Property Industry Grows, BTN Optimistic Reaches Target to Build Subsidy House

By : Herry Barus And Aldi Firhand. A | Monday, October 23 2017 - 22:35 IWST

President Jokowi accompanied by State Minister of State Own Enterprises, Minister of PUPR and President Director of Bank BTN at IPEX 2017 (dok Industry.co.id)
President Jokowi accompanied by State Minister of State Own Enterprises, Minister of PUPR and President Director of Bank BTN at IPEX 2017 (dok Industry.co.id)

INDUSTRY.co.id - Kendari- PT Bank Tabungan Negara Kendari, Southeast Sulawesi (Sultra), said it is optimistic to reach the target of building 1,945 units of subsidized houses by 2017.

Head of BTN Credit Kendari, Riski Werdana in Kendari, Sunday (22/10/2017) said until October 2017 has completed the construction of 1340 units spread in Kendari City, South Konawe, Kolaka and Baubau City.

In realizing a national program of 1,000,000 subsidized homes, BTN Sultra is cooperating with 95 housing construction entrepreneurs.

"Bank BTN selectively approves the developers who are partners in realizing the construction of subsidized housing, some developers are not eligible to become partners of BTN because they reneged on the agreement," Riski said.

Bank BTN Sultra data from January to September 2017 has disbursed a mortgage of Rp156.5 billion for a credit agreement of 1,340 units.

"House type 36 built by partner BTN businessman sold for Rp129 million with the installment period varies between 10 years to 15 years" said Riski.

Realization of subsidized housing loan from January to September 2017 amounted to Rp156, 5 billion significantly increased compared to January-September Year 2016 amounting to Rp141 billion.

The substantial realization of subsidized housing loan disbursement has been prompted by several things, such as high participation, fast and targeted services.

In addition, he said, the appeal of consumers having a subsidy house is Bank BTN preparing an advance payment of Rp4,000,000.

The requirement of having a government subsidy house is that the applicant has no home, the applicant's income is not less than Rp4,000,000 per month and has been 21 years old

News Comment

Today's Industry

President Jokowi inaugurates 17 Indonesian Ambassadors Extraordinary and Plenipotentiary at the State Palace in Jakarta (25/10/2021). (Source: YouTube Channel of Presidential Secretariat)

Senin, 25 Oktober 2021 - 20:40 WIB

President Jokowi Inaugurates 17 New Ambassadors

President Joko “Jokowi” Widodo Monday (25/10/2021) at the State Palace, Jakarta, inaugurated 17 Ambassadors Extraordinary and Plenipotentiary (LBBP) of the Republic of Indonesia to Friendly…

President Jokowi receives Letters of Credence from four new Ambassadors of friendly countries, at the Merdeka Palace, Jakarta Province, in September. (Photo by: Presidential Secretariat/Lukas)

Senin, 25 Oktober 2021 - 18:50 WIB

President Jokowi Receives Letters of Credence from Nine New Ambassadors

President Joko “Jokowi” Widodo, on Monday (25/10), received Letters of Credence from nine new Ambassadors Extraordinary and Plenipotentiary (LBPP) of Friendly Countries to the Republic of…

Widodo Sucipto, President Director of PT Hydrotech Metal Indonesia.

Selasa, 19 Oktober 2021 - 15:47 WIB

Hydrotech Metal are Getting Closer to Canada Securities Exchange

PT Hydrotech Metal Indonesia are getting closer to Canada Securities Exchange, after the signing of Share Exchange Agreement with a Canadian company recently. The signing was done virtually…

Vice President Ma’ruf Amin and his spouse Ibu Wury head to Ambon for a working visit, Wednesday (13/10). (Photo by: Vice Presidential Secretariat)

Jumat, 15 Oktober 2021 - 22:10 WIB

VP Ma’ruf Amin to Close 20th PON in Papua

Vice President Ma’ruf Amin, on Friday (15/10), is scheduled to close the 20th National Sports Week (PON) in Papua at the Lukas Enembe Stadium, Jayapura regency. The Vice President, his spouse…

President Joko Widodo and Cabinet Secretary Pramono Anung at Kompas Bajo, Puncak Waringin, Thursday (14/10) afternoon. (Photo by: BPMI/Laily Rachev)

Jumat, 15 Oktober 2021 - 21:32 WIB

President Jokowi Visits Kompas Bajo Creative Hub

Ending his working visit in East Nusa Tenggara Province, President Joko “Jokowi” Widodo and First Lady Ibu Iriana on Thursday (14/10) afternoon took a walk to Kompas Bajo which is located…