housing development in sarawak sunday, 26 october 2008 by

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SARAWAK BUSINESS SUMMIT 2008 : Toward
Sustainable Development for Continued Prosperity
and Stability”
By
Affandi Bin Keli
Permanent Secretary
Ministry of Housing
Wednesday, 21st January 2009
1.a. Introduction
Housing development sector is one of sector that contributed to the state
economic growth.
National Housing Policy – “To create a peaceful life and harmony community by
providing adequate affordable housing from the aspect of the needs, quality,
environmental friendly and equip with basic amenities in line with Vision 2020 to
ensure better quality living”
2008- Shows the demand has softened at the high end market. Developers are
more focused on the high-medium ranged market (less than RM300,000.00).
Oversupply of housing properties and lagging domestic demand have contributed
to stagnant prices.
1.b. Functions of Ministry of Housing Sarawak
1.
2.
3.
To plan, monitor and evaluate public housing sector in particular on
houses for rent, low cost houses and affordable houses (Rumah Mesra
Rakyat).
To regulate and monitor private housing sector through the enforcement
of the Housing Developers (Control & Licensing) Ordinance, 1993 and
Housing Developers (Control & Licensing) Regulations, 1998.
a) Under Section 4 of the Ordinance, Permanent Secretary of Ministry
of Housing is the appointed by the Minister of Housing to be the
Controller of Housing
b) Under Section 5(1) and (3), developers intending to build approved
residential units of more than 8 numbers are required to have a
Housing Developer’s Licence issued by the Controller of Housing.
c) Under Regulation 5(1), developers intending to sell and advertise
their housing units after Building Plan Approval are required to apply
for Advertisement And Sale Permit issued by the Controller of
Housing.
To regulate and monitor sales of houses through standard Form G
(Landed Property) and Form H (Strata Title Property), Sale And
Purchase Agreement
1.b. Functions of Ministry of Housing Sarawak
4. Housing Developer Licence and Advertisement And Sale Permit
are issue based on year to year basis.
5. Payment of fees
Developers’ Licence
¾ Fees
- RM 500 – 9 to 20 units of houses
- RM 1,000 – 21 units of houses and above
¾ Plus RM100,000.00 Banker’s Guarantee in the name of
Controller of Housing.
Advertisement And Sale Permit
¾ Fees
- RM 150 – 9 to 20 units of houses
- RM 250 – 21 units of houses and above
6. Developers are required to have a licence before any work
commence on ground.
7. Developer are required to have a valid licence up to year after the
issuance of Occupational Permit
2. Basic Economic Indicators
¾
¾
¾
¾
¾
¾
¾
Sarawak Population – 2.4 million (2007e)*
No. of household – 480,000
Urbanization
- 2007 – approx. 50%
- (1970 – 20%)
New housing requirement – 15,000 units per year**
Sarawak GDP Growth Rate – 9.3% (2007a) (5.0% in 2008e)
(4.0% in 2009f)
Construction Contribution to State GDP Growth – 3% (2008)*
Percentage of employment in construction – 8.8% (114,000) of
the total 1.3 million workforce (2007)*
Note: * State Planning Unit
** Estimated by CH Williams Talhar Wong & Yeo
(a) actual (e) estimated (f) forecasted
3. a. Statistics of Housing Developer’s Licences Issued
2006-2008
Betong
Bintulu
Kapit
Kuching
Limbang
Miri
2006
2
5
3
31
1
8
2007
5
13
0
112
5
30
2008
8
11
7
95
9
35
Total
15
29
10
238
15
73
Source: Ministry of Housing, Sarawak
For housing development of more than 8 units
3.b. Statistics of Housing Developer’s Licences Issued
2006-2008
Mukah
Samarahan
Sarikei
Sibu
Sri Aman
Total
2006
1
4
10
18
2
85
2007
4
26
16
69
10
290
2008
2
13
16
65
3
264
Total
7
43
42
152
15
639
Kuching has the highest number of licences issued : 238 licences or 37.2%
Sibu second highest at 152 licences or 23.78%
Kuching, Sibu and Miri collectively have 463 licences or 72.5%
Mukah registers lowest number of licences issued at 7 licences or 1%
4.a. Statistics of Advertisement & Sale Permits Issued
2006-2008
Betong
Bintulu
Kapit
Kuching
Limbang
Miri
2006
3
7
3
43
1
7
2007
5
13
2
100
6
31
2008
5
9
5
73
7
31
Total
13
29
10
216
14
69
4.b. Statistics of Advertisement & Sale Permits Issued
2006-2008
Mukah
Samarahan
Sarikei
Sibu
Sri Aman
Total
2006
1
9
13
27
2
116
2007
5
22
14
67
8
273
2008
1
12
14
52
0
209
Total
7
43
41
146
10
598
Highest is Kuching at 216 permits or 36.1%
Second highest is Sibu at 146 permits or 24.4%
Kuching, Sibu and Miri collectively have 431 permits or 72%
Lowest is Mukah at 7 permits or 1.17%
5.a. Statistics of Houses Built Under New Licences Issued
(2006-2008)
Kuching
1 ½ Storey Terrace
17
1 ½ Storey Semi-Detached
8
Sri Aman
Sibu
Miri
Limbang
2
9
2
Sarikei
Kapit
2 Storey Shophouses
3 Storey Shophouses
44
4 Storey Apartment
110
Apartment
Detached Lot (Vacant Lot)
Double Storey Detached
Double Storey Quadrant
Double Storey Semi-Detached
382
4
244
578
36
48
Double Storey Terrace
2207
7
1179
140
39
288
26
2
Single Storey Detached
21
Single Storey Semi-Detached
188
6
6
146
40
8
Single Storey Terrace
1841
39
66
995
44
4
Condominium
688
Single Storey Terrace Low Cost
743
Single Storey Terrace Low Cost Plus
744
32
50
Total
6862
56
1607
1894
195
336
83
5.b. Statistics of Houses Built Under New Licences Issued
(2006-2008)
Samarahan
Bintulu
Mukah
Betong
Total
%
1 ½ Storey Terrace
16
33
0.25
1 ½ Storey Semi-Detached
20
28
0.21
2 Storey Shophouses
-
-
3 Storey Shophouses
44
0.34
1262
9.7
193
1.5
-
-
19
0.15
-
-
4 Storey Apartment
1152
Apartment
193
Detached Lot (Vacant Lot)
Double Storey Detached
6
Double Storey Quadrant
Double Storey Semi-Detached
18
44
8
24
1386
10.6
Double Storey Terrace
176
148
20
60
4285
32.8
28
0.21
Single Storey Detached
Single Storey Semi-Detached
40
613
46
4
12
450
3.44
38
71
2857
21.9
688
5.3
871
6.7
56
912
7
223
13056
100
Condominium
Single Storey Terrace Low Cost
128
Single Storey Terrace Low Cost Plus
Total
30
2071
559
70
5.c. Statistics of Houses by Building Type (2006-2008)
- Summary
i)
ii)
iii)
iv)
v)
vi)
vii)
viii)
ix)
x)
xi)
Total number of house built in 2006-2008 is 13056 units.
Average number of houses per year is 4352 units.
Kuching has the highest number of houses built at 6862, while Samarahan
second highest at 2071 units and Miri the third highest at 1894 and followed
by Sibu at 1607 units.
Sri Aman has the least number of houses built at 56 units.
Double and single storey terrace houses are the most built :7142 or 54.7%.
Double storey detached are the least built:19 units or 0.15%.
Apartment and condominium: at 881 or 6.8%.
Low cost houses: 871 units or 6.7%.
Low cost plus house: 912 unit or 7%.
Double storey semi-detached: 1386 units or 10.6%.
Single storey semi-detached: 450 units or 3.44%.
6.a. Categories of Type of Houses According to Price
Price Range
(RM)
Type of House
Low Cost
42,000 to 47,000
Low Cost Plus
80,000 to 100,000
Single & Double Storey Terrace
Affordable House
50,000 to 60,000
Rumah Mesra Rakyat (Detached)
Low Medium Cost
110,000 to 180,000
Single & Double Storey Terrace
181,000 to 300,000
Double Storey Terrace and Single Storey
Semi-Detached
High Medium Cost
301,000 to 400,000
Double Storey Terrace, Double Storey
Semi-Detached, Single Storey Detached
and Condominium
High Cost
More than 400,000
Double Storey Semi-Detached, Double
Storey Detached and Condominium
Medium Cost
Source: Ministry of Housing
7. Total Sales Statistics of Houses In Sarawak 2006-June
2008 (New And Renewal Licences Issued)
Year
No. of Units
to be
developed
No. of unit
sold
No. of unit
pending to be
sold
% unsold
2006
3989
2173
1816
46%
2007
8205
5908
2297
28%
2008
5975
3496
2475
41%
Total
18,169 or
6,056/year
11,577 or
3859/year
6588 or
2196/year
36.2%
Note:
Development of 8 units and below are not included
Average of the number of units to be built by private developer is 6,065
compare to 15,000 requirement per year.
Average of no. of units unsold = 36 % per year.
8.a. Unsold Houses Statistics For Kuching, Sibu & Miri For The
Year 2006-2008 (as at June)
Number of Units To Be Developed
Year
2006
Type of house
% of
Sub
Total
% of
Total
Kuching
Sibu
Miri
Sub
Total
Kuching
Sibu
Miri
Sub
Total
Semi-Detached Double Storey
745
354
286
1385
387
137
182
706
51
8.5
Semi- Detached Single Storey
340
32
324
696
144
13
52
209
30
2.5
Terrace Double Storey
1177
1539
262
2978
557
619
171
1347
45.2
16.3
Terrace Single Storey
955
861
482
2298
391
292
223
906
39.4
39.4
Detached Double Storey
26
10
15
51
18
7
1
26
51
0.3
Detached Single Storey
-
11
3
14
-
5
-
5
36
0.06
Apartment/Condominium
840
-
-
840
66
-
-
66
7.9
0.8
4083
2807
1372
8262
1563
1073
629
3265
39.5
523
922
446
1891
319
283
165
767
40.6
6.12
300
104
531
935
144
24
145
313
33.5
2.5
1324
1904
860
4088
646
546
507
1699
41.5
13.
735
2258
1034
4027
352
555
226
1133
28.1
9.04
4
21
59
84
2
12
20
34
40.5
0.3
8
11
69
78
7
6
17
30
38.4
0.24
1426
-
-
1426
138
-
-
138
9.67
1.1
4320
5220
2999
12529
1608
1426
1080
4114
32.8
Total
2007
Number of Units Unsold
Total
8.b. Unsold Houses Statistics For Kuching, Sibu & Miri For The
Year 2006-2008 (as at June)
Year
2008
Type of house
Number of Units To Be Developed
Number of Units Unsold
% of
Sub
Total
% of
Total
Kuching
Sibu
Miri
Sub
Total
Kuching
Sibu
Miri
Sub
Total
202
244
280
726
136
96
94
326
45
6.92
135
14
117
266
42
6
33
81
30.4
1.72
543
697
363
1603
241
231
134
606
37.8
12.9
486
692
208
1386
110
229
49
388
28
8.3
4
11
21
36
3
8
6
17
47.2
0.4
7
2
11
20
7
2
10
19
95
0.4
668
-
-
668
605
-
-
605
90.5
12.9
2045
1660
1000
4705
1144
572
326
2042
43.4
Total
Analysis
1.
In 2006, 39.5% units are unsold. 51% of Semi-detached Double Storey and Detached Double
Storey are unsold and only 7.9% of Apartment/Condominium are unsold.
2.
In 2007, 32.8% units are unsold. 40.6% of Semi-detached Double Storey are unsold and 9.67% of
Apartment/Condominium are unsold.
3.
In 2008, 43.4% units are unsold. 95% of Detached Single Storey are unsold and only28% of
terrace single storey unsold.
9.
i.
ii.
iii.
iv.
v.
vi.
Government Policy Towards Housing
Development In Sarawak
Density Control
z Low-cost housing – 12 units per acre
z Normal housing- 8 units per acre
z Strata-title housing – 24 units per acre
Houses built on Native Land can only be purchased by the natives of
Sarawak.
Non-native can only buy houses built on a Mixed Zone Land.
Foreigners can buy house on a Mixed Zone Land at more than RM300,000
per unit in the Malaysia My Second Home Program.
It is possible to convert Native Land to Mixed Zone upon approval of subdivision of land subject that 30% been reserved for the natives of Sarawak..
For any development of more than 10 acres of land, 30% of the
development will be allocated for low-cost houses which are to be sold at
RM40,000 to RM47,000 per unit.
Qualification To Purchase Low Cost House
No.
Item
Criteria
1
Nationality
Malaysian domiciled in Sarawak.
2
Income
Family income betweenRM650.00 to RM2,500 per month.
3
Age
16- 65 years old.
4
Marital Status
Married,
5
Economic Status
No house or landed property ownership
6
Particular of Loans
Period of loan can extend up to 30 years.
7
Other condition
Purchaser can buy once in a life time
10. Trends In Housing Industry
1.
Over Supply???
¾ Estimated yearly requirement - 15000 units
¾ Average yearly incoming stock - 7000 units
¾ Average unsold units - 35%
2.
Low-Cost Housing
¾ Change from 2 to 3 bedrooms.
¾ Change from 475sq ft to 600sq ft.
¾ Generational loan - 30 years.
¾ Non-fixed income earners – Government provide
collateral to bank.
3.
Factors influencing purchase of house
¾ House Price
¾
Affordability
¾
Credit Limit
¾
Credit accessibility
¾
Bank charges/loan interest
¾ Location
¾
Flood free area
¾
Crime free area
¾
Less traffic congestion
¾ Design
¾
Personnel preferences
¾ Lifestyle
¾
Gated community
¾
Theme Park Housing
4. Challenges to the Developers
¾ To identify diverse need of buyers.
¾ Keeping cost down
¾ Giving competitive price by not effecting the margin.
¾ Use of new technology to cut cost and wastage as well
as shorten construction price.
¾ Policy to reduce foreign workers
11. Outlook
1.
2.
3.
4.
5.
6.
7.
8.
Demand for sale of houses dropped in 2008 compared to 2007.
According to bank sources, sale will drop further in 2009.
BLR drop by 25 BP to 6.5% in the last 2 month (6.5% in
November 2008)
The rate can drop further between 25 to 50 BP soon.
Despite drop in oil prices, the price of raw material has so far
remain the same as in July 2008.
Price of houses has gone up in 2008 in view of the increase of
price of building material. So far in 2009, there has been no drop
in price yet.
For the time been, the sale and built concept still remain.
In 2008 the Government announced RM7 million stimulus
package, out of which RM1.4 million was allocated for the
housing sector. The package would contributed 1% GDP growth.
It is slightly the Government might launched 2nd phase in order
to boost the economic growth.
Thank you

housing development in sarawak sunday, 26 october 2008 by

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