Bank Indonesia (BI) will extend the incentives of 0% down payment for house (KPR) and automotive loans (KKB) until 31st December 2025. The incentive extension is completed by continuing the policy of Loan to Value/Financing to Value (LTV/FTV) for property loan at the maximum of 100% and the lowest d... [read more]

PT Waskita Karya (Persero) Tbk aims to complete the construction of Phase 1B Velodrome-Manggarai of LRT Jakarta project which spans the total length of 6.4 km to be completed in 2026 and to start its operational in 2027. Currently the construction progress of Phase 1B has reached the concrete castin... [read more]

PT Hutama Karya Infrastruktur (HKI) continues the construction of Trans Sumatra Toll Road (JTTS), including the Rengat-Pekanbaru Lane section Pekanbaru Ring Road which spans a total length of 3057 km. The project was started in June 2023 with the target to be completed in 2026. As of September 2024,... [read more]

Data from the Bank of Indonesia shows that the property loan only grew by 7.6% annually (yoy) to Rp 1,403.6 trillion, slowing from the previous month when the growth was recorded at 8% yoy. In September 2024, the highest growing property loan was recorded by house and apartment loan which reached 10... [read more]

The Bank Survey of the Bank Indonesia Banking reported that the new loan distribution in the third quarter of 2024 was indicating positive growth, as reflected by the new loan distribution Net Weighted Balance (SBT) at 80.6%. Furthermore, the fourth quarter of 2024 new loan distribution is estimated... [read more]