Presenting 300 Housing Projects, BTN Targets IDR 2.5 Trillion KPR Ties At IPEX 2022

Photo: Doc. Between/BTN

JAKARTA - PT Bank Tabungan Negara (Persero) Tbk is targeting a mortgage loan (KPR) of around Rp. 2.5 trillion at the 2022 Indonesia Properti Expo (IPEX) with the theme "KPR BTN Merdeka" at the Jakarta Convention Center (JCC), Senayan, Jakarta. , on 13-21 August 2022.

Bank BTN President Director Haru Koesmahargyo said IPEX 2022 this time was special because in addition to commemorating the 77th Independence Day of the Republic of Indonesia, it was also in order to enliven the 2022 National Housing Day (Hapernas) with the theme "Decent and Affordable Housing for All".

"This time, at IPEX 2022, we carry the theme 'KPR BTN Merdeka', which means that every community has the right to have decent housing, facilitated through KPR BTN," he said in a statement quoted by Antara, Sunday, August 14.

Haru conveyed that the demand for housing continues to exist and the number is quite large, as can be seen from the gap in demand and ability to provide housing for the community, especially for low-income people (MBR).

According to Haru, it requires the cooperation of various parties from developer associations, banks and regulators to answer these needs, one of which is through the 2022 Indonesia Property Expo (IPEX).

IPEX 2022 KPR BTN Merdeka was attended by 55 developers, namely 11 subsidized developers and 44 non-subsidized developers, as well as seven participants from housing support providers and non-associated developers.

"For nine days this exhibition is expected to attract more than 55,000 visitors," said Haru.

The projects marketed at the exhibition reached more than 300 housing projects spread throughout Greater Jakarta and several cities such as Bandung, Surabaya, and others.

For people who take mortgages in the IPEX 2022 event, Bank BTN provides a very attractive interest rate of only 2.22 percent for the first year. In addition, there is a free offer for provision, administration, and appraisal fees.

Haru said, Bank BTN continues to be committed to being a partner of the Government in meeting the needs of livable houses for MBR. The company's commitment is proven by its large contribution to the one million houses program.

"It is hoped that the amount of Bank BTN's home financing disbursement will be greater if the Government approves corporate action in the rights issue which is planned to be carried out at the end of this year," Haru said.

According to him, with the acquisition of funds through the pre-emptive rights or rights issue, Bank BTN can expand the distribution of home financing even more. Bank BTN will be able to play an even bigger role as well as become a partner of the government in meeting housing needs, especially for MBR.

With the rights issue, by the end of 2025, Bank BTN will be able to channel home financing of around 1.5 million housing units, an increase of almost eight times from today.

"We realize that the task of Bank BTN is a very challenging task and cannot be carried out alone. It needs full support from all stakeholders and stakeholders in the housing sector so that the mandate of the law related to housing for the people is reflected in the one million houses program as an initiative of Mr. President Jokowi. can be fulfilled," said Haru.