JAKARTA - Minister of Housing and Settlement Areas (PKP) Maruarar Sirait opened the option of subsidized houses not in the form of landed houses, but flats or apartments.

"I want to build a flat or apartment later, but it is categorized as a subsidized house," said Maruarar at the KPK's Red and White Building, Jakarta, quoted by Antara, Thursday, June 19.

Therefore, he asked for prayers from the Indonesian people so that the plan could be realized.

"Yes, that's it, pray for it. So, we also think about it," he said.

He further said that the Ministry of PKP is preparing a budget for housing financing liquidity facilities (FLPP) to build 350 thousand subsidized housing units by 2025 worth IDR 43 trillion and can also build subsidized houses in the form of non-tables.

"We want to think about it. How can this budget be partly for example high-rise houses, apartments like that," he said.

The FLPP for subsidized houses is financed through a mixed scheme, namely 75 percent from the government and 25 percent from banks, with the support of PT Sarana Multigriya Finansial (Persero) and state capital participation (PMN) of IDR 7.02 trillion, bringing the total to IDR 43 trillion.


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