Real Estate Appraisal
Jasa Penaksir Real Estat
🏠 Section L — Real Estate Activities
Property valuation and appraisal services — assessing the market value of real estate assets.
What You Need
PP28/2025 Licensing Data1 scale
Requirements (Indonesian)1
Post-License Obligations3
→ Obtain Health Feasibility Certificate from Dinas Kesehatan
Medium/Large. HIGH RISK. NIB + full License (Izin). 14-day processing. Standard certifications. Authority: Minister/Agency Head.
Fully open — 100% foreign ownership allowed.
CODICE_RINUMERATO from 68200 (previously a broad 'fee-based real estate' code). Now carved out specifically for valuation/appraisal.
Bali Intelligence
Property appraisal in Indonesia is regulated by MAPPI (Masyarakat Profesi Penilai Indonesia) and requires certified appraisers (KJPP). For PMA investors, entering the appraisal market means competing with established local firms and requiring MAPPI-certified staff. This is a professional services play — revenue comes from fees per valuation. The growing foreign property investment in Bali increases demand for appraisals, particularly for lending purposes (bank collateral valuations). However, the Indonesian appraiser certification requirements create a barrier for purely foreign-staffed operations.
KBLI 2025 Real Estate Codes: Property Development, Management & Investment
kita.balizero.comTKA Eligible Positions
Kepmenaker 228/2019 — Category 2: Real Estate
Kepmen 228/2019 lists 6 TKA-eligible positions in this category. Selection optimized using ISCO classification methodology.
KEDUA Provision — Directors & Commissioners Exemption
- 68210 — Real Estate Brokerage (if also handling sales)
- 68292 — Property Management (for ongoing property services)
- 69201 — Accounting (for financial due diligence)
Related Codes
Real Estate Brokerage / Agency
Aktivitas Jasa Intermediasi Real Estat
Residential Property Management (Fee-Based)
Pengelolaan Real Estat Hunian atas Dasar Balas Jasa
Other Fee-Based Real Estate Services
Aktivitas Real Estat atas Dasar Balas Jasa (fee) atau
Residential Property Development
Aktivitas Pengembangan Bangunan dan Lahan Hunian
Residential Property Leasing (Own Property)
Aktivitas Penyewaan Bangunan dan Lahan Hunian Milik
Tourism Area Management
Pengelolaan Kawasan Pariwisata