Property & Real Estate news in Voco Kuching Kuching Sarawak
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SHEDA backs developer rating system, opens property expo in Kuching
The president of SHEDA expressed support for the Sarawak government's plan to introduce a comprehensive rating system for property developers to improve transparency and consumer protection. The statement was made at the opening of the SHEDA Property Expo 2026 in Kuching, which runs from September 4 to 6. SHEDA is also collaborating with Curtin University Malaysia on human capital development and technology in the property sector.
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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.
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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.