Cheaper houses drive population growth

KOTA SAMARAHAN: The comparatively cheaper cost of residential homes has significantly contributed to the town’s fast-growing population, currently estimated at 300,000. Datuk Peter Minos, chairman of Kota Samarahan Municipal Council (MPKS), said the prices of residential homes here were cheaper by more than 10 percent compared to in Kuching city. “A standard three-bedroom house here […]

Residential properties to rally in next 12 months

KUALA LUMPUR: The Malaysian residential real estate market is expected to rally over the next 12 months with prices and rents likely to increase significantly, according to Juwai IQI Malaysia Property Survey and Index Q3 2022. In a statement, Juwai IQI co-founder and group chief executive officer Kashif Ansari said the survey among real estate […]

Poor sales for commercial, residential units

KUCHING: The property market is experiencing poor sales for both commercial and residential units due to various factors, said Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Sim Kiang Chiok. He said many businesses were affected by the Covid-19 pandemic due to social distancing and reduced dealing with customers during the movement […]

Consider govt residential homes for the intellectually disabled

KUCHING: The federal and state governments should consider providing residential homes for persons with intellectual disabilities who are orphaned and needing special attention, social activist Datuk Seri Ang Lai Soon said today. He said the provision of such residential homes was necessary following the increase in the country’s population and growing number of people with these […]