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The federal government's 'affordable houses at RM250,000' is not affordable at all for Sabahans, 70% of whom earn less than RM3,500 a month. |
KOTA KINABALU: Sabah’s past 10 years of vigorous growth spurred by its ‘booming’ real estate sector is heading for a slowdown and among the factors is the recent general election outcome, said a global real estate consultancy here.
CH Williams & Talhar noted that although the Sabah market had experienced an upswing, it was unlikely to enjoy the same high.
Its managing director Chong Choon Kim cited several reasons for this, including the recent general election which saw the opposition sweep the urban seats.
CH Williams & Talhar noted that although the Sabah market had experienced an upswing, it was unlikely to enjoy the same high.
Its managing director Chong Choon Kim cited several reasons for this, including the recent general election which saw the opposition sweep the urban seats.