Housing Deposit Assistance Scheme open for B40, M40 applicants now

File photo of a housing project for illustration purposes.

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KUCHING, Dec 1: Applications for the Housing Deposit Assistance Scheme (HDAS) catering for B40 and M40 groups in Sarawak are now open.

The Chief Minister Office (CMO) said applications can be made through developers that are on the list of approved projects or schemes by Mutiara Mortgage & Credit Sdn Bhd (Mutiara).

As for owners of land allotted by Land & Survey Department under the Village Expansion Scheme (SPK) and Resettlement Scheme (SPS), applications are to be made through Mutiara.


The applicants should only be from Sarawakians with permanent resident status from the B40 and M40 groups with monthly household income range of RM3,729 and below, and from RM3,730 to RM8,649, respectively.

The residential schemes or projects that are covered under HDAS include low cost units (RM50,400 – RM59,220), low cost plus or medium cost units (RM80,000 – RM100,000), Spektra Lite (RM100,000 – RM120,000), Spektra Medium (RM135,000 – RM168,000), Spektra Plus or Putera (RM150,000 – RM198,000), Spektra Permata (RM90,000 – RM160,000), Sri Pertiwi (RM270,000 – RM295,000), and any below RM300,000 affordable housing developed by State government agencies and its subsidiaries including joint-development with private developer.

For those participating in the Spektra Mutiara Housing Program, HDAS only covers Spektra Mutiara houses with construction costs ranging from RM90,000 to RM160,000.

Eligibility criteria for HDAS applications.

The necessary documents to be submitted to Mutiara included the application form for allotment of HDAS complete with statutory personal documents, approval letter from Ministry of Local Government and Housing (MLGH) or Housing Development Corporation (HDC) or Land and Survey Department, and copy of Sales and Purchase Agreement or Sales Confirmation Slip issued by developer dated not earlier than Oct 12.

Spektra Mutiara Housing Program participants need to attach confirmation copy of Spektra Mutiara House design and price by contractor instead.

CMO also noted that the allotment or deposit shall be released to the developer through its Housing Developer Account (HDA) or contractor upon compliance to all terms and conditions set forthwith.

Procedures for HDAS applications.

“The objective of HDAS is to provide assistance of up to RM10,000 to first-time homeowners under category B40 and M40 for payment of housing deposits. This scheme applies to owning affordable housing projects sanctioned by the Sarawak State government.

“The implementation of this scheme would enable more low and middle-income group to purchase and own houses as it would help to mitigate mortgage cost upfront.

“This is a clear testimony of the continuous effort by the State government to ensure that a significant segment of Sarawakians would be able to purchase and own their houses,” said CMO in a statement today.

Chief Minister Datuk Patinggi Tan Sri Abang Johari Tun Openg had on Oct 12 introduced the implementation of HDAS, which is to be managed by Mutiara, under the 2022 State Budget with an allocation of RM10 million and is expected to benefit some 1,200 homeowners. — DayakDaily