Heaptalk, Jakarta – Deputy Minister of Housing and Settlements (PKP), Fahri Hamzah, has revealed that President Prabowo’s ambitious “Three Million Housing” program is set to receive substantial support from various stakeholders, including multi-development banks.
Speaking at the Technical Coordination Meeting on Rural Development in Jakarta (04/29), Fahri stated, “I am confident that more funding will come. I have been on a roadshow to several countries and met with multi-development banks. I’ve already secured some impressive figures, though disclosing them now might create too much buzz.”
He clarified that the funds from these development banks would not be used for new housing construction, but rather for the renovation of uninhabitable homes, aligning with the banks’ development-oriented roles.
Fahri also mentioned that other investors, including those focused on urban development, are showing interest in social housing projects, particularly vertical housing in urban centers.
“We are currently working on the technical details. This year, we’re submitting several proposals to the Blue Book, and in May, they will be presented to Bappenas. Hopefully, these proposals can be included in the 2026 state budget (APBN),” said the Vice Minister.
Addressing the issue of limited urban land, the Deputy Minister emphasized that the government would prioritize the use of state-owned land, as well as properties owned by SOEs (State-Owned Enterprises) and regional government companies. He highlighted the potential for building vertical housing above existing public facilities.
“In Jakarta, for instance, schools could be integrated into housing developments, with residential units stacked above the school buildings. The same can be done with traditional markets, like Pasar Jaya,” Fahri explained.
Additionally, he pointed out that land owned by the national railway company could contribute significantly to urban housing expansion. He specifically mentioned Kampung Bandan in Jakarta as a promising site, with approximately 20 hectares of land available.
“We’ve also discussed this with the railway authorities. There are around 80 train stations in the Greater Jakarta area (Jabodetabek) that could be utilized for housing. Living near train stations could solve commuting challenges—residents could travel easily from Gambir to anywhere,” Fahri concluded.
