BALI – The ongoing bankruptcy saga involving the Sing Ken Ken Hotel, located at Jalan Arjuna No. 1, Legian Village, Kuta, Badung Regency, Bali, has grown increasingly complex and drawn-out. Allegations of irregularities in the hotel’s bankruptcy process—widely discussed in earlier reports—remain unresolved and continue to raise legal questions.
Jane Christina Tjandra, the owner of Sing Ken Ken Hotel and the Director and Shareholder of PT Rendamas Reality, the company managing the hotel, clarified the background of the dispute in a recorded interview received by journalists on Thursday, December 4, 2025. She explained that the hotel was constructed between 2010 and 2012.
According to Jane, an Australian investor had approached her in 2009 to purchase one of the units.
“At that time, our plan was to sell the condotel units. However, as the global recession hit, we converted the property into a hotel. Even so, we continued offering six larger units for sale, one of which was purchased by the Australian investor,” Jane said.
She added that during development, PT Rendamas Reality obtained a construction loan from UOB Bank. “The contractor took the funds, and I provided my land certificate as collateral. Eventually, PT Rendamas Reality and I, as the hotel owner, were declared bankrupt under the Surabaya Commercial Court Decision No. 4/Pdt.Sus-PKPU/2017/PN Niaga Sby dated July 18, 2017, and the Supreme Court Decision No. 609 K/Pdt.Sus-Pailit/2018 dated July 18, 2018,” she explained.
Jane stated that at the time she was declared bankrupt, her principal debt was IDR 18 billion. “By 2023, after interest, penalties, and other charges, it had grown to IDR 28 billion. Yet, the value of my assets in 2018 was IDR 125 billion,” she asserted.
Regarding the recent lawsuit filed by the Australian investor, Jane confirmed that the investor held a 30-year lease and had only occupied the unit for seven years. “So yes, 23 years remain on the lease. Once I regained possession of the property, I allowed him to continue occupying it for the remaining term,” she said.
Jane also expressed regret about the curator’s (bankruptcy administrator’s) actions, claiming that luxury items belonging to the Australian investor were taken from the unit under unclear circumstances.
“These belongings were not part of the bankruptcy estate. As a curator, he should have ensured the hotel remained a going concern,” she emphasized.
Separately, David Yore, the Australian investor holding lease rights over apartment 501, through his attorney Yulius Benyamin Seran, stated in Denpasar on Thursday, December 4, 2025, that Indonesian civil law provides equal legal protection to leaseholders, regardless of nationality.
“With this consideration, we have filed a lawsuit with the Denpasar District Court, and the case is currently in mediation,” Seran said.
He explained that the legal basis for the claim is Article 1576 of the Indonesian Civil Code, which states that “the sale of leased property does not terminate an existing lease, unless otherwise agreed at the time the property was leased.”
“This means any third party acquiring ownership of a leased property must honor the pre-existing lease. Whether the transfer occurred via auction or private sale, it does not erase lease rights established long before the property entered the bankruptcy estate. We are not disputing the bankruptcy itself; our lawsuit solely concerns our client’s lease rights,” Seran stressed.
Meanwhile, co-defendant Wayan Umi Martina could not be reached for comment. The case has been registered with the Denpasar District Court under Case Number 1341/Pdt.G/2025.***
