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

Oleg Mogilevsky - Product Marketing Manager at Check Point Software Technologies (Photo by Linkedin)

Selasa, 10 November 2020 - 11:00 WIB

Five Reasons to Reevaluate Your Endpoint Protection

With the new emerging threats caused by remote working standards, security professionals need to reevaluate their approach to protecting endpoints. In order to do so, it’s vital that organisations…

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Selasa, 10 November 2020 - 10:30 WIB

Collaborative Robots Open New Horizons in Quality Control Processes

Collaborative robots (cobots) offer suitable solutions to manufacturers. Hence, cobot-based quality control and inspection systems that can transition between different end products in very…

Ilustration Hackers (Photo by Microwire.info)

Jumat, 30 Oktober 2020 - 11:20 WIB

Organisations Paid Hackers US$23.5 Million for These 10 Vulnerabilities in One Year

HackerOne report reveals cross-site scripting, improper access control, and information disclosure top list of most common and impactful vulnerabilities.

Clean Earth Technologies (CET)

Jumat, 30 Oktober 2020 - 10:30 WIB

Clean Earth Technologies’ New Class Of Polymers Invented By Associate Professor, Justin Chalker, Receives Australian Pm’s New Innovator Award

Associate Professor Justin Chalker has invented a novel class of polymers synthesised directly from elemental sulphur which is a waste by-product of the petrochemical industry and renewable…

Adi Ikan - Network Research & Protection Group Manager, at Check Point Software Technologies (Photo by Linkedin)

Jumat, 30 Oktober 2020 - 10:05 WIB

Measuring the Global Impact of the NSA’s Top 25 Vulnerabilities Being Exploited In the Wild

NSA’s list of top vulnerabilities were used to launch 3 million attacks in 2020, with 2.5 million of those attacks occurring in the last 6 months.