REI Chairman Praises Prabowo as Highly Noble for Freeing OJK's SLIK System for Low-Income Groups
The policy to eliminate barriers in the Financial Services Information System (SLIK) for low-income households (MBR) is seen as a turning point for the national property industry.
President Prabowo Subianto has positioned the housing sector as a vital instrument for public welfare, a step regarded as having a high humanitarian dimension.
General Chairman of the Indonesian Real Estate Association (REI) DPP, Joko Suranto, emphasised that the vision to build three million homes is a highly noble agenda that provides room for accelerating housing provision for the people.
The government has significantly increased the quota for the Housing Finance Liquidity Facility (FLPP), from 220,000 units to 350,000 units.
However, achieving this target has long been hindered by rigid banking regulations regarding small-scale bad credit records.
“Almost 80 percent of MBR applying for subsidised mortgages are obstructed by SLIK. The majority of issues concern paylater arrears or online loans,” Joko stated.
SLIK issues stemming from digital loans have been a controversy over the past 1.5 years. REI has noted that many potential consumers have lost their right to own homes simply due to small nominal arrears.
After intensive discussions, the OJK under the leadership of Commissioner Council Chair Friderica Widyasari Dewi has finally made a strategic decision.
“We heard directly from the OJK that SLIK problems below Rp1 million will be accommodated. This policy provides broad opportunities for the people who have been constrained by administrative procedures to own homes through the FLPP scheme,” asserted the CEO of Buana Kassiti Group.
In addition to waiving barriers for small nominal amounts, the OJK is accelerating the updating of loan settlement status in the SLIK system.
Starting from the end of June 2026, data updates for settlements will take no longer than three working days.
This step removes the stigma that SLIK data automatically disqualifies credit applications without considering other aspects.
This forum unites ministries, regulators, BP Tapera, and developer associations to cut through coordination bottlenecks.
“This task force is crucial so that field obstacles do not drag on. This synergy maintains the simultaneous growth of the financial and property industries,” Joko added.
REI is committed to supporting the creation of a healthy banking ecosystem while still prioritising the provision of decent housing quality for the community.