property-developer

Property developers push rent-to-own scheme for informal workers – Regulations

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Property developers have proposed a rent-to-own scheme as a way to ease homeownership access for workers in the informal sector. Junaidi Abdillah, chairman of the All-Indonesia Association of Housing and Settlement Developers (Apersi), said the scheme could address the persistent issue of informal workers who were often underserved by banks. Thus, they stood little chance … Read more

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

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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