1 / 21

HOUSING FINANCE IN INDONESIA ASIA PA CIFIC UNION OF HOUSING FINANCE INTERNATIONAL CONFERENCE

HOUSING FINANCE IN INDONESIA ASIA PA CIFIC UNION OF HOUSING FINANCE INTERNATIONAL CONFERENCE New d EL hi , JAN 30 t h – 31 st , 2012 Prepared By: PT. SARANA MULTIGRIYA FINANSIAL (P ersero ) INDONESIA. AGENDA. COUNTRY HIGHLIGHTS OF INDONESIA HOUSING FINANCE MARKET ABOUT SMF

muriel
Télécharger la présentation

HOUSING FINANCE IN INDONESIA ASIA PA CIFIC UNION OF HOUSING FINANCE INTERNATIONAL CONFERENCE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HOUSING FINANCEIN INDONESIA ASIA PACIFICUNION OF HOUSING FINANCE INTERNATIONAL CONFERENCE New dELhi, JAN 30th– 31st, 2012 Prepared By: PT. SARANA MULTIGRIYA FINANSIAL (Persero) INDONESIA

  2. AGENDA • COUNTRY HIGHLIGHTS OF INDONESIA • HOUSING FINANCE MARKET • ABOUT SMF • CONCLUSION

  3. COUNTRY HIGHLIGHTS OF INDONESIA

  4. COUNTRY HIGHLIGHTS OF INDONESIA A GLANCE OF INDONESIA • Indonesia is the biggest archipelago country in South East Asia comprising of 17.504 islands. • Total population in 2010 showed 237.641.326 people • Jakarta is the capital city of Indonesia.

  5. COUNTRY HIGHLIGHTS OF INDONESIA GDP GROWTH & POPULATION Even though growth showed relative decline during the global crisis, bottoming in 2009 at 4.6%, the economy rebounded in 2010 at 6.1% and 2011 at 6.5% which reflects a solid fundamental economics. • Source : BPS (Biro Pusat Statistik) 2011 (www.bps.go.id) • *Estimation

  6. COUNTRY HIGHLIGHTS OF INDONESIA Inflation continues to decrease followed by a decrease on BI Rate. Lending rate which uses BI rate as its benchmark decrease at a slower rate. * Central Bank of Indonesia • Source : Bank Indonesia 2011 (www.bi.go.id)

  7. HOUSING FINANCE MARKET

  8. HOUSING FINANCE MARKET MORTGAGE MARKET More than 90% of mortgages are originated by 10 banks as major players until 2011 Source: The Indonesian Banking Statistics (SPI), 2011

  9. HOUSING FINANCE MARKET MORTGAGE TO GDP The ratio of mortgage portfolio to GDP in Indonesia still very low. Compare with total GDP, the proportion of housing loan portfolio figures around 2% where country like China and Malaysia have higher percentage 20% and 29% • Source : HDFC, 2009

  10. HOUSING FINANCE MARKET HOUSING SALES Sales of housing experience healthy growth since significant drop in 2009. Total sales at the end of 2011 peek around 242,000 houses. This sales potrays the growth in new constructed houses. • Source PSPI, BI, Ministry of Housing, REI, APERSI, Spire estimation & Analysis(*)

  11. HOUSING FINANCE MARKET HOUSING DEMAND Total housing demand: 1,230,000 units per year • Source : Apersi, Kemenpera, PSPI, Deputy Ministrer of Infrastructure

  12. HOUSING FINANCE MARKET SUPPLY AND DEMAND DEMAND • The big gap between supply and demand of houses remains. • The total demand of 1.23million units from: • Current Indonesia’s Housing backlog over 8.6 million units, requiring approx. 430,000 units per year to be built in 20 year, • Housing needs from population growth is recorded at 800,000 units per year • Supply of New Housing Construction of approx. 240,000units in 2011 but still almost always below housing demand.

  13. ABOUT SMF

  14. ABOUT SMF • SMF PROFILE • PT. Sarana Multigriya Finansial (Persero) (“SMF”), established on July 22, 2005, as a Secondary Mortgage Corporation– wholly owned by the government. • SMF’s mission is to create the affordability for Indonesian Families to own a decent homes. • Initial Paid Up Capital of IDR 2 trillion • Total assets of IDR 4,8 trillion as of 31 December 2011

  15. ABOUT SMF SMF ROADMAP 2005 Catalysator 2018 Facilitator To Develop secondary mortgage market To Build secondary mortgage market. • Liquidity Facility • Securitization • Securitization • Guarantor (Mortgage & Financial) • Provide Housing Finance Information System (HFIS)

  16. ABOUT SMF THE COMPANY’S PROGRAMS • Liquidity Facility Program • provide medium to long term loans for mortgage lenders. • Securitization Program • provide a mechanism of sales of mortgage loans and issue of mortgage backed securities. • Guarantee Program • provide guarantee for obligation / mortgage backed securities issued by mortgage lenders. • Support Programs • - Provide a guidence and mortgage document standard • - Education and training programs • - Socialization (workshop, seminar, product introductions)

  17. ABOUT SMF SIX-YEARS HIGHLIGHTS

  18. ABOUT SMF REALIZATION FUND FLOW BY YEAR The first mortgage securitization in Indonesia was succesfully concluded in 2009 and followed by other transaction every year

  19. ABOUT SMF ACCUMULATIVE FUND FLOW TO THE PRIMARY MARKET The used of capital market fund continues to increase housing sector with accumulated volume in 2011 of 5,26 trililion IDR

  20. CLOSING REMARKS • As the population continue to grow, the needs for housing continue to rise. To build a robust systems of housing finance is critical for Indonesia. • Through strengthening the primary mortgage market and developing secondary mortgage market, availability of sustainable medium to long term fund will eventually increase affordability • The first mortgage securitization in Indonesia was concluded in 2009 and followed with other transactions. • To develop a strong housing finance in Indonesia, it still required government and stake holders supports. i.e: government regulations.

  21. HOUSING FINANCE IN INDONESIA • THANK YOU • PT SARANA MULTIGRIYA FINANSIAL (PERSERO) • Grha SMF • Jl. PanglimaPolim I No. 1, • Jakarta 12160, Indonesia • www.smf-indonesia.co.id

More Related