Housing expo falls short, subsidized loans slow
The Danantara Housing Expo booked Rp 2 trillion in settled transactions, below an initial target of Rp 6 trillion to Rp 10 trillion, while loan disbursement for subsidized housing fell 15 percent year-on-year amid supply constraints, pointing to ongoing challenges in the government’s 3 Million Homes program.
The Danantara Housing Expo 2026 fell short of its targets, raising concerns about the government's 3 Million Homes program. Settled transactions totaled Rp 2 trillion, significantly below the initial target range of Rp 6 trillion to Rp 10 trillion. Loan disbursements for subsidized housing also dropped 15 percent year-on-year due to supply constraints.
The expo, held from August 27 to 30 at the Nusantara International Convention Exhibition in Tangerang, Banten, featured 360,000 homes from over 130 developers with diverse financing options, including loans from state-owned banks and commercial financing. Housing and Settlement Areas Minister Maruarar Sirait attributed the shortfall to ongoing challenges in implementing the 3 Million Homes program.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
