BI Sees Growth In Balikpapan Property Market Driven By IKN

Ria Sartika    Sunday, April 05, 2026    Comment   

BI Sees Growth In Balikpapan Property Market Driven By IKN

Bank Indonesia predicts housing demand in Balikpapan will rise in 2026 as IKN development continues and mortgage financing remains dominant.

Balikpapan, East Kalimantan — Bank Indonesia (BI) projects that housing demand in Balikpapan will increase in 2026, driven by the continued development of Ibu Kota Nusantara (IKN) and the gradual recovery of industrial activity in the region.

Head of BI’s Balikpapan Representative Office, Robi Ariadi, said the second phase of IKN construction is expected to boost worker mobility, which in turn will create additional demand for housing.

“The continuation of IKN development and the increasing industrial activity are expected to drive higher worker mobility, providing additional momentum for the housing market,” he said on Saturday.

Mortgage Financing Remains Key Driver

BI noted that mortgage loans (KPR) continue to play a dominant role in supporting Balikpapan’s property sector. By the end of 2025, total mortgage disbursement reached approximately Rp4.97 trillion, accounting for 78 percent of all housing transactions.

According to Robi, mortgages remain the preferred option for most homebuyers as they allow long-term installment payments, especially given that property prices in Balikpapan are generally beyond the reach of cash buyers.

Mortgage lending grew by 4.16 percent year-on-year. Although this growth is slower compared to previous periods, it indicates that housing financing remains relatively stable.

Larger Homes Gain Traction

Despite a slower pace in the residential market overall, demand for landed houses remains steady. Notably, larger house types recorded stronger sales toward the end of 2025.

This trend reflects continued activity among certain buyer segments, particularly those seeking more spacious homes or possessing stronger financial capacity.

Credit Risk Remains Manageable

From a risk perspective, BI reported that non-performing loans (NPL) in the housing sector remain below 5 percent. This suggests that borrowers’ repayment capacity remains stable despite ongoing economic adjustments.

The relatively low NPL level is seen as a positive signal for both the banking sector and the overall resilience of Balikpapan’s property market.

IKN’s Spillover Effect On Balikpapan

As one of the main supporting cities for IKN, Balikpapan is expected to see sustained growth in housing demand in the coming years. Increased worker mobility, industrial expansion, and the need for residential space are key contributing factors.

With these developments, the property sector is projected to remain one of the key pillars supporting regional economic growth.

FAQ

1. Why is housing demand in Balikpapan expected to rise?
Due to ongoing IKN development and increased industrial activity that drives worker mobility.

2. How much mortgage financing has been disbursed?
Approximately Rp4.97 trillion as of the end of 2025.

3. Is the property market in Balikpapan growing?
Yes, it remains stable with growth in certain segments like larger homes.

4. Are mortgages still the main financing option?
Yes, accounting for 78 percent of total housing transactions.

5. What is the current level of credit risk?
Non-performing loans remain below 5 percent, indicating stable repayment capacity.

Balikpapan Urges Residents To Self-Isolate As Measles Cases Reach 200

Ria Sartika    Friday, March 27, 2026    Comment   

Balikpapan Urges Residents To Self-Isolate As Measles Cases Reach 200

Measles cases in Balikpapan reach 200. Authorities urge residents to self-isolate for two weeks to prevent further spread after Eid. (Illustration image)

Balikpapan — The Balikpapan City Government in East Kalimantan is urging residents to remain vigilant following a spike in suspected measles cases, which have now reached around 200.

Head of the Balikpapan Health Office, Alwiati, emphasized that self-isolation for approximately two weeks is a key step to curb the spread of the disease.

“Self-isolation is crucial to break the chain of measles transmission, especially amid high community mobility after Eid,” she said on Friday.

According to her, self-isolation is one of the most effective measures to prevent transmission, particularly within households and surrounding communities. Patients will still receive treatment based on their individual conditions.

Measles Spreads Easily Through The Air

Measles is a highly contagious viral infection that spreads through the air when an infected person coughs or sneezes. It most commonly affects children who have not received complete immunization.

However, adults with weakened immune systems are also at risk.

Alwiati warned the public not to underestimate measles. While some cases may appear mild, the disease can spread rapidly, especially among those without immunity.

Not Yet Classified As Endemic

Most suspected cases have been identified through monitoring at healthcare facilities. Despite the increase, Balikpapan has not been classified as a measles-endemic area.

This means Outbreak Response Immunization (ORI) from the central government has not yet been deemed necessary.

Catch-Up Immunization Program Intensified

To prevent further spread, the Health Office is intensifying its catch-up immunization program for children who have not completed their measles vaccination.

The program targets vulnerable groups at higher risk of severe symptoms if infected.

Public education on clean and healthy living habits is also being strengthened.

Post-Eid Habits Under Scrutiny

One key concern is community behavior during Eid gatherings, such as touching or kissing babies without washing hands.

These habits can increase the risk of transmission, as individuals may carry the virus unknowingly.

Official Circular Issued

The Health Office has issued an official circular urging healthcare facilities and the public to enhance early detection and accelerate case handling.

Healthcare workers are instructed to actively monitor and trace potential transmission in affected areas.

Free Treatment And Public Advisory

The government has ensured that measles treatment is available free of charge at healthcare facilities.

Patients are advised to get adequate rest and avoid contact with others during recovery.

While the situation requires caution, residents are urged to stay calm. Simple preventive steps such as handwashing, maintaining cleanliness, and completing children’s immunization remain key.

With a combination of self-isolation, catch-up immunization, and increased public awareness, authorities hope to control the spread of measles without entering an emergency phase.

FAQ

Q: What is measles?
A: Measles is a highly contagious viral infection that spreads through the air via coughing or sneezing.

Q: How long should measles patients self-isolate?
A: Around 14 days or until fully recovered.

Q: Who is most at risk?
A: Unvaccinated children and individuals with weak immune systems.

Q: Is measles dangerous?
A: Yes, especially for vulnerable groups if not properly treated.

Q: How can measles be prevented?
A: Through vaccination, proper hygiene, handwashing, and avoiding close contact with infected individuals.