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

Sandiaga goes to Depok to explore zero percent down-payment housing scheme

Jakarta deputy governor-elect Sandiaga Uno is exploring the possibility of a zero percent down-payment scheme for housing in Depok, a satellite city of Jakarta.Jakarta deputy governor-elect Sandiaga Uno explores the possibility to realize zero percent down-payment schemes for housing in neighboring city of Depok which is buffer zone of the capital city.

News Desk (The Jakarta Post)
Jakarta
Tue, August 1, 2017

Share This Article

Change Size

Sandiaga goes to Depok to explore zero percent down-payment housing scheme Jakarta deputy governor-elect Sandiaga Salahuddin Uno speaks to reporters at the Indonesia Stock Exchange (IDX) in Jakarta on June 2. (JP/Anton Hermansyah)

J

akarta deputy governor-elect Sandiaga Uno is exploring the possibility of a zero percent down-payment scheme for housing in Depok, a satellite city of Jakarta.

“The zero percent down-payment scheme will be aligned to areas around Jakarta,” Sandiaga said after meeting Depok Mayor Idris Abdul Shomad on Tuesday as quoted by tempo.co, referring to his and Jakarta governor-elect Anies Baswedan’s controversial campaign promise, seen by many as impossible to realize in the capital.

The scheme is expected to enable low-income people to own their own homes. Sandiaga claimed that businesspeople had responded positively to the zero percent down-payment scheme.

“There are some businesspeople who provide homes priced Rp 350 million (US$26,000) to Rp 450 million with zero percent down-payment,” Sandiaga said.

The program would begin once Anies Baswedan and Sandiaga were inaugurated as Jakarta governor and deputy governor in October, he added.

He said 60 percent of Depok residents commuted to Jakarta every day.  (wnd)

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.