{
    "success": true,
    "data": {
        "id": 1762926,
        "msgid": "btn-auctions-10-000-second-hand-properties-1780162369",
        "date": "2026-05-25 12:50:59",
        "title": "BTN Auctions 10,000 Second-Hand Properties",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Property",
        "summary": "Bank Tabungan Negara (BTN) is auctioning 10,000 second-hand properties at up to 40% below market value to enhance public access to affordable housing and strengthen Indonesia's secondary property market. The state-owned bank is offering financing at 5% interest rates to support home ownership and investment, aligning with the government's 3 million houses programme, and aims for a 35% auction success rate in 2026.",
        "content": "<p>PT Bank Tabungan Negara (Persero) Tbk. (BTN) is holding a second-hand\nproperty auction through the BTN Grand Auction 2026. The state-owned\nbank is set to flood the national property market with 10,000\nsecond-hand housing units via the auction programme. BTN is offering\ntens of thousands of properties at competitive prices up to 40% below\nmarket value, aiming to increase public access to homeownership.\nBenjamen Sihombing, BTN\u2019s Senior Executive Vice President of Asset\nManagement, stated that the trend for second-hand homes and auction\nassets is growing in popularity due to more affordable prices in\ndeveloped areas with comprehensive facilities. \u2018Through the BTN Grand\nAuction 2026, we aim to broaden public access to competitively priced\nhomes while strengthening a healthier, more transparent, and accessible\nsecondary property transaction ecosystem in Indonesia,\u2019 Sihombing said\nin Jakarta on Monday, 25 May 2026, as reported by Antara. The\nstate-owned bank also offers second-hand home financing schemes with\ninterest rates starting at 5% to expand access to housing and property\ninvestment, supporting the government\u2019s 3 million houses programme.\nAccording to Sihombing, the assets offered include landed houses,\napartments, shop-houses, and other commercial properties, located across\nJabodetabek, Java, and beyond. He added that most of these assets are\nsituated in areas with established infrastructure, public facilities,\nand developed residential environments. \u2018BTN targets a 35% auction\nsuccess rate throughout 2026, following a record performance among\nHimbara banks in 2025 with a realisation rate of 34.4%,\u2019 he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/btn-auctions-10-000-second-hand-properties-1780162369",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}