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State land in Sepanggar for Shareda to build affordable homes

KOTA KINABALU: Sabah Housing and Real Estate Developers Association (Shareda) is urged to build affordable homes for the people from the B40 and M40 household income categories.

Chief Minister Datuk Seri Hajiji Noor said the government is willing to set aside state land in Sepanggar near here for that purpose.

"This is on condition that the prices of these houses are lowered to be within reach of the intended B40 and M40 groups who will benefit most from this development.

"This is also the state government's commitment to progress the real estate industry,"he said at the Shareda Nite at a hotel here last night.

His speech was delivered by Deputy Chief Minister Datuk Seri Dr Joachim Gunsalam. Present was Shareda president Datuk Chua Soon Ping.

Hajiji added that providing houses for people in the low-income category is the priority at the moment.

On Sabah Malaysia My Second Home (SMM2H), he said the relevant enactment in the revised SMM2H will soon be tabled at the State Legislative Assembly.

"I have reiterated that when SMM2H takes off, we expect an influx of talent, expertise and investments, which will benefit Sabah.

"The SMM2H programme, with input from various stakeholders including Shareda, has been fine-tuned to make Sabah more attractive to foreigners wishing to move to and live in the state," he said.

Hajiji also agreed in principle to allow Bumiputera lot buyers to liquidate their properties without delay and enable them to benefit from the sale of properties to local and foreign buyers.

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