Bank BTN financing the Syariah KPR Syariah Lion Air Residence in Batam

INDUSTRY.co.id - Jakarta - In running the Million House Program launched by the government some time ago, PT Bank Tabungan Negara Tbk (BBTN), or Bank BTN, continues to boost the Housing Loans (KPR), both conventional and Sharia.

This time there is news from Batam, where Bank BTN, presenting KPR Syariah facilities for 1200 employees Lion Group. In this program, Bank BTN cooperates with PT Lion Air and PT Sarana Global Utama.

PT Lion Air is very familiar known as one of the private airlines in Indonesia, while PT Sarana Global Utama is the developer (developer) of housing in Batam whose mortgage is financed by KPR Syariah Bank BTN.

According to the management of Bank BTN, the cooperation is in line with the steps of Bank BTN which continues to support the success of the One Million House Program as well as to boost the credit and financing of Bank BTN in Batam.

For the first phase, PT Sarana Global Utama will develop 320 units of houses on 3.7 hectares of land located in Batu Besar Sub-district, Nogsa Batam District. The residential area is named Lion Air Residence.

Of the total 320 units of houses in Lion Air Residence, there are 110 units of subsidized houses and 210 units of non-subsidized houses. The sale price of subsidized homes amounts to Rp130 ​​million per unit, while non-subsidized prices reach above Rp200 million per unit.

"We will continue to hold similar partnerships with various parties to support the success of the One Million House Program," said Handayani, Managing Director of Consumer Banking Bank BTN at Groundbreaking Lion Air Residence, in Batam, Thursday (12/10/2017).

Handayani asserted, through this partnership, Bank BTN encourages credit growth in Batam. KPR this time prioritize the sharia scheme. It aims to support the role of sharia finance for the provision of development funding sources, including housing. (Abraham Sihombing)