RM500m worth of properties to be up for sale at Mapex

By Bernama Thursday, 26 July 2012 19:03

PETALING JAYA (July 26): Some RM500 million 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 have registered to take up 145 exhibition booths at the event where a total of 227 booths are expected to be set up. "Though we have not finalised the total number of foreign participants attending this year's Mapex, we expect properties on sale to be around RM500 million," he told reporters on Thursday. Mapex, a property exhibition event, is hosted by the Real Estate and Housing Developers' Association (Rehda). This year's three-day Mapex will be held at the Mid Valley Convention Centre here from Oct 19. Ng said Rehda is expecting at least 50,000 visitors to the exposition, which will also feature several talks by experts in the property investment and legal fields. "Mapex is an ideal platform 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 over the years, Mapex has 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. Among the developers who have confirmed their participation are S P Setia Bhd, Sime Darby Properties Sdn Bhd, Perbadanan Kemajuan Negeri Selangor (PKNS), IJM Properties Sdn Bhd, Berjaya Land Bhd, I & P Group Sdn Bhd, Lebar Daun Sdn Bhd and Sunway Integrated Properties. — Bernama