Divya Karyza, Jakarta – The rising benchmark interest rate added pressure on the landed housing sector, property consultancy firm Colliers has said.
Housing & Property
October 6, 2022
August 18, 2022
Lani Diana Wijaya, Jakarta – Jakarta Governor Anies Baswedan claimed that his political promises made during the campaign of the 2017 regional head election have been fulfilled one by o
October 21, 2020
Mardika Parama, Dzulfiqar Fathur Rahman and Marchio Irfan Gorbiano, Jakarta – Singaporean property start-up 99 Group has recorded shrinking housing supply and demand on its websites in
July 19, 2020
Mardika Parama, Jakarta – Consumer interest in low-cost housing dominated the property market demand in the first half of the year, while sales started to pick up amid the impact of th
June 29, 2020
Mardika Parama, Jakarta – The government's housing subsidy program designed to resolve the country's mounting backlog might backfire by hampering property industry growth and leading t
June 14, 2020
Antara, Jakarta – The government's latest public housing savings program (Tapera), necessitating employees and employers to contribute to a mandatory mortgage loan scheme, may boost wo
June 9, 2020
Mardika Parama, Jakarta – The government aims to boost homeownership in Indonesia through its public housing savings program (Tapera), which requires employers and workers to contribut
May 29, 2020
Dzulfiqar Fathur Rahman, Jakarta – Millennials still find it difficult to buy houses despite the COVID-19 pandemic, which has impacted the property industry, as the threat of layoff lo
May 26, 2020
Dzulfiqar Fathur Rahman, Jakarta – Residential property sales and prices rise have shown a downward trend amid the COVID-19 pandemic, which has battered people's purchasing power and d
May 6, 2020
April 26, 2020
Jakarta – The Jakarta administration is set to repurpose all city-owned sports halls (GOR) across the capital into temporary homeless shelters for those who have lost their jobs and ho
April 3, 2020
Made Anthony Iswara, Jakarta – The government has rolled out new housing loan subsidies and opened the door for more citizens to access the facility amid the COVID-19 pandemic, which i
March 28, 2020
Jakarta – The Public Works and Housing Ministry handed over 50 homes measuring 28 square meters to fisherfolk living in Linggi village, East Simeulue district, Simeulue regency, Aceh,
March 23, 2020
Made Anthony Iswara, Jakarta – The government is using an application called SiKasep to prevent fraud in its subsidized housing loans programs by connecting property developers and pro
March 17, 2020
Jakarta – Jakarta's office market is predicted to continue its declining trend as multinational companies remain cautious about expansion amid the growing uncertainties surrounding the
February 17, 2020
Whisnu Bagus Prasetyo, Jakarta – 2020 is expected to be a good year for the Indonesian property market after the government loosened up the loan-to-value ratio on residential propertie
February 10, 2020
Jakarta – Millennials, who make up nearly a quarter of Indonesia's population, are becoming an increasingly hot market for property developers and mortgage lenders.
January 6, 2020
Jakarta – The partial collapse of a five-story building in Jakarta on Monday morning has reportedly injured 11 people, according to an official.
December 17, 2019
Ishika Mookerjee and Rieka Rahadiana – Indonesia's property-related stocks are heading for a bumper year of returns, based on analyst predictions.
Jakarta – The Jakarta Police in the past two months have uncovered two fraud cases involving sharia-compliant housing – offering cheap homes without riba (interest) or banking checks –
September 25, 2019
Jakarta – A government plan to annul the requirement to obtain a building permit (IMB) for houses and other property has received little support from stakeholders, including property c
September 19, 2019
Imam Muzakir, Jakarta – The government will remove the requirement to secure construction permit for new buildings in an attempt to improve investment climate and enhance economic grow
August 29, 2019
Erwida Maulia, Jakarta – A day after President Joko Widodo announced his plan to move Indonesia's capital to East Kalimantan Province, property developer Agung Podomoro Land placed a f
July 7, 2019
Jakarta – Fiscal incentives in the form of a tax cut introduced by the government resulted in a slight increase in sales of luxury homes and apartments in June and early July, accordin
June 27, 2019
Jakarta – Unoccupied office space in Jakarta remains plentiful, with 23.8 percent of office space in the Sudirman Central Business District (SCBD) empty and 23.9 percent empty outside
June 25, 2019
Jakarta (Bisnis) – The government has officially released a regulation (Finance Ministerial Regulation or PMK) No.
Jakarta – Owing to a combination of increasing housing prices and high costs of living, 81 million Indonesian millennials cannot afford to buy a house or apartment, according to the Pu
June 19, 2019
Jakarta – Indonesia said on Wednesday it has raised the price threshold at which luxury sales tax is applied to houses and apartments to support the property sector and encourage home
May 11, 2019
Jakarta – Jakarta Governor Anies Baswedan has vowed to impose firm sanctions against the Owners and Tenants Association (P3SRS) for ignoring his regulation stipulating for the handover
April 2, 2019
Jakarta – Developers are continuing to build more retail spaces in Jakarta, although the vacancy rate is increasing on the back of poor sales performance.
March 31, 2019
Suherdjoko, Semarang – The Central Java administration has reduced nearly 4,000 hectares of slums since 2014 or some 57 percent of the total slum areas in the province, an official has
March 24, 2019
Jakarta – The Supreme Court has rejected a petition to revise regulations on apartment management for the purpose of giving tenants more power over issues such as residential fees.
January 28, 2019
Riza Roidila Mufti, Jakarta – Indonesia Real Estate Broker Association (AREBI) chairman Lukas Bong has called on the government to relax regulations on property ownership for foreigner
January 24, 2019
Norman Harsono, News Desk – Amid its claims of success for President Joko "Jokowi" Widodo's One Million Houses program last year, the government is planning this year to build another
January 9, 2019
Jakarta – The Public Works and Housing Ministry's data shows 1.13 million new houses were built in 2018, exceeding the 1 million new houses target.
January 7, 2019
Jakarta – Real Estate Indonesia (REI) is urging the government to fulfill its promise to introduce fiscal incentives for the development of luxury residences early this year, as part o
December 31, 2018
Jakarta – The Indonesian Settlement and Housing Developers Association (Apersi) has set a conservative commitment target for subsidized houses next year, after taking into account the e
July 18, 2018
Maikel Jefriando and Gayatri Suroyo, Jakarta – As Indonesia's central bank drives up interest rates to defend a fragile currency, governor Perry Warjiyo is banking on a revival of the s
April 10, 2017
Jakarta – Fairpoint Realty Indonesia, the property arm of conglomerate Gunung Sewu Group, said it is confident of attracting major corporate tenants to fill in a new office tower currently being de
Jakarta – Real Estate Indonesia (REI) has rejected the government plan to impose taxes on vacant apartments as it will discourage investment in the sector.
April 5, 2017
Anton Hermansyah, Jakarta – The Jakarta property market, especially the market for office and residential properties, has continued to slow down due to weak demand since 2015.
April 4, 2017
Jakarta – BPJS Ketenagakerjaan, Indonesia's social security agency for workers, plans to invest less than a third of pensions under its management in the housing finance sector, in a move it hopes
March 28, 2017
Jakarta – Finance Minister Sri Mulyani Indrawati said on Monday that only 40 percent of Indonesian families could afford to buy houses due to increasing property prices, while another 40 percent of
March 24, 2017
Prima Wirayani, Jakarta – State-owned lender Bank Tabungan Negara (BTN) and the Workers Security Agency (BPJS Ketenagakerjaan) sealed an agreement on Thursday on mortgage financing provision for th
November 30, 2016
Prima Wirayani, Jakarta – In a gesture to convey the serious commitment of his administration to affordable housing, President Joko "Jokowi" Widodo has called real estate developers to build many m
July 2, 2016
Wahyudi Soeriaatmadja, Jakarta – Indonesia plans to issue an emergency law – known as a perppu – to break an impasse of more than a decade in efforts to streamline unfriendly laws as the country ai
January 13, 2016
Jakarta – The government now allows foreigners living in Indonesia to own houses as part of efforts to boost the economy, following the release of a regulation signed by President Joko "Jokowi" Wid
March 13, 2015
Jakarta – The Public Works and Housing Ministry and state-owned housing developer PT Perumnas will team up to start working on a program to build 1 million homes over the next five years.
December 26, 2013
Hotli Simanjuntak, Banda Aceh – For almost the last eight years, Mairia, 33, has been living with her four children in a 3-by-4 meter room since the Indian Ocean tsunami swept her house
April 11, 2012
Hans David Tampubolon – Public Housing Minister Djan Faridz says that there is no political motive behind his ministry's recent plan to develop cheap housing for journalists.