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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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.