Tuesday, 12 December 2017 | 01:42 WIB

At IPEX 2017, Subsidized Houses Priced Starting from IDR110 Mln

Illustration: Subsidized houses

JAKARTA, NETRALNEWS.COM - The residential exhibition of Indonesia Property Expo (IPEX) is held again, from August 11 to August 20, 2017 at the Jakarta Convention Center (JCC).

President Joko "Jokowi" Widodo who opened this IPEX appreciated the high interests of people who come and buy houses in the exhibition event, especially for the subsidized houses which are also offered in this exhibition event.

"If I see earlier that the busiest one, the stands which are crowded are those with subsidies, interest subsidy and subsidized installments either from FLPP or from SSB. [Stands having] subsidies of interest spread [SSB] and housing development liquidity facility [FLPP] are the crowded ones," said Jokowi in a publication on Saturday (8/12/2017).

In this exhibition, the offered subsidized houses are priced at low price. The houses are also spread in some areas around Jakarta, so they are still affordable for people who have to work in the capital.

"I see the price which are in Depok, which are in Lebak, Tangerang and Bekasi, Bogor, Sukabumi, the average prices between IDR110 million and IDR140 million. Installment per month is almost an average of IDR800 thousand to IDR900 thousand. It is very affordable by the community," explained the former Jakarta governor.

Previously, Minister of Public Works and People's Housing Basuki Hadimuljono revealed IPEX 2017 is held in the framework of National Housing Day (Hapernas) 2017 which is commemorated every August 25 with the theme Eligible House Towards Prosperous Society.

Of the 201 outlets in the exhibition, 84 outlets offer home for low-income people (MBR).

"The exhibition was followed by 201 booths with details 117 non-MBR and 84 MBR including booth of the Ministry of Public Works participating in the expo. The number of transactions expected in this exhibition amounts to IDR5 trillion or rising when compared to the year 2016 of IDR4.5 trillion," he said. (*)