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View all search resultssubsidized-houses
Regulations 1 year ago
PREMIUM
Housing task force side-eyes idea to shrink subsidized homes
Though a property association has hailed a draft proposal to downsize subsidized houses as a price stabilization move, the housing task force questions whether this is necessary to provide 3 million affordable homes each year under the President's ambitious program.
Regulations 1 year ago
PREMIUM
Ministry admits no progress yet despite big investment pledges for housing program
Fahri pointed to several hurdles, including land issues and lack of demand, hampering rollout of the funding commitments made by foreign entities that the government had secured over the past months, as quoted from Bisnis.com.
Regulations 1 year 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 1 year 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
Govt expands housing program to higher earners
The housing ministry has introduced a new regulation to be issued on April 21 that expands the maximum income threshold for individuals and couples eligible for the government's subsidized homeownership program, so residents in major cities also have access to affordable homes.
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.
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