Land Bank Already in Home Eye


Housing-Estate.com, Jakarta – The concept of the land bank that discourse has long seemed to be a reality. The Government through the Ministry of Agricultural and Spatial Planning / National Land Agency (ATR / BPN) will soon issue regulations regarding the formation of land bank (land bank). Regulation it will form the government regulation (PP) targeted keluas early 2017.

“We want to build a massive but the government has no land, so land bank will begin to be formed and hopefully early next year has begun to be issued rules. With the government land bank can control the price so that small communities can have access to purchase a home at an affordable price, “said Minister ATR / Head of BPN Sofyan Djalil in Jakarta quoted publication on Friday (18/11).

Expert Minister ATR / BPN, Hima Arief Sugoto, states, land bank is required to ensure the national program, to control price fluctuations, and control of the control by a few people. During this time many controlled private land that they controlled prices.

“Land prices could rise up to 200 per cent a year (therefore) the government gave low-interest mortgages have not been able to encourage the people’s purchasing power. On the other hand the government can not control the price of construction, so required landbank to control, “he added.

For the preparation of the establishment of land banks will do an inventory of the lands owned by the government and identify the land has changed designation, eg plantation land into settlement. Hima explained, acceleration 5 million land certification in 2017 one of its objectives to support the establishment of land banks. Local government was instructed to make a breakthrough by conducting systematic land registration so that it can be faster.

According to the Inspector General of the Ministry of ATR / BPN Yuswanda A. Tomonggong, potential procurement of a huge land bank. Currently there are 400 thousand hectares of abandoned land and land concession which has expired and was not renewed. In addition there are 4.1 million ha of forest area release that still require further investigation by the Ministry of Forestry.

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