Jakarta, Jan. 15 -- The Indonesian government has set a target of constructing hundreds of subsidized vertical housing units this year, according to Minister of Housing and Settlement Areas (PKP) Maruarar "Ara" Sirait.

"We can assure the public of our determination to develop hundreds of subsidized flats this year, in 2026," he remarked at an event titled "Strengthening Synergy and Coordination on the Implementation of 2026 Strategic Housing Programs" in Jakarta on Thursday.

He highlighted that the government is currently devising a regulation on subsidized vertical housing alongside relevant stakeholders to ensure that the target can be achieved in an effective and fair manner this year.

"We are formulating a regulation on (subsidized...