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KBLI Navigator/Section L/68129
KBLI 68129★ Gold-Tier Intel

Non-Residential Real Estate (Own Property)

Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa

🏠 Section L — Real Estate Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignRenumbered🏝️⚠️Closure proposed (Bali)❓Not classifiable — divergence documented

Non-Residential Real Estate, With a Bali Warning Flag

KBLI 68129 covers non-residential property operation and development, nationally open to full foreign ownership while Bali is marked for a proposed PMA closure.

By the numbers
National foreign-ownership ceiling
100%
PMA source
Perpres 10/2021, 49/2021
Bali status
Closed in Bali (proposed)
Bali moratorium source
Gubernur letter B.27.000/642/PM/DPMPTSP
Nationally the activity is fully open to foreign ownership; in Bali, it is not presently marked blocked but carries a proposed-PMA-closure status.
Licensing & Requirements

What You Need

Licensing RouteNo verified basis — divergence documented
OSS-RBA RowsDetached (unverified source)
Foreign Ownership100% Open
AuthorityNot verified — see divergence note

Licensing

PMA

Next step

2020 → 2025

Renumbered from KBLI 2020. Your OSS registration may need updating to the new code. Previous code(s): 68111.

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KBLI 2025 Real Estate Codes: Property Development, Management & Investment

kita.balizero.com
Foreign Workers

TKA Eligible Positions

Kepmenaker 228/2019 — Category 2: Real Estate

6 in category
1344General ManagerManajer Umum
1344Deputy General ManagerWakil Manajer Umum
1223Retail Development General ManagerManajer Umum Pengembangan Retail
1213Corporate Planning ManagerManajer Perencanaan Perusahaan
1221Marketing ManagerManajer Pemasaran

Kepmen 228/2019 lists 6 TKA-eligible positions in this category. Selection optimized using ISCO classification methodology.

KEDUA Provision — Directors & Commissioners Exemption
Directors and Commissioners who do NOT manage personalia can work without being listed in the jabatan.
Complementary Codes

Regulatory Divergence

The licensing previously shown for 68129 was removed because its source could not be verified as applying to this activity. Here is what the sources actually say — with citations.

Correction note — verbatim, with source locators

KBLI 2025 code 68129 'Aktivitas Real Estat (Bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa' (other non-residential real-estate activity, own or leased buildings/land) carries canonical status_mapping='CODICE_RINUMERATO', kbli_2020_source='68111', pp28_sources=['68111'] — the same correct citation as 68127 above, confirmed by the Lot 5 conductor gate report's seven-child fan reading (§2); NOT disputed by this cure. Verified this session by direct read of the served per_skala payload: the served row is a property-BROKERAGE licensing regime ('Jasa Perantaraan Perdagangan Properti', broker-competency certification, property-management-and-investment specialist requirements) — a distinct third contamination signature within this lot's 68xxx cluster (neither the hygiene-sanitation block of 68123/68125/68126 nor the industrial-zone block of 68125/68127), and topically unconnected to this code's own-account non-residential real-estate scope (brokerage-on-behalf-of-others is a different activity class). Per the detach-all rule, the entire per_skala array is detached; crosswalk metadata is left UNCHANGED (nothing to correct). per_skala detached; the licensing regime for this non-residential real-estate activity is not retrievable from the pinned sources as hunted. Lot 5 conductor gate (SIGNED), run wf_0f7438f4-a41, 2026-07-19.

The detached licensing rows (source unverified for this activity)1 row

These rows were previously shown on this page and have been detached — the correction note above documents, with source locators, why their source could not be kept for the activity this page describes. They are preserved here as the audit trail of the divergence.

Mikro, Kecil, Menengah, BesarMedium-High RiskNIB dan Sertifikat StandarAuthority: Menteri/ Kepala Badan
BPS Peraturan 7/2025 (KBLI 2025 classification)PP 28/2025 (risk-based licensing annexes)OSS RBA ruang-lingkup — no KBLI-2025 scope retrievable via the OSS API (404)

Sources & Verification

Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.

Activity definition
BPS Peraturan 7/2025 + PP 28/2025VerifiedKBLI 2025

Title and scope as defined by the KBLI-2025 classification.

locator: OSS_RBA_2025_id_version_fff4053d

Risk & licensing
Detached — source could not be verifiedDeclared gap—

The previously-served rows were removed because their source could not be verified as applying to this activity. See Regulatory Divergence above for the documented correction note.

Foreign ownership (PMA)
Perpres 10/2021, 49/2021Audit pendingKBLI 2020

The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.

Bali status
Bali province blocks ALL Low + Medium-Low risk KBLI for PMA (island-wide, permanent) (effective 2026-05-13)Audit pending2026 overlay

Conservative posture derived from the risk tier · confidence HIGH.

Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.

Common Questions
Can foreigners operate a non-residential real estate (own property) business in Indonesia?
Yes. KBLI 68129 (Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required. (Source: Perpres 10/2021 as amended by Perpres 49/2021 — the investment-list annexes predate KBLI 2025; per-code crosswalk audit in progress.)
What license is required for KBLI 68129?
We cannot yet show a verified licensing basis for KBLI 68129: the licensing previously associated with this code was removed because its source could not be verified as applying to this activity. See the Regulatory Divergence section on this page for the documented sources, and verify the current OSS treatment before relying on any licensing assumption.
What is KBLI 68129?
KBLI 68129 is the Indonesian business classification code for "Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa" (Non-Residential Real Estate (Own Property)). It falls under Section L of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 68129 change from KBLI 2020 to 2025?
KBLI 68129 was mapped from previous code 68111 (KBLI 2020). Agent mapping: 68111 (Real Estat Yang Dimiliki Sendi...) [high] The code was renumbered but the business activity scope is essentially unchanged. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

68127Section L★

Office Building Management

Pengelolaan Gedung Perkantoran

→
🏝️⚠️Closure proposed (Bali)✅Open· 100% Foreign
68126Section L★

Warehouse & Self-Storage Rental

Penyewaan Gudang dan Fasilitas Penyimpanan Mandiri

→
🏝️✅Registrable in Bali✅Open· 100% Foreign
68125Section L★

Shopping Mall Management

Pengelolaan Pusat Perbelanjaan

→
🏝️✅Registrable in Bali✅Open· 100% Foreign
68124Section L★

Event Venue Rental

Penyewaan Tempat Penyelenggaraan Aktivitas Pertemuan, Perjalanan Insentif, Konvensi, dan Pameran, serta Acara Khusus

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
68123Section L★

Special Economic Zone Management

Pengelolaan Kawasan Ekonomi Khusus

→
🏝️✅Registrable in Bali✅Open· 100% Foreign
68122Section L★

Industrial Estate Management

Pengelolaan Kawasan Industri

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

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