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HOUSING DEVELOPMENT IN SARAWAK SUNDAY, 26 OCTOBER ...

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1.a. Introduction<br />

Housing development sector is one of sector that contributed to the state<br />

economic growth.<br />

National Housing Policy – “To create a peaceful life and harmony community by<br />

providing adequate affordable housing from the aspect of the needs, quality,<br />

environmental friendly and equip with basic amenities in line with Vision 2020 to<br />

ensure better quality living”<br />

2008- Shows the demand has softened at the high end market. Developers are<br />

more focused on the high-medium ranged market (less than RM300,000.00).<br />

Oversupply of housing properties and lagging domestic demand have contributed<br />

to stagnant prices.

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