Junaidi Abdillah, Chairman of the Indonesian Housing and Residential Developer Association (APPRSI) said that the currently ongoing housing program for low-income people has not received proper support from regional governments. “We have explained several issues on the housing program for … Continue reading →
The government will continue its program to develop 1 million houses this year, taking into account significant backlog in the program. Public Works and Housing Minister Basuki Hadimuljono said the government built 805,169 houses in 2016, compared to 699,770 houses … Continue reading →
Foreign property developers, led by state-owned China Communication Constructions Group (CCCG), made the biggest investment in Jakarta’s residential property in nearly a decade this year as they bet on relaxed mortgage rules boosting demand. CCCG’s $1 billion eight-tower complex is … Continue reading →