Tapera: Tabungan Perumahan Rakyat – A Comprehensive Overview

Indonesia faces a significant challenge in providing affordable housing for its growing population. To address this issue, the government has introduced various initiatives, one of the most prominent being Tapera, or Tabungan Perumahan Rakyat. This housing savings scheme aims to help Indonesians save for and ultimately acquire their own homes. In this article, we will explore the Tapera program in detail, examining its objectives, structure, benefits, and potential impact on Indonesia’s housing market.

What is Tapera?

Definition and Objectives

Tapera, short for Tabungan Perumahan Rakyat, translates to “People’s Housing Savings.” It is a national savings program designed to facilitate home ownership among Indonesian citizens. The primary objectives of Tapera are:

  1. Promote Home Ownership: Encourage and enable Indonesians to save systematically for home purchases.
  2. Increase Housing Affordability: Make housing more affordable by providing long-term savings and financing solutions.
  3. Boost Housing Supply: Stimulate the construction sector by increasing demand for new homes.
  4. Enhance Economic Stability: Foster economic growth and stability through the housing market.

Historical Background

Tapera was established under Law No. 4 of 2016 concerning the Savings-Based Housing Financing System. The program was further regulated by Presidential Regulation No. 25 of 2020. It represents a continuation and expansion of previous housing initiatives, aiming to create a more structured and sustainable system for housing finance in Indonesia.

Structure and Mechanism of Tapera

How Tapera Works

Tapera functions as a mandatory savings scheme for Indonesian workers. Both employees and employers contribute to the Tapera fund, which is managed by BP Tapera (Badan Pengelola Tabungan Perumahan Rakyat). The contributions are then used to finance housing loans for eligible participants. Here is a step-by-step overview of how Tapera operates:

  1. Mandatory Contributions: Employees and employers are required to contribute to the Tapera fund. The contribution rate is typically set at 3% of the employee’s salary, with 2.5% paid by the employee and 0.5% by the employer.
  2. Fund Management: BP Tapera manages the collected funds, investing them in various financial instruments to ensure growth and sustainability.
  3. Eligibility and Benefits: After a certain period of continuous contributions, participants become eligible to apply for housing loans or withdraw their savings for home purchases or renovations.
  4. Loan Disbursement: Qualified participants can receive housing loans at favorable interest rates, making it easier to afford a home.

Eligibility Criteria

To participate in Tapera, individuals must meet specific criteria:

  • Indonesian Citizens: Only Indonesian nationals are eligible for the Tapera program.
  • Employment Status: Both formal (salaried) and informal (self-employed) workers can participate, although the mechanisms for contribution collection may differ.
  • Age Limit: Typically, participants must be within the working-age bracket, usually between 20 and 55 years old.

Contributions and Savings

The contributions to Tapera are deducted directly from the participants’ salaries, similar to other mandatory social security contributions. The savings accumulated over time can be used in several ways, including:

  • Home Purchase: The primary goal of Tapera is to help participants save for the down payment on a new home.
  • Home Renovation: Savings can also be used for significant home renovations or improvements.
  • Retirement Fund: If participants do not use their savings for housing purposes, they can withdraw the funds upon retirement.

Benefits of Tapera

For Participants

  1. Affordable Housing: Tapera makes it easier for participants to afford homes through systematic savings and access to favorable loan terms.
  2. Financial Security: The mandatory savings component ensures that participants have a dedicated fund for housing needs, providing financial security.
  3. Investment Growth: The contributions are managed and invested by BP Tapera, potentially yielding returns that can further boost participants’ savings.

For the Housing Market

  1. Increased Demand: By enabling more people to afford homes, Tapera stimulates demand for housing, encouraging developers to build more properties.
  2. Economic Boost: The increased construction activity can lead to job creation and overall economic growth.
  3. Market Stability: A structured savings and loan program can contribute to a more stable and sustainable housing market.

For the Government

  1. Social Welfare: Tapera helps fulfill the government’s mandate to provide affordable housing to its citizens, contributing to social welfare and reducing poverty.
  2. Economic Policy: The program supports broader economic policies aimed at boosting economic growth through the housing sector.
  3. Long-term Planning: Tapera allows for better long-term planning and resource allocation in the housing sector.

Challenges and Criticisms

Implementation Challenges

  1. Awareness and Understanding: One of the significant challenges is ensuring that all eligible participants understand how Tapera works and its benefits.
  2. Contribution Compliance: Ensuring that both employees and employers comply with the mandatory contribution requirements can be difficult, particularly in the informal sector.
  3. Fund Management: Effective and transparent management of the Tapera fund is crucial to maintain participants’ trust and ensure the program’s sustainability.


  1. Mandatory Nature: Some critics argue that the mandatory nature of the contributions can be burdensome, especially for low-income workers.
  2. Benefit Accessibility: There are concerns about the accessibility of the benefits, with some questioning whether the process for obtaining housing loans will be straightforward and fair.
  3. Investment Risks: The investment of participants’ contributions in financial instruments carries inherent risks, and poor management could result in losses.

Future Prospects and Enhancements

Expanding Coverage

To maximize Tapera’s impact, efforts are underway to expand its coverage to include more workers, particularly those in the informal sector. This requires innovative solutions for contribution collection and greater outreach to educate potential participants about the program.

Enhancing Fund Management

Improving the management of the Tapera fund is crucial for its long-term success. This includes adopting best practices in investment management, ensuring transparency, and regularly auditing the fund’s performance.

Improving Accessibility

Making the process of applying for and receiving housing loans more accessible and user-friendly is another key area for improvement. This could involve simplifying application procedures, providing better customer service, and leveraging technology to streamline operations.

Public Education and Outreach

Raising public awareness about Tapera and its benefits is essential. This can be achieved through targeted education campaigns, collaboration with employers, and leveraging media and technology to reach a wider audience.


Tapera, or Tabungan Perumahan Rakyat, represents a significant step forward in addressing Indonesia’s housing challenges. By providing a structured savings scheme and access to affordable housing loans, Tapera aims to make home ownership a reality for more Indonesians. While the program faces several challenges, its potential benefits for individuals, the housing market, and the broader economy are substantial.

With continued efforts to expand coverage, enhance fund management, improve accessibility, and educate the public, Tapera can play a crucial role in building a more inclusive and sustainable housing future for Indonesia. The success of this initiative will depend on the collaborative efforts of the government, employers, workers, and the financial sector, all working together to ensure that every Indonesian has the opportunity to own a home.

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