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View all search resultsproperty-developer
Regulations 7 months ago
PREMIUM
Developers slam housing offtake agency plan as off-target, inefficient
Developers and experts in the property industry have hit back at the government's proposed housing offtake agency, raising questions about funding and staffing as well as concerns regarding added inefficiencies, especially amid the ongoing slew of costly flagship projects.
Regulations 10 months ago
PREMIUM
Property developers push rent-to-own scheme for informal workers
In a meeting with House Commission V on Tuesday, representatives of two property developers associations put forth an idea to offer a rent-to-own scheme to ease access to home financing for informal workers who might otherwise fall through the cracks of creditworthiness criteria and bank scoring models.
Regulations 10 months ago
PREMIUM
Low earners may ‘lose out’ in expanded housing program
Experts are wary that the new regulation will put more pressure on already struggling low-income communities, as they will have to compete with individuals in the new higher-income brackets to secure affordable housing.
Regulations 1 year ago
PREMIUM
Developers complain over lack of clarity in housing program
Real Estate Indonesia (REI) central board chairman Joko Suranto says a lack of details on the program run by the Public Housing and Settlements Ministry is causing instability in the country’s property market.
Economy 1 year ago
PREMIUM
Developers to focus more on low-segment homes amid govt incentives: Consultant
The government announced on Dec. 16 that a partial VAT waiver on certain house purchases would be extended to mid-2025, and then through to the end of the year, but would be reduced by 50 percent in the second half.
Markets 1 year ago
PREMIUM
House prices to cool ‘briefly’ on high rates, low spending power
House price growth has slowed down in Jakarta and other cities as high interest rates and weak purchasing power take a toll on the market, but experts view the slowdown as temporary and say the trend continues to point upward, to the dismay of would-be home buyers.
Markets 1 year ago
PREMIUM
Developers fear credit histories could slow mortgage applications
The association has blamed P2P loans as one of the prominent causes behind the bad credit history of potential homeowners, citing that 40 percent of mortgage applications were turned down by banks because of this reason.
