Developers urged to comply with housing agreements
KUCHING: Developers are urged to provide quality housing as well as to be courteous at meeting their stated project delivery timeline, as stated in their sales and purchase agreement with the buyers. the sales and purchase agreement. We hope that developers will build quality houses and deliver them on time,” he said.
Meanwhile, on the current demand in housing properties, Sheda Property Expo 2017, organising chairman SR Gary Kho Thong How, who is also senior manager of CMS Property Development Sdn Bhd, also pointed out that based on research by Institute Rakyat, Sarawak suffers from a combination of weak household incomes and house prices that are far higher than the average household income could afford.
He noted that developers would be compelled to build according to what the market demands and what buyers could afford rather than what developers prefer.
He therefore urged developers to use the expo strategically to capture the imagination of investors and home buyers by creating a platform to boost market presence and brand awareness, as well as to share details of up and coming developments which Sarawakians can anticipate.
The launch of this expo yesterday was also in conjunction with forum and lunch with Sheda’s president. The purpose of the forum was to give Sheda’s state council the opportunity to brief Sheda members on the developments in the property industry, especially on issues relating to the housing development industry.
During the forum, Wong had also discussed Sheda’s e-library, the housing developers’ ordinance, housing development regulations and more.
He also briefed the members on affordable housings which Sheda had proposed to the state government. He hoped he could receive the outcome of the proposal from the state government, soon. He added, if the proposal could be approved, Sheda is committed to building more affordable housings for the middle-income group