{
    "success": true,
    "data": {
        "id": 1577290,
        "msgid": "new-subsidised-housing-scheme-1-down-payment-and-30-year-tenure-1772273153",
        "date": "2026-02-28 15:55:00",
        "title": "New Subsidised Housing Scheme: 1% Down Payment and 30-Year Tenure",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Social Policy",
        "summary": "The Indonesian Ministry of Housing and Settlement Regions has introduced an extended loan tenure scheme for subsidised housing, allowing buyers to spread payments over 30 years instead of the previous 15-20 years. Finance Minister Purbaya Yudhi Sadewa endorsed the policy as a strategy to expand affordable housing access for low-income and middle-income households, requiring only a 1% down payment with the government providing Rp25 million (\u00a31.3 million) in initial cost subsidies.",
        "content": "<p>The Ministry of Housing and Settlement Regions is preparing an\nextended financing policy for subsidised housing loans, allowing loan\ntenures of up to 30 years.<\/p>\n<p>This policy aims to reduce monthly instalments and make homeownership\nmore affordable for low-income households (MBR).<\/p>\n<p>Finance Minister Purbaya Yudhi Sadewa expressed support for the plan,\nviewing the extended tenure as a strategy to broaden access to public\nhousing credit.<\/p>\n<p>\u201cWe support the measures of the Ministry of Public Works and Housing\nand BP Tapera to extend the tenure to 30 years. This way, instalments\nwill be cheaper, down payments can be lower, and it will be easier for\npeople to buy houses,\u201d Purbaya said following a Tapera Committee meeting\nin Jakarta on Thursday, 26 February 2026.<\/p>\n<p>\u201cIf instalments are lighter, people\u2019s purchasing power increases, the\nhousing sector grows faster, and the economy is boosted,\u201d he added.<\/p>\n<p>The Minister of Housing and Settlement Regions Maruarar Sirait noted\nthat the previous maximum tenure ranged from 15 to 20 years. The\nextension to 30 years represents a significant change in the subsidised\nhousing financing scheme.<\/p>\n<p>The government is also preparing a scheme for middle-income\nhouseholds (MBT), offering a fixed interest rate of 7% for 15 years with\ntenure extending to 30 years.<\/p>\n<p>Prospective buyers need only prepare a down payment of 1%. The\ngovernment will provide an initial cost subsidy of Rp25 million.<\/p>\n<p>The government targets this scheme to accelerate the provision of\nhousing for the population.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/new-subsidised-housing-scheme-1-down-payment-and-30-year-tenure-1772273153",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}