PETALING JAYA: Some RM500mil worth of properties from both local and foreign developers will be up for sale at the Malaysia Property Expo (Mapex) in October.
Mapex committee chairman Datuk Ng Seing Liong said over 50 developers had registered to take up 145 exhibition booths at the event where 227 booths were expected to be set up.
“Alhough we have not finalised the total number of foreign participants attending this year’s Mapex, we expect properties on sale to be around RM500mil,” he told reporters.
Mapex, a property exhibition, is hosted by Real Estate and Housing Developers’ Association (Rehda).
This year’s three-day Mapex will be held at Mid Valley Convention Centre from October 19.
Ng said Rehda was expecting at least 50,000 visitors to the exposition, which would also feature several talks by experts in the property investment and legal fields.
“Mapex is an ideal platform for gathering of property developers, financiers, legal experts and also property consultants – all under one roof to assist the home-buying public in making informed decision in their property investment,” he said.
He said that over the years, Mapex had grown to become the signature property event of the country, receiving an average participation of about 80 developers in each exposition.
“Firmly established as the leading property exhibition in Malaysia since its inception in 2000, the latest edition of Mapex brings together property developers from all over Malaysia to offer a wide range of properties to prospective buyers and investors,” he said.
Developers that have confirmed their participation include SP Setia Bhd, Sime Darby Properties, Selangor State Development Corp, IJM Properties Sdn Bhd, Berjaya Land Bhd, I&P Group Sdn Bhd, Lebar Daun Sdn Bhd and Sunway Integrated Properties.
By Bernama
Friday, July 27, 2012
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