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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, says Sarawak Premier Tan Sri Abang Johari Tun Openg (pic).
Instead, he said developers involved in projects that span 4.047ha or more were required to make compensation in lieu through a housing trust fund which would allow the state government to use these funds for the development of affordable homes on the specific project sites.
"We will implement this in 2024 first quarter... We are amending the housing regulations in the state so that we can build quality affordable homes," he told the media after visiting the Sungai Bedaun Housing Project site on Saturday (Jan 6).
Previously, state laws required the private sector to allocate 30% of housing schemes or mixed development projects to construct affordable homes when the developed land area was 4.047ha or more.
"We will discuss the payment quantum, that is, how much the developer needs to pay per acre to this (state) trust fund based on the value of the land and the project's location.
"For example, if 30% involves a total of 50 low-cost housing units, we will assess it based on market prices," he said.
Abang Johari said the decision to take control of affordable housing construction was made as some property developers were not serious in developing such projects.
By empowering the state government to oversee the construction of low-cost homes, he hoped to prevent issues of delay in projects such as Sentoria Borneo Samariang Garden, which was supposed to be completed in 2020.
On the Sungai Bedaun Housing Project or Package One, which was part of the Darul Hana Development Project, Abang Johari said it was expected to be fully completed by April and the houses would be available with prices starting at RM99,500 per unit for a living space of 750 square feet.
"Residents will have the flexibility to extend their homes according to the established standards without requiring approval from the North Kuching City Council. The state government will pay a deposit of RM10,000, and the remaining amount will be financed through Mutiara Mortgage and Credit,” he said.
Covering almost 19ha and comprising 209 housing units, this project involves extended families from Kampung Panglima Seman Lama, Kampung Semarang, and Kampung Pulo Ulu in Seberang Hilir, who were selected to purchase homes based on specified criteria.
Abang Johari said similar affordable housing projects would be expanded to various areas in the state, such as Gedong, Kabong, Asajaya, and Santubong and these would follow the same model and unit price. - Bernama
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