Danantara Housing Expo Offers 1 Percent Down Payment

5 hours ago 4

August 21, 2026 | 06:34 pm

A view of the Monaco cluster in the Mutiara Gading City housing complex, Bekasi, West Java, March 1, 2026. State lender Bank Tabungan Negara (BTN) plans to support financing for 150,000 low-emission housing units by 2029 through partnerships with developers and green building material startups. TEMPO/Ilham Balindra

TEMPO.CO, Jakarta - State investment agency Danantara will market 130,000 ready-to-occupy homes at the Danantara Housing Expo, scheduled for August 27–30, 2026. Set to take place at the Nusantara International Convention Exhibition (NICE) in Pantai Indah Kapuk, North Jakarta, the event will offer properties ranging from landed houses to apartments for low-income and non-low-income buyers.

Dian Takdir Badrsyah, Senior Director Sector Specialist for Property & Real Estate at Danantara Asset Management, said the expo will feature several promotional deals, including a 1 percent down payment, tiered mortgage (KPR) interest rates starting at 2.75 percent, and repayment tenures of up to 30 years.

“We also provide free administration and provision fees,” Dian said during a press conference at Wisma Danantara in Jakarta on Friday, August 21, 2026. Dian noted that these financing incentives will apply across all state-owned banks.

Since launching the promotion early this month, Danantara has recorded transactions for 880 housing units valued at Rp500 billion as of Friday, August 21, 2026.

Dian explained that 130 property developers are participating in the exhibition, including 12 state-owned enterprises. Among the participants, 10 developers cater to the high-end market, while the rest focus on middle-class and low-income buyers.

He assured that all the homes being marketed have undergone thorough legal and quality checks. “Buyers can move into these homes immediately without waiting,” Dian added.

Dian also highlighted several housing developments located near transit hubs, such as commuter rail stations. These include projects near Pondok Cina and Tanjung Barat stations developed by state construction firm PT PP Tbk. Other featured properties include Grand Kamala Lagoon and Amethyst built by PT Hutama Karya, alongside Patra Land Urbano in Bekasi.

For low-income buyers, Dian noted that developers are presenting 49,000 housing units at the expo. Most of these units are situated across Java, with additional sites in Kalimantan and North Sumatra.

Aris Hartanto, Director of Consumer Banking at state lender BRI, speaking from Sorong, noted that a 30-year loan tenure helps lower monthly payments by extending the repayment timeline. In addition, this extended term enables Generation Z to pay off their mortgages well before retirement. “That makes monthly installments very affordable, at around one million rupiah,” he said.

He added that the tiered interest rate scheme allows borrowers to better align installment costs with their income. Aris also mentioned that four state-owned insurers, namely IFG, IFG Life, Jasindo, and Jasindo Syariah, are taking part in the event. He assured that mortgage rates offered across state bank association (Himbara) members will be uniform.

Well ahead of the event, Aris noted that BRI had already secured Rp180 billion in home purchase commitments during its presale phase as of Friday, August 21, 2026. He estimated that state banks are targeting Rp200 billion in total mortgage applications generated throughout the exhibition.

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