Property & Real Estate news in Padawan 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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Sheda proposes developer rating system, changes to Sarawak housing laws
The Sarawak Housing and Real Estate Developers' Association (Sheda) proposed a performance rating system for developers at its property expo in Kuching. The association also called for amendments to state housing laws and an expansion of a housing deposit assistance scheme. Sheda president Augustine Wong said a single delayed project should not stigmatize a developer.
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Sarawak deputy premier warns of housing surplus as birth rate declines
At the SHEDA Property Expo 2026 in Kuching, Deputy Premier Dr Sim Kui Hian said Sarawak's declining birth rate will reshape its housing market, with over 700,000 homes against roughly 600,000 households. He urged industry stakeholders to adapt to demographic realities and cautioned against mass immigration as a solution.
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Sarawak to mandate 10pc green space in new developments, says Premier
Sarawak Premier Abang Johari announced that new developments in the state must set aside at least 10 percent of their area for green spaces. The policy, part of the Sarawak Sustainability Blueprint, also includes greener standards for government projects, such as using BIM for projects over RM10 million and targeting 70 percent IBS utilisation. The announcement was made at the Sheda Property Expo 2026 in Kuching.