- www.kemenpera.go.id
VIVAnews - The Indonesian government plans to build 7.5 million affordable homes up until 2014. This year, the government claimed that only one million homes will likely be available.
Deputy Minister of Public Housing, Jamil Anshari, said the authorities are ready to set up 350,000 homes of very affordable prices and 650,000 homes of affordable prices.
Jamil said the program will be subject to interest rates set at lower than two digits.
The government prepares Rp2.7 trillion of total budget for implementing the program. "Of the amount, the absorbed fund is only Rp600 billion We call on REI (Real Estate Indonesia)'s participation to make the homes available," he said.
However, Chief REI Bali, AAM Sukhadana Wendha, said the fund will not be sufficient for acquiring land. "It won't be enough. We have all been informed of current land prices in Bali," he said.
He said that the REI expects the provincial government issues policies which enable handing-over of land plots in pursuit of the successful program.
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Coverage by: Bobby Andalan | Bali
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