Ruth Dea Juwita, Jakarta – Higher prices for subsidized housing will not have a major impact on the government's plan to distribute 220,000 units to eligible buyers this year and next,

Yohana Belinda, Jakarta –- Despite residential property prices having appreciated at a rate much lower than inflation over the past year, a home of their own remains out of reach for mo

Jayanty Nada Shofa, Jakarta – A whopping 81 million Indonesian millennials still do not have their own house, according to government statistics.

Divya Karyza, Jakarta – The rising benchmark interest rate added pressure on the landed housing sector, property consultancy firm Colliers has said.

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

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

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

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

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

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

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

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

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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

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

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,

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

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

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

Jakarta – Millennials, who make up nearly a quarter of Indonesia's population, are becoming an increasingly hot market for property developers and mortgage lenders.

Jakarta – The partial collapse of a five-story building in Jakarta on Monday morning has reportedly injured 11 people, according to an official.

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 –

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

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

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

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

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

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

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

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

Jakarta – Developers are continuing to build more retail spaces in Jakarta, although the vacancy rate is increasing on the back of poor sales performance.

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

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.

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

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

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.

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

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

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

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.

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.

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

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

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

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

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

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