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Monday, November 2, 2009

Developers to launch more projects

From left: Datin Linda Ngiam, Housing and Local Goverment Minister Datuk Seri Kong Cho Ha, Star Publications (M) Bhd group chief editor Datuk Seri Wong Chun Wai and executive deputy chairman Datuk Clement Hii at the official launch of Star Property Fair KL at Menara Star on Sept 29.

PETALING JAYA: Developers in the Klang Valley are planning to launch more projects in the coming months as the local property market continues its recovery.

To provide industry players a platform to showcase their latest developments, The Star Media Group will be organising the first Star Property Fair in Kuala Lumpur from Nov 27 to 29.

Themed “Stylish Living”, The Star Property Fair Kuala Lumpur will be held at the KL Convention Centre halls 4 and 5.

According to Star Publications (M) Bhd group managing director and chief executive officer Datin Linda Ngiam, the economic downturn has affected the property market and there is a need for an integrated platform for property developers and prospective purchasers to meet.

“The Star Property Fair is an integrated platform because it will be an on ground event fully supported by our print, radio, magazine and online media, especially StarProperty portal.

“Through the property fair, we hope to complement the Government’s efforts in stimulating the economy especially in the property market and hasten the process of recovery. Businesses such as financial and lifestyle will subsequently benefit also,” Ngiam said.

The Star has so far organised eight annual property fairs in Penang and response from both exhibitors and visitors has been very encouraging, making it the leading property fair in Penang.

“With our established network and the strategic platform created over the years, we want to leverage on our position as a leading media group to set a new benchmark for property exhibitions in the country,” she added.

Ngiam said many affluent Malaysians were looking to invest in properties that would not only give them good long-term value but also reflect on their lifestyles.

The upcoming fair will enable visitors to view the latest offerings by renowned local developers for a broad range of property from medium to medium high-range residences, luxurious bungalows to exclusive condominiums, and commercial projects.

Visitors will also have the opportunity to obtain advice on financing options from participating financial institutions as well as government agencies that will be on hand to offer information on Employees’ Provident Fund withdrawals and on other matters.

There will also be talks and forums conducted by industry experts on various topics, including property investment, feng shui and home inspirations.

Other attractions include auctions by CIMB Property Mart and a contest for all visitors to the fair with prizes worth over RM20,000 to be won.

The property fair is open to the public from 11am to 8pm (Friday to Sunday) and admission is free.

For enquiries on the property fair, contact Kenny Thong or Ian Qua at 03-79671692 or 79671388 ext 1165.

By The Star (by Angie Ng)

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