The Bank by OXO

The Bank by OXO is a gated residential community in Pererenan, Bali, developed by Nestate Spaces Indonesia in collaboration with OXO Group. It comprises two buildings and three villa configurations, all delivered fully furnished, set along a riverside plot in one of the island's more considered creative neighbourhoods.

# The community in Pererenan

Pererenan sits on Bali's southwest coast, west of Canggu, in a corridor that has attracted a design-conscious international population over the past decade without yet losing its agricultural texture. Rice paddies still frame the lanes. The Bank by OXO occupies a quiet position off the main road, behind a gated entrance with a private internal loop road. The arrangement gives the two-building development a campus quality: residents move between buildings on foot, away from traffic, with the river running alongside.

The scale is deliberately small. Three residences across two structures is a considered choice by the developer, one that keeps the ownership community tight and maintains a sense of exclusivity that larger complexes in Canggu or Seminyak cannot offer.

# Residences: layouts, scale and finish

The three villa types range from two to six bedrooms, with floor areas between 2,464 and 6,221 square feet. Pricing runs from AED 3,003,481 for the four-bedroom configuration to AED 8,163,967 for the six-bedroom, placing these residences firmly in the premium segment of the Bali freehold market.

Every unit arrives fully furnished. Open-plan layouts prioritise cross-ventilation and natural light, both practical necessities in a tropical climate and markers of considered tropical design. Kitchens carry quality appliances throughout.

Private pools, sunlit terraces and in-residence saunas are standard across the villas. These are not optional upgrades or reserved for upper-floor configurations: they are part of the base specification.

# Shared amenities and the riverside setting

The clubhouse anchors communal life at The Bank by OXO. It contains a gym, Finnish sauna and swimming pool, alongside a lounge and open kitchen. An outdoor yoga area and riverside deck extend the usable space into the landscape, with the deck providing a quieter alternative to the pool terrace.

Public beach access rounds out the outdoor offer. In Pererenan, that means proximity to a stretch of coastline that remains less congested than Seminyak's beach corridors to the south.

Smart home integration and on-demand concierge services are built into the development's management proposition.

# Pererenan: position, connectivity and the southwest coast

The Pererenan address places residents roughly a ten-minute drive from central Canggu and within practical range of Ngurah Rai International Airport. The area carries a reputation for quality dining, independent retail and a surf culture that draws a younger, design-literate demographic, factors that also support short-term rental demand for investors.

The southwest coast corridor has developed faster than other parts of Bali but retains pockets of genuine calm. Pererenan is one of them.

# Who this development suits and where it sits in the market

The Bank by OXO is a small-inventory project targeting buyers who find larger Bali resort developments too anonymous. The combination of large floor plates, full furnishing and on-site management infrastructure makes the villas workable as primary residences, seasonal retreats or income-generating assets, without requiring the buyer to manage fit-out or procurement.

For international buyers pricing Bali against other freehold markets, the AED entry point of just over three million for a 3,595-square-foot, four-bedroom villa invites direct comparison with what equivalent capital buys in Dubai, Lisbon or southern Thailand. The specification and the Pererenan address hold up well under that comparison.