JAKARTADAILY.ID – PT Bank Tabungan Negara Tbk (BBTN) targets the value of mortgage distribution transactions of Rp 1.5 trillion at the 2022 Indonesia Properti Expo (IPEX).
The event is currently being held for 8 days which started from May 15 to May 22, 2022, at the Jakarta Convention Center or JCC, in Senayan, Jakarta.
"The potential target for the principle license for mortgages is Rp 1.5 trillion, consisting of non-subsidized mortgages of Rp 900 billion, subsidized mortgages of Rp 300 billion, and Sharia mortgages of Rp 300 billion," said Bank BTN President Director Haru Koesmahargyo, from the Indonesia Properti website, Sunday, May 15, 2022.
Heru said, BTN is also targeting booking mortgages with a total nominal value of Rp 200 billion, with details of Rp 120 billion non-subsidized, Rp 40 billion subsidized, and Rp 40 billion distribution under the Sharia scheme.
IPEX 2022 was attended by 41 developers consisting of 11 subsidized developers and 30 non-subsidized developers and six participants from housing support providers and non-associated developers.
A total of 225 housing projects are marketed through this exhibition. The locations of the project spread throughout Greater Jakarta and several other big cities such as Bandung, Surabaya, and other strategic locations.
Haru added that BTN offers a number of conveniences at this exhibition including promo interest rates starting at 2.22 percent, free provision fees, free administration fees, and free appraisal fees.
The selling price of the properties that will be marketed during this exhibition starts from Rp. 168 million to Rp. 3.5 billion.