/// Hot Topic
SHAREDA to Launch Another 5000 Units
to Support MyHOME Scheme
/// HOT TOPIC
From Left; John Tan, Chew Sang Hai, Francis Goh and Dato’ Ir John Chee
T
he Sabah Housing & Real
Estate Developers Association
(SHAREDA) recently held a
meeting with members from over
40 developers regarding the new
MyHome Scheme which was launched
in April 2014. The scheme provides
a subsidy of up to RM30,000 for the
purchase of a low-cost house for firsttime buyers.
SHAREDA members previously took
a pledge to build 10,000 units of
affordable homes and to date have
collectively built more than 11,000
units across 30 locations in Sabah. In
2014, SHAREDA members will launch
another 5,000 units.
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www.PropertyHunter.com.my
These affordable homes consist of
850 square feet high-rise apartments
which cost no more RM250,000 or
single or double storey terrace homes
priced at RM295 per square foot
multiply by the built up area.
During the briefing, SHAREDA
President Francis Goh said that
SHAREDA and its Sarawak counterpart
SHEDA attended the National Council
in Kuala Lumpur for the first time in
history. And this is partly the reason
that this new scheme is now extended
to East Malaysia.
Goh, commented that the new
scheme is an improvement from the
From a survey by SHAREDA, the main reasons
why people are not able to buy or own a
house are because of the inability to provide
a 10% deposit and inability to secure a home
loan from the bank.