Regarding The Rules For Subsidized House Prices, The Ministry Of Finance And The Ministry Of Law And Human Rights Are Still Waiting For Harmonization

Subsidy house (Photo: Doc. Antara)

The Ministry of Public Works and Public Housing (PUPR) is still waiting for the results of the harmonization carried out by the Ministry of Finance (Kemenkeu) and the Ministry of Law and Human Rights (Kemenkumham) regarding the issuance of the latest subsidized house price rules.

"It has been harmonized at the Ministry of Finance and has begun to be discussed with the Ministry of Law and Human Rights. It should have been discussed for a long time," said Director General of Infrastructure and Housing Financing of the Ministry of PUPR Herry Trisaputra Zuna to reporters in Jakarta, Wednesday, March 15.

Herry said, later after the harmonization is complete, it will be immediately promulgated through the Minister of Finance Regulation (PMK).

"The product has been completed, here, it's just a matter of harmonization," he said.

He explained, after the PMK was harmonized and promulgated, the Ministry of PUPR would issue a Ministerial Decree. However, Herry could not explain further about the time for the completion of the harmonization.

"Yes, be patient," he said.

Furthermore, said Herry, if the price of subsidized houses has been adjusted, it will have a positive impact on developers. Meanwhile, consumers will have an effect on installments.

"So with the adjustment, it is hoped that later it will reduce the burden on the developer, but for the community it will certainly affect the installments, yes," he said.

For your information, the subsidized house price adjustment agreement was decided in the meeting in January 2023 between the Association for Housing and Settlement Development throughout Indonesia (Apersi) and the Indonesian Realestate Company Association (REI) with the Fiscal Policy Agency (BKF) of the Ministry of Finance, as well as the Directorate General of Infrastructure Financing of the Ministry of Public Works and Public Housing (PUPR).

The developer association and policy makers have agreed to increase the price of subsidized houses by 5 percent and are said to be implemented this year.

The price limit for subsidized houses currently in effect refers to the Decree of the Minister of Public Works and Public Housing (Kepmen PUPR) No. 242/KPTS/M/2020 in March 2020.