KUALA LUMPUR: PropertyGuru Malaysia rake in RM35.2 million in sales at its first Property Showcase held in Penang and Kuala Lumpur.
In a statement today, acting country manager, Jason Thoe, said the two-day showcase in Penang from Oct 20 generated RM14.2 million in sales, while the three-day showcase here from Oct 26 generated RM21 million in sales.
"The success was attributed to the nature of the property showcase which emphasised on a select group of property developers which were able to give high return on investment," he said.
Meanwhile, Naza TTDI Sdn Bhd marketing senior manager, Bernard Yong, said the property outlook for next year would unlikely be as strong as the 2011-2012 period.
"We foresee a continuing tightening of credit which will impact the property market," he said.
Country Garden regional director, Ariel Chan, said the effective government regulation and control as well as the steady population and economic growth would favour the development of the real estate market next year.
"As for the price of houses, it has been a steady growth over the years, and there will be room for further appreciation," Chan said.
By Bernama
Showing posts with label Expo / Exhibitions Property / Show / Events / Forum. Show all posts
Showing posts with label Expo / Exhibitions Property / Show / Events / Forum. Show all posts
Monday, October 29, 2012
Saturday, October 27, 2012
Foreigners snapping up Malaysian properties
There is an influx of investors from China, Hong Kong, Japan, Singapore and South Korea buying residential properties here, says PropertyGuru.com.my head of marketing Jason Thoe.
They are buying the properties for their own stay or as an investment, and their targets are Klang Valley, Penang, Johor and Sabah, he said.
There is concern now of rising property prices. In the last two to three years, property prices have risen by 10 per cent to 30 per cent, mainly in Kuala Lumpur and Penang.
The myth faced by the property sector is complaints of houses being overpriced because of higher foreign ownership and speculation.
But according to Rehda (Real Estate and Housing Developers’ Association of Malaysia), only less than two per cent of local residential properties are owned by foreigners, and the
majority are located in the Kuala Lumpur city centre.
To prevent a property bubble, the government said it is raising the threshold price of residential properties for foreigners from
RM500,000 to RM1 million.
“That is not going to change anything. Foreigners are still buying properties worth over RM1 million. They are buying because they have the money,” Thoe told Business Times yesterday at the launch of PropertyGuru’s property showcase.
On the outlook for 2013, he said there will be higher transactions for properties priced below RM700,000, especially apartments and condominiums.
“The new hot spots will be Seri Kembangan and Kajang because of the infrastructure development. Developers with reputable
brands will have a good following.
“The secondary market in some areas in Klang Valley will also experience growth as first-time property buyers look for affordable terrace houses priced RM800,000 and below,”
he said.
Thoe said Iskandar Malaysia, George Town and Kota Kinabalu are also experiencing higher property transactions.
“Property prices in Kota Kinabalu have been increasing steadily in the last 10 years.
Developers there are launching properties priced around RM1,300 per sq ft, almost on par with Petaling Jaya. The buyers are mainly Sabahans,” he said.
On the property showcase,Thoe expects the 13 participating developers to generate more than RM15 million in sales collectively. They include UEM Land, Country Heights, Andaman,
Land & General and Naza TTDI whereby properties are priced between RM400,000 and above RM1 million.
This is PropertyGuru’s second major property showcase for the year. The first was held in Penang last week where seven developers generated a combined sales of RM14.2 million from the three-day event.
By Business Times
Tuesday, October 16, 2012
Expo offers latest trends to homeowners
HOMEDEC is celebrating its 10th successful year with more attractive offerings for visitors.
The exhibition that gathers all renovation-related needs under one roof will be held over two consecutive weekends at the Kuala Lumpur Convention Centre.
The first part themed Design and Renovation is from Oct 18 to 21 while the second part on Furnish and Decorate will be from Oct 25 to 28.
It features 1,500 exhibition booths set up by over 430 leading companies in the home industry, the exhibition space is spread over six halls.
Homedec organiser, C.I.S Network Sdn Bhd president Vincent Lim said the exhibition had further boosted awareness on interior design among Malaysians.
“When we started the exhibition 10 years ago, our study showed that less than 50% of homeowners would engage interior designers when they needed to renovate their homes. However, our latest study showed more than 70% of homeowners would do that now,” he told a press conference in Kuala Lumpur recently.
“Homedec is the platform to meet face-to-face with industry experts or to gather the know-hows about renovating and decorating your homes. The industry players are all here,” he said.
He added that this year Homedec had been pushed a notch up with the introduction of the Urban Loft concept exemplified by a show house designed by award-winning interior designer Lai Siew Hong and his team from Blu Water Studio.
“Homedec also plays a role to introduce future trends and new lifestyles to homeowners. With that, we also hope to stimulate the industry to come out with better designs and products,” he added.
Lai was the winner of the Malaysia Interior Design Awards (MIDA 2011) the Residential Category of by the Malaysian Institute of Interior Designers (MIID). He and his team also won the Design Excellence for Show Units (Residential) Category in MIDA 2011.
“Loft is a concept popularised in New York and London where warehouse space was converted into residential units. Moving on, Urban Loft is a space where function and aesthetics merge, we hope it will become the foundation for the future of the urban community,” Lai said.
“The 600 sq ft show house constructed on-site is a seamless open space. It is small but compact, and it meets all living needs,” he said, adding that the Urban Loft will sport a night ambience in the second part of the exhibition.
Lim said they were partnering with MIID for MIDA where the Homedec award will be bestowed to the winner of the Residential Category. The award comes with an air ticket to Milan.
Part 1 of the exhibition features the ID Showhome where 10 interior design firms showcase their works, while Part 2 provides the opportunity for visitors to experience sights and sounds in a custom-built home cinema.
The Homedec Quality Award and the Good Design Award are also at stake to reward products of excellence in an effort to raise the standard.
The underprivileged are not forgotten, too. The Homedec Care Programme will bring better and improved living condition to the Shelter Home for Children (3).
Visitors also stand a chance to walk away with cash prizes with a minimum purchase of RM100 in single receipt. A total of RM80,000 is up for grabs, RM10,000 will be given away daily.
The exhibition is open to public for free. The opening hours are from 10am to 8pm. For details, call 03-7982 4668 or visit www.homedec.com.my or www.facebook.com/homedec.exhibition.
By The Star
The exhibition that gathers all renovation-related needs under one roof will be held over two consecutive weekends at the Kuala Lumpur Convention Centre.
The first part themed Design and Renovation is from Oct 18 to 21 while the second part on Furnish and Decorate will be from Oct 25 to 28.
It features 1,500 exhibition booths set up by over 430 leading companies in the home industry, the exhibition space is spread over six halls.
Homedec organiser, C.I.S Network Sdn Bhd president Vincent Lim said the exhibition had further boosted awareness on interior design among Malaysians.
“When we started the exhibition 10 years ago, our study showed that less than 50% of homeowners would engage interior designers when they needed to renovate their homes. However, our latest study showed more than 70% of homeowners would do that now,” he told a press conference in Kuala Lumpur recently.
“Homedec is the platform to meet face-to-face with industry experts or to gather the know-hows about renovating and decorating your homes. The industry players are all here,” he said.
He added that this year Homedec had been pushed a notch up with the introduction of the Urban Loft concept exemplified by a show house designed by award-winning interior designer Lai Siew Hong and his team from Blu Water Studio.
“Homedec also plays a role to introduce future trends and new lifestyles to homeowners. With that, we also hope to stimulate the industry to come out with better designs and products,” he added.
Lai was the winner of the Malaysia Interior Design Awards (MIDA 2011) the Residential Category of by the Malaysian Institute of Interior Designers (MIID). He and his team also won the Design Excellence for Show Units (Residential) Category in MIDA 2011.
“Loft is a concept popularised in New York and London where warehouse space was converted into residential units. Moving on, Urban Loft is a space where function and aesthetics merge, we hope it will become the foundation for the future of the urban community,” Lai said.
“The 600 sq ft show house constructed on-site is a seamless open space. It is small but compact, and it meets all living needs,” he said, adding that the Urban Loft will sport a night ambience in the second part of the exhibition.
Lim said they were partnering with MIID for MIDA where the Homedec award will be bestowed to the winner of the Residential Category. The award comes with an air ticket to Milan.
Part 1 of the exhibition features the ID Showhome where 10 interior design firms showcase their works, while Part 2 provides the opportunity for visitors to experience sights and sounds in a custom-built home cinema.
The Homedec Quality Award and the Good Design Award are also at stake to reward products of excellence in an effort to raise the standard.
The underprivileged are not forgotten, too. The Homedec Care Programme will bring better and improved living condition to the Shelter Home for Children (3).
Visitors also stand a chance to walk away with cash prizes with a minimum purchase of RM100 in single receipt. A total of RM80,000 is up for grabs, RM10,000 will be given away daily.
The exhibition is open to public for free. The opening hours are from 10am to 8pm. For details, call 03-7982 4668 or visit www.homedec.com.my or www.facebook.com/homedec.exhibition.
By The Star
Friday, July 27, 2012
Mapex to offer RM500m properties
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
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
Monday, July 16, 2012
'Try promos, exhibitions to sell off Bumi units'
KUALA LUMPUR: Property developers should try to sell off Bumiputera units through promotions and property exhibitions, before asking for a release mechanism for the unsold units.
"They should advertise in Malay and English newpapers and embark on other promotion measures. If not, they would be stuck and there will be property overhang," said Shikin Taib, managing director of MMC Sdn Bhd.
According to findings from a survey conducted by the Real Estate and Housing Developers' Association Malaysia (Rehda), Bumiputera allocation is the top reason contributing to property overhang.
Developers are complaining that unsold Bumi lots are affecting their profit margin.
"They are getting an average 30 per cent profit margin from each development. Their margins would be affected if they don't sell the Bumi lots at the beginning of the project," said Shikin.
MMC was the organiser of the Bumiputera Property Exhibition (BPEX 2012), a property showcase held over the weekend. It exhibited RM1.5 billion worth of properties, majority of which was located in the Klang Valley. Overall, 42 property developers took part, including PKNS, Glomac, MK Land, The Lion Group, Glenmarie Properties, Melati Ehsan and Equine Capital. They exhibited their residential properties, ranging from RM99,000 to RM8 million per unit.
Shikin said some RM100 million is expected from the sale of Bumi lots, about 40 per cent more than the last BPEX held in April.
By Business Times
"They should advertise in Malay and English newpapers and embark on other promotion measures. If not, they would be stuck and there will be property overhang," said Shikin Taib, managing director of MMC Sdn Bhd.
According to findings from a survey conducted by the Real Estate and Housing Developers' Association Malaysia (Rehda), Bumiputera allocation is the top reason contributing to property overhang.
Developers are complaining that unsold Bumi lots are affecting their profit margin.
"They are getting an average 30 per cent profit margin from each development. Their margins would be affected if they don't sell the Bumi lots at the beginning of the project," said Shikin.
MMC was the organiser of the Bumiputera Property Exhibition (BPEX 2012), a property showcase held over the weekend. It exhibited RM1.5 billion worth of properties, majority of which was located in the Klang Valley. Overall, 42 property developers took part, including PKNS, Glomac, MK Land, The Lion Group, Glenmarie Properties, Melati Ehsan and Equine Capital. They exhibited their residential properties, ranging from RM99,000 to RM8 million per unit.
Shikin said some RM100 million is expected from the sale of Bumi lots, about 40 per cent more than the last BPEX held in April.
By Business Times
Saturday, July 14, 2012
RM6.5b projects planned in Penang
KUALA Lumpur and Penang-based developers are planning to execute some RM6.463bil worth of residential and commercial properties on the island and mainland in the second half year and 2013 despite the tightening of housing credit by banks and a gloomy global economic outlook for the future.
SP Setia Bhd (RM2.563bil GDV), IJM Land Bhd (RM608mil GDV), Mah Sing Group Bhd (RM180mil), Sunway Bhd (RM385mil GDV), Ideal Property Development Sdn Bhd (RM1.1bil GDV), and Ivory Properties Group Bhd (RM1.6bil GDV) are among the developers with plans for new housing projects in Penang.
The developers are displaying some of these projects at The Star Property Fair 2012 held at the Gurney Plaza and G Hotel from July 12-15. About RM6.105bil of projects are located on the island, with the remaining RM358mil planned for Seberang Prai, to be undertaken by Sunway and IJM Land in the second half year and 2013.
As land is still available in the South-West district, the area which covers residential cum commercial neighbourhoods such as Sungai Ara, Batu Maung, Bukit Jambul, Sungai Nibong and Teluk Kumbar continues to be popular locations for developers such as SP Setia, Sunway, IJM Land, and Ideal Property to launch their projects.
With the exception of Sunway Cassia and IJM's Trehaus landed property schemes project in Batu Maung and Bukit Jambul, all the other properties planned for the island comprise high-rise projects.
Real Estate and Housing Developers' Association (Rehda) Penang chairman Datuk Jerry Chan says the trend of development on the island will be towards high-rise developments due to rising land cost.
“A few years back, developers could still build landed properties because they could be priced attractively.
“Nowadays with land cost escalating by about 20% from last year, developers will have to price a semi-detached house from RM900 per sq ft onwards in a prime area like Pulau Tikus as the cost for net land plot is RM500 to RM600 per sq ft.
“If the semi-detached unit has a built-up of 6,000 sq ft, the selling price will be RM5.4mil.
“How many people would fork out RM5.4mil for a semi-detached home?” he asks.
The cost of a plot of net land in a prime area like Pulau Tikus is between RM500 and RM600 per sq ft. In Tanjung Bungah and Batu Ferringhi, land is priced between RM300 and RM400 per sq ft, while in the South-West district it is between RM100 and RM200 per sq ft.
Chan says there is still demand on the island for landed properties priced below RM2mil and condominiums priced below RM1mil.
”This is the reason developers are still carrying out their plans to launch projects despite the stricter policies on housing loans and concerns over the upcoming general election.
“The state's economic status is still sound,” Chan says.
Penang Master Builders' and Building Materials Dealers Association executive advisor Datuk Finn Choong says developers are launching projects also because of stability in raw material prices.
“By launching their projects now, developers can lock on to the present prices of construction materials for their projects.”
This means developers can price their properties within the RM400,000 and RM500,000 range
Affordable range
“A number of the projects planned for launching in the South-West district this year and next year are priced within this affordable range,” he says.
As demand for construction materials for the residential sector has softened over the past 12 months, the pricing of cement, for example, has also not gone above RM15 per 50 kg bag since late last year.
At the peak two years ago, the pricing of cement was above RM18 per 50kg bag.
Henry Butcher Malaysia (Penang) director Dr Teoh Poh Huat says the Penang property market sentiment is still positive.
”High net-worth Penangites living overseas still have confidence in the local property market. Thus, the property values look set to grow, particularly for those properties which are well designed, in good locations, and underpinned by a reputable developer,” he says.
Meanwhile, Henry Butcher Seberang Prai senior manager Fook Tone Huat says the price for properties in Central Seberang Prai has appreciated by about 20% since 2010.
“In prime locations of Seberang Prai, a semi-detached house is now priced about RM750,000, compared with about RM600,000.
“A terraced house in a similar location is now priced about RM350,000 compared with about RM280,000 two years ago.
”Similarly, a bungalow in a Seberang Prai prime location is now about RM1mil, about 20% more than two years ago,” he says.
The value of commercial properties in Seberang Prai has also appreciated by about 20% compared to 2010, Fook adds.
”A three-story shoplot in BM Business Park is now priced around RM700,000.
”The value of properties in Seberang Prai is now on the rise because more people are investing in properties on the mainland as the second bridge is scheduled to be completed soon and more funds are coming into the industrial park of South Seberang Prai,” he says.
From SP Setia, there are RM1.288bil worth of properties to be undertaken for the South-West district in the second half and in 2013, while the remaining RM1.275bil of projects are planned for Tanjung Bungah and Sungai Nibong in the North-East district.
These projects include the RM250mil Setia Triangle launched in June, a commercial cum residential scheme in Sungai Ara, the RM335mil Setia Greens 2 in Sungai Ara and a RM53mil condominium project in Teluk Kumbar which will be launched end of 2012 and in early 2013 respectively.
Wave and Breeze
In 2013, SP Setia plans to launch the Wave and Breeze condominium projects for Setia Pearl Island in Sungai Ara, with a GDV of RM350mil and RM300mil respectively, and a RM175mil condominium project in Sungai Nibong.
In the North-East district of the island, SP Setia's plan is to launch a RM1.1bil mixed-development project in Tanjung Bungah.
“Land on the island is becoming scarce. Since SP Setia wants to continue playing a dominant role in the property market on the island, it is seizing every opportunity to expand its land bank, capitalising on attractive deals,” SP Setia Property (North) general manager Datuk S. Rajoo says.
Penang-based Ideal Property Sdn Bhd has lined up residential and commercial projects with a collective GDV of RM1.1bil for the South-West district from now till the second quarter 2013.
The group plans to launch in August the RM400mil Imperial One project in Sungai Ara on a 9.1-acre site, comprising 768 units of condominiums with built-up areas of 1,050 sq ft and 1,250sq ft priced between RM399,000 and RM499,000 per unit.
The RM400mil Imperial Two, which is waiting for approval and likely to be launched in the second quarter of 2013, comprises properties to be priced between RM400,000 and RM550,000.
Early next year, Ideal plans to launch the first phase of the Ideal Vision Park, a RM1.5bil mixed-development scheme comprising 1,945 units of residential and commercial properties and 550,000sq ft of commercial space.
The first phase comprises RM300mil worth of high-rise residential and commercial properties, which will be priced between RM400,000 and RM600,000. There are four more phases for Ideal Vision Park that will be launched in stages in 2014 and 2015.
Ideal Property managing director Datuk Alex Ooi said the stability of construction material prices allowed developers to build more affordably priced properties that had a wider appeal.
”This is why we are able to focus on building properties priced between the RM400,000 and RM600,000 range,” Ooi adds.
Sunway is undertaking the RM200mil Sunway Cassia project in Batu Maung in November, which comprise 59 units of three-story terraced homes.
IJM Land plans to launch in late 2012 the RM85mil Trehaus scheme, comprising 26 semi-detached properties and 46 villa condominiums, in Bukit Jambul.
In the North-East district, its projects comprise the RM350mil Light Collection III, comprising 190 condominiums and duplex townhouses next to the Penang Bridge on the island. Ivory Properties Group Bhd (IPGB) plans to launch in the second half of 2012 approximately RM1.6bil worth properties on the island.
These projects comprised the first phase of Bayan Mutiara, which has a GDV of about RM800mil, the third and fourth phases of the residential towers for Penang Times Square, which has a RM300mil GDV, a RM130mil sea-fronting condominium block in Batu Ferringhi, and the RM400mil City Mall and City Residence project in Tanjung Tokong.
Elsewhere, Mah Sing plans to launch RM180mil worth of low-rise condominiums in the Batu Ferringhi tourist belt later this year.
Group chief operating officer Teh Heng Chong says Mah Sing will focus on residential properties priced below RM1mil in Penang, Kuala Lumpur, and Johor.
At present, about 70% of our launches are in this price segment, which comprises mainly small serviced residences and linked homes.
In Seberang Prai, the projects planned include the RM185mil Sunway Wellesley by Sunway, comprising residential and commercial properties, and the RM173mil Permatang Sanctuary scheme, comprising 300 semi-detached and bungalow properties.
The Permatang Sanctuary semi-detached properties are priced from RM438,000 onwards, while the bungalows from RM625,000 onwards.
By The Star
Friday, July 13, 2012
Property fair gets off to a good start
GEORGE TOWN: The Star Property Fair 2012 got off to a good start with exhibitors expressing surprise over the big turnout of visitors despite it being a weekday.
Many exhibitors said they received enquiries and even closed sales within the first two hours of the fair’s opening at Gurney Plaza and G Hotel here at 10am yesterday.
IJM Land senior manager (sales and marketing) Patsy Lee said she was overwhelmed by the encouraging response as they sold three condominium units shortly after the fair was opened to the public.
“There were about 50 enquiries on our various projects. Based on our conversations with those who made enquiries, they were serious buyers.
“It seemed they have done their homework as most of the questions they asked were pertinent to our projects,” she said.
Asia Green Group director Tan Li Mei said she was thrilled over the large crowd at the company’s booths.
“We normally expect people to come either at night or during weekends. But the turnout was good, considering that it is a Thursday,” Tan said.
Ivory Properties Group Bhd senior marketing executive Koay Tze Chung said the response on the first day of the fair was better compared to previous years.
“Many of them came well prepared by asking all the relevant details on our projects. We expect them to return during the weekend once they have finished conducting surveys at the fair today (yesterday),” he said.
SP Setia Bhd sales and marketing property division (North) senior executive Agnes Chua said they received about 40 enquiries for one of their condominium projects.
“It is a weekday but there is already a sizeable turnout at the fair. We expect things to get better as the fair goes on,” she said.
Fifty exhibitors, including financial institutions and investment companies, are taking part in the four-day fair which is touted as Malaysia’s premier showcase for stylish living.
The fair, organised by The Star for the 10th year, is open from 10am to 10pm daily until Sunday. Admission is free.
By The Star
Thursday, June 14, 2012
Expo offers all kinds of everything under one roof
The Perfect Home Living 2012 will be the perfect place to source for any home or commercial building improvement items and fixtures.
To be held at Stadium Indera Mulia from July 12 to 15, the exposition would showcase anything from furniture to furnishings, decorative items to home entertainment systems.
Perfect Home Living Sdn Bhd executive director Karen Law said visitors would be spoilt for choices with 100 exhibitors taking up 365 booths covering up to 8,000 sqm of exhibition space.
“Visitors will get to choose from a diverse range of quality products and services at affordable prices.
“We are targeting 80,000 visitors throughout the four-day event,” said Law.
The exposition opens from 10am to 10pm daily. Admission is free.
For details, visit www.perfecthomeliving.com.my or call 019-5260187.
By The Star
To be held at Stadium Indera Mulia from July 12 to 15, the exposition would showcase anything from furniture to furnishings, decorative items to home entertainment systems.
Perfect Home Living Sdn Bhd executive director Karen Law said visitors would be spoilt for choices with 100 exhibitors taking up 365 booths covering up to 8,000 sqm of exhibition space.
“Visitors will get to choose from a diverse range of quality products and services at affordable prices.
“We are targeting 80,000 visitors throughout the four-day event,” said Law.
The exposition opens from 10am to 10pm daily. Admission is free.
For details, visit www.perfecthomeliving.com.my or call 019-5260187.
By The Star
Saturday, April 28, 2012
Mapex Penang rakes in record RM90m
KUALA LUMPUR: Property developers at the recent Mapex Penang 2012 property exposition clinched a record RM90 million in sales.
Themed "The Most Lau Juak Property Show", the property expo showcased the newest property developments in the market across Malaysia.
"The record expo sales figures are testimony that the appetite for properties remained strong and even far exceed expectations in some cases," Real Estate And Housing Developers' Association (Rehda)-Penang Branch said in a statement.
Mapex Penang was organised by iProperty.com Malaysia on behalf of Rehda Penang.
According to the association, IJM's collection of 'The Light' properties were popular among visitors over the three-day expo, with 12 units sold for over RM15 million.
"Magna Putih's Mansion One development was snapped up totaling over RM11 million, with 19 units sold. Land & General also enjoyed brisk sales with 19 units worth over RM11 million sold," it said.
Visitors to Mapex Penang also had a chance to listen to leading property experts talking about sound property investment decisions during the seminar sessions.
Popular among visitors was a presentation by Richard Oon from ConsulNet Tax Services, on tax implications of property transactions. Another crowd pleasure was a session on benefits of buying property from developers by property investment guru, Milan Doshi.
Those interested in foreign investment were given tips and tricks on property investment in Australia by Ameer Abas from OZ Property Group.
Attractive prizes worth over RM70,000 from Deep Living, Signature Kitchen, KaraBest and Korea Wallpaper were awaiting visitors at the exhibition.
Rehda Penang chairman Datuk Jerry Chan Fook Sing said the association has achieved its aim in helping home buyers find their dream homes during the expo.
"I am proud that, together with our partnership with iProperty.com Malaysia, we have once again contributed to the growth of the industry as we saw participating property developers enjoying brisk sales, while connecting with property hunters in Penang," Rehda Penang chairman Datuk Jerry Chan Fook Sing said.
By Business Times
Themed "The Most Lau Juak Property Show", the property expo showcased the newest property developments in the market across Malaysia.
"The record expo sales figures are testimony that the appetite for properties remained strong and even far exceed expectations in some cases," Real Estate And Housing Developers' Association (Rehda)-Penang Branch said in a statement.
Mapex Penang was organised by iProperty.com Malaysia on behalf of Rehda Penang.
According to the association, IJM's collection of 'The Light' properties were popular among visitors over the three-day expo, with 12 units sold for over RM15 million.
"Magna Putih's Mansion One development was snapped up totaling over RM11 million, with 19 units sold. Land & General also enjoyed brisk sales with 19 units worth over RM11 million sold," it said.
Visitors to Mapex Penang also had a chance to listen to leading property experts talking about sound property investment decisions during the seminar sessions.
Popular among visitors was a presentation by Richard Oon from ConsulNet Tax Services, on tax implications of property transactions. Another crowd pleasure was a session on benefits of buying property from developers by property investment guru, Milan Doshi.
Those interested in foreign investment were given tips and tricks on property investment in Australia by Ameer Abas from OZ Property Group.
Attractive prizes worth over RM70,000 from Deep Living, Signature Kitchen, KaraBest and Korea Wallpaper were awaiting visitors at the exhibition.
Rehda Penang chairman Datuk Jerry Chan Fook Sing said the association has achieved its aim in helping home buyers find their dream homes during the expo.
"I am proud that, together with our partnership with iProperty.com Malaysia, we have once again contributed to the growth of the industry as we saw participating property developers enjoying brisk sales, while connecting with property hunters in Penang," Rehda Penang chairman Datuk Jerry Chan Fook Sing said.
By Business Times
Saturday, April 14, 2012
Bumiputera property expo sees RM50m sales
The 5th Bumiputera Property Exhibition 2012 (BPEX 2012) is projecting RM50 million in sales and some 30,000 visitors this year.
The expo, which started yesterday at the Mid Valley Exhibition Centre in KL, will end tomorrow. It showcases RM2.3 billion worth of properties located mainly within the Klang Valley and Negri Sembilan.
A total of 50 property developers showcased their current and future development at BPEX 2012 including IJM Land, MK Land, SP Setia and Sime Darby Properties.
The properties featured include both residential and commercial developments ranging between RM70,000 and RM7 million per unit.
"About 60 per cent of our visitors are those looking for residential properties.
"BPEX 2012 is like a one-stop centre for those looking for residential areas within the Klang Valley," said organiser MMC Sdn Bhd managing director Shikin Taib.
"The exhibition also gives a chance to those who are looking for a house under the My First Home Scheme," she added.
There will be two more series of BPEX 2012 this year, which will be held between July 14 and 15, and November 23 and 25 at the Putra World Trade Centre here.
By Business Times
The expo, which started yesterday at the Mid Valley Exhibition Centre in KL, will end tomorrow. It showcases RM2.3 billion worth of properties located mainly within the Klang Valley and Negri Sembilan.
A total of 50 property developers showcased their current and future development at BPEX 2012 including IJM Land, MK Land, SP Setia and Sime Darby Properties.
The properties featured include both residential and commercial developments ranging between RM70,000 and RM7 million per unit.
"About 60 per cent of our visitors are those looking for residential properties.
"BPEX 2012 is like a one-stop centre for those looking for residential areas within the Klang Valley," said organiser MMC Sdn Bhd managing director Shikin Taib.
"The exhibition also gives a chance to those who are looking for a house under the My First Home Scheme," she added.
There will be two more series of BPEX 2012 this year, which will be held between July 14 and 15, and November 23 and 25 at the Putra World Trade Centre here.
By Business Times
Friday, March 23, 2012
Naza TTDI expects RM315m sales at property carnival
The developer of the RM15 billion KL Metropolis project in Kuala Lumpur will offer buyers several incentives for some of its signature developments in the Klang Valley.
The incentives include attractive rebates and low down payments, in addition to fast loan approval.
Some of the prized properties that will be on offer during the carnival include residential units at TTDI Alam Impian in Shah Alam, TTDI Grove in Kajang and The Valley in Ampang.
For TTDI Alam Impian, Naza TTDI is offering two- and three-storey linked residences in Zircona, linked and super-linked residences in Aquina and linked residences in Sephira.
At TTDI Grove, units available include two-storey link homes in Dhania, Ellenia and Azalia.
The Valley will introduce three-storey linked homes and exclusive villas.
There will also be commercial units for its projects like TTDI Adina in Shah Alam, the second phase of the TTDI Dualis Business Centre in Equine Park, Seri Kembangan, and TTDI Grove Square 1.
Combined, 276 residential and commercial units will be available for sale during the two-day carnival.
The property carnival will be held from March 24 to March 25 at the TTDI Adina Sales Gallery in Section 13, Shah Alam.
By Business Times (by Sharen Kaur)
Saturday, March 17, 2012
Property carnival in Kajang
MKH Berhad, formerly known as Metro Kajang Holdings Berhad, has launched a property carnival at MetroPoint Complex Mall in Kajang which is open until Sept 30.
The MKH Berhad Property Carnival 2012 showcases projects from the developer for buyers to select their dream houses or for investment.
There are eight projects — apartments, condominiums, terrace houses, semi-detached houses, bungalows and shoplots — available.
The built-up areas range between 850sq ft and 5,000sq ft with price starting from RM220,000.
Customers who bought property during the carnival period only need to pay 5% for downpayment and a rebate up to 5% will be given.
Buyers need not pay the legal fee for sale and purchase agreement and memorandum-of-transfer stamp duty.
They will also get an MKH buyer programme worth up to RM3,000 and can sign up for loyalty programmes for more benefits.
Visitors to the fair can also take part in many interesting games and there are attractive prizes worth RM50, 000 up for grabs.
MKH Berhad group managing director Datuk Eddy Chen Lok Loi said the company thanked the public and business partners for all the support it received over the past 35 years.
“We will always improve ourselves and hope we can meet the demands by our customers.
“We are expanding and have developed housing areas outside Kajang such as Puncak Alam, Melawati and Bangsar,” he said.
Chen said the abolishment of toll charge for two toll plazas at the Cheras-Kajang Highway and the MyRapid Transit Sungai Buloh-Kajang line should be seen as a plus point by homebuyers.
“With property prices ever increasing, they should buy now especially in the affordable range,” he said.
For details, call 03-8737 2323 or visit www.mkhberhad.com
By The Star
The MKH Berhad Property Carnival 2012 showcases projects from the developer for buyers to select their dream houses or for investment.
There are eight projects — apartments, condominiums, terrace houses, semi-detached houses, bungalows and shoplots — available.
The built-up areas range between 850sq ft and 5,000sq ft with price starting from RM220,000.
Customers who bought property during the carnival period only need to pay 5% for downpayment and a rebate up to 5% will be given.
Buyers need not pay the legal fee for sale and purchase agreement and memorandum-of-transfer stamp duty.
They will also get an MKH buyer programme worth up to RM3,000 and can sign up for loyalty programmes for more benefits.
Visitors to the fair can also take part in many interesting games and there are attractive prizes worth RM50, 000 up for grabs.
MKH Berhad group managing director Datuk Eddy Chen Lok Loi said the company thanked the public and business partners for all the support it received over the past 35 years.
“We will always improve ourselves and hope we can meet the demands by our customers.
“We are expanding and have developed housing areas outside Kajang such as Puncak Alam, Melawati and Bangsar,” he said.
Chen said the abolishment of toll charge for two toll plazas at the Cheras-Kajang Highway and the MyRapid Transit Sungai Buloh-Kajang line should be seen as a plus point by homebuyers.
“With property prices ever increasing, they should buy now especially in the affordable range,” he said.
For details, call 03-8737 2323 or visit www.mkhberhad.com
By The Star
Friday, February 17, 2012
Exhibition hopes to attract overseas developers
The Malaysia Property Exposition (Mapex) 2012, to be held from March 2 to 4 at Halls 1, 2 and 3 of the Mid Valley Exhibition Centre in Mid Valley, will be opening its doors to top property developments from abroad.
Info: Ng (left) and KL Rehda chairman NK Tong showing the promotional material for Mapex 2012.
The event, themed “Home and Abroad”, is jointly organised by Rehda Malaysia with Rehda Kuala Lumpur and Selangor.
It will feature international property players with properties from overseas.
As of now, companies with projects in Thailand and the Philippines have registered their participation and Mapex is now awaiting confirmation from Australian participants as well.
Mapex 2012 committee chairman Datuk Ng Sieng Liong said the event would attract foreign investors to invest in Malaysia and with it promote tourism at the same time.
“Malaysians are the biggest investors in Singapore and nowadays, with just 10 to 12 hours of travelling, you can be in any part of the world.
“We also want foreign investors to come to Malaysia and invest,” said Ng, adding that more than 50,000 people were targeted to visit the exhibition.
Over 65 developers from the local and international arena have registered for Mapex, showcasing over 300 housing developments including Sime Darby Properties, SP Setia Bhd, Mah Sing Properties, Lebar Daun Development and Seri Pajam Development.
The developers will be showcasing various developments in Selangor, Kuala Lumpur, Johor, Malacca, Negri Sembilan, Pahang and Perak.
Major banks and financial institutions will also be offering attractive and competitive finance packages for buyers at Mapex including Bank Simpanan Nasional and Bank Mualamat.
There will also be talks on topics of interest to house buyers such as safety and financing during the three-day exhibition.
The exhibition is open from 10am to 9pm daily. Admission is free.
By The Star
The event, themed “Home and Abroad”, is jointly organised by Rehda Malaysia with Rehda Kuala Lumpur and Selangor.
It will feature international property players with properties from overseas.
As of now, companies with projects in Thailand and the Philippines have registered their participation and Mapex is now awaiting confirmation from Australian participants as well.
Mapex 2012 committee chairman Datuk Ng Sieng Liong said the event would attract foreign investors to invest in Malaysia and with it promote tourism at the same time.
“Malaysians are the biggest investors in Singapore and nowadays, with just 10 to 12 hours of travelling, you can be in any part of the world.
“We also want foreign investors to come to Malaysia and invest,” said Ng, adding that more than 50,000 people were targeted to visit the exhibition.
Over 65 developers from the local and international arena have registered for Mapex, showcasing over 300 housing developments including Sime Darby Properties, SP Setia Bhd, Mah Sing Properties, Lebar Daun Development and Seri Pajam Development.
The developers will be showcasing various developments in Selangor, Kuala Lumpur, Johor, Malacca, Negri Sembilan, Pahang and Perak.
Major banks and financial institutions will also be offering attractive and competitive finance packages for buyers at Mapex including Bank Simpanan Nasional and Bank Mualamat.
There will also be talks on topics of interest to house buyers such as safety and financing during the three-day exhibition.
The exhibition is open from 10am to 9pm daily. Admission is free.
By The Star
Friday, February 10, 2012
Foreign developers set to mark presence at Mapex
Mapex chairman Datuk Ng Seing Liong said up to five foreign property developments in Thailand, Australia, the UK and the Philippines are likely to be featured at the event to be held from March 2 to March 4.
To date, companies with projects in Thailand and the Philippines have registered to participate and the organiser, Real Estate and Housing Developers' Association Malaysia (Rehda), is still awaiting confirmation from the Australian participants.
The Thai company will be promoting a property development in the UK as well, he told a press conference here yesterday.
Ng said at least 50,000 visitors are expected at the event, themed "Home and Abroad", which will be held at the Mid Valley Exhibition Centre and "we expect thousands of transactions to take place".
Mapex brings together a wide range of innovative property development, priced above RM240,000, from those under construction to completed projects, as well as offering financing packages for potential purchasers and investors.
He said Mapex will be a useful platform for international participants to showcase their projects to the Malaysian public apart from giving them the opportunity to meet top Malaysian developers.
As for the local players, 81 companies have confirmed their participation showcasing more than 300 housing developments, including Sime Darby, SP Setia, Mah Sing, Malton Bhd, IJM Properties, Lebar Daun Development, Naza TTDI, I&P Group and a few more.
Ng said the property market in Malaysia is still a sustainable industry and based on the country's population, 100,000 new houses are needed annually.
"And Klang Valley is still where the property market is most active, followed by Penang and Johor Baru," he said.
He added that the trend among Malaysians is still towards properties that are landed and in the urban areas, but "these properties are getting scarce and becoming more expensive".
Meanwhile, the second national-level Mapex will be held from October 19 to October 21.
By Business Times
Thursday, December 8, 2011
RM26m properties sold at HomeGuru event
More than RM26 million worth of property was snapped up by Singaporean property buyers at HomeGuru’s inaugural Malaysia Property Showcase in Singapore on Dec 3-4.
The event drew almost 900 property buyers and saw over 300 units of real estate sold. It involved the participation of six leading Malaysian developers, namely Andaman Group, Iereka Corporation Bhd, Lone Pine Group, Sime Darby Property, The Haven Sdn Bhd and UEM Land.
In a statement today, PropertyGuru Group chief executive officer Steve Malhuish said, "In collaboration with its Singaporean counterpart, PropertyGuru.com.sg, HomeGuru established the Malaysia Property Showcase 2011 to create awareness of key Malaysian developments regionally, especially amongst interested investors in Singapore, Indonesia, Hong Kong and Thailand.
It functioned as an optimal platform for the participating developers to network amongst each other and with prospective international investors, he added.
Noting the event's success, Andaman Group head of sales and marketing Datuk Vincent Tiew said: "We are very inclined towards participating in future showcases with PropertyGuru Group at the helm."
By Bernama
The event drew almost 900 property buyers and saw over 300 units of real estate sold. It involved the participation of six leading Malaysian developers, namely Andaman Group, Iereka Corporation Bhd, Lone Pine Group, Sime Darby Property, The Haven Sdn Bhd and UEM Land.
In a statement today, PropertyGuru Group chief executive officer Steve Malhuish said, "In collaboration with its Singaporean counterpart, PropertyGuru.com.sg, HomeGuru established the Malaysia Property Showcase 2011 to create awareness of key Malaysian developments regionally, especially amongst interested investors in Singapore, Indonesia, Hong Kong and Thailand.
It functioned as an optimal platform for the participating developers to network amongst each other and with prospective international investors, he added.
Noting the event's success, Andaman Group head of sales and marketing Datuk Vincent Tiew said: "We are very inclined towards participating in future showcases with PropertyGuru Group at the helm."
By Bernama
Monday, November 28, 2011
Comments from fair visitors
Said NTV7 news anchor Sheahnee Iman Lee, “This is my first time attending the Star Property Fair. There are a variety of projects showcased by top developers."
Currently staying in a condominium in Shah Alam, Lee is looking for landed property with a built-up area of 325sq m (3,500sq ft) within the Klang Valley.
“I’m keeping my options open and hope to find a house that is spacious and convenient for me and my husband to travel to and from work," said Lee, who is expecting her second child.
Penangite Chin Yoon Ming, 29, was looking to buy a high-rise property near the Second-Link in Penang. “I’m looking for a three-bedroom condominium. My budget is around RM500,000."
This was Chin’s first time at the fair and he hoped that there will be more mid-range properties showcased in the next property fair.
Electrical engineer Laurence Xin from China has been staying in Malaysia for one-and-a-half years and was looking for a condominium unit within Mont' Kiara.
“My main priority is security. I want a place with good security,” said Xin. He was shopping for a condominium unit that was at least 279sq m (3,000sq ft) with a minimum of three bedrooms.
Touted as one of the first luxurious condominium developments in the Klang Valley overlooking a golf course, the Tropicana Grande project was one of the developments promoted at the Dijaya Corporation Bhd booth.
Located in Persiaran Tropicana, the Tropicana Grande development boasts a total of four blocks with only two units per floor – ensuring privacy and exclusivity.
With a total of 328 units, the most popular layout choices among the buyers were the "smaller" units, ranging from 212sq m (2,283sq ft) to 254sq m (2,733sq ft). Prices range from RM1.4mil to RM1.9mil.
For buyers with larger families, they can opt for the more spacious units that offer a built-up space from 308sq m (3,311sq ft) to 341sq m (3,666sq ft). Prices for these units start from RM2.4mil.
By The Star
Saturday, November 26, 2011
Cabinet nod for green guidelines
New township: (From left) Miss Universe Malaysia 2012 Kimberley Ann Estrop- Leggett, Lee, Chor and Tan looking at a residential model during The Star Property Fair 2011 at the Kuala Lumpur Convention Centre Friday.
KUALA LUMPUR: The Cabinet has approved a green neighbourhood and low carbon city framework and assessment system aimed at reducing the nation's carbon emissions.
Housing and Local Government Minister Datuk Seri Chor Chee Heung said the guidelines would bring the country a step closer to achieving the goal of reducing its carbon footprint by 40% by 2020 as announced by Prime Minister Datuk Seri Najib Tun Razak in Copenhagen last year.
“We are going all out to push the guidelines.
“Studies have shown that urbanisation contributes more than 50% of greenhouse gases released into the atmosphere. Our small cities and townships are getting bigger,'' Chor said after launching The Star Property Fair 2011 at the Kuala Lumpur Convention Centre yesterday.
Also present were Star Publications (M) Bhd executive deputy chairman Datuk Vincent Lee and chief events officer Iris Tan.
A Cabinet paper on the guidelines was approved yesterday, said Chor, adding that it was a joint collaboration between his ministry and the Energy, Green Technology and Water Ministry.
The guidelines, which would be distributed to local authorities, would promote 3R (reduce, reuse and recyle) practices as well as other environmental-friendly policies.
“We hope developers will help spur green neighbourhoods by providing more cycling and walking paths to reduce vehicle use.
“The guidelines are not compulsory but it makes good business sense to do it,” he said.
Chor also congratulated The Star for organising the property fair which had not only attracted developers but lifestyle companies as well.
“It is fair to say that The Star Property Fair is by far the largest. Congratulations for a fantastic job.”
On errant developers, Chor reiterated that the amendments to the Housing Development (Control and Licensing Act) 1966 would ensure “fly-by-night” operators are severely dealt with.
The Bill, which is expected to be tabled in Parliament soon, would see errant developers facing criminal charges and jail sentences for abandoning housing projects.
The Star Property Fair 2011 is open from 11am to 7pm and ends tomorrow. Entrance is free.
By The Star
Tuesday, November 15, 2011
Showcase of Negri properties
Properties worth about RM940mil will be up for grabs at the three-day Negri Sembilan Mapex to be held in Seremban beginning Nov 18.
The event, to be held at Seremban Parade, will be the biggest held to-date and will showcase dwellings priced as low as RM36,000 to a cool RM1.6mil.
State Real Estate and Housing Developers’ Association chairman S. Sivanyanam said 22 developers would be taking part in the event with 2,330 units ranging from single-storey terraces to bungalow lots up for sale.
“We had had to turn away several other developers due to space constraints. Despite this, we are confident that the Mapex will receive an even greater response from buyers this time around,” he told reporters.
Also up for sale at the event themed “Affordable, Accessible, Quality Living” are parcels of commercial land worth between RM729,000 and RM19.1mil, shop offices (RM180,000-RM1.28mil), bungalow lots (RM53,980-RM200,395) and single and double-storey semi-D units (RM260,000-RM1mil).
Among the 2,330 units, 469 are double-storey units, single-strorey terrace (436), double-storey semi-D (269), commercial units (260), shop offices (233), and low and medium-cost apartments (271).
Sivanyanam expressed confidence that more buyers from outside Seremban, particularly the Klang Valley will make a beeline to buy properties in Negri Sembilan during the event due to the much lower land prices.
“Some of the developers will also be offering incentives such as legal and disbursement fee waiver and stamp duty exemption and this will mean substantial savings for the buyers,” he said.
There would also be guaranteed rental returns, cash rebates and discounts, free feng shui consultation amd zero interest during construction of the said property.
Sivanyanam said at the state-level Mapex held from May 20 to 22 this year, 84 units of properties worth RM20.6mil were sold. Then, 1,630 properties worth about RM460mil were showcased.
This time around, a lucky draw of five 32-inch Samsung LED television sets will also be held on Nov 20 for all housebuyers.
All housebuyers who sign the sales and purchase agreement during the three-day Mapex will be entitled to a Touch&Go card worth RM110.
By The Star
The event, to be held at Seremban Parade, will be the biggest held to-date and will showcase dwellings priced as low as RM36,000 to a cool RM1.6mil.
State Real Estate and Housing Developers’ Association chairman S. Sivanyanam said 22 developers would be taking part in the event with 2,330 units ranging from single-storey terraces to bungalow lots up for sale.
“We had had to turn away several other developers due to space constraints. Despite this, we are confident that the Mapex will receive an even greater response from buyers this time around,” he told reporters.
Also up for sale at the event themed “Affordable, Accessible, Quality Living” are parcels of commercial land worth between RM729,000 and RM19.1mil, shop offices (RM180,000-RM1.28mil), bungalow lots (RM53,980-RM200,395) and single and double-storey semi-D units (RM260,000-RM1mil).
Among the 2,330 units, 469 are double-storey units, single-strorey terrace (436), double-storey semi-D (269), commercial units (260), shop offices (233), and low and medium-cost apartments (271).
Sivanyanam expressed confidence that more buyers from outside Seremban, particularly the Klang Valley will make a beeline to buy properties in Negri Sembilan during the event due to the much lower land prices.
“Some of the developers will also be offering incentives such as legal and disbursement fee waiver and stamp duty exemption and this will mean substantial savings for the buyers,” he said.
There would also be guaranteed rental returns, cash rebates and discounts, free feng shui consultation amd zero interest during construction of the said property.
Sivanyanam said at the state-level Mapex held from May 20 to 22 this year, 84 units of properties worth RM20.6mil were sold. Then, 1,630 properties worth about RM460mil were showcased.
This time around, a lucky draw of five 32-inch Samsung LED television sets will also be held on Nov 20 for all housebuyers.
All housebuyers who sign the sales and purchase agreement during the three-day Mapex will be entitled to a Touch&Go card worth RM110.
By The Star
Wednesday, November 2, 2011
Exhibition aims to draw higher property transactions this year
Eager buyers: Throngs of visitors flock to Perfect Lifestyle in search of great deals, bargains and rewards.
As an excerpt from a famous English poem goes, “Home is where the heart is”, this must be especially true for home buyers in Malaysia as property transactions are expected to exceed RM100bil in values this year from RM96.77bil in the first 11 months the year before.
According to the Valuation and Property Services Department, residential sales were chalking up some 62% of that value. Home owners are in for a treat as the 13th edition of the country’s premier Home & Living exhibition lands in Kuala Lumpur in November.
Perfect Lifestyle ’11, from the creators of the popular Perfect Livin Home and Lifestyle exhibition, opens its doors again at Mid Valley Exhibition Centre Kuala Lumpur from Nov 25 to 27.
Strengthening its position as the leading provider of a hassle-free one-stop solution platform for renovations, refurbishments, decorations, home innovations and improvements, Perfect Lifestyle ’11 will aim to visitors with an even higher level of satisfaction in terms of choice, deals and ideas.
With over 300 booths from more than 100 industry-leading exhibitors, Malaysia’s foremost exhibition is sure to whet the appetite of consumers in the home and living industry.
The exhibition has been strategically positioned at the tail-end of 2011 to capture the convergence of the fundamental needs of both the exhibitors and visitors. Exhibitors will be offering handsome deals for their products and services to boost year-end sales while visitors will make the most of the attractive deals to spruce up their homes in time to usher in 2012.
It’s been an insanely fast-paced year in terms of technological innovations in the electronics and electrical world.
As such, it’s bound to be another tremendously exciting affair on all fronts as major brands such as Panasonic, LG, Sharp, Electrolux, Joven and LeBensstil continue to showcase every conceivable items one could possibly want or need in our homes as well as cutting-edge innovations of the year.
For those in search of bedding solutions, popular brands such as Napure, Tempur and SpringAir will leave everyone spoilt for choice.
“The home is where one pours in one’s heart and soul,” said the exhibition organiser CNM Events Marketing managing director Datuk Adriana Law.
A self-made entrepreneur, Law is no stranger to the joys and intricacies of home improvements as she currently splits her time between running a business and her new home that is undergoing massive renovations.
“The residential property sub-sector remains the main mover of the property market. Perfect Lifestyle’11 will have plenty in store for everyone,” said Valuation and Property Services Department director-general Datuk Abdullah Thalith Md Thani.
Apart from an assembly of top exhibitors, the organisers pack the shows with an avalanche of activities and goodies such as guaranteed gifts, exciting contests, door gifts, daily lucky draws and cooking demonstrations.
By The Star
Thursday, October 6, 2011
20 firms to showcase projects at property fair
The public having a closer look at the model of a housing project at The Star Property Fair 2011 in Penang in July.
PETALING JAYA: About 20 developers and property-related companies will showcase their projects and management services at The Star Property Fair 2011 from Nov 25-27 at the Kuala Lumpur Convention Centre.
They comprise some of Malaysia's most well-known developers like Dijaya Corp Bhd, Sime Darby Property Bhd, Mah Sing Properties Sdn Bhd, Naza TTDI Sdn Bhd, Encorp Bhd, Setia Haruman Sdn Bhd, OSK Property Holdings Bhd, Sunway City Bhd, IOI Properties Bhd and Ivory Properties Group Bhd.
This is the third year Star Publications (M) Bhd is hosting the fair. Last year, the event attracted about 20,000 visitors.
Executive for events management Ian Qua said property investment continued to attract a lot of interest despite the global economic uncertainties. “Based on last year's numbers, we expect about 20,000 visitors (this year).
“This will be a good place to start for first-time property buyers as it will be an educational experience for them. For those who have made purchases previously, this will be a good event to go as the country's major developers will congregate at the convention centre. Much time and effort will be saved for housebuyers as they will be able to compare the different offerings and pricing,” he said.
As for the developers, Qua said they would be assured of a constant stream of visitors.
“It will be a win-win situation for both housebuyers and developers and those offering property-related services,” he said.
To make the event more interesting, there will be talks on feng shui, property investment and other topics at selected times during the three days.
Two popular feng shui masters David Koh and Joe Choo will share their insights, knowledge and experiences on various interesting topics with potential investors and house owners.
Gavin Tee will talk about why property purchases continue to be one the most popular forms of investment in today's economic climate.
Other speakers will discuss how the global economy impacts the property market.
By The Star
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