Private island
Southeast Asia has numerous islands, with Indonesia being an archipelago of 17,000 islands and the Philippines having around 7,100. Real estate laws restrict foreigners' ability to buy property in the geographical area, and many islands either have unclear ownership rights or are already settled. Private islands that are available in Southeast Asia's real estate market are also prohibitively costly due to being in high demand by hotel developers. Developments address these difficulties by selling private islands that have villas and neighbor islands that have high-end hotels; the proximity keeps costs of habitation down.
Riau Islands
Riau Islands Province was established based on Law No. 25 of 2002 is the 32nd Province in Indonesia covering Tanjungpinang City, Batam City, Bintan Regency, Karimun Regency, Natuna Regency, Lingga Regency and Anambas Regency. Overall the Riau Islands region consists of 5 districts and 2 cities, 42 subdistricts and 256 villages with 2,408 big and small islands where 40% has not been named and populated. The total area is 252.601 Km2, where 95% of it is ocean and only 5% is land area, with boundaries as follows:
With strategic geographical location (between South China Sea, Malacca Strait and Karimata Strait) and supported by an abundance of natural potential, Riau Islands is could possibly become one of the economic growth centers for the Republic of Indonesia in the future. Especially now that in some areas of the Riau Islands (Batam, Bintan and Karimun), a pilot project for the development of Special Economic Zones (KEK) is being pursued through cooperation with the Singapore regime.