HOUSING POLICY IN INDONESIA, A STRUCTURED REVIEW

Authors

  • Saiful Islam Investment Management System Directorate, DG of Treasury
  • Achmad Saiful Mujab Investment Management System Directorate, DG of Treasury
  • Tito Eldhika Bayu Pradhana Investment Management System Directorate, DG of Treasury
  • Naufal Duadi Andalas Investment Management System Directorate, DG of Treasury

Keywords:

Housing, Indonesia, Tapera, Housing Provident Fund, Policy

Abstract

Indonesia's constitution mandates the Government to fulfil citizens' rights, including providing decent housing, work and living, obtaining health services, and also the right to social security, which enables their full development as human beings with dignity (UUD 1945 amendment, 1999). The presence of the government in this case is crucial to intervening in the housing market from both the supply and demand sides to provide adequate housing for all Indonesian people. This research aims to provide an overview of housing policy in Indonesia. It will synthesize several housing sector policies from global practices and their implementation in various countries. Additionally, it will draw lessons from housing policy implementation in Singapore, with the aim of identifying policy gaps in the current Indonesian Government's housing policy. In conclusion, this article aims to establish an ideal framework for developing housing sector policies in Indonesia. This framework comprises well-defined objectives, strategies, mandates, and authority and governance structures based on previous identification results.

Downloads

Published

2024-12-18