{
    "success": true,
    "data": {
        "id": 1798850,
        "msgid": "property-business-prospects-amid-the-high-interest-rate-era-1781196612",
        "date": "2026-06-11 19:34:34",
        "title": "Property Business Prospects Amid the High Interest Rate Era",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's property sector is bracing for significant headwinds after Bank Indonesia unexpectedly raised its benchmark interest rate by 25 basis points to 5.50%. The central bank governor stated the out-of-cycle hike was a crucial intervention to counter persistent depreciation pressure on the rupiah. This tightening monetary policy threatens to increase mortgage costs and dampen demand in the already challenged real estate market.",
        "content": "<p>The property sector is once again facing severe challenges after Bank\nIndonesia (BI) raised its benchmark interest rate, the BI Rate, by 25\nbasis points to 5.50%. The decision was made out of the ordinary as it\nwas set outside the schedule of the monthly Board of Governors\u2019 Meeting.\nThe tightening measure was decided during the Weekly Board of Governors\u2019\nMeeting on Tuesday (9\/6\/2026). Bank Indonesia Governor Perry Warjiyo\nexplained that this monetary policy intervention was crucial as a step\nto respond to the ongoing depreciation pressure on the rupiah exchange\nrate.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/property-business-prospects-amid-the-high-interest-rate-era-1781196612",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}