MODUL 6 Housing Finance

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06 Affordable Housing (6/10)

6.1 Housing Finance

(6.1/6.3)

PL 2211 Housing System

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Segment

6.1 Housing Finance

6.2 Housing Development

6.3 Cash Flow and Housing Finance for the Poor

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Outline

• Previous lecture

• Housing finance

• Approach on housing finance

• Principles of bankability

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Kuliah yang lalu

• Faktor Produksi

• Tanah

• Tenaga Kerja

• Modal

• Bahan Bangunan

• Teknologi

• Institusi

• Proses produksi

• Formal

• Informal

This Photoby Unknown Author is licensed under CC BY-NC

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Housing Finance

• Who produce housing

• Owner-built housing

• Housing is a process

• Government-built housing

• Government-built social housing

• Private sector housing

• Private sector rental housing

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Reducing housing cost

• Mass producing housing units on a large scale

• High or mid – rise

• Detached houses

• Self-building by people

• Building standard

• Building component and technology

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Approach on housing finance

• Why housing finance important

• Housing is fundamental needs

• Housing is expensive

• Borrowing for buying a house is make sense

• Need a willing lender

This Photoby Unknown Author is licensed under CC BY-NC-ND

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• Formal housing system

• Principle of bankability

• The formal institutions

• The bank

• The lender

• The government

• The community

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Principles of Bankability: 5 C(s)

• Character: characteristics of debtor

• Capacity: ability to generate income/cashflow to repay obligation (inerest and principal) in duelevel of asset ownership indicating his/her wealth

• Capital: level of asset ownership indicating his/her wealth

• Collateral: the ownership of fixed asset as collateral in case of default

• Conditions: economic condition influencing capacity and capital of debtor

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• Sources of finance

• Money market

• Deposit

• Insurance

• Pension funds

• Other sources

• Bank’s guarantee funds

• Compulsory saving schemens

• Specific taxes

• Long term vs short term

Where does the money for housing loans come

from?

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https://www.kompas.id/baca/metro/2021/10/01/milenial-

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6.2 Housing Development

(6.2/6.3)

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Outline

• Housing development process ^Segment6.1 Housing Finance

6.2 Housing Development 6.3 Cash Flow and Housing

Finance for the Poor

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Proses Pembangunan Rumah Sederhana

• Perencanaan

• Perijinan

• Membeli lahan/membebaskan lahan

• Membuat rencana tapak

• Pembangunan

• Mematangkan lahan:

• uitzeting

• Cut and fill

• Menyiapkan jalan/infrastruktur

• Membangun rumah

• Memasang listrik

• Telpon

• Taman

• Penjualan

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Menjadwalkan Pekerjaan

Pekerjaan Bulan

1 2 3 4 5 6 7 8 9 10 11 12 Perencanaan

Pembangunan Penjualan

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16 CONTOH SEDERHANA TAHAPAN PEKERJAAN PEMBANGUNAN PERUMAHAN

No. Tahapan Pekerjaan Tahun ke-

1 2 3 4 5 6 7 8 9 10

1 Perijinan

2 Pembebasan lahan 3 Biaya sosial 4 Ijin Lokasi 5 Pengukuran 6 Pembayaran tanah 7 Sertifikat

8 Pembuatan master plan 9 Sertifikat kavling 10 Pematangan tanah 11 Desain final 12 IMB

13 Marketing

14 Pembangunan prasarana

& saluran

15 Pembangunan rumah 16 Pembangunan fasilitas

lingkungan

17 Sambungan listrik dan telepon

18 Pembangunan tempat sampah dan taman

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Perijinan

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Perijinan

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Site plan

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Cut and fill

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Cut and fill

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Cut and fill

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Land Clearing

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Housing Construction

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6.3 Cash Flow & Housing Finance for the Poor

(6.3/6.3)

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Outline

• Selling price

• Cash flow

• Housing finance for the poor

Segment

6.1 Housing Finance

6.2 Housing Development 6.3 Cash Flow and Housing

Finance for the Poor

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LUAS TAPAK

PROSES PENGHITUNGAN HARGA JUAL RUMAH

RENCANA TAPAK

1.Jenis, Jml & Luas Persil 2.Jenis, Jml & Luas Bgn

Standar Biaya Konstruksi

ADMINISTRASI/

LAIN-LAIN 1.Bunga Bank 2.BPP

3.PPN 4.Pajak 5.Penjualan

BIAYA PENGADAAN

LAHAN 1.Ijin Lokasi 2.Harga Lahan 3.HGB

BIAYA PERENCANAAN 1.Pengukuran 2.Perenc. Tapak 3.Ijin Rencana

Tapak

BIAYA PRAS./

PEMATANGAN 1.Prasarana

1.SERTIFIKAT 2.SARANA

BIAYA KONSTRUKSI

BIAYA POKOK LAHAN

BIAYA BANGUNAN

BIAYA PRODUKSI

BIAYA MARKETING

LABA

BIAYA PERENCANAAN

BIAYA PRODUKSI

BIAYA MARKETING

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Cash Flow

• Pencatatan uang keluar dan masuk untuk pembiayaan proyek

• Mencatat pengeluaran

• Mencatat Pemasukan

• Mencatat saldo pada tiap waktu

Dapat belajar lebih lanjut di blog ini:

https://www.jurnal.id/id/blog/contoh-cash- flow/#a_Aktivitas_Operasi_Operating_Activities

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Pekerjaan Bulan

1 2 3 4 5 6 7 8 9 10 11 12

Perencanaan ¹⁰⁰

Pembangunan ¹⁰⁰ ²⁰⁰ ¹⁰⁰ ⁵⁰ ⁵⁰ ¹⁵⁰ ¹⁰⁰ ¹⁰⁰

Penjualan ^Reklame ⁴⁰⁰ ¹⁰⁰ ⁵⁰ ⁵⁰ ⁵⁰ ⁵⁰ ⁵⁰ ⁵⁰ ⁵⁰

Sale ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰

Cash out ¹⁰⁰ ¹⁰⁰ ²⁰⁰ ⁵⁰⁰ ¹⁵⁰ ¹⁰⁰ ²⁰⁰ ¹⁵⁰ ¹⁵⁰ ⁵⁰ ⁵⁰ ⁵⁰

Cash in ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰ ⁵⁰⁰

Saldo ¹⁰⁰ ²⁰⁰ ⁴⁰⁰ ⁹⁰⁰ ¹⁰⁵⁰ ¹¹⁵⁰ ⁸⁵⁰ ⁵⁰⁰ ¹⁵⁰ ³⁰⁰ ⁷⁵⁰ ¹¹⁵⁰

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CONTOH CASHFLOW SEDERHANA

TH KE-

PENGELUARAN PENERIMAAN

SALDO KAS AKHIR INVEST

ASI

PELUNASAN BIAYA BUNGA JUMLA

H PENGE-

LUAR- AN

MODAL SENDI-

RI

PINJAM- AN

PENJU- ALAN RUMAH

JUMLA H PENE-

RIMAA N MODAL

SENDI- RI

PINJAM- AN

MODAL SENDI-

RI

PINJAM- AN

1 55,000 55,000 44,390 11,280 55,670 670

2 55,000 55,000 55,300 55,300 300

3 40,000 8,878 13,316 12,297 21,733 96,224 97,000 97,000 776

4 40,000 8,878 13,316 12,297 21,733 96,224 97,000 97,000 776

5 35,000 8,878 13,316 12,297 21,733 91,224 97,000 97,000 5,776

6 35,000 8,878 13,316 12,297 21,733 91,224 97,000 97,000 5,776

7 30,000 8,878 13,316 12,297 21,733 86,224 97,000 97,000 10,776

8 25,000 25,000 97,000 97,000 72,000

9 25,000 25,000 97,000 97,000 72,000

(Dalam jutaan rupiah)

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Housing finance to reach the poor

• Strategy 1: Community-based self –finance

• Collective finance mechanism (Arisan)

• Strategy 2: Simplifying the formal sector

• Minimal paper work

• Minimal Collateral repayment - penjaminan

• Ensuring flexibility in repayment

• Incremental housing financing - cicilan

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• Strategy 3: Channeling loans through community savings groups

• Loan to an organised community

• Collective Finance

• Collective Land

• Collective management

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• Strategy 4: Using Intermediate institutions to bridge formal and informal finance.

• Increasing the comfort factor

• Open new market

• Tailor loans

• Promote bulk lending

• Establish revolving funds

• Introduce subsidies

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• Strategy 5: Cost-reduction

• Reducing trough design

• Reducing trough internal cross-subsidies

• Reducing by building incrementally

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MODUL 6 Housing Finance

6.1 Housing Finance

Segment

Outline

Kuliah yang lalu

Housing Finance

Reducing housing cost

Approach on housing finance

Principles of Bankability: 5 C(s)

Where does the money for housing loans come

from?

6.2 Housing Development

Outline

Proses Pembangunan Rumah Sederhana

Menjadwalkan Pekerjaan

Perijinan

Perijinan

Site plan

Cut and fill

Cut and fill

Cut and fill

Land Clearing

Housing Construction

6.3 Cash Flow & Housing Finance for the Poor

Outline

Cash Flow

CONTOH CASHFLOW SEDERHANA

Housing finance to reach the poor

• Strategy 3: Channeling loans through community savings groups

• Strategy 4: Using Intermediate institutions to bridge formal and informal finance.

• Strategy 5: Cost-reduction

Thank You