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# property

Latest news group about property.

Danantara, Himbara Banks Back $8 Billion Housing Finance Program

Indonesia will channel Rp 130 trillion ($8B) in housing loans via new state fund Danantara, backed by major state-owned banks.
Business Jun 20, 2025 | 4:39 pm

Minister Defends Controversial Mini-Home Design, Says No Final Decision Made

The proposed design calls for subsidized homes as small as 18 square meters of building space on 25 square meters of land.
Business Jun 18, 2025 | 9:21 pm

"This Isn’t Hong Kong": Indonesia’s Shoebox Housing Plan Draws Outrage

Indonesia’s plan to shrink subsidized homes to 18sqm sparks fierce backlash, with critics calling it inhumane and legally questionable.
News Jun 18, 2025 | 11:43 am

No Feud Here: Maruarar Says Hashim Dispute Overblown

Maruarar clarified that the proposal to reduce land size remains in draft form and no decision has been made.
Business Jun 6, 2025 | 10:27 pm

Gov’t Lifts Hotel Meeting Restrictions as Industry Faces Financial Crunch

The ban was blamed for worsening financial strain on hotels that depend heavily on government bookings.
Business Jun 4, 2025 | 9:46 pm

Indonesia to Issue SDG Bond So It Doesn’t Rely on Foreign Investors for Housing Program

President's younger brother Hashim Djojohadikusumo says that he has spoken with Finance Minister Sri Mulyani about the SDG bond plans.
Business May 22, 2025 | 10:42 am

Lawmaker Warns Minister Maruarar Against Converting Jakarta Prison into Housing

Maruarar has said the inmates at Cipinang could be relocated to a new facility outside urban areas.
Business May 8, 2025 | 11:04 pm

Nuanu: A Bali Tourism Project with $70 Million Investment Opportunities

Nuanu, a 44-hectare tourism project in Bali, reported that it had caught the attention of many foreign investors.
Lifestyle Apr 21, 2025 | 11:00 am

Indonesia’s Property Market Stays Resilient Amid Escalating US-China Trade War

The sustained demand is supported by Indonesia’s growing urban population and the increasing need for housing in major cities.
Business Apr 17, 2025 | 3:33 pm

Bogor Mayor 'Regrets' Closure of Two Hotels Amid Booking Decline

The Sahira Butik Hotel Paledang and Sahira Butik Hotel Pakuan -- both under the Sahira Hotels Group -- ceased operations on March 29.
Business Apr 17, 2025 | 2:42 pm

Hotels in Yogyakarta Report Declining Occupancy Rates

Other tourist destinations such as Malang and Bali are also reporting declining hotel occupancy rates.
Business Apr 17, 2025 | 10:38 am

Hotel Operators Blame Government Austerity for Sluggish Sales

Adding to the sector’s woes, Maulana noted that waning consumer purchasing power has further discouraged travel and leisure spending.
Business Apr 16, 2025 | 11:16 pm

West Java Hotel Cuts Labor Hours as Government Austerity Measures Hit Hospitality Sector

PHRI Chairman Hariyadi Sukamdani acknowledged earlier this month that the hotel industry is heavily reliant on government spending.
Business Apr 16, 2025 | 9:18 pm

Gov’t Raises Salary Cap for Subsidized Home Buyers to Rp 13 Million

To maintain the integrity of the subsidy program, the resale of subsidized homes remains tightly regulated.
Business Apr 9, 2025 | 2:50 pm

Gojek Drivers to Get Subsidized Homes Under Gov’t–GoTo Deal

Indonesia partners with GoTo to provide 2,000 subsidized homes for Gojek drivers, aiming to improve housing access for gig workers.
News Apr 8, 2025 | 7:33 pm

Jakarta Exempts Houses Under Rp 2 Billion from Property Tax

Pramono also clarified that no similar tax relief will be offered for vehicle ownership.
Business Mar 26, 2025 | 9:36 pm

Property Tycoon Hendro Gondokusumo Passes Away in Singapore

Hendro Gondokusumo was widely recognized as one of Indonesia’s most influential real estate figures.
Business Mar 13, 2025 | 6:38 pm

Gov’t to Blacklist Sloppy Housing Developers

The government’s subsidy program aims to help low-income families purchase affordable homes while ensuring profitability for developers.
Business Feb 12, 2025 | 12:38 pm

Qatari Investor to Invest at Least $16 Billion in Indonesia’s Housing Projects

Hashim said Sheikh Abdul Aziz Al Thani plans to allocate between $16,000 and $20,000 for each residential unit.
Business Jan 20, 2025 | 6:25 pm

Japan Eyes Investment in Prabowo’s 3 Million Homes Plan: Gov’t

Fahri’s statement put Japan in the list of potential foreign investors who wish to help Prabowo build 3 million affordable homes a year.
Business Jan 15, 2025 | 6:00 am

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