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Ministry of Local Government & Housing Sarawak

RM90 million set aside for HDC to provide quality, affordable housing
Posted on : 05 Nov 2019  Source of News: The Borneo Post
 

KUCHING: Sarawak government will allocate RM90 million to Housing Development Corporation (HDC) next year for it to provide quality and affordable housing for the people, particularly those in the low-income group.

Chief Minister Datuk Patinggi Abang Johari Tun Openg, who announced this in the 2020 State Budget yesterday, said the prices of houses would be set at below RM300,000 per unit.

“To address the end-financing problem faced by the house-buyers, we have set up Mutiara Mortgage & Credit Sdn Bhd to provide loans to the low-income group (B40) to purchase houses developed by HDC.

“To date, RM37 million has been disbursed to 879 applicants. An additional sum of RM100 million is proposed to be set aside for Mutiara Mortgage & Credit Sdn Bhd for this purpose,” he said.

Abang Johari said the government would also provide RM90 million for the minor house repairs scheme known as ‘Program Pembaikan Rumah Rakyat Miskin Sarawak’ (MRP-PPRMS), meant for the B40 group.

He also announced RM78 million to be allocated for Kampung Resettlement Scheme and Kampung Extension Scheme in Kuching, Sri Aman, Sibu, Sarikei, Samarahan, Serian, Mukah and Betong.

On urban development, he said RM467 million would be provided for various urban redevelopment and renewal projects.

“These projects aim to provide the urban dwellers with better facilities, greater job opportunities and affordable housing that will mitigate urban-related issues and address overcrowded settlements.”

The projects would include Darul Hana Redevelopment, Sungai Bedaun Project, Kampung Tabuan Melayu Redevelopment, Kampung Sejingkat Redevelopment, Kampung Datu Sibu Redevelopment, Kampung Baru Kapit Redevelopment, Kampung Datu Redeveloment Kuala Lawas and Kampung Kemuyang Infrastructure Works Sibu.