Houses built under new concept to cost more

  • Nation
  • Monday, 31 Oct 2005

MIRI: Prices of new houses could surge by 30% under the build-and-sell concept, said Sarawak Housing Developers Association. 

Developers would have no choice but to increase the price due to additional overhead costs of 20% to 30%, said association chairman William Wei. 

“The build and sell concept will result in developers incurring extra charges in having to bring in raw materials into the state in bulk. 

“The costs of hiring and purchasing construction machineries have also gone up,” he said after the launch of a state housing roadshow by Deputy Chief Minister Tan Sri Dr George Chan Hong Nam here. 

The Housing and Local Government Ministry said it was proposing the concept to protect house buyers. 

Under the concept, house buyers would have more choices and not lose out through abandoned projects.  

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Nation

Cops track down lorry packed with 48 Covid-19 positive workers in Kedah
Sabah updates SOPs for places of worship and childcare centres
Covid-19: Negri Sembilan Jakoa proactive in getting more Orang Asli vaccinated
Don't push for GE15 to be held during the pandemic, Tajuddin urges political parties
Cops arrest four, seize drugs worth RM50, 000 in Batu Pahat and Kluang
Abu Sayyaf commander linked to Sabah kidnappings killed by Philippines forces
Man electrocuted by farm fence in Gua Musang
Several localities in Sabah, Sarawak under EMCO from Tuesday (June 15)
Covid-19: 15 new clusters recorded, 11 involve workplaces
Covid-19: 39-member team brave strong currents to vaccinate villagers in Kelantan

Stories You'll Enjoy