AI Summary
The Sabah State Government is committed to supporting the property industry and ensuring affordable housing for all Sabahans. Deputy Chief Minister II Datuk Seri Dr Joachim Gunsalam acknowledged challenges like rising construction costs and limited financing options, particularly affecting the B40 and M40 groups. The government is implementing short-term and long-term strategies, including the People's Residency Programme (PRR) with public-private partnerships, offering affordable housing with amenities and modern infrastructure. One example cited was a RM300,000 unit offered for RM60,000. The government is also collaborating with financial institutions to explore innovative financing schemes.
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