Building low cost houses should be a shared effort
BINTULU: Low-cost housing can be sensitive and controversial at times, but it should be a collective effort by the developers and government, said Sarawak Housing and Real Estate Developers’ Association (Sheda) vice-president Troy Yaw Chee Weng.
He said the government had imposed regulations that if developers wanted to build and develop an area, they must build low cost houses as well.
To ease the burden on developers, he said Sheda had held discussions with Bintulu Development Authority (BDA) the past three years on the possibility of having a piece of land specifically for low cost housing.
All developers, he said, could then build low cost houses there, which meant a village could be developed, including commercial properties to enhance the value for the area.
Yaw hoped the government could grant this request and make this proposed piece of land available.
“We are hoping that this can be done before the election,” he said at Sheda Home and Property Roadshow here on Saturday.
Bintulu is presently experiencing unprecedented growth with RM22 billion worth of foreign investments clinched thus far, thanks mostly to the Sarawak Corridor of Renewable Energy (SCORE).
“As you can see, Bintulu is undergoing transformations, maybe for the third or fourth time. We are actually very blessed. For once, I believe Bintulu is at the forefront of a very exciting period in Sarawak.”
He believed the government was trying to turn Bintulu into a friendly industrial town, and also a powerhouse in Malaysia with the construction of dams for electricity generation.
“Bintulu will be able to supply cheap energy, and that’s why response from foreign investors is overwhelming.” said Yaw during the opening of Home and Property Roadshow 2012 at ParkCity Everly Hotel last Saturday.