Sheda collaborates with media professionals to enhance property industry reporting

KUCHING: The Sarawak Housing and Real Estate Developers Association (Sheda) has responded to the challenge set by Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg to strengthen the expertise of media professionals, particularly in reporting on the property industry. During a meeting between Sheda and the Kuching Division Journalists Association (KDJA) on Friday (June […]

Property prices continue to climb despite declining demand

KUCHING: PropertyGuru Malaysia’s Property Market Report (MPMR) Q1 2023 highlighted that property prices grew despite declining buyer demand, expanding the buyer-seller gap. PropertyGuru reported asking prices up 1.5 per cent QoQ in its news release on Thursday (Feb 16). Last year, the overnight policy rate climbed to 2.7 per cent, potentially boosting house ownership costs. […]

Right time to buy home now

KUCHING: Now is the time to purchase properties, said Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Datuk Sim Kiang Chiok. “Interest rates are now at a historic low and buying a house will save the purchasers much interest cost. This may be a once-in-a-lifetime opportunity that will not repeat itself again. […]

Developers to pay over RM200k for late delivery

KUCHING: Three developers were ordered by the Sarawak Housing Purchasers Claims Tribunal to pay a total of RM228,455.11 to six house buyers for late delivery of their property. Tribunal panel president Robert Elone Sireng said the developers were instructed to pay the claimants within 45 days of receiving the letter of judgement from the tribunal. […]

Property business picking up

MIRI: The property business in this oil town is slowly picking up, assured Miri Division Chinese Associations Sarawak president Datuk David Goh Kien Ping. “Miri’s economy (currently) is generally not bad,” he said when contacted by the New Sarawak Tribune on Thursday. Goh was responding to a message that has been circulating on social media […]