Property News

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’ …

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 …

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 …

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 …

KUCHING: Rural folk who do not have easy access to Petronas or Shell stations will soon be able to purchase petroleum products at the same price and of same quality as those in urban areas. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said this is made possible due to the initiative to construct more than 20 Smart mini …

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 …

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 …

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 …

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 …

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 …