Jakarta, Oct. 27 -- Indonesia's Housing and Settlements Minister Maruarar Sirait plans a nationwide mass signing of subsidized mortgage agreements for 71,000 homes in December, with Malang, East Java, as the main venue.

Sirait said the event's timing would depend on President Prabowo Subianto's schedule. He visited the Presidential Palace in Jakarta on Monday, Oct. 26, to invite the president.

He said the date would be adjusted to accommodate the president's agenda.

The agreements will be signed under the Housing Financing Liquidity Facility (FLPP), a government-backed subsidized mortgage program.

The planned event would be the fourth mass FLPP mortgage-signing event, following three earlier nationwide signings.

The government held a...