Risk Identification for Subsidized Housing Developers in Bali

Résumé

One of the government's efforts to overcome the housing backlog for low-income people (MBR) is by launching housing financing subsidies, namely the Housing Financing Liquidity Facility, Interest Difference Subsidy, and Down Payment Assistance Subsidy. In Bali, subsidized housing is limited to 6 (six) districts: Tabanan, Jembrana, Singaraja, Karangsem, Bangli, and Klungkung. In procuring subsidized housing, housing developers will face risks at the pre-, construction, and post-construction stages. The housing industry is widely considered to have more risks than other industries. This research aims to identify risks to subsidized housing developers in Bali. The method used in this research is a literature study and interviews with subsidized housing developers who are members of the DPD REI Bali. The results of this research show that the risk for housing developers in Bali is most significant during the construction stage, namely 49,45%, with details of 8,9% from a social perspective, 44,4% from a technical risk, 24,4% from economic risk, 4,4% from political risk, 6,67% from environmental risk and 11,11% from legal risk. The risk in the pre-construction stage is 41,76%, and post-construction is 8,79%. The findings of this study may be used for the risk analysis to find the significant risk for the subsidized housing developers in Bali.