Affordable Dwelling Places For Most Comfortable Living

Everyone has a dream to have a house of his own. If even not lavish the main concern is to buy a house which can support comfortable living. At the end of the day a shelter is one of the basic amenities of human life. The offer is even better when it comes in affordable price. A house which is in budget and also worth every penny is more than what you can expect. Permunas have brought this great idea to people to make living simpler.

The beginning of the program including sales

The low cost housing program was implemented by the government on 2015. The initial budget was Rp 5.1 trillion to support this cause. Within July 2015, 75000 housing units were constructed and ready for occupancy. The number significantly rose to 165,000 housing units on 2016. The government noticed the flourishing concept and invested Rp 97 trillion in 2017.

The concept is great and got a warm response. The hard work and enthusiasm of people working for it is commendable. All of this together has contributed in making the idea reach new heights.

What makes it so successful?

The cheap housing areas on perumnas are blessings for its friends. Everyone is looking for a house which is reasonably priced. The idea had to have a lot of backup to make it work. The main two conditions that controlled the success of this program are:

Affordable down payment: Fixation of down payment to something as low as 1-10 percent. Also the government will support people with upto USD Rp 4 million who truly need it.

The non incriminating installment: The government has talked to the banks and made sure that the installments are not burdensome on the parties. There are shelters priced at only Rp 800,000 per month for 15 years.

The 1million houses constructed are divided into two target markets as confirmed by Syarif Burhanuddin, Director General of Housing Provision of the Ministry of Public Works and People’s Housing (kemenpupera). Out of the total, 600000 homes are for low income communities and the other 400000 are for other residents. The homes of the former are certainly equipped with KPR subsidy system. The homes allotted to the latter are left entirely to developers and banks as mortgage providers. It is believed that public welfare shall increase every year with this approach.

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