Indonesia’s housing credit disbursements reach Rp29.6 trillion
Housing Minister Maruarar Sirait said lending had reached 70.98 per cent of the target by 10 November 2026.
Indonesia had disbursed Rp29.6 trillion through its housing credit programme by 10 November 2026, Housing and Settlement Areas Minister Maruarar Sirait said. The financing covers housing businesses as well as individuals renovating, buying or building homes.
Speaking in Jakarta on 11 November, Maruarar said lending to businesses included Rp5.83 trillion for housing developers, Rp3.16 trillion for building-material traders and Rp1.18 trillion for construction service providers.
Figures presented by the minister put financing for households at Rp19.43 trillion, covering about 117 thousand homes. Renovations accounted for Rp14.25 trillion, while home purchases received Rp3.15 trillion and construction received Rp2.02 trillion.
Bank Rakyat Indonesia, or BRI, provided the largest amount among participating banks, at about Rp13.5 trillion, according to the data cited by Maruarar. By region, Central Java recorded around Rp6.7 trillion in disbursements, followed by East Java with Rp4.8 trillion and West Java with Rp4.6 trillion.
Maruarar said the programme was intended to support economic activity and access to adequate housing, including through financing for small businesses in the housing supply chain. He also described a scheme allowing loans of up to Rp100 million without collateral at an interest rate of 0.5 per cent a month, saying small firms needed affordable borrowing terms.
