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Investors warned about Harbourside City Lombok and related projects due to lack of land title and building approvals
Lombok newsLombok8 min read
Investors considering purchasing villas or land at Harbourside City in Lombok, Indonesia, are advised to conduct thorough independent due diligence. Harbourside City is one of three project names, including Nesara Bay City and Gesara Bay City, which are essentially the same offering under different branding. A primary concern is the absence of land holdings or completed land acquisitions for Harbourside City, meaning investors are asked to fund development on land not owned by the project. In Indonesia, buyer security relies on certified land title SHM or HGB and approved building permits PBG held by the developer. Without these, purchase contracts offer limited protection. The project is promoted by Australian businessman Jamie Neville McIntyre through LUX Property Group, and also associated with Warren Stokes, Sean Strecker, Dave Oneegs, Tejal Dave, and Henry Kaye. McIntyre has a public business history, including a 10-year ban from managing companies by the Federal Court of Australia in 2016. Previous promotional releases linked McIntyre to plans for a NESARA EcoMiniCity in Lombok, Harbourside City in the Blongas area, and FuturisCity. Nesara Bay City, Gesara Bay City, and Harbourside City follow a similar marketing approach, promising ambitious "mini-cities" on the Lombok coast with luxury villas, wellness facilities, and high projected returns, marketed to Western buyers via online presentations. A change in project name should be seen as a warning sign, not a new opport
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