{
    "success": true,
    "data": {
        "id": 2044712,
        "msgid": "bp-tapera-urges-developers-to-explore-flpp-vertical-housing-opportunities-1792407143",
        "date": "2026-10-19 17:23:09",
        "title": "BP Tapera urges developers to explore FLPP vertical housing opportunities",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Infrastructure",
        "summary": "BP Tapera has urged developers to consider low-rise vertical housing under the government\u2019s FLPP subsidised mortgage scheme, saying buildings of four or five storeys could be a practical option. The government is also considering longer mortgage terms of up to 40 years and is directing urban housing towards vertical and transit-oriented developments amid limited land availability.",
        "content": "<p>Jakarta (ANTARA) \u2013 The People\u2019s Housing Savings Management Agency (BP\nTapera) has urged developers to explore opportunities for vertical\nhousing under the Housing Finance Liquidity Facility (FLPP) scheme.<\/p>\n<p>\u201cDevelopers should also consider the opportunities for vertical\nhousing under the FLPP scheme, which could be one solution. It does not\nneed to be very tall; four or five storeys would be enough for FLPP,\u201d BP\nTapera Commissioner Heru Pudyo Nugroho said in a statement in Jakarta on\nMonday.<\/p>\n<p>He said the government\u2019s policy option of extending mortgage terms to\nas long as 40 years could give more people the opportunity to own a\nhome.<\/p>\n<p>Heru also said BP Tapera and the central government were currently\nformulating a policy on first-home ownership for middle-income and\nlower-middle-income households. He added that the agency was continuing\nto develop policies for subsidised housing.<\/p>\n<p>Housing and Settlement Areas Minister Maruarar Sirait said urban\nhousing provision was being directed towards vertical development.<\/p>\n<p>He said housing provision, particularly in urban areas, faced\nconstraints because of limited land available for building homes.\nMaruarar, known as Ara, said the direction came from President Prabowo,\nwho wanted to limit the amount of land used for housing and instead\npromote vertical developments.<\/p>\n<p>Ara also hoped that Transit-Oriented Development (TOD) housing, such\nas the development in Manggarai, Jakarta, could be built in other\nlocations.<\/p>\n<p>He plans to meet with state railway company KAI and PT Bank Rakyat\nIndonesia (Persero) Tbk (BRI), possibly to discuss TOD housing\nelsewhere.<\/p>\n<p>He said the Manggarai housing development was an example of\ncollaboration to make use of state assets, through a partnership between\nKAI and PT Bank Tabungan Negara (Persero) Tbk (BTN) to provide housing\nfor the public.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bp-tapera-urges-developers-to-explore-flpp-vertical-housing-opportunities-1792407143",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}