KAP Focuses on Developing 6,000 Subsidised Homes
PT Kawah Anugerah Properti (KAP) is targeting the construction of 6,000 subsidised housing units by 2026. The target includes projects currently under development across five locations, including Serang City, Serang Regency, and Tangerang Regency.
KAP’s Chief Executive Officer, M. Ridwan, stated that the company continues to focus on increasing the number of subsidised homes accessible to low-income earners (MBR).
“In addition to the Pondok Banten Indah project, we are also developing five other projects through subsidiary companies. Some projects have already commenced construction and sales, whilst others have entered the initial earthworks phase,” explained Ridwan.
Despite increased production costs, particularly for additional facilities at each housing development, Ridwan affirmed the company’s commitment to maintaining housing quality. Accordingly, the company continues to provide decent accommodation at affordable prices.
Beyond Banten, PT KAP plans to expand subsidised housing projects outside the province. Land surveys have already commenced in West Java and Central Java, with the first project expected to begin in late 2026. Ridwan expressed optimism that this expansion will reach more people in need of quality subsidised housing.
“Our focus remains on subsidised housing. There is particular satisfaction in seeing low-income families able to own a quality home,” he added.
Pondok Banten Indah (PBI) is one of KAP’s flagship projects, featuring a subsidised housing concept with a cluster system. Ridwan explained that this system aims to create a more orderly and comfortable environment for residents.
“Typically, in subsidised housing, homes face each other and additional structures such as small shops can disrupt order. With the cluster system, each area is equipped with boundary fencing, creating a neater and more organised atmosphere,” said Ridwan.
Ridwan noted that each cluster in PBI comprises 200 housing units. Although production costs have increased due to fencing and additional facilities such as playgrounds, PT KAP remains committed to providing added value to consumers.
The sale of 1,002 housing units at Pondok Banten Indah sold out within just two months following the mass mortgage agreement for FLPP mortgages in December 2025.
The project also provides several green open spaces equipped with public facilities including playgrounds, sports fields, and a mosque.
PT KAP has allocated a budget of Rp700 million for each green open space as part of efforts to create a comfortable and healthy residential environment.
With total development land of approximately 70 hectares, Pondok Banten Indah will feature more than 3,000 housing units built using the cluster system. Ridwan emphasised that quality and consumer satisfaction are the primary priorities in every project the company develops.
“We always prioritise housing quality and after-sales service. The majority of our home buyers come from recommendations of previous consumers, which proves we have successfully met their expectations,” said Ridwan.
PT KAP continues to improve customer service by treating consumers as the company’s greatest asset. Ridwan operates on the principle that companies must maintain consumer trust to continue growing and competing in the subsidised housing market.
PT KAP plans to expand beyond Banten Province with a target for developing subsidised housing projects in West Java and Central Java. Ridwan explained that land surveys for this inter-provincial expansion have already commenced, with the first project expected to begin development in late 2026.
“Although we plan to expand our reach beyond Banten, our focus remains on subsidised housing. There is particular satisfaction in seeing low-income families able to own a home of good quality,” said Ridwan.
With its success and strong commitment, PT KAP aspires to continue increasing its contribution to providing decent and high-quality subsidised housing, thereby delivering positive impact to communities in need of affordable accommodation.
In early 2026, PT KAP received two prestigious awards. The company was recognised as the ‘Best Subsidised Mortgage Developer’ by PT Bank Syariah Nasional (BSN) and ‘Best Cluster Concept Subsidised Housing Development’ for the Pondok Banten Indah (PBI) project by the Forum Wartawan Perumahan (Forwapera – Housing Journalists Forum).
The awards were received by KAP’s Chief Executive Officer, M. Ridwan, at the BSN Developer Gathering event in Jakarta on 4 February 2026, and the Forwapera Awards on 5 February 2026.
Ridwan expressed that the awards reflect the company’s hard work in building its reputation and the quality of housing projects it develops.