Jakarta, May 25, 2026 – PT Bank Tabungan Negara (Persero) Tbk (BTN) is set to inject 10,000 secondary homes into the national property market through the BTN Grand Auction 2026 program. BTN is offering tens of thousands of properties at competitive prices of up to 40% below market value. The Bank is also providing financing options for secondary homes with mortgage rates starting from 5%, aimed at expanding public access to homeownership and property investment while supporting the Government’s 3 Million Homes Program.
BTN SEVP Assets Management Benjamen Sihombing said that secondary homes and auctioned assets are becoming increasingly attractive to the public as they offer more affordable prices and are generally located in established areas with complete facilities.
“Through BTN Grand Auction 2026, we aim to provide broader access for the public to own homes at competitive prices while strengthening a healthier, more transparent, and more accessible secondary property transaction ecosystem in Indonesia,” Benjamen said during the BTN Grand Auction 2026 event in Jakarta on Monday (May 25).
The tens of thousands of secondary homes can be accessed through the Bale Lelang BTN platform via Balelelang.btn.co.id or the Bale by BTN mobile application. The platform is BTN’s innovation that offers a comprehensive ecosystem for secondary homes and auction assets, ranging from asset catalogs and transaction processes to mortgage financing support.
According to Benjamen, the assets offered include landed houses, apartments, shop houses, and other commercial properties. The properties are located across various regions, including Greater Jakarta, Java, and areas outside Java.
Benjamen added that most of the assets are situated in areas with established infrastructure, public facilities, and residential environments.
“BTN is targeting a 35% auction success rate throughout 2026 after recording the highest auction sales performance among Himbara banks in 2025, with a realization rate of 34.4%,” Benjamen explained.
To support homebuyers, BTN is also offering BTN Maju Mortgage with fixed interest rates starting from 5% for the first five years, down payments starting from 1%, and tenors of up to 30 years.
“We see that secondary homes are no longer merely an investment alternative but also a homeownership solution amid rising new home prices. Strengthening the secondary housing ecosystem is expected to expand access to homeownership, support the 3 Million Homes Program, and create a healthier property market with more competitive pricing options,” Benjamen added.
At the same event, Property Expert Panangian Simanungkalit stated that the entry of auctioned homes into the market through BTN Grand Auction 2026 has the potential to become one of the key drivers of a property boom in the coming years.
“Do not miss this opportunity, especially now that the auction process has become much easier. The secondary housing market has tremendous growth potential due to the limited supply of new homes compared to the increasing housing demand each year,” Panangian said.
Panangian believes that the secondary market can serve as a solution to expand homeownership access amid Indonesia’s significant housing backlog. According to him, with competitive prices, strategic locations, established infrastructure, and single-digit mortgage rates, secondary homes offer an attractive option for both homeownership and property investment.
Meanwhile, Director of Auctions at the Directorate General of State Assets (DJKN) of the Ministry of Finance, Syukriah HG, said that the implementation of BTN Grand Auction 2026 aligns with the commemoration of the 118th Anniversary of Indonesian Auctions. The occasion serves as a reminder that auctions remain an adaptive, transparent, and relevant economic instrument in supporting the national economy.
According to her, the theme is highly relevant to current economic dynamics, particularly in expanding economic access for the public.
Syukriah added that DJKN continues to enhance auction services through the digitalization of applications and service systems to make the auction process faster, more transparent, and more accessible to the public.
“We believe that strong synergy among stakeholders will be a crucial foundation for the success of BTN Grand Auction 2026 while also expanding public participation in the national auction ecosystem,” Syukriah concluded.
