Property Hunter Magazine October Issue 2014 | Page 40

/// East Malaysia Property News SHAREDA Supports Study on Soaring Property Prices Musa - Sabah’s Economy on Strong Footing Despite Tragic Events off and in various stages of implementation. These projects are starting to transform Sabah’s economy in a positive manner, and I am hopeful that the state will achieve its development aspirations and goals as set out in the SDC blueprint,”he said. MICC Sabah Branch chairman, Brig. Gen (R) Datuk A Arulpragasam, said the issue of the Cabotage Policy cannot be left hanging forever and it was the desire of the association to see the government granting a fullliberalization of the policy. Sabah Housing and Real Estate Developers Association (SHAREDA) president Francis Goh Sabah Housing and Real Estate Developers Association (SHAREDA) president Francis Goh supports the call by Local Government and Housing Minister Datuk Haji Hajiji Haji Noor to the Royal Institution of Surveyors Malaysia (RISM) Sabah Branch to conduct a study on the soaring prices of properties in Sabah over the past 10 years. The call was made during the 32nd annual dinner cum installation night of RISM (September 6). “We, SHAREDA opined that it is virtuous for a professional body like RISM to act as a neutral party to conduct such study. SHAREDA welcomes the call and ensure that we will extend our full cooperation to RISM by providing information and reasons for the price