{
    "success": true,
    "data": {
        "id": 1807627,
        "msgid": "minister-40-year-subsidised-mortgage-tenor-to-ease-public-burden-1781686539",
        "date": "2026-06-17 15:18:02",
        "title": "Minister: 40-year subsidised mortgage tenor to ease public burden",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Housing Minister Maruarar Sirait has confirmed that a new 40-year mortgage tenor for subsidised housing will proceed as directed by President Prabowo, aiming to lower monthly instalments for low-income families. The scheme is currently under review by the Tapera committee, involving the finance and manpower ministers as well as the Financial Services Authority. The government expects the regulation to be finalised this year, while emphasising that the extended tenor will remain optional alongside existing 10-, 20-, and 30-year choices.",
        "content": "<p>Jakarta - Minister of Housing and Settlement Areas (PKP) Maruarar\nSirait (Ara) has stated that the 40-year instalment tenor scheme for\nSubsidised Housing Loans (KPR) is intended to provide greater ease for\nthe public. \u201cIn principle, this is no longer up for negotiation but must\nbe implemented with proper governance. It is already a directive from\nthe President with a very good objective of making it easier for the\npeople so that their instalments become lower\u2014that is excellent. Now the\nquestion is how the governance can also run well,\u201d said Ara in Jakarta\non Wednesday. He mentioned that the plan for the 40-year subsidised\nmortgage tenor scheme will be discussed within the Committee of the\nPublic Housing Savings Management Agency (Tapera). \u201cWe are currently\nlooking for a suitable time because it must involve the Tapera\nCommittee. The Tapera Committee includes myself, Mr (Finance Minister)\nPurbaya, the Minister of Manpower, and the Financial Services Authority\n(OJK). So together we have been prepared by Tapera; it has been studied\nfor the past one and a half months, discussions have been held with\nbanks and with SMF, and later it will be submitted to Tapera first for\nthe committee to deliberate,\u201d he said. Ara conveyed that the regulation\nfor the 40-year subsidised mortgage tenor scheme is expected to be\ncompleted this year. For context, the Minister of Housing and Settlement\nAreas (PKP) Maruarar Sirait (Ara) stated that the government is\ncurrently preparing regulations for a subsidised housing mortgage scheme\nwith a tenor of up to 40 years, in accordance with the directive of\nPresident Prabowo Subianto. Ara said the government is still conducting\nsimulations and preparing various supporting regulations before the\nlong-tenor policy is officially announced to the public in the near\nfuture. He stressed that the 40-year tenor scheme will be optional, so\nthe public can still choose shorter tenors according to their respective\ncapabilities and needs. He explained that the public will retain the\noption to select tenors of 10 years, 20 years, or 30 years, ensuring\nthat flexibility in instalment payments remains a focus of the\ngovernment in this policy.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/minister-40-year-subsidised-mortgage-tenor-to-ease-public-burden-1781686539",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}