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Anies launches first housing project with zero down payment
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Jakarta Governor Anies Baswedan speaks to journalists at Bank Indonesia headquarters in Jakarta on Jan. 5. (JP/Anton Hermansyah)
T
he Jakarta administration has launched a Rp 0 down payment housing program in Pondok Kelapa, East Jakarta, on Thursday, to provide affordable housing for low-income families.
Jakarta Governor Anies Baswedan assured that the houses would be made available for those with salaries under Rp 7 million (US$524) per month.
"We are happy that we can fulfill one of our campaign promises today. This is dedicated to the poor," Anies said in his speech at the groundbreaking ceremony.
The first project to be built under the key program of the new governor is comprised of two apartment towers.
In the next year and a half, the administration, through its developer PD Pembangunan Sarana Jaya and partner developer PT Totalindo Eka Persada Tbk, plans to establish one tower first, consisting of 703 apartments.
As many as 513 of those will be two-bedroom apartments priced around Rp 320 million, while the remaining 190 will be one-bedroom apartments around Rp 185 million.
