Building Rights
Title reserved for commercial purposes, converted from Hak Milik, and the ownership is transferred to either an Indonesian-owned or foreign-owned company (PT, PMA). Using this title is the most secure approach to owning a property for foreigners and grants the ability to acquire freehold properties. An HGB is valid for up to 70 years, and comprises 30 years of initial validity + 20 years of extension + 20 years of renewal.