Property overhang in Sabah not serious, says state housing minister | The Malaysian Insight

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Property overhang in Sabah not serious, says state housing minister

The government is also proposing to introduce a rent and buy scheme to overcome the problem of unsold houses, says Jaujan Sambakong. – The Malaysian Insight file pic, April 17, 2019.

STATE Local Government and Housing Minister Jaujan Sambakong said the problem of property overhang in Sabah is not serious, based on the records obtained for the past six years. He said during the period, there were 10,769 units of unsold houses, with an average of 1,795 units a year. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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