Property Hunter Magazine Issue 63- February 2015 | Page 23

More Land For Affordable Housing In Sarawak T Minister Datuk Amar Abang Johari Tun Openg he Housing Development Corporation (HDC) will expand its land bank throughout the state for development of future affordable housing projects under the 11th Malaysia Plan. According to Housing Minister Datuk Amar Abang Johari Tun Openg, a total of 3,508 units of affordable housing would be constructed by HDC within the next three years in five urban centres in the state. “I have discussed this with Chief Minister Datuk Patinggi Tan Sri Adenan Satem and he had agreed on this matter. With the land bank, we can have one area where the premium is not that high for low income group and this enables us to develop affordable housing,” he said at a press conference after chairing the 13th State Housing Coordination Committee Meeting. At the meeting, Abang Johari also pointed out that based on the recent amendment to the Housing Development Corporation Ordinance, HDC was now empowered to collect levy from private housing developers which could then be utilised by to develop affordable housing projects in Sarawak. “Developers who do not wish to construct low-cost houses under the current low-cost housing quota policy shall pay a certain amount of levy to HDC instead. “This is part of the key strategy by th