Property Hunter Magazine August Issue 2014 | Page 16

/// East Malaysia Property News

SHAREDA Shares Top Concerning Issues With Sabah Chief Minister
2. To review the potential on
the removal of 5 years subsale restriction imposed on
Bumiputera lots.
3. To review the high capital
contribution charged by
SESB resulted to high
development cost.

Sabah Housing and
Real Estate Developers
Association (SHAREDA) led
by its President, Mr Francis
Goh Fah Shun made a
courtesy call to the Sabah’s
Chief Minister and Minister
of Finance Sabah, YAB Datuk
Seri Panglima Musa Haji
Aman at the latter’s office
recently on 26 June 2014.
Mr Goh said that, it is
an honour to brief YAB
Datuk Seri Panglima
Musa on his visions to
re-image the profile of
SHAREDA and Members
in-line to complement the
Government’s initiatives and
Halatuju.
In the pipe-line, SHAREDA will
heighten up to perform more
CSR programmes through its
Youth committee to build 10

units for the hardcore poor
and its commitment to build
10,000 units of affordable
housing for the citizens.
Mr Goh presented the
SHAREDA Property
Development Annual Report
highlighting its contributions
in 2013 with a total gross
development value (GDV)
of approximately RM7.56
Billion supporting not less
than 165 related businesses
contributing to the State’s
economy.
He also shared the industry’s
predicaments over several
issues such as:1. The strict lending policies
resulted in high loan
rejection especially to mid to
low income group.

4. To review the process for
submission of Development
Plans to the Central Board
for better efficiency hence
cutting down cost and
developer’s risk.
YAB Datuk Seri Panglima
Musa in return welcomed
SHAREDA’s good relations
and rendering co-operation
to the Government in a winwin situation. He remarked
that SHAREDA plays an
important role in the growth
of the property development
in Sabah and he is happy to
note that in the last couple
of years the properties were
booming.
Nevertheless, the
government hopes that
SHAREDA members could
strike a balance to continue
to keep the housing prices
reasonable and affordable.

He lauded SHAREDA
members for the
commitment of providing
10,000 units or more
affordable homes in the
State and urged developers
to be committed to CSR
programmes to give back to
the community.
Moving forward he wished
and urged the call to
SHAREDA and developers
in Sabah to improve on
delivering well planned
developments, emphasising
on providing quality
environment with functional
spaces, well designed
buildings and public facilities
such as open spaces,
drainage, etc.
SHAREDA President
immediately responded by
thanking YAB Datuk Seri
Panglima Musa Haji Aman
and agreed to hold talks for
SHAREDA and developers
to inculcate the ethics and
values of being a responsible
developer and building
towards a better tomorrow
for the State.
Subsequently at the courtesy
visit, SHAREDA President, Mr
Francis Goh also presented
an official invitation to YAB

Datuk Seri Panglima Musa
Haji Aman to be the Guest
of Honour for the Opening
Ceremony of SHAREDA
PropEX 2014 themed
“MyHome” to be held on 29
August 2014 at 2:30 p.m. at
the Sabah Trade Centre.
The expo is in its 15th
edition and will feature 128
booths with a very special
corner to showcase the
affordable home projects
listed with SHAREDA and
the registration of First Time
Homebuyers for MyHome
Scheme Incentive amounting
to RM30,000.
The exhibition will run for
4 days from 29 August to 1
September 2014 at Sabah
Trade Centre, Kota Kinabalu
from 10:00 a.m. to 8:00 p.m.
This year the Organising
Chairman is Sr. Chua Soon
Ping, a Council Member of
SHAREDA.
Everyone is welcome to
visit the expo. For more
information, please call
SHAREDA Secretariat at
088-720848.

Sarawak Keen on Affordable Housing Joint Venture With China
“Taking into consideration the long
term development, I would like
to suggest that MCC Tianggong
Factory collaborate with the Sarawak
Government to have a joint venture
through private sector initiative to set
up a factory and production line in
Sarawak.

Sarawak is keen to collaborate with
players of the modular housing
system of China by setting up a jointventure project in Sarawak to reduce
the cost of affordable housing in the
state.
Housing Minister Datuk Amar
Abang Johari Tun Openg said
representatives from both Sarawak
and China were keen to move
forward in discussing the details of
the collaboration.

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“This, in the long term, can benefit
Sarawakians through technology
transfer to boost other local
production business and to create
jobs for locals,” said Abang Johari in a
press statement.
He made the comments after he and
his delegation visited MCC Tianggong
Factory at Tianjin, China.
He is leading a 43-member
delegation to China on a six-day
working visit which started on Sunday
(June 8) to study the housing industry
and look into new and cost-effective

construction methods and materials
in the state governm [