“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, May 05, 2008

Developers eye low-cost apartments, houses

The Jakarta Post, Jakarta | Mon, 05/05/2008 11:25 AM

The Indonesian real estate association (REI) is to construct 86 subsidized low-cost apartment towers, with 600 units per tower, and 120,000 low-cost houses this year for low-income households.

"We have already built around 40,000 apartments in 61 apartment towers throughout Jakarta. State-owned Bank Tabungan Negara (BTN) has financed 3,000 units," said Alwi Bagir Mulachela, REI general secretary, Saturday.

David Lelij, sales manager of PT Tiara Metropolitan Jaya, subsidiary of major property developer Agung Podomoro Group, said members of the association were committed to providing such facilities at fairly affordable rates.

"We want to provide low-income earners an affordable place to live in the heart of the city," he said at the Real Estate Indonesia Expo 2008 opening.

David said Agung Podomoro were constructing 6,000 units of subsidized low-cost apartments in Kalibata, South Jakarta.

"Demand for low-cost houses is increasing," he said. 

David welcomed high-income earners to invest in the low-cost apartments. 

"But buyers who earn more than Rp 4.5 million (US$488) per month will not be eligible for the government subsidy and they will have to pay the tax as well." 

Under the scheme, the government will subsidize buyers earning less than Rp 4.5 million per month by paying 3 to 9 percent of their interest during a period of up to eight years. The 10 percent tax on units worth a maximum of Rp 144 million ($15,616) will be lifted. 

For houses, the government will provide a subsidy of Rp 7.5 million, Rp 10 million and Rp 12.5 million, depending on buyers' income levels. 

The government is aiming to have 1,000 low-cost apartments built by 2011 throughout the country and at least 1.35 million low-cost houses during the 2004-2009 period to accommodate the needs of low-income earners. 

The government supports developers by simplifying permit requirements to develop low-cost houses and apartments. 

Besides Agung Podomoro Group, Gapura Prima Group, Artha Graha Group and Bakrieland Development are also taking part in the program. (rff)

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