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one-million-housing-program

Business 5 years ago

PREMIUM
Govt housing program falls short of 1 million target last year

“We will continue to carry out the 1 million house program because a house is one of the basic needs people have to fulfill,” Basuki was quoted as saying in a statement published on Thursday.

Business 6 years ago

PREMIUM
Property developers express concern over ‘thinning’ housing loan subsidy

Property developers are lobbying the government and House of Representatives over what they call “thinning” funds allocated to the government’s subsidized housing program, which has become a key growth driver in the sector.

Business 7 years ago

Government doubles down on building more, better-quality homes

Amid its claims of success for President Joko “Jokowi” Widodo’s One Million Houses program last year, the government is planning this year to build another 1.25 million new houses of better quality.

Business 7 years ago

State mortgage provider to disburse Rp 1.7t for low-cost houses

State-owned mortgage financing company PT Sarana Multigriya Finansial (SMF) has allocated Rp 1.7 trillion (US$119.28 million) for government-subsidized housing loans.

Business 7 years ago

Housing program exceeds 1 million target in 2018

The Public Works and Housing Ministry’s data shows 1.13 million new houses were built in 2018, exceeding the 1 million new houses target.

Business 8 years ago

Ministry to blacklist underperforming housing developers

The Public Works and Housing Ministry said it would blacklist underperforming developers tasked with the development of subsidized houses -- a program launched by the government for low-income families.