KOTA KINABALU: Sabah wants more low-cost housing development through easy payment schemes to make it easier for the poor to buy houses, state Local Government and Housing Minister Datuk Salleh Tun Said said.
He said such schemes allowed people to buy homes through low deposits and affordable monthly instalments.
This scheme will help the lower-income group pay for their homes, he said yesterday when handing over keys to owners of units in the Seri Maju Apartments, jointly developed by the Sabah Housing Development Board and developer Wah Mei Group.
Salleh said the Seri Maju Apartments with 720 units, were sold through an easy payment scheme and a similar project was underway in Telipok, involving some 1,000 units.
Our target is to assist the poor, especially squatters, to have a chance to own a home, he said, adding that similar schemes were being planned for low-cost units in other districts.
The minister said in view of scarcity of land around the city, the authorities were looking at developing low-cost and other housing schemes in areas outside the city but would ensure that proper facilities were available.
Another programme, being implemented by the National Housing Department in Sabah, involved some 8,000 units and eligible low-income earners could rent the units for RM110 a month for a maximum of five years.
On the 30,000 low-cost units to be built in Sabah by the federal government, he said the sites had been identified and developers needed to present the development plans to the respective local councils.