The idea behind
Teal Estate

Teal Estate was built with the simple idea that everyone shall be able to invest in real estate without any boundaries.

Buying real estate used to be extremely time-consuming and hard to understand for newbies along with its territory limitation. So, it’s not surprising that many people have ruled out real estate as a viable investment opportunity up to now.

We’re here to change that.

To achieve it, we are determined to provide comprehensive visual information, investment projections, and legal services to ensure quick, stress-free, and reliable processes for every investment.
We are united to lead a significant change in real estate business in Bali. Fully digital. But still truly personal. In other words: All the service, none of the worries!

Why Teal?

Teal represents color of two prominent hues; blue and green shades. This hue understands the importance of being our true self. Color that can be found at ocean, showing something wide, unique and freedom.

Teal represent an animal called teal duck, one of the free living species. Ducks are symbolic of diversity, simplicity, clarity, intuition, and vigilance.

Teal is a word-play to be combined with estate [Real Estate vs Teal Estate] to indicate that we are authentic and at some case might be insane from the traditional real estate point of view.

Meet our people

Joel Sitompul
Founder & CEO
Novi Fitriani
Founder & CMO
Trivena Mamarodia
Founder & COO
Freddy Darmawan
Client Relationship Manager
Creative Marketing Specialist

Teal Estate Whatsapp Chat

Hey buddy, how can we help you?


Type of property ownership dedicated for local investors or foreigners under legal cooperation in Indonesia. The freeholder of a property owns it outright, including the land it is built on. If you buy freehold, you’re responsible for maintaining your property and land, so you’ll need to budget for these costs and taxes.


Surat Hak Milik (SHM) / Surat Hak Guna Bangunan (SHGB)


Lifetime, or until it’s sold to a new owner

owner status

Indonesian individual only or foreigner who has a company in Indonesia (PMA) to buy the property under that company’s name



Type of property ownership for foreign investors who are willing to purchase the property as an individual. With leasehold, you own the property (subject to the terms of the leasehold) for the length of your lease agreement with the freeholder. When the lease ends, ownership returns to the freeholder, unless the contract states guaranteed lease extension at future market price.


Akta Sewa / Right to use – Right to rent


Average 20-30 years, with possible extension. Maximum 99 years

owner status

All people including Indonesian and foreigner with KITAS-Visa status