Many visitors ever-present at the Star's annual exhibition

Sunday July 24, 2011

GEORGE TOWN: A number of visitors to The Star Property Fair 2011 are regulars who return year after year. Among them were university senior lecturer Dr Chai Kok Soon, 38, and his wife, sales director Lee Ning Ju, 34, who brought along their son Kah Xiang, four, and daughter Kah Wei, two.

Dr Chai said they had already invested in several properties in Penang and Singapore. “We are not looking for anything in particular, we just want to understand the market right now, what the trend is like,” said Lee.


“People are worried about the property prices which are quite high now. But it looks like the prices are still going up,” said Dr Chai. Businessman M. Shanker, 34, said property prices were about 30% to 40% higher than when he visited the fair last year. He said he had previously bought a condominium as an investment and was now looking for landed property, preferably a bungalow.

Manager Saw Heng Soo, 55, who also visited the fair last year, said property prices had gone up by about 20% to 30% per sqft this year.
“I'm looking at terrace houses but I prefer corner lots as they feel more like semi-detached units,” he said. Saw said he had bought a landed property in Paya Terubong but was looking for something in the Queensbay area as he expected property prices there to appreciate faster.

Housing and Local Government Minister Datuk Chor Chee Heung was among the VIPs who visited the four-day fair held at Level 2 of G Hotel and the ground floor of Gurney Plaza here.
Chor, who is also MCA vice-president, was accompanied by Star Publications (M) Bhd deputy group chief editor (I) David Yeoh and local MCA leaders during his visit on Friday.
The fair, in its ninth edition, is organised by The Star in collaboration with Henry Butcher Malaysia (Penang) Sdn Bhd and is touted as Penang's premier property expo.

There are 36 exhibitors, including IJM Land, Ivory Properties Group, Belleview Group, DNP Land Sdn Bhd, Nusmetro Venture (Pg) Sdn Bhd, Sunway Grand Sdn Bhd, Mah Sing Group Bhd, MTT Properties and Development Sdn Bhd, Reka Indah Development (Pg) Sdn Bhd, Ideal Property Sdn Bhd, SP Setia and Boon Siew Group (BSG Property).

Other exhibitors include Plenitude Heights Sdn Bhd, Triental Land Sdn Bhd, GD Development Sdn Bhd, Lone Pine Group of Companies, ResCom Asia Sdn Bhd, Capitawealth International Sdn Bhd, KPWG International Sdn Bhd, Tambun Indah Development Sdn Bhd, Bukit Kiara Properties Sdn Bhd, E&O Bhd and Jalin Realty.

Henry Butcher is also featuring projects by Magna Putih Sdn Bhd and several properties in Australia and England by various developers. A popular feature of the fair is the series of talks related to property, investment, financing, law, heritage and feng shui held in the stage area at the new wing of Gurney Plaza and in Salon III and IV at G Hotel.

Visitors stand a chance to win prizes totalling RM30,000 in the “Surf, Click & Win” contest sponsored by IJM Land. Ten prizes are up for grabs, including a 32-inch Samsung LCD television, Acer Iconia Tabs, Samsung Galaxy Tabs and Parkson vouchers.
To participate, cut out the “Surf, Click & Win” coupon in The Star.

There is also a cut-out coupon in The Star for redemption of a mystery gift each at The Star circulation booth on the ground floor of Gurney Plaza's new wing on a first-come-first-served basis. Hong Leong Bank Bhd is sponsoring RM5,000 worth of mystery gifts. The fair, open from 10am to 10pm, ends today. Entry is free.

12:19 PM | |

 

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