{
    "success": true,
    "data": {
        "id": 1818869,
        "msgid": "indef-subsidised-mortgage-interest-rates-must-be-maintained-for-low-income-homebuyers-1782204813",
        "date": "2026-06-23 15:25:11",
        "title": "Indef: Subsidised Mortgage Interest Rates Must Be Maintained for Low-Income Homebuyers",
        "author": "Gita Amanda",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Property",
        "summary": "An economist from the Institute for Development of Economics and Finance (Indef) has urged the government to keep subsidised mortgage (KPR) interest rates at 5 percent to ensure affordability for low-income communities (MBR). The call comes amid global geopolitical uncertainty, with the Housing Minister confirming the rate will remain unchanged to support the Prabowo administration's housing programme. Realisation of the subsidised housing scheme has reached 78,277 units, representing over 22 percent of the 2026 annual target.",
        "content": "<p>Economist Eko Listiyanto from the Institute for Development of\nEconomics and Finance (Indef) has stated that the interest rate for\nsubsidised mortgages (KPR) needs to be maintained at 5 percent to remain\naffordable for low-income communities (MBR) amidst global geopolitical\nuncertainty. \u201cBecause this is housing provision for MBR, I believe the\nability to pay the instalments must be safeguarded,\u201d Eko said in Jakarta\non Tuesday (23\/6\/2026).<\/p>\n<p>According to him, the policy of maintaining the subsidised mortgage\ninterest rate is quite a relief for consumers. Government support is\nnecessary to ensure that KPR interest rates remain accessible to\nlow-income earners. \u201cIn my view, this is one of the steps to ensure that\nthe ability to pay instalments is maintained for MBR, because this\nprogramme is indeed intended for MBR,\u201d Eko stated.<\/p>\n<p>For context, Minister of Housing and Settlement Areas (PKP) Maruarar\nSirait has confirmed that the interest rate for subsidised housing will\nnot increase and will remain at a flat rate of 5 percent from the\nbeginning to the end of the instalment period. Maruarar, familiarly\nknown as Ara, said that despite the increase in the BI Rate, the\ngovernment is maintaining the Housing Financing Liquidity Facility\n(FLPP) interest rate at 5 percent so that people can obtain housing with\naffordable instalments.<\/p>\n<p>\u201cWe are ensuring that the state is present and takes sides with the\npeople, especially low-income communities. Despite economic dynamics and\nthe increase in the BI Rate, the FLPP interest rate is maintained at 5\npercent so that people continue to have access to decent and affordable\nhousing,\u201d Ara said.<\/p>\n<p>Regarding the progress of FLPP distribution in 2026, out of a target\nof 350 thousand housing units, realisation to date has reached 78,277\nunits, or approximately 22.36 percent of the annual target. Ara assessed\nthat the KPR housing financing programme with the FLPP scheme is in high\ndemand among developers and makes it easier for the public to own\nliveable homes. He added that the existence of housing financing through\nKPR FLPP is a concrete step by the government to encourage the public to\nown liveable and affordable homes. Banks and housing developers have\nalso frequently requested that the Ministry of PKP continue the KPR FLPP\nprogramme to support the success of the 3 Million Houses Programme, in\nline with the vision and mission of President Prabowo Subianto.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indef-subsidised-mortgage-interest-rates-must-be-maintained-for-low-income-homebuyers-1782204813",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}