Sarawak restructures its housing development
KUCHING: Private housing developers planning on developing large-scale projects in Sarawak are no longer required to build affordable homes starting from the first quarter of this year. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said instead, developers involved in projects that span 10 acres or more are required to make compensation in lieu […]
Trust fund to transform affordable housing development
KUCHING: The Sarawak Government will establish a trust fund to revamp the existing mandate for the private sector to allocate 30 percent of their housing projects to low-cost housing. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said under the forthcoming arrangement, housing developers will be required to contribute 30 percent of the value […]
2,478 affordable housing units under 12MP
THE Sarawak government plans to deliver 2,478 units of affordable housing throughout the state under the 12th Malaysian Plan (12MP). Deputy Minister for Public Health, Housing and Local Government Datuk Michael Tiang Ming Tee said his ministry adopts the National Affordable Housing Policy for the implementation of low-cost housing development which capped the pricing of […]
7,000 affordable houses for B40, M40
BINTULU: The Sarawak government is strategically developing Bintulu town with a well-structured plan that aims to benefit the local population and those employed in Bintulu. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said Jepak Jaya would be transformed into a new commercial centre, equipped with various facilities including housing and commercial buildings with […]
Expansion of affordable homes encourages home ownership
KUALA LUMPUR: The government’s move to expand the affordable housing programme in the federal capital is seen as providing more opportunities for home ownership, especially among the young generation. A senior lecturer in Real Estate, Faculty of Built Environment and Surveying, Universiti Teknologi Malaysia, Dr Shazmin Shareena Ab Azis said home ownership is important in […]
Sheda calls for expansion of Affordable Housing Developments initiative
KUCHING: The Sarawak Housing and Real Estate Developers Association (Sheda) is urging the Sarawak government to consider expanding the Affordable Housing Developments initiative to include all housing development projects in Sarawak. Sheda president Augustine Wong Chung Ho said that expanding the initiative would allow eligible Sarawakians to purchase other types of housing closer to economic […]
Review requirements to ensure developers provide affordable housing
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim wants the Local Government Development Ministry to review conditions set for housing developers to ensure that they provide affordable housing for all mega projects developed. Anwar, who is also Finance Minister, said this was necessary as the requirement for these projects to include at least 30 per cent […]
A place for low income families to call home
KUCHING: Everyone needs a place to call home; however, many, especially the urban squatters and low income households are finding it hard to make ends meet – not to mention buying or renting a decent place. Sarawak United Peoples’ Party (SUPP) Kuching youth chief Eric Tay Tze Kok said affordable housing was one of the […]
