Low earners may ‘lose out’ in expanded housing program – Regulations

he government is expanding a subsidized housing program to people in higher-income brackets to help members of the middle class close the homeownership gap, but experts have warned the move could undermine access for those in lower-income groups. Unmarried individuals in Greater Jakarta who earn an income of up to Rp 12 million (US$722) each … Read more

Meikarta consumers can claim full refund on stalled units, govt says – Companies

he Public Housing and Settlements Ministry has stated that Meikarta consumers who never received their promised apartment units can receive full reimbursement from the property developer. The Meikarta Consumer Care Community Association (PKPKM), a consumer group representing dozens of disgruntled buyers, to date still demands that its rights be fulfilled by PT Mahkota Sentosa Utama … Read more