Sarawak property prices may rise by 5-10%

SIBU – Property prices in Sarawak are expected to go up by five to 10 per cent from next year. Sarawak Housing and Real Estate Development Association (SHEDA) vice-president Datuk Joseph Ting King Sung said this is due to normal factors such as property appreciation and higher construction, material, labour and land...

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Mixed outlook for Sarawak’s property market in 2014

KUCHING: Sarawak Housing and Real Estate Developers’ Association (Sheda) foresees that the state’s property market could see a mixed outlook next year due to several ongoing initiatives waiting for implementation by the government to cool down the property market amid rising property prices. These include the 30 per cent of...

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Investors Shift Focus as Malaysia Property Curbs Hurt

A raft of measures unveiled recently to cool Malaysia’s booming housing market will likely prompt investors to buy into commercial properties and other assets for better returns in the Southeast Asian country. Housing prices in Malaysia began accelerating in 2010 and rose nearly 12% in 2012, almost double the rate of increase...

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Singapore Property Boom Fuels Malaysia Spillover Bubble

Chris Metcalf commutes for 45 minutes to Singapore each day from Iskandar, a region just over the border in Malaysia, to work as a lawyer at Clyde & Co LLP. “It’s too expensive to live in Singapore,” said Metcalf, who moved across the Johor Strait in June after finding he could no longer afford the island-state on a local...

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