Property price surge in Bintulu caused by industrial boom, says Sheda

KUCHING: Bintulu’s surging property prices are caused by a mismatch of accommodation currently available against the sudden surge of workers.

“Mobilising workers (factory employees) can be done very quickly but the building of houses take two to three years,” Sarawak Housing and Real Estate Developers Association (Sheda) secretary-general Sim Kian Chiok told The Star yesterday.