The new Sabah Housing and Real Estate Developers Association (SHAREDA) Committee have made a commitment to collaborate with the state government in providing affordable housing for the people in the future.
Minister of Local Government and Housing Datuk Hajiji Noor announced this at the launch of Lido Avenue, a mixed commercial and residential development at Jalan Lintas, earlier today.
“They (SHAREDA) have assured me that they will work hand-in-hand with the government to ensure that there will be enough affordable houses in the years to come,” he said, and pointed out that some newly-completed units have yet to be sold.
15,000 units of houses will be built over the next few years through the collaboration between SHAREDA and the Sabah Housing and Town Development Authority (LPPB) as well as Syarikat Perumahan Negara Berhad (SPNB). LPPB and SPNB are appointed by the government to build affordable houses for the people.
Besides that, Hajiji pointed out, the National Housing Department or JPN also builds flats for rent to the people. Many local squatters have taken up tenancies in these flats for which they pay nominal rents.
Hajiji also made a plea to the private sector developers to consider lowering the prices of their houses.
He said,” While I agree that we are in a free enterprise system where prices are dictated by various factors including supply and demand, there is such a thing called corporate responsibility.”
He urged players in the private sector to view such a move as a social investment and cited the initiative of a Johor based housing developer as an example.
“I recently read in the newspapers that a housing developer in Johor is offering not 5 or 10 but 15 per cent discount on houses in one of their new projects. That is on top of the 5 per cent discount for Bumiputras,” he said. “While I do not expect you to give such a big discount, how about something for a start?”