16 May 2014

Sabah devs to build 10,000 affordable homes by 2019

  16 May 2014

The state government welcomes the efforts by the Sabah Housing and Real Estate Developers Association (SHAREDA) in building 10,000 units of affordable homes in the state for the next five years beginning this year.

Sabah Youth and Sports Minister Tawfiq Abu Bakar Titingan said the effort was seen as an initiative to achieve the state government’s aspiration for the private developers to build 30 per cent of affordable homes.

“I understand there are 28 affordable home projcts listed by SHAREDA members currently with several of these projects already receiving plan approvals but still waiting for other approvals,” he said.

He said this in his speech at the launching of SHAREDA Property Hunter Expo which will run for three days beginning today at the Dewan Lau Gek Poh, here.

He said that the government spent RM5.46 billion to build affordable homes for the low and middle income groups since the 8th Malaysia Plan through various schemes that were introduced including the latest MyHome scheme.

Meanwhile in Kota Kinabalu State Assistant Minister of Resource Development and Information Technology Hamisah Samat said building contractors must be committed in ensuring that the buildings constructed could give positive impact to the people.

She said the construction sector contributed significantly to the nation’s economic growth and the endeavour to achieve the national agenda of attaining a developed nation status by the year 2020.

“Therefore, the building contractor should play their roles and continue to contribute positively to the development of the construction sector,” she said.

Credit: Kinibiz


Thanks for reading Sabah devs to build 10,000 affordable homes by 2019

« Prev Post

No comments:

Post a Comment