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Sabah imposes higher penalty: Compared to peninsula to prevent abandoned projects

Kota Kinabalu: The Sabah Government’s decision to apply a higher penalty of five years for errant developers compared to three in the peninsula is to prevent future abandoned projects. ....

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Experts can be jailed three years for failed projects

Kota Kinabalu: Experts can be jailed three years for failed projects under a new clause under Section 21 of the amended Housing Development (Control & Licensing) Enactment 1978. It provides for custodial sentence and a fine for professionals who fraudulently over-certify progress certification and cost estimation. ....

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Shareda sets up institute to address needs of industry

KOTA KINABALU (April 29): Sabah Housing and Real Estate Developers Association (Shareda) has established the Shareda Institute to address the needs of the housing and real estate property industry.

Shareda president Datuk Sr Chua Soon Ping said the institute will serve as the association's resear ....

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