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Home South-eastern Asia Indonesia

Prabowo praises largest-ever subsidized housing loan signing

by Asia Today Team
December 20, 2025
in Indonesia
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Fewer Tourists, Higher Revenue: Bali Pushes Quality Over Quantity

Central Berks police officer killed in crash while responding to assist neighboring agency


Jakarta (ANTARA) – Indonesian President Prabowo Subianto praised the mass signing of fifty,030 sponsored housing loans — the biggest ever — as a rare achievement for low-income communities.

Talking on the signing ceremony in Banten on Saturday, Prabowo stated nationwide improvement is a long-term course of continued by successive leaders.

He famous that the housing initiative started beneath earlier administrations and stays a shared dedication to bettering public welfare.

“At this time is a rare achievement: the mass signing of fifty,030 sponsored housing loans, initiated by President SBY, continued by President Jokowi, and I’ll proceed and enhance it,” Prabowo stated.

He urged housing builders to keep up building high quality so low-income households can receive respectable housing, even beneath subsidy schemes.

Prabowo emphasised that low-income households have to be supported and empowered, noting that the federal government’s 3 Million Housing program goals to enhance dwelling requirements for economically deprived communities.

This system, he stated, will even profit surrounding communities, together with building staff, small distributors, and different native financial actors.

The president additional reaffirmed his dedication to eradicating poverty, smuggling, and corruption to make sure broader prosperity.

“If the weakest are empowered, they may revitalize your entire economic system. That’s the reason we should eradicate poverty and cease smuggling and corruption,” he stated.

The mass signing of sponsored housing loans throughout 33 provinces marked the biggest such occasion in Indonesia.

The ceremony was held on the Pondok Banten Indah Housing Advanced in Serang, Banten, which spans 20 hectares and has potential for growth to 60 hectares.

Within the preliminary part, 1,600 sponsored housing models and 150 cluster housing models shall be constructed. Every sponsored home will occupy a 60-square-meter plot with a 30-square-meter constructing space.

As of December 19, sponsored housing mortgage distribution had reached 263,017 models value Rp32.67 trillion (round US$1.95 billion), involving 39 banks, 22 developer associations, and seven,998 builders throughout 401 cities and districts.

Associated information: Prabowo oversees mass signing of fifty,030 sponsored dwelling loans
Associated information: Sumatra floods: President Prabowo urges immediate housing building

Translator: Maria Cicilia G P, Resinta Sulistiyandari
Editor: Anton Santoso
Copyright © ANTARA 2025



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