Millennials Become Attention To BTN KPR Mass Credit Akad, Increases Siginatively

JAKARTA - The State Savings Bank held a mass contract on House Ownership Loans or mortgages totaling 7,900 units on Wednesday, July 31, 2024 in the Pesona Kahuripan 9 Housing area, Cikakharipan, Bogor, West Java. The mass contracts were carried out simultaneously in a number of areas in Indonesia within one day.

Symbolically, BTN President Director Nixon Napitupulu together with the Secretary General of the Ministry of Public Works for Public Housing, Mohammad Zainal Fatah, and BUMN Sesmen Rabin Hattari symbolically opened the mass contract event. The KPR simultaneous mass Akad is a tangible manifestation of BTN in supporting the sustainability of the people's housing program.

Around 5,000 debtors attended the event, including subsidized mortgage debtors. They came from various groups, namely the TNI, Polri, and PNS as well as informal sector workers such as food and beverage fighters, market traders, and even online motorcycle taxis. From January to July 2024, BTN has realized approximately 112,000 subsidized KPR units, both from the FLPP and Tapera schemes from the national quota for FLPP mortgages set by the government as many as 166,000 units.

For 2020 to 2023, millennials absorbed 425,070 subsidized mortgage units or Rp62 trillion. As of June 2024, the figure has increased to 465,621 units or Rp68.5 trillion.