Property prices in Sarawak to increase between 5 to 10 per cent next year

Property prices in Sarawak are expected to go up by five to 10% from next year. Sarawak Housing and Real Estate Development Association (SHEDA) vice-president Datuk Joseph Ting King Sung said this is due to normal factors such as property appreciation and higher construction, material, labour and land costs, rather than pure speculative activities. (BT)