Notes: (SBI)

Notes: (SBI)

Notes: (SBI)

Notes: index=100 in 2000.

Notes: Islamic mortgage subsidy program and Government housing subsidy.

Notes: 5th to 6th decile. For subsidized mortgages 3rd to 4th decile.

Notes: 5th to 6th decile. For subsidized mortgages 3rd to 4th decile.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Some experimentation with one year FRM and Indexed afterwards.

Notes:

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: % of households

Notes: 14 to 15%.

Notes: 2005 estimate

Notes: 2010 = 100

Notes: 2010 = 100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 2010=100

Notes: 3 Multifinance

Notes: 3 Multifinance

Notes: 3 Multifinance

Notes: 49% of this is private bank lending while 48% is government bank lending.

Notes: 5 months, if no barriers. Once the debitur defaults, the property will be confiscated. While the creditor has no right to acquire a property held in long term customary/ownership, the creditor has the right to sell the property through public auction (parate eksecution). The procedure takes about 3 months, then process starts to vacate the property, which takes approximately 2 additional months.

Notes: 5 months, if no barriers. Once the debitur defaults, the property will be confiscated. While the creditor has no right to acquire a property held in long term customary/ownership, the creditor has the right to sell the property through public auction (parate eksecution). The procedure takes about 3 months, then process starts to vacate the property, which takes approximately 2 additional months.

Notes: 7 to 8%.

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: 99.99% of all housing loans are originated in local currency

Notes: All formal new construction is registered.

Notes: Appears after FLPP in 2012

Notes: Appears after FLPP in 2012

Notes: applicable to first home buyers for properties sized above 21sq.m

Notes: applies to islamic property financing with MMQ and IMBT contracts

Notes: Average Mortgage (KPR) NPL for remaining year

Notes: Average Mortgage (KPR) NPL for remaining year

Notes: Average Mortgage (KPR) NPL for remaining year

Notes: Average taken over 2005-2008.

Notes: Bank BRI

Notes: Bank BRI

Notes: Bank BTN

Notes: Bank BTN

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Bank Rakyat Indonesia

Notes: Banks and Multifinance (Non-depository) Institutions

Notes: Both buy-down and upfront subsidies are provided to 3 groups based on their monthly income. Group I income of Rp. 2.500,000 < Rp. 1,700,000, Group II income of Rp. 1,700,000 < Rp. 1,000,000, Group III income of < Rp, 1,000,000. Group I receives a subsidy of Rp. 7,500,000, with max house price of Rp. 49,000,000 (15%), Group II subsidy amount is Rp. 10,000,000, with max house price of 37,000,000 (27%), Group 3 subsidy amount is Rp.12,500,000, with max house price of 25,000,000 (50%)

Notes: Both buy-down and upfront subsidies are provided to 3 groups based on their monthly income. Group I income of Rp. 2.500,000 < Rp. 1,700,000, Group II income of Rp. 1,700,000 < Rp. 1,000,000, Group III income of < Rp, 1,000,000. Group I receives a subsidy of Rp. 7,500,000, with max house price of Rp. 49,000,000 (15%), Group II subsidy amount is Rp. 10,000,000, with max house price of 37,000,000 (27%), Group 3 subsidy amount is Rp.12,500,000, with max house price of 25,000,000 (50%)

Notes: Both buy-down and upfront subsidies are provided to 3 groups based on their monthly income. Group I income of Rp. 2.500,000 < Rp. 1,700,000, Group II income of Rp. 1,700,000 < Rp. 1,000,000, Group III income of < Rp, 1,000,000. Group I receives a subsidy of Rp. 7,500,000, with max house price of Rp. 49,000,000 (15%), Group II subsidy amount is Rp. 10,000,000, with max house price of 37,000,000 (27%), Group 3 subsidy amount is Rp.12,500,000, with max house price of 25,000,000 (50%)

Notes: Both buy-down and upfront subsidies are provided to 3 groups based on their monthly income. Group I income of Rp. 2.500,000 < Rp. 1,700,000, Group II income of Rp. 1,700,000 < Rp. 1,000,000, Group III income of < Rp, 1,000,000. Group I receives a subsidy of Rp. 7,500,000, with max house price of Rp. 49,000,000 (15%), Group II subsidy amount is Rp. 10,000,000, with max house price of 37,000,000 (27%), Group 3 subsidy amount is Rp.12,500,000, with max house price of 25,000,000 (50%)

Notes: BP Tapera established in 2016

Notes: BP Tapera established in 2016

Notes: BP Tapera established in 2016

Notes: BTN

Notes: Capital acquisitions tax rate of 5%

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Commercial banks only

Notes: Country Editor's Judgment and Historical Answer

Notes: Country Editor's Judgment and Historical Answer

Notes: Country Editor's Judgment and Historical Answer

Notes: Depending on source of funds

Notes: Depending on source of funds.

Notes: Depends on the area, but between 1.25% and 2% of loan amount. Mortgage Value + PNBP. Mortgage Value : determined by bank, based on its risk appetite. PNBP : Penerimaan Negara Bukan Pajak, refer to the Attachment of Government Regulation No. 13 year 2010. Figure calculated as 1.25% of median urban house price for new housing (USD $17940).

Notes: Depends on the area, but between 1.25% and 2% of loan amount. Mortgage Value + PNBP. Mortgage Value : determined by bank, based on its risk appetite. PNBP : Penerimaan Negara Bukan Pajak, refer to the Attachment of Government Regulation No. 13 year 2010. Figure calculated as 1.25% of median urban house price for new housing (USD $17940).

Notes: Does not exist

Notes: Does not exist

Notes: Does not exist

Notes: Does not exist

Notes: Does not exist

Notes: Each lender develops its own credit scoring system; credit bureau information is just one input.

Notes: Estimate based on new construction figures.

Notes: FLPP

Notes: FLPP

Notes: FLPP

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: Government housing subsidy allows choice between upfront and buy-down.

Notes: IHPR (Price Index Properti Residential) calculated with simple index maintained by Central Bank on new residential construction in 14 cities.

Notes: Islamic mortgage subsidy program and Government housing subsidy.

Notes: Islamic Sharia compliant banks.

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to guarantee credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to insure credit and financing

Notes: Jamkrindo and Askrindo are both state-owned enterprises that have been given special mandates by the Government to insure credit and financing

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Jamkrindo was founded in year 1970, Askrindo was founded in year 1971

Notes: Judgement and Historical Answer

Notes: Judgement and Historical Answer

Notes: Judgement and Historical Answer

Notes: Judgement and Historical Answer

Notes: Judgement and Historical Answer

Notes: Liens are only used on moveable property.

Notes: Liens are only used on moveable property.

Notes: Liquidity facility used to lower interest rates

Notes: Liquidity facility used to lower interest rates

Notes: Most common rate on 2-3 year fixed rate mortgages; term unknown

Notes: Multi-finance company

Notes: Multi-finance company

Notes: Multi-finance company

Notes: Multi-finance company

Notes: Multi-finance company

Notes: Multifinance/ non-depository.

Notes: Negligible; 0.1%.

Notes: Not for mortgages.

Notes: Not for mortgages.

Notes: Only on old portfolios.

Notes: Only on old portfolios.

Notes: Outstanding loan/GDP

Notes: Outstanding loan/GDP

Notes: PBB (land tax and building)

Notes: PBB (land tax and building)

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Public servant provident fund Jamsostek

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rental income is taxed at 10%

Notes: Rough estimate; BTN makes most subsidized mortgages.

Notes: Rp 101,000 billion estimate. IMF end of period market exchange rate for December 2008 used (Rp 11,243.80 = 1 USD).

Notes: Rp 152.33 million. IMF annual average market exchange rate for 2008 (Rp 9,756.75 = 1 USD). IHPR (Price Index Properti Residential) calculated with index simple to relate method.

Notes: Rp 4mm per household

Notes: Rp 812,141 / month. Province minimum wage. Exchange rate calculated as Federal Reserve average rates for 2005 - 2008 (Rp 8,491 = 1 USD).

Notes: Rp. 100,000

Notes: Rp. 100,000

Notes: Rp. 2.2 million/month. Figure is a rough estimate and derived from the Susenast 2004 household expenditure survey. IMF annual average market exchange rate for 2008 (Rp 9,676.60 = 1 USD).

Notes: Secondary mortgage institution SMF

Notes: Secondary mortgage institution SMF

Notes: Since the effective date of Government Regulation Number 13 year 2010 (Jan, 22nd 2010), the title related fees have increased form Rp. 25.000($3) to Rp. 50.000 ($6).

Notes: Since the effective date of Government Regulation Number 13 year 2010 (Jan, 22nd 2010), the title related fees have increased form Rp. 25.000($3) to Rp. 50.000 ($6).

Notes: Small.

Notes: SMF

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: SMF acts as a liquidity facility

Notes: Some experimentation with one year FRM and Indexed afterwards.

Notes: Some experimentation with one year FRM and Indexed afterwards.

Notes: Source BI SBDK KPR Bank Umum bank dengan sbdk dianggap sebagai originator Mortgage Interest Rate (SBDK) end of des

Notes: Source BI SBDK KPR Bank Umum bank dengan sbdk dianggap sebagai originator Mortgage Interest Rate (SBDK) end of des

Notes: Source BI SBDK KPR Bank Umum bank originator dibagi seluruh bank Mortgage Interest Rate (SBDK) end of feb

Notes: Source BI SBDK KPR Bank Umum bank originator dibagi seluruh bank Mortgage Interest Rate (SBDK) end of feb

Notes: Stamp duty ranges from IDR3,000 to 6,000 (~USD1)

Notes: Subsidized interest rate of 5% offered by FLPP

Notes: Subsidized interest rate of 5% offered by FLPP

Notes: The BPS Housing and Settlement Survey of 2004 shows 95% of the housing stock in fairly good condition according to owner's assessment. 7.4 million units are estimated to be substandard by the State Ministry of Housing.

Notes: The only FRM are the old BTN subsidized portfolio now being paid off.

Notes: The only FRM are the old BTN subsidized portfolio now being paid off.

Notes: type 46-70 sq m2, average exchange rate

Notes: type 46-70 sq m2, average exchange rate

Notes: UU Perdata, UU hak Tanggungan

Notes: UU Perdata, UU hak Tanggungan

Notes: wages statistics