OceaniQ outlines progress on three Bali resort property projects
OceaniQ has reported that its first Nusa Dua resort complex is nearing handover, its second phase is due to complete next year, and a premium villa and apartment project on Nusa Penida is under construction, according to company and…
By Pandi Muktar
Editor: Mursyid Sonsang
· Event date: · 4 min read
Nusa Dua — — OceaniQ has reported construction progress on three Bali resort property projects, stating that its first Nusa Dua development is nearing handover, its second Nusa Dua phase is advancing toward completion next year, and a planned complex on Nusa Penida is under way.
The update was published on 28 August 2026 via a GlobeNewswire announcement and republished by Yahoo Finance, which described OceaniQ as a high-end resort property development brand with villa and apartment complexes in Nusa Dua and Nusa Penida on Bali’s Bukit Peninsula, designed for private ownership and rental with turnkey management and hotel-style infrastructure, according to the company.
In the announcement, OceaniQ said its Nusa Dua I project is approaching the handover stage and that construction of Nusa Dua II “will be finished next year”, positioning the second phase as an extension of the first complex in one of Bali’s established resort districts.
Separate marketing material for OceaniQ Villas in Nusa Dua describes the development as a gated luxury oceanfront project on the Bukit Peninsula, noting that the primary Nusa Dua phase is around 80 metres from the coastline and surrounded by five-star resorts. The same material states that Phase 1 units are targeted for completion in the fourth quarter of 2025, with extended phases continuing through 2027.
Awards and project positioning
OceaniQ’s Nusa Dua complex is presented by the company as an award-winning development. The GlobeNewswire release and OceaniQ’s own investment guides state that OceaniQ Villas won recognition as Best Development Project in Southeast Asia and Best Architecture at the International Property Awards Asia Pacific 2024–2025.
According to OceaniQ’s English-language investment guide, the project comprises 59 units across different villa and apartment typologies, with sizes ranging from 68 to 242 square metres and advertised price points starting at about US$269,000 for one-bedroom units. The same guide cites a target completion window for the overall Nusa Dua development between late 2025 and 2027.
In profiles of OceaniQ as a developer, third-party property platforms describe three main projects: two residential complexes in Nusa Dua and one in Nusa Penida, all identified as being under construction and holding building permits under Indonesia’s PBG regime. Those profiles also report that the Nusa Dua I project is around 90 percent complete, Nusa Dua II around 25 percent complete, and the Nusa Penida project around 50 percent complete, citing the platforms’ own tracking of developer progress.
Nusa Penida project
OceaniQ’s Nusa Penida development is described in marketing materials as a premium villa and apartment complex combining studios, apartments and penthouses in a resort-style setting on the island southeast of Bali. An English-language brochure for the project states that construction is expected to be completed in the second quarter of 2028, indicating a later delivery timeline than the 2027 target mentioned for Nusa Dua II.
Third-party listings on regional property portals similarly present OceaniQ Nusa Penida as a premium villa complex offering around 25 villas with ocean views and outdoor parking, noting that the project is under construction with a previously cited completion target around the third quarter of 2026. These listings do not provide independent verification of current construction status but confirm that the project is actively marketed as an ongoing development.
Investment framing
OceaniQ positions its Bali portfolio as an investment product linked to tourism and long-term capital appreciation. In its Nusa Dua investment materials, the company highlights expected annual returns in the range of 12–15 percent in US dollars from managed rentals and projects value appreciation of up to 60 percent by completion, while framing these figures as modelled expectations rather than guaranteed returns.
The same materials emphasise Bali’s established tourism market and land appreciation trends in Nusa Dua and the Bukit Peninsula, but do not publish detailed construction cost figures, total project investment or formal government confirmations of project milestones.
OceaniQ identifies itself as a brand founded by developer Andrey Khazov, who describes his role in Bali as building oceanfront villas, residences and resorts in Nusa Dua and Nusa Penida and notes that his projects have twice received Asia Pacific Property Awards recognition. Company materials state that the projects are backed by management and post-handover services intended to support owners seeking both personal use and rental income.
Sources
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