Subsidized Rusun to Become 45 Meters, Developers: Need Stimulus

Lately, there has been talk about expanding the size of subsidized flats (rusun) to 45 square meters. This idea was put forward by the Minister of Public Housing and Settlement Areas (PKP), Maruarar Sirait (Ara), and the Minister of Finance, Purbaya Yudhi Sadewa. With an increase in the size of rusun, it is likely that the prices will also rise accordingly. The rising prices may lead to concerns that the subsidized 45 m2 rusun may not be popular. Chairman of DPP Real Estate Indonesia (REI), Joko Suranto, mentioned that the expansion of subsidized rusun is not a problem and can be done. If following international standards, the minimum size of rusun should be 42 square meters.