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Jakarta Post

Land banking: Solution for agrarian reform

  • Harizul Akbar Nazwar

    Property valuer and analyst at Amin, Nirwan, Alfiantori and Partners Valuation Firm

Jakarta   /   Fri, December 22, 2017   /  12:38 pm
Land banking: Solution for agrarian reform President Joko "Jokowi" Widodo (center) observes the low-cost housing in Bekasi, West Java on April 4. The housing complex built for low-income family is part of the government’s annual one-million house program. (JP/ecn) (JP/ecn)

The backlog of public housing in Indonesia is relatively high. According to the Ministry of Public Works and Housing, the housing backlog in Indonesia is as much as 13.5 million units. This figure indicates that 13.5 million families do not have a place to live and/or permanent housing. Even the latest data from stateowned housing developer Perumnas showed housing needs increase each year by about 800,000 units as a result of population growth and urbanization. On the other hand, the availability of residential housing supply for low-income communities is only 400,000 units per year, which means a shortage of 400,000 units per year. According to Central Statistics Agency (BPS) data, the province of Jakarta has one of the lowest home ownership rates at 51.09 percent. One of the most urgent agrarian issues is uneven distribution of land, which has resulted in the emergence of slums. ...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.