Indonesian Political, Business & Finance News

Low-cost apartments for 144 families

| Source: JP

Low-cost apartments for 144 families

TANGERANG: Low-cost apartments will be built for the Tangerang
municipality administration to rent out to accommodate people who
live in flood-prone areas.

Financed by the Ministry of Settlement and Regional
Infrastucture, the apartments in Manis Jaya subdistrict,
Jatiwangi, will be completed in February.

"At least 144 families living in flood-prone areas can move
into the apartments in March," Soewardjono, the municipality's
chief of housing technical planning said on Wednesday.

The project is worth Rp 8.6 billion (about US$1 million).

So far, no one has registered with the administration to be
tenants.

The rent per apartment will be between Rp 125,000 and Rp
150,000 per month. -- JP

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