KUCHING, Nov 25: Three Civil Servants Housing Programme (PPAM) projects in Sarawak involving 844 units have been completed, said Federal Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican.
According to Reezal, a total of six PPAM projects were being implemented involving a total of 1,595 units affordable housing units, and three out of six projects have been completed benefiting about 6,000 families.
“The three completed projects are PPAM Kota Samarahan (300 units), PPAM Muara Tuang (340 units), PPAM Melia Residence @ ParkCity Eastwood in Miri (204 units). Two projects still under construction, namely PPAM Tabuan Jaya, PPAM Sibu, while one PPAM project in Miri is still in the planning stage,” said Reezal during a press conference after a working visit to PPAM Kota Samarahan today.
Reezal noted, for PPAM Kota Samarahan, 60 per cent of the buyers comprised individuals aged between 25 to 35-years-old.
He also said that the Sarawak government’s deposit assistance scheme up to a maximum of RM10,000 for first-time home buyers, has enabled young Sarawakian to secure a loan to own a house.
“Even though the banks provide the 90 per cent margin of financing, but sometimes, the it is difficult to come up with the 10 per cent (deposit).
“With the help of the Sarawak government’s housing deposit assistance, this initiative enables Sarawakians to own a house, especially for the M40 and B40 group,” he added.
Reezal also gave assurance that first-time home buyers will be given ownership priority for PPAM.
“For those who have owned a house before, they will not be eligible to get PPAM, including for PR1MA (PR1MA Corporation Malaysia) and SPNB (Syarikat Perumahan Negara Berhad) homes,” he said.
During his work visit, Reezal also presented mock keys to three PPAM Kota Samarahan homeowners.
Also present were Minister for Local Government and Housing Dato Sri Dr Sim Kui Hian. – DayakDaily.