Hight-rise housing drive faces funding hurdles<\/p>\n
JAKARTA (JP): The city administration's determination to
\npromote the development of high-rise housing is facing various
\nproblems, ranging from low personal incomes to escalating land
\nprices, an official said yesterday.<\/p>\n
Thamrin Djamain, president of the city-owned PT Pembangunan
\nSarana Jaya, said that most people living in slum areas cannot
\neven afford the low-cost apartments that make up the highrise
\nbuildings.<\/p>\n
"Because of the inability of these people to buy the
\nfacilities, the administration tends to lease the low-cost
\napartments to them," he said.<\/p>\n
Speaking at the opening of a two-day national workshop on
\nhousing management, Thamrin said that the limited availability of
\nfunds has forced the city administration to invite private
\ncompanies to enter the housing development program.<\/p>\n
The workshop, which was opened by Governor Surjadi Soedirdja,
\nwas attended by 194 government officials, including 97 mayors, 34
\nregents and 63 chairmen of the regional agencies for development
\nplanning.<\/p>\n
The demand for low-cost housing in Jakarta is estimated at
\n32,250 units per annum, middle class housing at 19,350 and the
\n12,900 units at the high end, he said.<\/p>\n
The number of low-cost apartment units built by the city
\nadministration reached 8,734 units in the period between 1987 and
\n1994, 2,687 units from 1994 to 1995 and another 27,568 units will
\nbe built between 1996 and 2000, he said.<\/p>\n
Thamrin said that the number of both low-cost apartment units
\nand houses built by private companies reached 6,192 units in 1990
\nand 23,568 units in 1991.<\/p>\n
He said that the sharp increase in the price of land in the
\ncity has been caused mainly by land brokers, the absence of a
\nprice control instrument and accelerated development.<\/p>\n
Governor Surjadi said that the Jakarta administration's
\ndecision to promote high-rise housing is the result of limited
\nland availability. (32)<\/p>",
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