Thursday 13 November 2014

Sarawak govt controlling prices of low and low-medium cost houses



KUCHING: The Sarawak government has implemented a policy of controlling the prices of low-cost and low-medium cost houses built by private developers.

State Assistant Housing Minister, Datuk Abdul Karim Rahman Hamzah said the measure was one of five concerted efforts in tackling the issue of rising price of houses so as to enable the low-income and middle-income groups to own a house.

He said the ceiling price of a low-cost house had been fixed at RM50,400 for an intermediate unit and RM59,220 for a corner unit.

“For low-medium cost houses, the price is set at RM80,000 for an intermediate unit and RM100,000 for a corner lot,” he added in reply to a question from Ripin Lamat (BN-Lambir) at the state assembly sitting, here,
today.

Abdul Karim said the second measure taken was increasing the supply of houses through various public housing projects with the private sector also participating, through such schemes as the People-Friendly Housing Scheme, Public Housing Programme, Affordable Housing Scheme, My First House Scheme and MyHome Scheme.

“The government will also implement the Youth Housing Scheme next year to enable young people to own a house. This measure will also help to stabilise the price of houses and eventually bringing down the price to below the market price through a housing subsidy.

“The third measure is that the Sarawak Housing Development Corporation (HDC) with the cooperation of the Land and Survey Department will increase its land bank by identifying suitable land for housing in the state’s major towns.

“Besides that, the ministry with the cooperation of the HDC and Syarikat Perumahan Negara Berhad (SPNB) will build houses using the Industrialised Building System to reduce the costs of building affordable houses for the people.”

Abdul Karim said the fifth effort to tackle the issue of rising price of houses was the implementation of fiscal measures at the federal level. -Bernama
  

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