BTN Bantu Pembiayaan Rumah Kemenpar

The Ministry of Tourism (Kemenpar) has formally entered into a strategic collaboration with Bank Tabungan Negara (BTN), a state-owned bank with a prominent focus on housing finance, to facilitate home…

BTN Bantu Pembiayaan Rumah Kemenpar

The Ministry of Tourism (Kemenpar) has formally entered into a strategic collaboration with Bank Tabungan Negara (BTN), a state-owned bank renowned for its focus on housing finance, to provide robust…

Larangan Inden Ubah Karakteristik Pembeli

The Indonesian housing market is undergoing a significant transformation in consumer financing patterns, largely attributed to the stringent macroprudential policies implemented by Bank Indonesia (BI), specifically the ban on "inden"…

Indonesia’s Property Sector Navigates Regulatory Tightrope: Balancing Developer Viability with Consumer Protection Amidst Indent Ban and LTV Policies

Indonesia’s property sector is currently at a critical juncture, grappling with government policies that aim to stabilize the market and protect consumers, yet are perceived by some developers as hindering…

Indonesian Government Launches Digital Platform to Enhance Transparency and Accessibility of Sejuta Rumah Program

The Indonesian government has officially launched a dedicated information website designed to provide comprehensive data and real-time updates on the progress of its ambitious "Sejuta Rumah" (One Million Homes) program.…

Heightened Vigilance Urged as Bogus Property Agents Threaten Integrity of Indonesia’s Real Estate Market

Jakarta, Indonesia – A significant warning has been issued to prospective property buyers and sellers in Indonesia: exercise extreme caution when engaging with real estate agents. There is a growing…

Indonesia Eyes Significant Property Law Overhaul to Attract Foreign Investment

The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) has initiated a significant revision of Government Regulation No. 41 of 1996, which governs foreign ownership of property in…

Shophouses Emerge as a Strategic and Dynamic Alternative in Indonesia’s Property Investment Landscape

For many years, the public perception of property investment in Indonesia has predominantly revolved around the acquisition of houses or apartments. However, a significant shift is underway, with a growing…

Indonesia’s Super-Luxury Property Tax Policy Sparks Industry Outcry Amidst Economic Headwinds

Indonesia’s property sector braced for significant headwinds following the government’s decision to implement a new five percent income tax (PPh) on "super-luxury" properties, effective June 1, 2015. This policy, which…

Ministry of Tourism Partners with BTN to Facilitate Housing for Civil Servants Under Million Houses Program

The Ministry of Tourism (Kemenpar) has initiated a strategic collaboration with Bank Tabungan Negara (BTN) to provide housing financing for its civil servants (PNS) who do not yet own a…

Binakarya Kembangkan Tiga Proyek Properti

Jakarta, Indonesia – PT Binakarya Jaya Abadi, a prominent player in Indonesia’s burgeoning property sector, has announced a significant strategic pivot marked by aggressive expansion into new development projects, a…