Indonesia’s New Luxury Property Tax Policy Faces Strong Criticism Amid Market Downturn Fears
Indonesia’s government introduced a new policy imposing a five percent income tax (PPh) on "super-luxury" properties, effective June 1, 2015, a move that has drawn sharp criticism from real estate…
PT Taspen Commences Repayment of Civil Servant Housing Savings (Taperum PNS) Amidst Broader Welfare Reforms
PT Taspen (Persero), the state-owned enterprise entrusted with managing social insurance programs for civil servants, is set to initiate the repayment of Tabungan Perumahan Pegawai Negeri Sipil (Taperum PNS) funds…
Bank Muamalat Seius Bermain di Properti
Bank Muamalat, Indonesia’s pioneering Islamic financial institution, has significantly escalated its strategic involvement in the property sector, initiating a comprehensive Sharia-compliant home ownership credit (KPR Syariah) program. This move marks…
Government Mobilizes Full Resources for One Million Houses Program, Bolstered by Strategic Rp 1.5 Trillion SMF-BTN Partnership
The Indonesian government is committing to a comprehensive mobilization of all available resources to ensure the success of the ambitious One Million Houses Program, a flagship national initiative aimed at…
Wilayah Sekitar Bandara Jadi Pilihan
One prominent player capitalizing on this trend is PT Intiland Development, which is spearheading the ambitious Aeropolis project. This expansive undertaking aims to create a fully integrated residential and commercial…
The Quest for a First Home: Navigating Choices, Finances, and Urban Dynamics in Indonesia
The aspiration of owning a first home marks a significant milestone for individuals achieving financial stability, symbolizing independence and long-term security. In Indonesia’s rapidly urbanizing landscape, this dream is shaped…
Larangan Inden Ubah Karakteristik Pembeli
The Indonesian housing market, particularly its financing landscape, was undergoing a significant transformation in mid-2015 following a pivotal regulatory intervention by Bank Indonesia (BI). Effective June 17, 2015, the central…
Plus Minus Larangan Inden Properti
The Indonesian government’s approach to nurturing the domestic property business faces ongoing scrutiny, with many industry players arguing that current policies do not fully support their operational realities. Specifically, regulations…
Indonesian Government Launches Comprehensive Digital Platform to Enhance Transparency and Accessibility of One Million Houses Program
The Indonesian government, through the Ministry of Public Works and Public Housing (PUPR), has unveiled a dedicated online platform designed to provide comprehensive information regarding the progress and realization of…


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