City to build 14,500 low-cost apartment units in five years

City to build 14,500 low-cost apartment units in five years

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Jakarta — The Jakarta administration has planned to build 14,564 low-cost apartment units in the next five years. Jakarta Public Housing and Public Buildings Agency head Agustino Darmawan said that half of the target was expected to be completed this year. “The construction of some projects started two years ago. At least 7,000 units will be ready in 2018,” Agustino said on Wednesday (12/04). “The apartments are in Nagrak, Rorotan, KS Tubun, Semper, Rawa Buaya, Pengadegan, BLK (Pasar Rebo), Rawa Bebek dan Penjaringan,” he added. According to its 2017-2022 mid-term regional development plan, the city aims to to build around 250,000 homes for Jakarta residents .The 14,564 low-cost apartment units will be specifically offered to residents with monthly earnings under Rp 4 million (US$290).

Source: thejakartapost.com/kompas.com

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