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View all search resultssubsidized-houses
Regulations 2 months ago
PREMIUM
Govt approves extending Tapera mortgage tenor to 40 years
A plan to extend the tenor of subsidized mortgages from 30 to 40 years has been given the green light as the government continues to explore potential financing schemes for implementation, including a tiered interest rate system for landed houses.
Economy 6 months ago
PREMIUM
Prabowo querying slow progress on '3 million houses' program, Hashim says
The President's brother, who heads the public housing task force, says he has temporarily allayed Prabowo's concerns by pointing to the relatively recent existence of the housing ministry as a stand-alone institution.
Regulations 7 months ago
PREMIUM
Plan to build subsidized apartments in Meikarta raises doubts
The Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.
Regulations 1 year 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 1 year ago
PREMIUM
Ministry proposes Bulog-like offtake agency for subsidized housing
In a bid to accelerate absorption and address the national backlog, the housing ministry has proposed setting up a Bulog-like agency to purchase completed homes from developers for reselling to the market under the government's "3 million homes" program.
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