Developers cash in on steady take-up of apartments in Kuching

Costly: A visitor looking at a scale model of an apartment complex at the Sheda Home and Property Expo in Kuching. - ZULAZHAR SHEBLEE / The Star

HIGH-RISE residential developments are sprouting up in the Sarawak state capital as more developers cash in on the good demand for apartments and condominium units amid a slow market.

The supply of condominium units is expected to jump by 50% in the next two years as some 5,000 units are currently under construction or undergoing earthworks, according to C H Williams Talhar & Wong (WTW).