Developers Push for Local Tax Waivers for Prabowo’s Housing Initiative

Developers Push for Local Tax Waivers for Prabowo’s Housing Initiative

Developers push for broader BPHTB and PBG tax waivers to reduce housing costs and accelerate Prabowo’s affordable housing target.

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Fatkhul Maskur - Bisnis.com

Selasa, 1 Juli 2025 | 18:26

Bisnis.com, JAKARTA — Real estate developers are urging for local administrations to waive taxes for land and building acquisition (BPHTB) and building development approval (PBG).

The waiver was outlined in a joint decree between the housing, public works, and home ministers on November 25, 2024, with the aim of supporting President Prabowo Subianto’s three million homes program.

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