News
Mapex 2012 Expects Property Sales Of BTW RM50 Million-RM100 Million
20-Jan-2012
KUALA LUMPUR, Jan 19 (Bernama) -- The Malaysia Property Exposition (Mapex) 2012 is expected to clinch property sales of between RM50 million and RM100 million, underpinned by strong demand, said organising committee chairman Datuk Ng Sieng Liong.
The three-day expo, organised by the Real Estate and Housing Developers' Association Malaysia (REHDA), will be held at Mid Valley Exhibition Centre beginning March 2.
"REHDA is optimistic that the underlying demand for houses in the country remains strong supported by local and foreign buyers," he said when releasing the findings of the "REDHA Property Survey Report for the Second Half of 2011" here today.
The study revealed that 28 per cent, out of 148 companies that took part in the survey, said their property launches attracted buyers from Singapore, South East Asia and China.
Johor recorded the highest number of property purchases by foreigners followed by Pulau Pinang, Selangor and Kuala Lumpur.
"The expo is set to be an ideal platform for industry players to showcase and market their projects.
"Mapex would facilitate buyers with a wide range of choices and ensure they make informed decisions," he added.
To date, over 50 developers have registered to showcase their property projects at the expo including Sime Darby Property, Lebar Daun Development, I&P Group, Malton, IJM Properties and Seri Pajam Development.
The participating developers will showcase developments spread over Selangor, Kuala Lumpur, Johor, Melaka, Negeri Sembilan, Pahang and Perak.
BERNAMA | January 19, 2012
20-Jan-2012
KUALA LUMPUR, Jan 19 (Bernama) -- The Malaysia Property Exposition (Mapex) 2012 is expected to clinch property sales of between RM50 million and RM100 million, underpinned by strong demand, said organising committee chairman Datuk Ng Sieng Liong.
The three-day expo, organised by the Real Estate and Housing Developers' Association Malaysia (REHDA), will be held at Mid Valley Exhibition Centre beginning March 2.
"REHDA is optimistic that the underlying demand for houses in the country remains strong supported by local and foreign buyers," he said when releasing the findings of the "REDHA Property Survey Report for the Second Half of 2011" here today.
The study revealed that 28 per cent, out of 148 companies that took part in the survey, said their property launches attracted buyers from Singapore, South East Asia and China.
Johor recorded the highest number of property purchases by foreigners followed by Pulau Pinang, Selangor and Kuala Lumpur.
"The expo is set to be an ideal platform for industry players to showcase and market their projects.
"Mapex would facilitate buyers with a wide range of choices and ensure they make informed decisions," he added.
To date, over 50 developers have registered to showcase their property projects at the expo including Sime Darby Property, Lebar Daun Development, I&P Group, Malton, IJM Properties and Seri Pajam Development.
The participating developers will showcase developments spread over Selangor, Kuala Lumpur, Johor, Melaka, Negeri Sembilan, Pahang and Perak.
BERNAMA | January 19, 2012