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Last Update: 26 Apr 2018
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Kota Padawan poised for rapid growth
Posted on : 19 Nov 2017  Source of News: http://www.theborneopost.com/2017/11/19/kota-padawan-poised-for-rapid-growth-2/
 

Lo (front, second left) and Sim (front, third left) jointly cut the ribbon to mark the opening of the property roadshow at Boulevard Shopping Mall in Kuching.

KUCHING: Kota Padawan and its surrounding areas are set to be one of the fastest developing areas in the state in terms of housing and other landed properties.

Batu Kitang assemblyman Lo Khere Chiang, who is also chairman of Padawan Municipal Council (MPP), said Kota Padawan is right in the centre of other council areas and the prices of land there are still moderate – making it attractive to developers.

“It is only natural that Padawan and its surrounding areas would experience rapid growth in landed properties. The land there is not that cheap and not that expensive. The locality is neither near nor far. It is in the middle of areas under the jurisdiction of other councils like Kuching North, Kuching South, Serian and Kota Samarahan,” he remarked when met after the launch of Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching Branch’s Second Home Property Roadshow 2017 at Boulevard Shopping Mall here yesterday.

“We can imagine development coming fast into that area. Land up to Siburan is viable for housing. It is not that rural,” added Lo, who is also confident that developers would rise up to the challenge by being more innovative in meeting the buyers’ needs and providing value-for-money offerings despite the unfavourable global business climate.

“The small Sarawak market would enable developers to pool their resources together and take smaller risks,” he said, adding that Chief Minister Datuk Patinggi Abang Johari Tun Openg would also like to see competition between two or three developers so that buyers would have more choices and enjoy value-for-money products.

At the same time, Lo also commended Sheda Kuching for holding charity events to give back to society. As part of its corporate social responsibility (CSR) programme, Sheda Kuching gave donations amounting to  RM10,000 to two non-governmental organisations (NGOs) – Mental Health Association (MHA) Sarawak and Enoch Elderly Association Sibu.

On the property roadshow, Lo said it served as a one-stop-centre with all information on landed properties for prospective buyers.

“The buyers do not have to waste time and energy by going from developer to another just to hunt for homes and properties – everything is at this exhibition.”

Members of the public can expect a few exhibitors offering terraced houses ranging from RM150,000 to RM455,000 for a single-storey unit, and RM410,000 to RM842,000 for a double-storey unit.

Semi-detached houses are also available from RM368,000 to RM448,000 for single-storey unit, and RM860,000 to RM1.5 million for a double-storey unit.

Strata units such as apartments, condominiums and penthouses are also available from RM297,000 and above. Commercial properties across Sarawak are also available during the three-day roadshow, which kicked off Friday, with prices ranging from RM690,000 to RM4.5 million per two to four-storey shoplot.

The highlight of the roadshow is the ‘Buy and Win’ lucky draw for potential buyers, offering the grand prize of a filtered hot/cold water dispenser worth RM4,229 sponsored by 3M. Other prizes include electrical appliances.

The opening ceremony was witnessed by event organising chairman Sim Kiang Chiok and Sheda Kuching executive committee members.