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First zero-rupiah down-payment apartment complex to open doors in August

The 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 Jakarta Post
Jakarta
Mon, December 16, 2019

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First zero-rupiah down-payment apartment complex to open doors in August

T

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, which 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 loan tenure 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.

“The exterior looks good. Now workers are installing the electricity, wire and plumbing systems. We aim to complete it in early August.”

The head of the program's technical management unit (UPT) at the Jakarta Housing Agency, Dzikran Kurniawan, is optimistic the apartments can start to welcome occupants this August after obtaining the necessary documents from the One Stop Service Agency.

About 2,500 Jakarta residents have signed up to buy Klapa Village apartments and city-owned Bank DKI, which is the partner of the program, is assessing the applicants’ financial capacity.

Buoyed by the public enthusiasm, the city administration looks to continue the zero-down-payment housing scheme. People are eligible for the facility if they have been a Jakarta resident for five years, hold a Jakarta ID card, have a tax ID and do not own a house.

Under its 2017-2022 medium-term regional development plan, the city aims to build around 250,000 homes with 14,500 low-cost apartments specifically offered to those earning less than Rp 4 million a month.

Pembangunan Sarana Jaya plans to begin the construction of two apartment complexes under the Semawa housing program in Cilangkap and Pulogebang, East Jakarta, this year. The groundbreaking for the Cilangkap project is scheduled for September. (das)

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