Helping B40, M40 groups in Sarawak buy their first home, amid rising property prices

The Sarawak government will announce several new measures to assist the state's B40 and M40 groups in purchasing a home, in the face of rising property prices.

According to Bernama, the state Deputy Minister of Public Health, Housing, and Local Government Michael Tiang said that these measures were still being evaluated before they could be listed alongside other aid programmes that had previously been announced.

Tiang said that the new measures would be announced soon.

"The Sarawak government understands what the people are facing following the rise in property prices and is taking steps to ease the burden of the needy," he said last week after launching the Health Ministry Medical Device Authority Endemic Phase Control Tour Programme.

The Sarawak government previously implemented a Housing Deposit Assistance Scheme of up to RM10,000 to assist young couples in the B40 and M10 categories in purchasing their first homes in the state.

"We have a People's Housing Programme where we will rent out houses (provided by the Sarawak government) at a low cost, with priority given to the homeless or squatters," he explained.