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Property

Bali's villa-building boom defies COVID economic slump

Investors expect island tourism will be more popular when travel resumes

The changing nature of office work during the pandemic is another factor projected to boost demand for luxury housing in Bali. (Photo courtesy of Sandstone Consulting)
IAN LLOYD NEUBAUER, Contributing writer | Indonesia

DENPASAR, Indonesia -- Construction of new villas in Bali is defying the steep economic downturn that the coronavirus pandemic has caused for the tourist hotspot.

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