Transaction news in Imperial Hotel Kuching Sarawak
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Kuching property buyers prioritise price, loan eligibility over location
At the SHEDA Property Expo 2026 in Kuching, property agents say younger buyers are interested in homes priced between RM300,000 and RM500,000 but are constrained by loan eligibility. Existing debts and irregular income often reduce the amount they can borrow, making early financial screening important. Buyers are now more price-sensitive and value-conscious than in 2025.
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Shin Yang buys Pending Industrial Estate land for RM34 million
Shin Yang Group Bhd is acquiring a leasehold industrial property in Pending Industrial Estate, Kuching, for RM34 million from related party Forescom Plywood Sdn Bhd. The company plans to build a warehouse and container depot on the 8.316-hectare site to expand its logistics services.
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Shin Yang buys RM34m industrial site in Kuching for logistics expansion
Shin Yang Group Bhd has agreed to acquire an 8.316-hectare industrial property at Pending Industrial Estate in Kuching, Sarawak, for RM34 million. The company plans to develop a warehouse and container depot on the site to expand its logistics operations and reduce its reliance on rented premises. The sale and purchase agreement with Forescom Plywood Sdn Bhd was signed on Sept 4, 2026.
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Shin Yang buys Kuching industrial site for RM34m from related firm
Shin Yang Group Bhd has agreed to acquire a 20.55-acre leasehold industrial property in Kuching, Sarawak, for RM34 million from Forescom Plywood Sdn Bhd. The related-party transaction is intended to support the expansion of Shin Yang's logistics operations. The acquisition is expected to be funded through bank financing and internal funds.