Central Java Records Highest Housing Loan Realisation, Total Reaches IDR 4.96 Trillion

This was announced by the Minister of Housing and Settlement Areas (PKP), Maruarar Sirait (Ara), at a mass ceremony for 62,710 subsidised mortgage (KPR) and housing people’s business credit (KUR) units at the Puri Delta City Side housing estate in Siwatu Village, Wono Tunggal District, Batang Regency, today.

The event was attended by President Prabowo Subianto and his ministerial cabinet, Central Java Governor Ahmad Luthfi, West Java Governor Dedi Mulyadi, and East Java Governor Khofifah Indar Parawansa.

According to data from the Ministry of Housing and Settlement Areas (PKP), total housing programme credit disbursement in Central Java as of 29 July 2026 reached Rp 4.96 trillion, covering 28,275 borrowers. The figure represents total housing credit channelled by state-owned banks (bank himbara), regional development banks, and private banks.

“For the top five provinces, the champion is Central Java Province — thank you, Governor (Ahmad Luthfi). Second is East Java, third West Java, fourth South Sulawesi, and fifth Bali,” said Ara in a written statement on Thursday (30/7/2026).

Ara explained that among the state-owned banks, the highest subsidised KPR disbursement was achieved by Bank Tabungan Negara (BTN), while for housing KUR it was Bank Rakyat Indonesia (BRI). Among private banks, the highest disbursement was recorded by Bank Nobu.

“For regional development banks, the largest distributor is also Bank Jateng,” he said.

Meanwhile, Ahmad Luthfi said the achievement was a source of shared pride. The housing credit programme benefits lower-income communities, particularly those in deciles 1, 2, 3, and 4, while also supporting government efforts to help people own decent housing.

“The President and the Minister of PKP appreciate the housing KUR in Central Java. Bank Jateng was also commended for being the highest in Indonesia. This is indeed our shared priority, including Bank Jateng as one of the banks for MSME KUR,” he said.

Meanwhile, Director of Fund Services and MSMEs at Bank Jateng, Anna Kusumarita, explained that housing credit under the Housing Financing Liquidity Facility (FLPP) is indeed intended for low-income members of the public. Their professions vary, ranging from civil servants (ASN), entrepreneurs, private employees, to informal workers.

According to her, housing credit at Bank Jateng is affordable, with an interest rate of 5% per year, plus a subsidy of Rp 4 million. It also includes exemption from the Land and Building Acquisition Duty (BPHTB), with repayment terms of 15 and 20 years.

“This is for prospective borrowers with incomes below Rp 8 million,” she said.

She explained that for the 2026 FLPP programme, as of 27 July, Bank Jateng had disbursed credit to 663 borrowers worth approximately Rp 104 billion, through both conventional Bank Jateng and Bank Jateng Syariah. The programme aligns with Governor Ahmad Luthfi’s directive to support the central government’s three million homes programme.

“Central Java, particularly Bank Jateng, is being encouraged to implement this programme. The Governor is very enthusiastic and has held mass mortgage ceremonies several times together with Bank Jateng to boost FLPP KPR uptake,” she concluded.