Marina Bay City Stake Sale Reportedly Finalised — Major Changes Expected for Lombok’s $6 Billion Development
Lombok, Indonesia – In a development that could reshape one of Indonesia’s most ambitious real estate projects, reports suggest that KINARRA Real Estate Platform has agreed to sell its 50% stake in Marina Bay City to Lux Property Company, owned by Jamie McIntyre, for a reported AU$500 million.
While official terms of the sale have yet to be publicly disclosed, industry insiders say the deal is set to trigger significant strategic changes to the project’s vision and branding.
From “Smart City” to “Freedom City”
One of the most notable shifts expected under Lux’s leadership is the rejection of the “Smart City” label in the project’s marketing. Sources close to the development say that many of Lux’s core buyers are part of the growing Freedom Movement — a demographic deeply opposed to the concept of “smart” or “15-minute” cities often associated with the World Economic Forum’s globalist urban planning model.
Critics of such models argue they could pave the way for mass surveillance, digital ID tracking, and centralised control, a future Lux says it wants nothing to do with.
Instead, the project will be promoted as a “Freedom City” — a community designed for people from Indonesia and around the world who seek:
• A more affordable lifestyle
• An escape from growing censorship and surveillance states in the West
• A living environment built around privacy, autonomy, and integration with nature
Design Changes: Scaling Down the High-Rise Plans
Another anticipated shift involves rethinking the controversial 30-storey high-rise tower originally proposed for Marina Bay City. Lux has reportedly been listening to community feedback, much of which called for a city that blends harmoniously with its coastal environment.
Sources suggest the high-rise may be scaled down or redesigned to fit an eco-village aesthetic, preserving open spaces and prioritising sustainable, low-impact infrastructure.
Jamie McIntyre’s Expanding Vision
Jamie McIntyre, a self-made soon-to-be billionaire property developer, founder of the Australian National Review and , and a well-known political commentator, has built a career on predicting major financial trends before the mainstream catches on.
He has helped his clients generate between $8 billion and $10 billion in net worth to date, with many of his forecasts proving remarkably accurate over time.
McIntyre famously advised his followers to buy Bitcoin when it was just US$75, creating billions of dollars in wealth for early investors. He also urged clients to invest in Australian real estate 25 years ago — advice that has paid off many times over — and accurately called the bottom of the US property market in 2010.
In recent years, McIntyre has been encouraging his investors to buy into Indonesia, particularly Bali and Lombok, predicting they will become the next major growth hubs as many Westerners seek to leave their home countries amid rising costs of living, declining freedoms, and potential economic instability. He has warned of a waning US dollar and the risk of financial crises in Western banking systems, advising Australians to look for safer, more affordable, and peaceful living options in destinations like Indonesia.
McIntyre has also been outspoken in advocating for Australia to join the BRICS nations, noting that Indonesia’s recent membership is a strategic advantage. He suggests that if one’s nation won’t join BRICS, relocating to a BRICS country — as he has done — may be a wise move. He has praised Indonesia’s government for strengthening ties with Russia and other BRICS members, positioning itself as a leader in a multipolar world.
High-Profile Media Career and Legal Battle
McIntyre is also reportedly preparing to sue the Australian government for AU$250 million in damages, claiming a politically motivated attack 12 years ago targeted him and his companies after he launched independent media in Australia through the Australian National Review, the first new national newspaper in decades.
At the time, McIntyre was hosting high-profile political and business figures at his events, including Arnold Schwarzenegger and billionaire entrepreneur Richard Branson, and had even been invited to fly and meet with Oprah Winfrey, who was considering coming to Australia on a speaking tour to be promoted by McIntyre.
He claims that his growing influence in both the political and media spheres made him a target, and the alleged attack caused significant personal and financial damage — something he is now seeking to recover through legal action.
Billions More in Potential Investment
Beyond Marina Bay City, McIntyre has proposed three additional mini-city projects. While Lombok remains his priority, other Indonesian islands have been actively courting him to host these developments, which could bring billions of dollars in additional foreign investment and thousands of jobs to local communities.
These planned mini-cities — designed with the same “freedom city” ethos — aim to combine economic opportunity with a lifestyle free from the surveillance-heavy urban models being pushed in other parts of the world.
A Turning Point for Lombok
Marina Bay City, valued at over US$6 billion, is already one of the most high-profile developments in South Lombok’s history. With Lux now potentially holding 100% control, the project’s future appears set to embrace a more community-focused, nature-integrated model — positioning Lombok as a viable, sustainable alternative to overcrowded Bali.
An official announcement confirming the sale and detailing the revised masterplan is expected in the coming weeks.
If the changes proceed as anticipated, Marina Bay City may become a flagship example of a new kind of urban development — one designed for freedom, privacy, and long-term livability.