During the Covid-19 Pandemic, Millennials Are Encouraged to Own Occupancy

Tribunnews.com Reporter, Seno Tri Sulistiyono

TRIBUNNEWS.COM, JAKARTA – PT State Savings Bank (BTN) cooperates with property developer Greenwoods Group to market credit with Promo Program KPR Milenial (PPKM).

Executive Vice President Nonsubsidized Mortgage & Personal Lending Division (NSLD) BTN Suryanti Agustinar said the company made various innovations in boosting mortgage distribution in the midst of the Covid-19 pandemic.

Also read: President Director of BTN Says Housing Sector Can Still Grow in 2021

“If you are complacent by the pandemic and do nothing, of course, it can have a bad impact on the property sector. We at BTN who focus on the property sector, during this pandemic we continue to carry out activities and innovations such as the Millenial PPKM program, so that millennials can make choices to can start owning their own house,” said Suryanti, Wednesday (21/7/2021).

Also read: Supporting Housing Provision, BTN Is Considered Needing to Get PMN Injection PM

Through PPKM, Suryanti said, BTN encourages millennials to own property during the pandemic, where the interest offered is 0.75 percent and applies to six housing and apartment projects being worked on by the Greenwoods Group.

The six projects are Damara Village Bogor, Damara Village Jimbaran Hijau, Citaville Parung Panjang, Citaville Cikarang, Sawangan Hills 3 Depok and JP Apartment Bogor.

Greenwoods Group CEO Okie Imanto said, along with the high enthusiasm of the community, it was decided to extend the program’s validity period until August 2021.

The transaction target is expected from the program, which is to penetrate the Rp50 billion figure.

“Initially we agreed that the PPKM would only last until this July with a sales target of IDR 20 billion,” he explained.

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