The value of real estates and landed properties in Sabah was the second highest in the country last year.
According to Syed Anuar Syed Norddin, the director of State Property Assessment and Services, the real estate and landed property sector in Sabah was quite unique as its value grows so fast.
"This may be due to the openness of the state to foreign investors such as those from Taiwan and China who have large capital, causing land prices for all categories to be higher than in other regions" he said after paying a courtesy call on the Head of State Tun Juhar Mahiruddin at the Istana Negeri on Wednesday, 2 July.
Syed Anuar said the aim of the courtesy call was to inform the Governor of the function and role of his department in Sabah.
He was accompanied by Kota Kinabalu District Valuer Tee Siew Bee, Tawau District Valuer Zarina Abdullah and Sandakan District Valuer Chin Chui Vui.