JAKARTA - BP Tapera Commissioner, Heru Pudyo Nugroho, emphasized that West Java is the province with the highest realization of the national Housing Financing Liquidity Facility (FLPP). As of September 16, 2025, 40,290 subsidized housing units were distributed or equivalent to 22.95 percent of the total national 175,549 units.
According to Heru, this achievement reflects the high demand for houses among low-income people (MBR) in provinces with the largest population in Indonesia.
"West Java is the highest, there are 40,290 units, almost a quarter of the national realization. The potential demand for subsidized houses in West Java is very large," he said during the Housing People's Business Credit Socialization (KUR) in Bandung, quoted by Antara, Friday, September 19.
Nationally, FLPP realization has only reached 50.16 percent of the target of 350 thousand units this year. Central Java occupies the second position with 15,246 units, followed by South Sulawesi with 14,157 units, and Banten with 11,951 units.
At the district level, Bekasi Regency leads with 9,083 units, followed by Bogor Regency with 6,744 units, and Karawang Regency with 4,566 units. All three are in the buffer zone of Jakarta which is the center of growth for new settlements.
Heru assessed that the demand for subsidized houses in Java was mainly concentrated in metropolitan areas, especially Jakarta buffers. However, people's payability is still an obstacle.
Although the distribution continues to grow, Heru revealed that the level of credit application (approval rate) is still a major obstacle. He said many prospective debtors were rejected due to credit score problems, including small debts from online loans.
Some were rejected because of an online loan of IDR 500 thousand. The value is small, but it is enough to make the bank refuse. This is a challenge about bankability," he said.
In terms of distributors, Bank BTN still dominates with 88,310 units, followed by BTN Syariah 35,916 units, and BRI 17,033 units.
For the developer association, Real Estate Indonesia (REI) recorded 73,171 units, while the All-Indonesian Housing and Settlement Development Association (APERSI) 53,081 units. Bank BJB also distributed around 5,000 units until mid-September.
BP Tapera recorded a fluctuating trend of FLPP financing in the last three years. In 2022 it reached IDR 25.15 trillion, up to IDR 26.32 trillion in 2023, then down to IDR 24.57 trillion in 2024.
As of September 16, 2025, the value of financing has reached IDR 22.02 trillion, up 43.06 percent compared to the same period last year.
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Heru is optimistic that the target of 350 thousand units can be achieved by the end of the year. The government, he said, has expanded cooperation with private banks such as BCA, Artha Graha, and Nobu, as well as encouraging the acceleration of development by developer associations.
He added that the credit scheme offered includes DP 1 percent, flat interest 5 percent, and tenors up to 20 years, with priority for MBR and first home ownership.
In addition, the occupancy rate of subsidized houses is also recorded to be high. The first semester of 2025 survey of 29,966 units showed occupancy reached 92 percent, signaling that the subsidized housing program was actually being utilized by the community.
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