Property News

Borneo Samariang Water Park @ Kuching

The much-anticipated water theme park in Samariang is expected to open its doors to the public this March 31. The Borneo Samariang Water Park covers a 30-acre site that houses many attractions such as the ‘Kids’ Slide’, a leisure pool, the ‘Aqua Play’, the man-made ‘Mount Mulu Clearwater River and the ‘Pizza Time’ – all located on the ‘Hornbill Island’ …

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tHe Spring Bintulu to open mid November 2018

Bintulu’s first and only regional lifestyle shopping mall, tHe Spring Bintulu, is set to open its doors to shoppers by mid-November this year with a targeted 90 per cent occupancy. key tenants that include Parkson as the main anchor, and Uniqlo, MBO Cinemas and Ta Kiong Supermarket as mini anchors. tHe Spring Bintulu located at the city centre, the RM245 …

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HELP International School – New private school in the offing for Sarawak

KUCHING: Sarawak will see a new private school, to be set up by January 2020 with an aim of bringing the quality of the state’s private education to greater heights. The Tunku Putra-HELP International School is a joint partnership between Cahya Mata Sarawak Bhd (CMS), Ibraco Bhd and Higher Education Learning Philosophy (HELP) Education Group. With a purpose-built campus, the …

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Licensed Real Estate Agent vs Bogus Real Estate Agent

Terry Teo Azmi & Co (Sarawak) Sdn. Bhd, Kuching   In Malaysia property market, many property owners do not know how to differentiate between a licensed real estate agent and a bogus. So often they were either cheated or not happy with the way bogus agents conduct their business.   Licensed Agent In order to become a licensed agent, one …

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REHDA appeals to govt to relax regulations for first time house buyers

KUALA LUMPUR: The Real Estate and Housing Developers’ Association (REHDA) is appealing to the government to relax regulations for first time house buyers and properties below RM500,000. President, Datuk Seri Fateh Iskandar Mohamed Mansor said the request includes a cheaper interest rate and longer loan tenure for transactions in the two categories. “We would like an end to the financing …

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State completes takeover of Bakun

KUCHING: The state government acquired the Bakun hydroelectric power (HEP) plant from the federal government through the take-over of Sarawak Hidro Sdn Bhd (SHSB) by Sarawak Energy Berhad (SEB) yesterday. The deal was closed with signing and close-out of items detailed in the Share Sale Agreement (SSA) between SEB and the Ministry of Finance (MoF) . According to Sarawak Energy …

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New Healthcare Hub – Kuching Integrated International Medical Centre

KUCHING: Sarawak company KHK Development Sdn Bhd (KHK) and Tianjin Government state-owned Tianbei Heping Development Pte Ltd (Tianbei Heping) yesterday signed an agreement to form a joint venture (JV) company to undertake the development of a new healthcare hub; Kuching Integrated International Medical Centre (KIMhub). The upcoming healthcare hub, to be developed by KHK and Tianbei Heping’s JV company Hock …

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First Harvey Norman Outlet in East Malaysia – Vivacity Megamall Kuching

KUCHING: Harvey Norman is set to expand its presence in East Malaysia via its first outlet here at Vivacity Megamall, marking itself as the fourth anchor tenant of the mall. Harvey Norman will take up 46,806 square feet on Level 1 and 2 of the East Atrium and carry an extensive range of household trusted products whislt striving to provide …

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Bau District to become top tourist destination

KUCHING: Plans are now in the pipeline to turn Bau District into a top tourist destination. Tasik Biru assemblyman Datuk Henry Harry Jinep explained and introduced Bau’s potential tourism products to Minister of Tourism, Arts, Culture, Youth and Sports Datuk Abdul Karim Rahman Hamzah during a courtesy call yesterday. Various issues, especially on the district’s strategic tourism plans and the …

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