/// East Malaysia Property News
EAST MALAYSIA
PROPERTY NEWS
Keep track of the latest property and real estate news
plus reviews in the property market in Sabah and
Sarawak
The Property Industry, the Third Main
Income Generator for Sabah
Sejati Walk a project by Wah Mie Group, a reputable developer since 1979
Property development is the key
economic drive for Sabah. The
property sector currently ranks at
number three main earner for Sabah
after the oil and gas industry which
generated RM 10 billion and the
palm oil plantation which generated
RM15.3 billion in revenue. Property
development is ranked above the
tourism industry which generated
RM5.6 billion and manufacturing
sections which gained RM3.5 billion in
revenue.
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www.PropertyHunter.com.my
Property development created the
greatest spill-over impact to the
Sabah state economy through 164
job and chain sully industries. Thus
constant delays of the Development
Plan approval by local authorities
will undoubtly inhibit the overall
economic performance and progress
of Sabah.
SHAREDA Showcases Properties in
the East Coast
The Sabah Housing and Real
Estate Development Association
(SHAREDA) recently joint
venture with Property Hunter
to host the SHAREDA Property
Hunter Expo 2014 in Sandakan.
This was SHAREDA’s first effort
in showcasing the products of
their members in Sandakan.
The first time SHAREDA held a
property expo in Sandakan was
in November 2013 in Lahad
Datu. This collaboration was
also between the association
and Property Hunter. SHAREDA
will once again join hands with
this leading property expo to
showcase more developments
to the people of Tawau this
month. The SHAREDA Property
Hunter Expo will be held on
16 to 18 May from 10:00am
to 8:00pm at the Lau Gek
Poh Foundation Hall. Public
admission is free.