Executive Summary

Key insights and market outlook

President Prabowo Subianto officially launched a massive subsidized housing program, signing 50,030 housing loan agreements on December 20, 2025. The program involves 11 banks directly at the event and 39 additional banks across 33 provinces. Prabowo emphasized continuity with previous administrations' housing initiatives while highlighting the need to address 29 million Indonesians still lacking proper housing ¹

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Full Analysis

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Deep Dive Analysis

Prabowo Launches Historic Subsidized Housing Initiative

Addressing Indonesia's Housing Crisis

President Prabowo Subianto marked a significant milestone in Indonesia's housing sector by officially launching a massive subsidized housing program through the signing of 50,030 housing loan agreements on December 20, 2025, in Serang ²

. The event was part of a broader national initiative that involved not only the 300 on-site agreements but also 49,730 additional agreements processed digitally across 33 provinces through 39 participating banks ².

Program Scope and Implementation

The subsidized housing program represents a comprehensive effort to address Indonesia's pressing housing needs. Of the total 50,030 households benefiting from the program, the agreements were processed through multiple channels: 300 on-site at the Serang event and 49,730 through digital platforms across various regions ²

. The program involves 11 primary banks that participated directly at the event while an additional 39 banks operated across 110 locations in 33 provinces, demonstrating broad financial sector participation ².

Continuity and Expansion of Housing Policy

Prabowo emphasized that this initiative builds upon the foundation laid by previous administrations, specifically mentioning the programs initiated during the tenure of former Presidents Susilo Bambang Yudhoyono and Joko Widodo ³

. The President highlighted the government's commitment to addressing the significant challenge of 29 million Indonesians still lacking proper housing, framing it as a critical development priority ¹.

Financial and Social Impact

The successful implementation of this program is expected to have significant positive impacts on both the housing market and broader economy. By providing affordable housing through subsidized mortgages, the government aims to stimulate economic activity while improving living conditions for low-income households. The digital component of the agreement process also highlights the integration of technology in expanding financial inclusion across the country.

References