{
    "success": true,
    "data": {
        "id": 1762794,
        "msgid": "btn-property-auction-widens-public-access-to-homeownership-1780307172",
        "date": "2026-05-25 12:25:06",
        "title": "BTN property auction widens public access to homeownership",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Property",
        "summary": "BTN has introduced a property auction program providing 10,000 pre-owned homes at prices up to 40% below market value, with financing options starting at 5%. The initiative aims to boost access to affordable housing and support the 3 Million Homes Programme, targeting a 35% auction success rate in 2026.",
        "content": "<p>Jakarta (ANTARA) - PT Bank Tabungan Negara (Persero) Tbk, or BTN, has\nannounced a property auction to broaden public access to homeownership.\nSEVP of Assets Management at BTN, Benjamen Sihombing, said the trend for\nsecond-hand houses and auction assets is increasingly popular due to\nmore affordable prices in developed areas with comprehensive facilities.\n\u201cThrough the BTN Big Auction 2026, we aim to provide wider access for\nthe public to own competitively priced homes while strengthening a\nhealthier, more transparent, and accessible second-hand property\ntransaction ecosystem in Indonesia,\u201d he said in Jakarta on Monday. BTN\nis set to flood the national property market with 10,000 pre-owned homes\nthrough the auction program, offering tens of thousands of properties at\nprices up to 40% below market value. It also provides second-hand home\nfinancing schemes with interest rates starting at 5% to expand public\naccess to housing ownership and property investment, while supporting\nthe 3 Million Homes Programme. According to Benjamen, the assets include\nstandalone houses, apartments, shophouses, and other commercial\nproperties, located across Jabodetabek, Java, and beyond. He added that\nmost assets are in areas with existing infrastructure, public\nfacilities, and established residential environments. \u201cBTN aims for a\n35% auction success rate in 2026, after achieving the highest\ntransaction rate among Himbara banks in 2025 with a 34.4% realisation,\u201d\nhe said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/btn-property-auction-widens-public-access-to-homeownership-1780307172",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}