Investment Goals
The Kedungu Fund always looks for opportunities using a strict due diligence process to ensure investments are responsible and beneficial for its valued investors. We concentrate on emerging areas in Bali with a strong potential for future development, low vacancy levels and growing population demographics.
TKF’s investment strategy focuses on opportunities in the designated areas (Kedungu mainly), with the flexibility to adjust to market fluctuations and capitalize on alternative investment opportunities as they arise.
Key Main Strategies
Kosong Satu Capital always looks for opportunities using a strict due diligence process to ensure investments are responsible and beneficial for its valued investors. We concentrate on emerging areas in Bali with a strong potential for future development, low vacancy levels and growing population demographics. The fund's investment strategy focuses on opportunities in the designated areas, (Kedungu mainly) with the flexibility to adjust to market fluctuations and capitalize on alternative investment opportunities as they arise.
1. Land Banking
Bali is a highly sought-after destination for real estate, and as such, land prices and development have been steadily increasing, particularly in areas moving westward. As the island continues to grow in popularity, more and more investors and developers are looking to take advantage of the stunning scenery and tropical climate. The west coast of Bali is particularly desirable due to its proximity to the famous surf spots and beaches, as well as its relatively undeveloped state. As demand continues to rise, we are seeing prices and development moving westward, making it a great time to invest in this area before prices rise even further.
2. Commercial & Residential Development
Investing in large-scale commercial development within the burgeoning Kedungu region of Bali presents a compelling opportunity for robust profitability. Kedungu’s real estate sector is currently experiencing remarkable growth, driven by an influx of tourists and the government’s commitment to infrastructure development, resulting in an escalating demand for premium commercial properties.
This heightened demand, combined with limited available land for development, establishes a favourable supply-demand dynamic, allowing us to command premium rates and achieve exceptional returns on our investments.
3. Rental Revenue Development
The Kedungu Fund is dedicated to the strategic development of both residential and commercial properties. Leveraging the TKF’s capital, we aim to construct a mix of business spaces and premium lodging.
Our primary revenue model centres on renting these properties, capitalizing on consistent rental income streams. As part of our commitment to sustainability, we place a strong emphasis on incorporating eco-friendly practices and technologies into our property development projects. By minimizing environmental impact, we aim to create a positive contribution to the planet.
Moreover, we actively engage with local stakeholders, taking a community-driven approach to understand their needs and foster social and economic growth. Through the integration of sustainability and community involvement, we strive to create long-lasting value for both our investors and the communities we serve, ensuring a harmonious and prosperous future for all.
1. Land Banking
Bali is a highly sought-after destination for real estate, and as such, land prices and development have been steadily increasing, particularly in areas moving westward. As the island continues to grow in popularity, more and more investors and developers are looking to take advantage of the stunning scenery and tropical climate. The west coast of Bali is particularly desirable due to its proximity to the famous surf spots and beaches, as well as its relatively undeveloped state. As demand continues to rise, we are seeing prices and development moving westward, making it a great time to invest in this area before prices rise even further.
2. Commercial & Residential Development
Estimated IRR across the various residential asset classes : +46.6%
The examples below demonstrate the return on investment for two types of assets: the construction of a new villa and the renovation of an existing house.
Both scenarios include the cost of the land for a 25-30 year lease period..
1. HIGH END - 3 BEDROOM VILLA Ex.
2. 2 BEDROOM - LOCAL HOUSE Ex.
2. Commercial & Residential Development
Investing in large-scale commercial development within the burgeoning Kedungu region of Bali presents a compelling opportunity for robust profitability. Kedungu’s real estate sector is currently experiencing remarkable growth, driven by an influx of tourists and the government’s commitment to infrastructure development, resulting in an escalating demand for premium commercial properties.
This heightened demand, combined with limited available land for development, establishes a favourable supply-demand dynamic, allowing us to command premium rates and achieve exceptional returns on our investments.
3. Rental Revenue Development (Residential & Commercial)
The Kedungu Fund is dedicated to the strategic development of both residential and commercial properties. Leveraging the TKF’s capital, we aim to construct a mix of business spaces and premium lodging.
Our primary revenue model centres on renting these properties, capitalizing on consistent rental income streams. As part of our commitment to sustainability, we place a strong emphasis on incorporating eco-friendly practices and technologies into our property development projects. By minimizing environmental impact, we aim to create a positive contribution to the planet.
Moreover, we actively engage with local stakeholders, taking a community-driven approach to understand their needs and foster social and economic growth. Through the integration of sustainability and community involvement, we strive to create long-lasting value for both our investors and the communities we serve, ensuring a harmonious and prosperous future for all.
Ongoing Development
Introducing Céline Patron, Project Manager of Grow in Kedungu
Grow in Bali (International School)
Purposeful Investment: The Kedungu Fund invested in a 1500m2 land parcel to develop an International School (Elementary), aligning with our commitment to education and community support.
This purposeful project not only generates consistent rental revenue but also aims to bring families to the area. By fostering a vibrant community and increasing property values in Kedungu, our investment reflects a dual impact strategy focused on positive outcomes for both investors and the local community.
Long-Term Lease Agreements: We have secured a school operator which will provide a stable and sustainable source of rental income, contributing to the growth of our investment.
Opened: August 2025
Luxembourg (Bakery - Restaurant)
Strategic Investment: The Kedungu Fund has strategically invested in a 400m2 plot to build Luxembourg Bakery, a French cuisine bakery and restaurant catering to the middle to high price range. This venture is poised to generate rental income, appeal to food enthusiasts, and contribute positively to the local community. Our overarching strategy is centered around creating opportunities for Food and Beverage (F&B) ventures, thereby enriching the Kedungu community and elevating the region's appeal through the establishment of quality businesses that draw in more residents and visitors.
Long-Term Lease Agreements: We are actively engaging with reputable culinary institutions and organizations to establish long-term lease agreements. These agreements will provide a stable and sustainable source of rental income, contributing to the growth of our investment.
Planned Construction start: Q4 2025
Kedungu Shoping Plaza
Kedungu Plaza, a delightful boutique shopping centre, is carefully crafted to nurture a strong sense of community. It will host a range of businesses, including cafes, co-working spaces, and diverse retail outlets. This project is strategically positioned on an 880m2 plot we’ve already secured, nestled in the heart of Kedungu’s coveted real estate district. We are currently in the process of bringing this vision to life, with a groundbreaking date scheduled for Q4 2026.
Groundbreaking dates: Q4 2026
Kedungu School Campus 2
Purposeful Investment: The Kedungu Fund has acquired land for the development of a second school campus, designed to meet growing demand for middle and high school education in Kedungu. This initiative expands our presence in the education sector while creating a stable, income-generating asset. By attracting long-term residents and families to the area, the campus further strengthens the local ecosystem and supports sustained property value growth.
Long-Term Lease Agreements: We are partnering with established educational operators to secure long-term lease agreements, providing operational stability and a predictable, recurring income stream for investors.
Groundbreaking dates: 2027
Kedungu Medical Centre
Purposeful Investment: The Kedungu Fund has acquired land for the development of a second school campus, designed to meet growing demand for middle and high school education in Kedungu. This initiative expands our presence in the education sector while creating a stable, income-generating asset. By attracting long-term residents and families to the area, the campus further strengthens the local ecosystem and supports sustained property value growth.
Long-Term Lease Agreements: We are partnering with established educational operators to secure long-term lease agreements, providing operational stability and a predictable, recurring income stream for investors.
Groundbreaking dates: 2027
Kedungu Retirement Home
Purposeful Investment: The Kedungu Fund strategically invested in a land parcel to develop a Retirement Home, aligning with our commitment to long-term living solutions and community well-being. This project is designed to generate stable rental income while introducing a high-quality care facility. By supporting an ageing population and encouraging longer-term residency in Kedungu, the development contributes to a more sustainable community while enhancing overall land value.
Groundbreaking dates: Q4 2026
Kedungu Square (Gym, art gallery, café)
Kedungu Square is a compact retail center that features a gym, a variety of dining options, and an art gallery.
Its prime location in the heart of Kedungu makes it an ideal destination for residents and visitors alike.
Kedungu Square is currently a work in progress, and construction is scheduled to commence by mid-2025.
3. Rental Revenue Development
(Residential & Commercial)
Our fund is dedicated to the strategic development of both residential and commercial properties. Leveraging the fund's capital, we aim to construct a mix of premium villas and business spaces. Our primary revenue model centers on renting these properties, capitalizing on consistent rental income streams.
As part of our commitment to sustainability, we place a strong emphasis on incorporating eco-friendly practices and technologies into our property development projects.
By minimizing environmental impact, we aim to create a positive contribution to the planet.
Moreover, we actively engage with local stakeholders, taking a community-driven approach to understand their needs and foster social and economic growth.
Through the integration of sustainability and community involvement, we strive to create long-lasting value for both our investors and the communities we serve, ensuring a harmonious and prosperous future for all.
Medium Term Strategy
The Singapore Strategy
Setting up in Singapore is a smart move, mainly for access to loans. Under Indonesian banking law, foreign-owned companies (PMAs) find it almost impossible to borrow. Singapore offers a good setup for company loans at favourable rates.
Cheaper financing: By basing in Singapore and using debt financing, The Kedungu Fund can make more investments while keeping more of the returns for investors. This is key to reaching its long-term goals and getting the best returns.
Growing the Investor Base
The initial rounds of fundraising have been restricted to our personal network of friends and family.
As the fund matures, our goal is to expand the investor base to enhance returns.
How does that work?
The reason behind this approach is simple: the more capital the fund has at its disposal, the higher the returns will be.
This is because a larger fund size allows to make larger investments, secure better purchase prices, and allocate more resources towards high-return land development opportunities, as opposed to off-plan.
Real Estate Agent partnerships
A key strategy for the fund's rapid growth is to increase accessibility by partnering with real estate agents in Bali and abroad.
These agents will sell equity in the fund for a commission, attracting a diverse range of investors, regardless of the size of their investment.
Invest with us
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