The Malaysian Property Expo (MAPEX) 2013 in Penang raked in over RM100 million in sales, says iProperty.com.
In a note today, the country's number one property website said with expectation of closing more property sales in coming weeks, the three-day expo, which showcased 26 reputed real estate developers and property builders, attracted thousands of property buyers and investors.
iProperty said the record expo sales figures are testimony that the appetite for properties remained strong and even far exceeded expectations in some cases.
"Among the developers that generated high sales were IJM Properties Sdn Bhd, Katana Developments Sdn Bhd, Sayang Realty and Tambun Indah Land Bhd who collectively sold close to RM50 million," it added.
In a note today, the country's number one property website said with expectation of closing more property sales in coming weeks, the three-day expo, which showcased 26 reputed real estate developers and property builders, attracted thousands of property buyers and investors.
iProperty said the record expo sales figures are testimony that the appetite for properties remained strong and even far exceeded expectations in some cases.
"Among the developers that generated high sales were IJM Properties Sdn Bhd, Katana Developments Sdn Bhd, Sayang Realty and Tambun Indah Land Bhd who collectively sold close to RM50 million," it added.
"Despite the upcoming elections and the uncertainties of the market, MAPEX 2013 proves that the love affair for property still continues," he said.
He added that this was the second time iProperty.com Malaysia has partnered with the Penang Real Estate and Housing Developers' Association (Rehda) to organise MAPEX and the confidence that regional property developers, local
estate realtors and consumers have in the iProperty.com brand is a testament to the company’s strong brand presence.
Echoing the same sentiments, Rehda Penang Chairman Datuk Jerry Chan said: "I am thrilled by the response we had at MAPEX 2013.
"Rehda Penang and iProperty.com Malaysia both share the same vision, to help home buyers find their dream homes at the most affordable prices.
"Judging from the sales that our participating developers had, we certainly achieved that vision in Penang."
Leading property experts in the industry gave tips, tricks and advice on making sound property investment decisions at the expo's seminar sessions.-- Bernama
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