PT International Music Temple (MOONO): Bali Villas, Track Record and Open Questions

Who appears in the public record

MOONO is the name buyers will see in the villa marketing, while PT International Music Temple is the Indonesian company identified in the footer of the project’s own website. The same company appears in a broker’s MOONO listing. That gives the development a traceable corporate connection, although it does not establish who owns the land or which entity will actually sign a particular buyer’s agreement.

The offer centres on 22 private-pool villas south of Ubud, with shared leisure facilities and a proposed management service. There is enough published material to understand the layout and intended setting. There is not enough to treat promotional plans, corporate disclosures and construction permissions as interchangeable evidence.

What the sources support

The most consequential discrepancy concerns approvals. MOONO’s FAQ states that all permissions have been secured, referring to a number labelled PBJ-512401-17072024-01, an SLF number and a Pondok Wisata tourism-rental authorisation. Rise Real Bali, by contrast, says the PBG application PBG-510401-17072024-01 remains under review and describes the SLF as a handover-stage requirement. Neither statement provides independent confirmation that the relevant permissions have been issued and apply to the villa being offered. Indonesia’s public-works guidance distinguishes the building approval (PBG) from the certificate confirming a building is fit for use (SLF); both require document-level verification.

There is a second inconsistency in the tenure offered. The project homepage markets an initial 26-year lease plus 30 years, while its FAQ uses 27 plus 30. A broker’s two-bedroom listing says the existing lease ends on 5 May 2053 and that a later extension would be priced by independent valuers. The advertised total is therefore not, on its face, a fully paid 57-year entitlement. Without the actual land papers, renewal clauses and permission documents, assigning a developer-safety score would conceal the questions that most need answers.

Developer evidence

What is known and what to verify

FAQ

Projects and buyer context

The official range spans three house formats: approximately 65 m² with one bedroom, 170 m² with two, and 210 m² with three. MOONO advertises entry pricing from US$1,570 per square metre, but that headline does not settle a unit’s full price, land area, furnishing specification or final payment terms. The two-bedroom configuration, for example, is marketed with a separate garden and pool; the buyer needs a lot-specific schedule and specification.

The website also features a projected 12.7% return. This is a marketing estimate, not independently demonstrated operating performance and not a promise of distributions. Vacancy, management charges, maintenance, tax and the ability to obtain lawful rental permission all affect the outcome. A unit-level income projection should show those costs and clearly separate assumptions from contractual obligations.

“South Ubud” describes the market the developer wants to reach. The address published on its website is in Batuan, Sukawati, Gianyar, near the Ayung River valley. That distinction matters: this is a drive-to location rather than a walkable address in central Ubud. It may suit guests looking for a quiet villa stay but creates a different transport proposition from a property in town.

The master plan describes 10,000 m² of land with a riverside promenade, café, spa, sports space and parkland. Those facilities should be assessed against the phasing and delivery commitments in the individual contract. A promised river view is also unit-specific; the view, legal access road and services should be checked on the actual plot.

Observable track record

A construction gallery on MOONO’s website is dated April–July 2025, and the scheme advertises handover in the first quarter of 2027. Those are useful reference points, not proof of completed units or a contractual completion date for every home.

One third-party directory says an initial phase of ten villas was completed in February 2025. Its assertion is not accompanied by independently accessible handover or occupancy records in the materials reviewed. Nor could a separate portfolio of delivered residential developments be substantiated for PT International Music Temple. Buyers who place weight on delivery experience should ask to inspect finished buildings and see the relevant completion documents rather than treating that directory claim as an audited track record.

What to check