It would not be the first time the current government - under the leadership of Joko Widodo - undertakes efforts to support the low income families to obtain property. In April 2015 the Indonesian government launched the "One Million Houses Program", a five-year program through which the government aims to provide adequate housing facilities to low income citizens.

Within five years the government aims to see the construction of one million houses consisting of 603,516 units for low income residents and 396,484 units for non-low income residents. This program requires investments up to IDR 67.8 trillion (approx. USD $5 billion). It is financed through the state budget (IDR 8.1 trillion), the BPJS employee social security program (IDR 48.5 trillion), the Housing Savings Advisory Board for Civil Servants known in Indonesia as Bapertarum-PNS (IDR 3.1 trillion), state insurance firm Taspen (IDR 2 trillion), state house developer Perum Perumnas (IDR 1 trillion), and the housing loan liquidity facility (IDR 5.1 trillion).

There have been a number of problems related to the government's "One Million Houses Program":

  • The program has not been socialized to (potential) stakeholders outside the urban areas on Java
  • Data and statistics regarding housing in Indonesia are not accurate
  • The program is yet to receive full attention from the regional governments
  • Regional legislation does not optimally support implementation of the program
  • It requires a lot of time (and permits) before construction of houses can start
  • There is limited availability of land, while prices of land that is available are high
  • The central bank of Indonesia set high requirements to obtain a mortgage

Economic Stimulus Packages of the Indonesian Government:

Package Unveiled Main Points
1st 9 September
• Boost industrial competitiveness through deregulation
• Curtail red tape
• Enhance law enforcement & business certainty
2nd 30 September
• Interest rate tax cuts for exporters
• Speed up investment licensing for investment in industrial estates
• Relaxation import taxes on capital goods in industrial estates & aviation
3rd 7 October
• Cut energy tariffs for labor-intensive industries
4th 15 October
• Fixed formula to determine increases in labor wages
• Soft micro loans for >30 small & medium, export-oriented, labor-intensive businesses
5th 22 October
• Tax incentive for asset revaluation
• Scrap double taxation on real estate investment trusts
• Deregulation in Islamic banking
6th 5 November
• Tax incentives for investment in special economic zones
7th 4 December
• Waive income tax for workers in the nation's labor-intensive industries
• Free leasehold certificates for street vendors operating in 34 state-owned designated areas
8th 21 December
• Scrap income tax for 21 categories of airplane spare parts
• Incentives for the development of oil refineries by the private sector
• One-map policy to harmonize the utilization of land
9th 27 January
• Single billing system for port services conducted by SOEs
• Integrate National Single Window system with 'inaportnet' system
• Mandatory use of Indonesian rupiah for payments related to transportation activities
• Remove price difference between private commercial and state postal services
10th 11 February
• Removing foreign ownership cap on 35 businesses
• Protecting small & medium enterprises as well as cooperatives
11th 29 March
• Lower tax rate on property acquired by local real estate investment trusts
• Harmonization of customs checks at ports (to curtail dwell time)
• Government subsidizes loans for export-oriented small & medium enterprises
• Roadmap for the pharmaceutical industry
12th 28 April
• Enhancing the ease of doing business in Indonesia by cutting procedures, permits and costs
13th unknown Residential property for low income families (more details to follow)