Housing Ministry Absorbs Rp2.33 Trillion, With 629 Flats Completed and 97,409 Self-Help Homes Disbursed
Budget absorption stood at 80.05% as of 10 November, with IKN rental towers at 99.09% physical progress and 13,176 self-help housing units 100% complete — against only 7.38% occupancy reporting.
The Ministry of Housing and Settlement Areas has absorbed Rp2.33 trillion of its Rp2.91 trillion budget, or 80.05 percent, as of 10 November, according to IDXChannel reporting on the ministry's latest realization figures.
Within the rental flat (rusun) subsector, 629 units across 13 towers are in progress with financial realization at 82.93 percent, while IKN rental towers from the 2024-2026 allocation stand at 99.09 percent physical progress. The self-help housing stimulus program (BSPS) targets 113,632 uninhabitable homes across 38 provinces; disbursement has reached 80.80 percent or 97,409 units, with 13,176 units physically 100 percent complete.
The figures expose a notable reporting gap: physical completion vastly outpaces post-occupancy utilization reporting, which stands at just 7.38 percent — a verification workload spread across 38 provinces that currently relies on field reporting rather than independent physical evidence.