Indonesia Plans 40-Year Mortgage Tenor to Boost Home Ownership
Politics

Indonesia Plans 40-Year Mortgage Tenor to Boost Home Ownership

Housing and Spatial Planning Minister Maruarar Sirait announced plans to extend mortgage (KPR) tenors to 40 years. The move aims to lower monthly installments, making home ownership more accessible to the public and stimulating the property sector as the government coordinates with banks and developers.

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