TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Latest policy package key to reducing housing backlog: Official

Ayomi Amindoni (The Jakarta Post)
Jakarta
Thu, August 25, 2016

Share This Article

Change Size

Latest policy package key to reducing housing backlog: Official Laborers work on a housing development for middle-income residents funded by Bank Tabungan Negara Tbk (BTN) in Serpong, South Tangerang. (Antara/Audy Alwi )

T

he government is optimistic the “1 million houses” program will be significantly accelerated after the issuance of the 13th economic policy package, to alleviate the housing backlog from 13.5 million units in 2014 to 6.8 million in 2019.

This year, 400,000 houses have been built in the country. State-owned lender Bank Tabungan Negara (BTN) built 220,000 of them, followed by the property developers (91,000 houses), central government (71,000), local administration (68,046) and ministries (16,923).

"Indeed, there has been a slowdown due to the regulations. But after the policy package was announced, and it was promised that it would be issued within 10 days, it will accelerated," Public Works and Public Housing Ministry director general of housing Syarif Burhanuddin said on Thursday in Jakarta.

To further accelerate the program, the government is assigning a team consisting of personnel from BTN, state-owned housing developer Perumnas and government-backed mortgage program, the Housing Savings Advisory Board for Civil Servants (Bapertarum-PNS), to address the land problem.

"We will solve the issue for civil servants first because, according to Bapertarum, about 960,000 Indonesian civil servants are yet to have a house," he said.

The government is removing six licenses in the property sector through the 13th economic policy package, as part of efforts to provide mass-scale low-cost housing for low-income people. Among the permits are the “location permit” that currently takes 60 days to complete and the special approval for “flood anticipation system”, which takes up to 60 days. (ags)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.