theSun Property February 2016

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ON FRIDAY FEBRUARY 26, 2016
THE iProperty Group announced
its partnership with to
serve the community better where
real estate in East Malaysia is
concerned. Whether property
buyers, investors, developers,
property negotiators or agents, the
alliance allows interested parties
to obtain valuable transaction data
on the market in Sabah and
Sarawak.
A burgeoning market going
through rapid economic
development as part of the
Economic Transformation
Programme (ETP) which was
formulated as part of Malaysia’s
National Transformation
Partnered to servebetter
decisions”.
According to data from
, the top three areas in
East Malaysia recording high real
estate activities from January to
June 2015 were Kota Kinabalu,
Penampang and Tawau in Sabah
and Kuching, Seduan and Kuala
Baram in Sarawak.
“Property values have been
appreciating in all segments
with prices for residential,
commercial and industrial units
estimated to have increased
between 10% and 20%,” added
Chmiel. He further informed that
in 2015, a total of 81,894 searches
were recorded on properties in
Sabah while in Sarawak, a total of
63,589 searches were documented.
Through the partnership,
interested parties can receive
transparent, timely and relevant
information on sub-sale transacted
property prices on the East
Malaysia market.
founder and
managing director Premendran
Pathmanathan’s take on the
partnership: “With the strong
demand in East Malaysia, we are
thrilled to be working with
iProperty to provide property
buyers and investors with valuable
information on the market in
East Malaysia”.
For more information, log on to
PHOTO: WWW.FOCUS.IPROPERTY.COM.MY
Programme, supported primarily
by the oil palm and oil and gas
industries, iProperty Group CEO
and managing director Georg
Chmiel had this to say: “With the
demand for property in East
Malaysia progressively growing,
providing our consumers and
customers with these valuable
insights into the property market is
a major milestone in the path to
making data truly accessible.”
On the partnership with
, Chmiel said, “Together
with our exclusive partnership, we
are able to provide our consumers
and customers with data that will
help themmake well-informed
PHOTO: WWW.PROPERTYHUNTER.COM.MY
Viewof Nationlink Group’s unique development in Kuching, Sarawak.
An aerial viewof a residential area in Kota Kinabalu, Sabah.