After almost a year under construction, Klapa Village, the first zero-rupiah down-payment project, is expected to open its doors for occupants in August.
he construction of Jakarta’s first zero-rupiah down-payment low-cost apartment complex in Duren Sawit, East Jakarta, is nearing completion with officials optimistic it can open its doors to occupants as soon as this August.
The apartment complex, named Klapa Village, whose foundations were laid in January last year, is said to be 90 percent complete, with the remaining work being mostly the installation of electricity and water systems. Dubbed a “resident housing solution” (Samawa) project, it is one of Governor Anies Baswedan’s flagship programs he promised on his campaign trail in 2017.
In the capital, where more than 10 million people are crammed into just 661.5 square kilometers, millions live in rented houses. Last year, Anies said that around 50 percent of Jakarta residents did not yet have houses of their own.
Under the zero-rupiah down-payment scheme, Jakarta residents with monthly salaries of between Rp 4 million (US$282) and Rp 7 million -- married couples being prioritized – are entitled to buy apartments there. The maximum tenor is set at 20 years.
Klapa Village consists of 780 apartments — 420 of which are one-bedroom apartments priced at around Rp 185 million each, while the remaining 360 apartments have two bedrooms and cost Rp 305 million each excluding taxes.
City-owned PD Pembangunan Sarana Jaya, which is building the 1.5-hectare apartment complex, is apparently not on track for its target of completing it this July.
“The latest update [on the construction progress] came on June 15, when progress reached 87 percent. Now it has reached nearly 90 percent,” Sarana Jaya administration and finance director Bima Priyo Santosa told The Jakarta Post on Tuesday.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.