The Sabah Housing and Real Estate Developers Association (SHAREDA), formerly known as the Sabah Housing Developers' Association (SHDA), was established in 1978, primarily to represent housing developers in Sabah. In 2002, the Association underwent a significant restructuring, including a name change to reflect its expanded scope – broadening its focus beyond housing to encompass the entire spectrum of real estate development. This strategic shift allowed SHAREDA to better represent the evolving interests of its members and meet the growing demands of Sabah's property industry. Today, SHAREDA serves as a unified platform for property developers, bringing together its members to pool expertise and resources with the aim of ensuring the industry continues to play a pivotal role in driving economic growth. Over the years, the Association has been actively involved in shaping the regulatory landscape by participating in various government committees and contributing to the formulation of policies and guidelines that govern real estate and housing development across the state.

In recognition of its exemplary role in industry development and public engagement, the Sabah Housing and Real Estate Developers Association (SHAREDA) was selected from over 5,000 registered societies in Sabah to receive the prestigious Sabah Societies' Role Model (Anugerah Pertubuhan Contoh) Inaugural Award by the Registrar of Societies Malaysia on 22nd May 2010. This distinguished accolade stands as a testament to the Association's enduring commitment to excellence and its remarkable growth from just 15 founding members in 1978 to over 170 members.

SHAREDA has been guided by strong and dedicated leadership throughout its history. Among the key figures instrumental in shaping its early direction was the late Y.Bhg. Datuk William C. V. Fong, a founding member who served as the Association's first Chairman from 1978 to 1981. Since then, SHAREDA has continued to benefit from the stewardship of a distinguished line of prominent leaders who have each contributed significantly to the Association's growth and influence within the industry, namely:

• Y.Bhg. Tan Sri Datuk Seri Panglima Wong Chik Lim (1981-1985) (Late)
• Y.Bhg. Datuk Yap Pak Leong (1985-1989)
• Y.Bhg. Datuk Yong Loi Thiam (1993-2001)
• Y.Bhg. Datuk Haji Abu Bakar M. Yahya (2001-2005)
• Y.Bhg. Datuk Kong Kwok Wah, JP (2005-2009)
• Y.Bhg. Datuk Susan Wong Siew Guen (2009-2013)
• Y.Bhg. Datuk Francis Goh Fah Shun (2013-2017)
• Y.Bhg. Datuk Chew Sang Hai (2017-2021)
• Y.Bhg. Datuk Sr Chua Soon Ping (2021-2025)
• Y.Bhg. Datuk Johnny Wong Chen Yee (2025-2027), President-Elect for the 2025-2027 (appointed at the 32nd AGM on 24th May 2025)

To commemorate its 20th Anniversary in 1998, SHAREDA acquired its own premises at Beverly Hills Plaza, Kota Kinabalu. The SHAREDA Secretariat was formally established and became operational on 27th March 2002. Over time, the office expanded through the acquisition of three adjoining lots in 2004, 2007 and 2012, bringing the total office area to approximately 3,546 square feet. The Secretariat has been fully equipped with modern office automation, including a conference room with 100-seat capacity, filing & store rooms, President's office and a dedicated working space.

SHAREDA is also a founding member of the Malaysian Developers' Council (MDC), established on 12th May 1996, then known as the "Tripartite" in collaboration with the Real Estate and Housing Developers' Association (REHDA) Malaysia and the Sarawak Housing and Real Estate Developers' Association (SHEDA). The MDC provides a national platform for consultation on industry-related issues and fosters stronger ties among the three regional associations. Originally held annually, MDC meetings have been conducted twice yearly since 2007 to facilitate continuous dialogue and joint problem-solving across the Malaysian housing industry.

With its record of collaboration, visionary leadership, and strong member commitment, SHAREDA remains well-positioned to continue making meaningful contributions to the real estate sector and the broader development of the nation.