This article explores the Conditional Sale and Purchase Agreement (CSPA) for housing and condominium sales in Indonesia, highlighting must-have, important, and optional clauses under the Housing Law Indonesia.
This article explores the Conditional Sale and Purchase Agreement (CSPA) for housing and condominium sales in Indonesia, highlighting must-have, important, and optional clauses under the Housing Law Indonesia.
Indonesia’s updated Risk Based Licensing framework introduces reforms in real estate business licensing, offering clearer processes and stronger legal certainty. This Indonesian property regulation could reshape how developers obtain key permits such as KKPR, Environmental Approval, and Building Approval.
Introduction House is one of the fundamental human necessities and plays a very strategic role in the national agenda for developing the nation's character and personality. It is the state's responsibility to ensure that each Indonesian has access to proper and...
The Job Creation Law changes, sets new, removes some provisions stipulated in the housing and settlement area law, condominium law, construction services law, and water resources law. These four laws are packages that fall into the public works and public housing...
The Government has drawn up a draft of the Omnibus Law which consists of Employment Creation Law, Tax facilities Law and State Capital Law. On 12 February 2020 the chief of the House of Representatives has received an academic paper and a draft of the Employment...
Background On 29 May 2019, Government of Republic of Indonesia promulgated Ministry of Finance Regulation Number 81/PMK.010/2019 (MoFR 81/2019) which regulated the exemption of Valued Added Tax (VAT) for delivery of public house, pondok boro, student dormitory and...
Background On 15 April 2019, the Governor of DKI Jakarta enacted the Regulation of DKI Jakarta Governor Number 38 of 2019 on Second Amendment of Regulation of DKI Jakarta Governor Number 259 of 2015 on Exemption of Land and Building Tax in Village and Urban Area for...
Background On September 14, 2018, Minister of Public Work and Public Housing issued Minister of Public Work and Public Housing Regulation No. 24/prt.m/2018, concerning the Accreditation and Registration of Housing Developer Associations and Housing Developer...
Under the Government Regulation No. 64 of 2016 on Construction of Low Income Communities Housing (“GR No. 64/2016”), the housing for low income communities (“LIC Housing”) shall be constructed not more than 5 hectares, and at least 0.5 hectare, provided that the...