5000 MyHome Scheme’s Housing
Project to Be Launched
Haven for Property Hunters Naim’s
Roadshow Offers Viable Units at Flagship
Projects Across State
buyers throughout the
three days.
“The buyers need only
to settle 2% deposit to
confirm their purchase.
In addition, they would
also enjoy cash rebates
for the property.”
Sabah State Local Government and Housing Minister Datuk Seri Hajiji
Noor
The first housing project
under the MyHome scheme
will be launched in Tuaran
district this month. State Local
Government and Housing
Minister Datuk Seri Hajiji Noor
is expected to launch the
Timbok Jaya project consisting
of 1,200 units of affordable
apartments.
The scheme, aimed at
encouraging housing
developers to build more
affordable houses and
encourage home-ownership
by the lower and mediumincome groups, was
announced by the Prime
Minister Datuk Seri Najib
Razak when tabling the 2014
Budget on Oct 25 last year.
Under the scheme, the
government will give an
incentive of RM30,000 for
each affordable house to
encourage developers to
participate in the scheme.
“Another project in Kota
Marudu district consisting
of 400 units will also be
launched around the same
time.
“Apart from that, 86 units of
single-storey terrace houses
(Taman Luagan Jaya) will be
launched in Beaufort in June,
while Taman Sinar Indah,
also in Beaufort, will have
589 units of double-storey
terrace houses,” Hajiji said in a
statement here.
Hajiji urged housing
developers and first-time
house buyers aged 18 years
and above in Sabah to make
full use of the opportunities
provided under the scheme.
Application for the houses
starts today.
The scheme will also be
extended to Tawau district
where Taman Sri Indah will
see 1,072 units of affordable
apartments being built later
this year, while over 1,600
units of landed properties and
apartments will be built under
Ria Heights also in the district.
“All the above mentioned
projects of about 5,000 units
will be launched this year
by Sabah Housing and Real
Estate Developers Association
(SHAREDA) members which
fall under the qualification of
MyHome scheme.
“I also commended the
Sabah developers’ efforts in
building affordable houses. I
understand they are applying
for 30 more projects to be
included under the scheme in
the near future,” he added.
Chris Tan, managing partner of Chur Associates
The three-day property
roadshow staged
by Naim Land Sdn )