a new city growing around it. The longer you hold, the more the north fills in.

ResidencyFive years, one family visa

Owning on an 80-year lease gives your whole family Indonesia's Second Home visa: a five-year residency, renewable, on a single visa.

*A net yield of 8.29% on the resort at a conservative 80% occupancy. Local competitors already run at 81 to 86% (see the competition below), where the yield reaches 9.04%, and airport upside is on top. These are illustrative estimates, not a forecast, guarantee or financial advice. The full model is shared with qualified buyers.

Track record

We don't pitch. We deliver.

Before Munduk, there was Melasti and Bingin: fifteen villas built and sold out in Bali's south. The same team now brings Munduk forward, to the same Kempinski-grade standard. It is their most ambitious project yet.

The Heights Melasti, delivered cliff-side villa with pool at dusk
Delivered · Bukit Peninsula

The Heights Melasti

Cliff-side luxury villas, completed and occupied. Seven villas, three designs, all sold out. Proof of finish, proof of follow-through.

Explore The Heights Melasti →
The Heights Bingin, eight luxury villas
Delivered · Uluwatu

The Heights Bingin

Eight luxury villas in the south, the second landmark in the portfolio, built and delivered.

The people behind it

Built to Kempinski-grade standards.

The Heights Munduk is built by HMK, the contractor behind the Apurva Kempinski Bali, the island's benchmark for five-star craft. The villas are designed by the architect behind Alila Villas, and developed by Conceptive, the French team that already delivered The Heights Melasti and Bingin, both sold out. A finish like this isn't improvised; it is the work of people who have built it before.

The Apurva Kempinski Bali, built by HMK
The Apurva Kempinski Bali, built by HMK
The residences

Eight villas. Four kinds.

From two-bedroom retreats to a four-bedroom signature, every villa is engineered for the view and the mountain climate. A single 1.2-hectare estate, set on the slope and surrounded by jungle, with the volcanoes on the horizon. Not a cluster of units, but one mountain resort above the clouds.

Premium villa

Premium

2 villas
2Bedrooms
179 m²Internal
Private poolHot plungeSaunaFireplace
View villa & floor plan →
Privilège villa

Privilège

3 villas
2Bedrooms
193 m²Internal
Private poolHot plungeSaunaFireplace
View villa & floor plan →
Deluxe villa

Deluxe

2 villas
3Bedrooms
303 m²Internal
Private poolHot plungeSaunaFireplace
View villa & floor plan →
Signature four-bedroom villa

Signature

1 villa · off-plan
4Bedrooms
432 m²Internal
Private poolHot plungeSaunaFireplace
View villa & floor plan →
Lobby lounge with fireplace and seating, opening to the valley

Lobby & restaurant

Shared
199 m²Pavilion
50Restaurant seats
ArrivalLoungeDiningBarShop
View lobby & restaurant →
The masterplan

Eight villas. One hillside.

From the gateway, the suspended road climbs past the lobby to the two Premium villas, then the two Deluxe, up to the Signature on its plateau, and on to the three Privilège villas crowning the summit. Hover a marker to explore each residence.

▲ Summit open land · room to build Gateway · entrance Lobby pavilion Premium · 2BR Premium · 2BR Deluxe · 3BR Deluxe · 3BR Signature · 4BR Privilège · 2BR Privilège · 2BR Privilège · 2BR
Signature1 villa · the showpiece4BR · 432 m²
Deluxe2 villas3BR · 303 m²
Privilège3 villas2BR · 193 m²
Premium2 villas2BR · 179 m²
Lobby pavilionArrival · 199 m²
Gateway & staffPlus one spare plot for a wellness pavilion

Land outline and suspended road traced from the architect's master plan; villa positions shown as surveyed. From the gateway: lobby, two Premium (2BR), two Deluxe (3BR), the Signature (4BR) on its plateau, then three Privilège (2BR) climbing to the open summit. Full survey drawing available on request.

Where we are

Around 65% complete. Set for December 2027.

Under construction since July 2025, the resort is around 65% complete: the land platform, the access road and seven of the eight villa structures are done, and the architectural finishing is now underway. Every step, all the way to handover, is on the path below.

Stage 01

Land & roads

Site secured, suspended road formed.

Stage 02 · Complete

Structure

Structures built, finishing is the next phase.

Stage 03 · Imminent

Architecture & finishes

Facades, interiors and the lobby pavilion, starting now.

Stage 04

Handover

Completion and keys, December 2027.

Aerial construction progress, May 2026
Construction · May 2026
The signature of the project

The suspended road. Unique in Bali.

No other estate in Bali has this. A road suspended through the canopy reaches every villa without ever touching the forest floor. You arrive in your own electric buggy, gliding above the trees in the silence of the jungle, the volcanoes on the horizon. It is the estate's defining moment, and the shot every guest will post.

Bali's first suspended road sweeping through the jungle canopy
Bali's first suspended road · the arrival
Fly the suspended road, FPV flythrough Watch in 4K ↗
A different Bali

A Bali you didn't know existed. Cool, green, rare.

At a thousand metres, Munduk breaks every Bali cliché. While the south swelters in heat and traffic, here the air stays cool and misty, 18 to 24°C year-round, the only Bali where the evening calls for a fire. Forested, unpolluted, still: coffee and vanilla country, threaded with waterfalls, beside the twin crater lakes. The Bali that existed before the crowds.

The estate, in the Munduk highlands
1,000 m
Elevation
18-24°C
Cool, year-round
2 lakes
Volcanic craters next door
Waterfalls
Threading the ravines, minutes away
Bioclimatic by design

A resort that feeds and waters itself.

Set in some of Bali's most fertile highland soil, The Heights grows its own food on the hillside, harvested and served the same day in the restaurant. Its water moves in a closed loop: drawn from the mountain's own springs, filtered and bottled on site, used across the resort, then returned through an on-site treatment station to feed the gardens it came from. Nothing is trucked in, and almost nothing leaves. This is luxury that lives in rhythm with the mountain around it, cool, clean and quietly self-sustaining.

Munduk twin waterfall and jungle, the resort's natural water source
Munduk's springs and waterfalls, the resort's water source
Grown here
Produce served the same day
Closed loop
Water captured, used, returned
Bottled on site
From the mountain's springs
Treated on site
Back to the gardens
See it in motion

The setting. In 4K.

Questions, answered

Before you ask.

What return can I expect?

Conservatively, about 8.29% net a year at 80% occupancy. Local competitors already run at 81 to 86%, where it reaches 9.04%, and the airport upside is on top. The full returns model is in the prices and ROI pack. These are estimates, not guarantees.

What does it cost?

The estate is offered as a whole resort, or villa by villa. The full price list and the returns model are in the prices and ROI pack, free to download.

How does the new airport change the value?

The North Bali International Airport, a US$3-billion national strategic project, is one hour away in Munduk's own regency. Land closest to new infrastructure of this scale re-rates first and fastest, so buying before it breaks ground is the early-entry window.

Can I get residency?

Yes. Owning US$1 million or more in property, on an 80-year lease in your own name, qualifies you and your whole family for Indonesia's Second Home visa: a five-year residency, renewable and multi-entry, on one visa. We handle it end to end.

Can foreigners own here?

Yes, through Indonesia's recognised leasehold (Hak Guna Bangunan): an 80-year lease held in your own name. Full terms are in the residency guide.

When is it ready?

The resort is around 65% complete and has been under construction since July 2025. The land platform, access road and seven of the eight villa structures are done; the architectural finishing is the final phase, with handover set for December 2027. The four-bedroom Signature is off-plan and not yet started, delivered with the estate by handover. You acquire a largely built asset, not bare land.

Who is building it?

HMK, the contractor behind the Apurva Kempinski Bali, with architecture by the studio behind Alila Villas and development by Conceptive, who delivered The Heights Melasti and Bingin, both sold out.

Register your interest

The next jewel in a saturated Bali. Before the airport breaks ground next door.

Eight villas. One hillside. One hour from the new gateway. The smart money moves before the runway is poured, and private viewings, the prices and ROI, and the residency pathway are open to qualified buyers.

Download the prices & ROI