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Majlis Iftar sempena sambutan 50 Tahun SUDC

Pengerusi SUDC YBhg, Tuan Jamawi Jaafar bersama Ketua Pegawai Eksekutif , En. Afizal Aldin serta Ahli Pengurusan SUDC telah menyampai sumbangan kepada pelajar -pelajar Maahad Tahfiz Imam As Syafie, Tuaran serta anak- anak yatim yang telah diadakan di pejabat SUDC pada 19 April 2022.

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SUDC launched 50th Anniversary Logo & its revamped website

To commemorate SUDC’s 5 decades of Pioneering Progress, Deputy Chief Minister, Datuk Dr. Joachim Gunsalam officiated the unveiling of SUDC’s 50 anniversary logo and the launch of SUDC’s revamped website. The momentous event was witnessed by Permanent Secretary ,Ministry of Industrial Development Thomas Logijin , SEDCO Group General Manager Haizar Razif Hisyam, SUDC’s Board of Directors, Chairman Hj. Jamawi Jaa’far, Chief Executive Officer Afizal Aldin and management members.

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Commercial Properties Projects

KK ONE

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Commercial Properties Projects

Damai Suites

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Projects Residential Properties

Seri Sutera Residence @ Lok Kawi

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Commercial Properties Projects

Sipitang Commercial Center

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SUDC New CEO

YBhg En. Jamawi Jaafar SUDC Chairman along with SUDC Managing Director Anthony Dumpangol and Management team welcome newly appointed Chief Executive Officer (CEO) Tuan Afizal Aldin to Sabah Urban Development Corporation Sdn Bhd.

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Kunjungan Lawatan Kerja Sempena Minggu Integrity

Pengerusi SUDC YBhg, Tuan Jamawi Jaafar bersama Ketua Pegawai Eksekutif , En. Afizal Aldin serta Ahli Pengurusan SUDC menerima kunjungan lawatan kerja daripada YA Datuk Nor Asiah Mohd Yusof ,Pengerusi Jawatankuasa Bebas Intergriti SEDCO dan Ahli-ahli Jawatankuasa Bebas Integriti SEDCO ke Pejabat Sabah Urban Development Corporation Sdn Bhd pada 26 October 2021 sempena Minggu Integrity SEDCO.
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Virtual Signing Ceremony

24th September 2021, Virtual Signing ceremony between Sabah Urban Development Corporation Sdn Bhd and Zalam Corporation Sdn Bhd on future development in Lok Kawi Heights.Present for the ceremony is Tuan Haji Jamawi Jaafar, SUDC chairman with Tuan Afizal Aldin, CEO of SUDC along with his Management members. The event was witnessed virtually by YBhg. Datuk Pengiran Saifuddin Pengiran Tahir, Sedco Group General Manager.

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Sabah Projected to See Biggest Swing in Rental Rates by 2022

Released in September 2020, the research company sees the National Price Expectations Index remains its downwards trend with a 4.8% fall over the next 12 months, before climbing again to post a cumulative growth rate of 10.6% over the next two years.

“Covid-19 and the resultant economic slowdown has had a significant negative impact on the real estate industry’s outlook for residential prices over the next 12 months. Residential prices are expected to fall nationally and in every state,” said the report.

The states with the strongest forecast price growth over the next two years are Penang and Perak, with price growth of 15.9% and 14.3%, respectively. Kuala Lumpur and Selangor have the lowest forecast price growth over the next two years with a lower but still impressive rate of 8.5%. 

Meanwhile, the industry outlook is for rental rates to follow a similar trajectory as residential prices, by first falling substantially before recovering strongly. However, in the case of rental rates, the swings look less extreme.

“On a nationwide basis, rents are expected to drop 3.8% over the next 12 months, before recovering to post 7% growth through Q3 2022. 

“Sabah is projected to see one of the biggest swings in rental rates, with an 8.7% drop in rents over the next 12 months before recovering to post 4.9% growth by the third quarter of 2022,” the report said