All set for booming success
THE Star Property Fair 2012 from July 12 to July 15 looks set to be a highly visited event with representatives from 40 property developers in-cluding major players like IJM Land Berhad and SP Setia Group attending a briefing.
IJM sales and marketing assistant manager Wan Zahrah Wan Abdullah said the company had been participating in the fair since its inception 10 years ago.
“We are taking part in the fair because it provides us with really good publicity.
“We do not have any new property to launch at the fair but we are expecting a lot of interest for our upcoming projects,” she said after the briefing at the G Hotel yesterday.
SP Setia sales and marketing manager Susie Loh said the company was looking forward to the fair.
She said the company had been taking part in the fair for 10 years.
“The fair always draws in the crowd as it is the largest such fair in the northern region. We have lined up a host of attractive promotions and packages for at least four projects.”
Ivory Properties Group Berhad corporate communications manager Ann Tan said the company would focus on the sale of its project, The Latitude in Mount Erskine, as well as the registration of The Wave at Penang Times Square.
“We look forward to the good turnout at the fair which is the best platform for us to showcase our quality and iconic homes to potential buyers.
“We have also not missed taking part in the fair as it is been a brand of its own and a yearly must- visit event for property buyers and investors,” she said.
Mah Sing Properties Sdn Bhd group central marketing head Jennifer Chow said visitors to the fair would be spoilt for choice as the company’s 11 projects would be featured.
“The fair conincides with our 18th anniversary celebration which started on June 16 and it will carry on until Sept 15.
“One of the highlights of the programme is the 2% ‘low downpayment’ for potential purchasers,” she said.
Chow added that selected banks would also offer pre-approved loan assessment services on the spot.
Sunway Bintang Sdn Berhad senior manager Venus Ho said the company would be featuring six projects in Penang, Ipoh and the Klang Valley during the fair.
“Visitors can register for their preferred projects. We will also be offering special packages for them.”
The briefing was conducted by Star Publications (M) Bhd marketing services executive Eric Voon.
Touted as Malaysia’s premier showcase for stylish living, the three-day property extravaganza will be held at the Gurney Plaza and adjoining G Hotel.
Organised by The Star for the 10th year, the fair will be opened to the public from 10am to 10pm daily. Admission is free.
To date, 43 exhibitors, including financial institutions and investment companies, have confirmed their participation.
Other major players included DNP Land, Oriental Realty, Modular Platinum (Ideal Property), Bukit Kiara Properties, Andaman Property, Henry Butcher, KPWG International, Magna Putih, Province Valley and Tambun Indah Land.
This year’s new faces include Elite Forward, Sunrise Manner, Solid Tribute (Asia Green Group), GSD Land, Quantum Metro Deve-lopment, Zetapark Development, East West One Consortium, PJD Eastern Land, Airmas Management, Property Talk, Avenue Properties and Popular Realty.
A special ‘Star-IJM Contest’ has been lined up for the fair. IJM Land is the official sponsor while Hong Leong Bank is the sponsor for the talks and forums.
Visitors who fill in the form published in the newspapers will be entitled to a lucky dip offering prizes including digital devices and tablets.
A booth will also be set up for those wanting to subscribe to The Star’s newspaper and ePaper bundle.
Source: The Star
Why every year, there will be a new company formed by this Ideal Property? Sign of good business or an attemp to deceit? Haha
Tax related kua… want to see what they are up to also… hehe.
Haha, because not ‘ideal’ name of the company, so, change name la.
Btw, Penang properties are still hot? I think there is drastic slow down of the demand and price, and take up rate for subsequent new project will be less than 50% after launch and need to slowly pick up during construction until completion.
There is drastic increase of vacant units on most of the houses in Penang island…..
I believe new projects below 600K still in demand in Penang.If locations like Tg.Tokong area where so many projects are currently coming up, you may need at last a million dollars to purchase a sizeable comfortable space.You say expensive but you’ll be surprise some even sold out before completed pilling.That is the scenerio now in Penang, I guess…..
Penang Island house is booming! How abt the market price in mainland, like prai, BM, Alma, & Tambun? Developer will try to move the project to mainland? Currently have some developer develop G&G concept houses in mainland like TropResi, HillPk, Jessel, Org, etc…
What is the new & second hand value for single storey & double storey in Penang mainland now?
Penang island house expensive, do you think ppl will buy house in mainland?
Yes, a lot youngster moved to Penang Mainland due to can’t affort the house in the island. So, what is the implication? Island will have the low income population (those live at LMC & flats); and those rich can affort condominium. Medium income population will mostly go for landed at mainland, or go for appartment in Island if mainland still not a good location for them.
In no more than 5 years from now, the Penang Island will reach RM500psf and above for condominium standard. As Teluk Kumbar now also got condominium launch with price RM350psf. You can’t find any condo with less than RM500psf in Island; while those prime area like Tanjung Tokong, Gurney Drive, etc….will hit RM1000psf. Even N-park, just appartment condo, high dense, old, water leaking, already sold at RM400psf and above.
You’re right.It’s going to be beyond our reach.If you prefer Pg Island to Butterworth side, then unless you move further away from those prime location.Nothing’s gonna change at the moment.
@Ah Dog
I will said the price trend is slowing down if not going downtrend yet..now the ‘short of supply’ feeling is only delusion as those projects with DIBS launched 2 – 3 years back not yet hit the market.. Going to be ‘game over’ in another 1 or 2 years when those new OC units hit….now is the last wave for developers, and everyone is rushing to launch new project!
I think that was the natural processes for house prices to go up then come down.
Now the demand was being fulfill by increase in supply then developer slow down their movement by more focus on land purchasing deal, once the demand come back then they will come back with more project.
Of course from time to time the concept of the project will change due to competition or changing of the life style.