Lux Property Projects: Debt-Free, Self-Funded, and Scaling Fast in Indonesia
Lux Property Projects: Debt-Free, Self-Funded, and Scaling Fast in Indonesia
Lux Property Projects has confirmed it remains a debt-free property developer with a rapidly expanding asset base, as it continues completing villas, hotels, and resort projects across Bali and prepares for the next phase of growth in Lombok.
The company says its strong balance sheet, in-house construction capability, and accelerating delivery schedule now allow it to self-fund major developments—including Marina Bay City—without relying on external presales or wholesale capital injections.
From Wholesale Success to Retail Focus
Lux confirmed it will significantly reduce wholesale buying across future projects and shift to a predominantly retail-only sales model, targeting 75% or more of all sales at retail pricing.
Wholesale purchasing played a major role in Lux’s early expansion, particularly across its three Bali developments, which sold out in record time. While wholesale opportunities delivered exceptional value to early investors, Lux notes that retail buyers typically pay up to 50% more, making retail sales materially more profitable for the company.
“Wholesale sales were highly successful and helped accelerate growth,” the company said.
“But as our assets, cash position, and construction pipeline have strengthened, retail sales now make more commercial sense for Lux over the long term.”
Completing Projects While Building Long-Term Income
In addition to retail sales, Lux is accelerating plans to retain and operate a growing portfolio of income-producing assets, including villas and resort accommodation across Bali and Lombok.
By completing projects and holding select properties, Lux is positioning itself not just as a developer, but as a long-term owner-operator, generating recurring rental income alongside capital appreciation.
Marina Bay City: Fully Self-Funded
Lux emphasized that Marina Bay City, Lombok, can now be delivered entirely through internal funding, eliminating the need for aggressive wholesale or external capital-raising strategies.
“We don’t need to rely on wholesale buyers to build Marina Bay City,” Lux stated.
“The project can be delivered through our own funding capacity, which gives us greater control, stronger margins, and long-term certainty.”
A Maturing Developer Model
With projects actively being completed, a strong construction pipeline, and a debt-free balance sheet, Lux says it is deliberately transitioning from rapid capital recycling toward sustainable, margin-focused growth.
The result is a business model built on:
✔ Debt-free operations
✔ Retail-dominant sales
✔ Self-funded construction
✔ Completing and retaining assets
✔ Proven delivery capability in Bali
✔ Scalable expansion in Lombok
As Lux Property Projects enters its next phase, the company says its focus is firmly on control, profitability, and long-term value creation across Indonesia’s most in-demand property and tourism markets.