Star property fair in JB a crowd-puller

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Three-day event drew property hunters from China, S’pore, Taiwan and Indonesia.

Three-day event drew property hunters from China, S’pore, Taiwan and Indonesia.

The StarProperty.my Fair 2015 at Johor Bahru City Square, Johor Baru, two weeks ago, saw a large crowd of visitors exploring various property exhibitions by numerous reputable developers.

The fair was organised by StarProperty.my in collaboration with premium partners IJM Land, Tropicana Corp Bhd and Matrix Concepts Holdings Bhd.

The exhibitors at the fair included I&P Group Sdn Bhd, UM Land and Belleview Group, a developer from Penang which joined the StarProperty.my Fair in Johor Baru for the first time.

I&P Group Sdn Bhd was promoting residential as well as industrial properties at the fair.

“We launched 83 units of double-storey link houses, Camwood @ Taman Pelangi Indah, priced from RM620,000 to RM1.86mil each on Sept 5.

“Apart from residential properties, we also have 25 industrial properties in our Taman Industri Jaya project near Jalan Selesa Jaya. We are targeting the local small and medium enterprises (SMEs) planning to relocate their operations to a well-planned industrial park as well as the SMEs from Singapore to set up their operations in Iskandar Malaysia,” said I&P Group Sdn Bhd Sales, Marketing and Product manager Arry Nazraun Ahmad.

Other participants were developers from China, namely R&F Development Sdn Bhd, an existing exhibitor which joined the previous Johor Baru fair, Macrolink International Land (M) Sdn Bhd and Country Garden Danga Bay Sdn Bhd, both of which were new exhibitors at StarProperty.my Fair.

Country Garden Danga Bay is the first China-based developer to feature a property development project in Iskandar Malaysia.

Country Garden Danga Bay Sales and Marketing general manager Easson Qian said the company was currently undertaking a multi-billion ringgit project located along the Danga Bay Waterfront Development area overlooking Singapore.

“Construction work of the 43 blocks of 9,539 high-end condominium units is at 30% progress level with 6,000 units already sold to buyers from Malaysia, Singapore, China, Taiwan and Indonesia,” he added.

R&F Development Sdn Bhd was glad to promote their project in Johor Baru once again. Phase One of their project is located on a 12.2-acre site and will comprise 1,400 condominium units in seven tower blocks.

The floor area of the condominium unit ranges between 469sq ft and 1,386sq ft, and all seven blocks are expected to be ready in mid-2018.

“We are marketing our R&F Princess Cove in Tanjung Puteri Johor Baru to our foreign buyers as a project north of Singapore as most of them do not know where Johor Baru is except Singaporeans.

“The strategy works well for us as the take- up rate for phase one of our project is encouraging with buyers from China, Indonesia, Singapore and Taiwan,” said R&F Development Sdn Bhd head of Sales and Marketing Johnny Chan.

Meanwhile, Macrolink International Land, a member of Macrolink Real Estate, is the latest developer from China to venture into Iskandar Malaysia. The company will launch its first property project outside of China in November.

Their project will comprise 1,005 units of high-end condominiums and 25 commercial lots sprawled across 11.7 acres in Medini, Nusajaya, Iskandar Malaysia.

For overseas projects, Oriental International Property Sdn Bhd introduced properties in the United Kingdom and Japan.

Other exhibitors which received positive response with sales transactions include Mah Sing Group, Tropicana Corp Bhd, UDA Land (South) Sdn Bhd, MB Group, Sunsuria Medini Sdn Bhd, Upline Profit Sdn Bhd and Galeri Tropika Sdn Bhd (a member of NCT Group of Companies) with property in Genting Highlands.

Over the three-day fair, the overall sales transactions was recorded at over RM50mil. Majority of the buyers were local, but there were also Singaporeans.

Property-related talks were also presented by four real estate experts – Khalil Adis, Master Sandy Paw, Dr Daniele Gambrel and Ryan Khoo.

At the end of the fair, RM33,000 worth of Senheng cash vouchers were given to 14 lucky winners. Three participants won the RM5,888 cash voucher, another three won the RM2,888 cash voucher, while the others won the RM888 cash voucher.

Out of the 14 winners, eight purchased from Mah Sing Group, four from Galeri Tropika Sdn Bhd, one from Khoo Soon Lee Realty Sdn Bhd and one from Horizon Hills.

Six Samsung Galaxy Tab 3 Lite and 30 one-year subscriptions of The Star ePaper worth RM350 were handed out to lucky participants who completed a short StarProperty.my survey.

The next two property fairs will be held at Queensbay Mall, Penang, from Oct 1 to 4, and Tropicana Mall, Petaling Jaya, from Oct 22 to 25.

For details on StarProperty.my Fair, visit fair.starproperty.my

Want to contribute articles to StarProperty.my? Email: editor@starproperty.my
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