Housing price is a function of supply and demand in Sarawak, Public Health, Housing and Local Government Minister Dato Sri Dr Sim Kui Hian told the State Legislative Assembly.
In his ministerial winding-up speech at the august House yesterday, Dr Sim said commodity prices in Sarawak are generally higher when compared with Peninsular Malaysia due to logistics and transportation.
Dr Sim added that based on national median house price which is RM326,500 versus RM295,000 according to 2020 statistics, the economies of scale and size of the housing projects housing price in Sarawak is generally and higher.
He explained that Khazanah Research Institute\u2019s median house price is based on houses developed by private developers and does not include affordable housing developed by federal or state governments.<\/p>\n\n\n\n
Sarawak Government, he added, is well aware of the market situation and as a responsible government, it has embarked vigorously on the provision of affordable housing to all spectra of income groups with various financial assistance schemes, he said.<\/p>\n\n\n\n
They include policy of subdivision of private land and Rumah Mampu Milik (Affordable Housing) with schemes like Spektra Lite, Spektra Medium, Putera, Housing Deposit Assistance Scheme (HDAS) and financing through Mutiara with very low interest rate from one to three per cent as well as a category for those who cannot get bank loan, he pointed out.<\/p>\n\n\n\n
Dr Sim accused the Pakatan Harapan (PH) government of not allocating any funding for affordable housing for Sarawak despite housing being a concurrent list; instead of inaction, Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg set a target of 2,500 units of affordable housing by Gabungan Parti Sarawak (GPS) government with the price range of RM90,000 to RM160,000 to be built, he said. So far, the state has 2,800 units at different stages of construction which are affordable to the lower income group. <\/p>\n\n\n\n
Under the 12 th Malaysia plan, the Housing Development Corporation (HDC) has planned to build 30 units of detached Rumah Spektra Permata (RSP) and HDC will collaborate with the Land and Survey Department for the provision of Rumah Spektra Permata (RSP) on any completed village extension scheme and also resettlement scheme if any, in any constituencies in Sarawak. <\/p>\n","protected":false},"excerpt":{"rendered":"
Housing price is a function of supply and demand in Sarawak, Public Health, Housing and Local Government Minister Dato Sri Dr Sim Kui Hian told the State Legislative Assembly. In his ministerial winding-up speech at the august House yesterday, Dr Sim said commodity prices in Sarawak are generally higher when compared with Peninsular Malaysia due to logistics and transportation. Dr Sim added that based on national median house price which is RM326,500 versus RM295,000 according to 2020 statistics, the economies of scale and size of the housing projects housing priceRead More<\/a><\/p>\n","protected":false},"author":1,"featured_media":29121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,1,7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/posts\/30340"}],"collection":[{"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30340"}],"version-history":[{"count":1,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/posts\/30340\/revisions"}],"predecessor-version":[{"id":30341,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/posts\/30340\/revisions\/30341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=\/wp\/v2\/media\/29121"}],"wp:attachment":[{"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.suppnewsportal.com\/main\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}