New scheme waives housing down payments for BPJS Ketenagakerjaan members until end-2025
The Indonesian government, together with major property developers, has rolled out a zero-down payment (DP) program to help BPJS Ketenagakerjaan (BPJS TK) members own affordable housing. The initiative, called Berbaginomic, is part of a broader effort to reduce the housing backlog while promoting shared economic growth.
Developers Embrace ‘Berbaginomic’
Senior Minister of Housing and Settlements Maruarar Sirait confirmed that the program was finalized after discussions with Real Estat Indonesia (REI) and other developers. Under the scheme, property associations will absorb the DP cost for eligible BPJS TK participants. This approach, he said, reflects an economic model where businesses share profits to benefit workers.
Five major developer associations—REI, Apersi, Himperra, Appernas Jaya, and Asprumnas—representing 93% of Indonesia’s developers, have pledged their support. According to Appernas Jaya chairman Andriliwan Muhamad, this collaborative effort was sparked by President Prabowo Subianto’s call to reject “serakahnomic,” or greed-driven business practices.
Affordable Access to Home Ownership
Typically, buyers of subsidized homes must pay at least 1% of the selling price upfront. With the new program, BPJS TK members can secure a property without this initial cost, paying only monthly installments after contract signing. The offer is valid until December 2025 and may be extended into next year.
To qualify, participants must be registered with BPJS TK, not own any home, and demonstrate repayment ability. Housing prices remain dependent on location, but the program significantly lowers barriers to entry.
Massive Subsidized Housing Launch
As part of this initiative, the Housing Ministry plans to launch 25,000 subsidized housing units in September 2025, with President Prabowo expected to attend the ceremony. Additionally, the government raised the annual quota for FLPP (liquidity facility for housing finance) homes from 220,000 to 350,000 units.
Special allocations will also be made for farmers, fishermen, drivers, teachers, journalists, and other professions. These homes feature low interest rates of 5% and minimal DP requirements, making them highly attractive.
CSR Contributions and Support
Beyond DP waivers, major corporations—including Astra, Harum Energi, and Agung Sedayu—are contributing housing units through corporate social responsibility (CSR) initiatives. This public-private synergy is expected to strengthen efforts to address Indonesia’s housing deficit.
Industry Commitment and Future Outlook
A memorandum of understanding (MoU) between the Housing Ministry and BPJS TK will be signed to facilitate data sharing, particularly for companies with over 1,000 employees. Developers hope this cooperation will ensure smooth program execution and encourage further participation.
Despite current challenges in Indonesia’s housing sector, the Berbaginomic model signals a shift toward inclusive growth where businesses actively support government policies to enhance social welfare.
The zero-DP housing initiative for BPJS TK members reflects Indonesia’s commitment to reducing the housing backlog through collaborative efforts. For Singaporean observers, it showcases how public-private partnerships can tackle complex social issues, offering lessons on inclusive economic policies in the region.
Sources: Tirto ID (2025) , Detik (2025)
Keywords: BPJS TK Housing, Zero Down Payment, Berbaginomic Program, Indonesian Housing Subsidy, Real Estate Developers
