In Reply to: David your information is 100% wrong. posted by noseverylittle on Thursday, 5. November 2009 at 14:02 Bali Time:
freehold land in Indonesia as individuals" seems to be a reasonable response to me.
There may be other ways of arranging "ownership" but involving uncomfortable "Partnerships of convenience", forming PTY companies and so on.
The answer may not be complete (it is a complex issue) but is certainly not 100% wrong.
Reference to ex pats forum is a good place to start as well.