Prime prop­er­ties and prizes ga­lore

The Star Malaysia - Star2 - - STAR PROPERTY FAIR -

PROP­ERTY hun­ters look­ing for prime prop­er­ties with at­trac­tive deals must make a date with the Star Prop­erty Fair 2016 to be held at Sun­way Car­ni­val Mall in Se­berang Jaya, Pe­nang, from to­mor­row to Sun­day.

The four- day event from 10am to 10pm daily will fea­ture 13 ma­jor ex­hibitors show­cas­ing their lat­est of­fer­ings, es­pe­cially ar­chi­tec­tural gems in the north­ern and cen­tral re­gions.

Pre­pare to be daz­zled by the mas­ter­pieces of IJM Land Bhd, BDB Land Sdn Bhd, Ban­dar Kepala Batas Sdn Bhd ( sub­sidiary of Hunza Prop­er­ties Ber­had), UDA Land ( North) Sdn Bhd, Ewein Zenith Sdn Bhd, MBI Desa Ku Sdn Bhd, Reka In­dah De­vel­op­ment ( Pe­nang) Sdn Bhd, Ber­tam Prop­er­ties Sdn Bhd and Trop­i­cana Ivory Sdn Bhd.

Not to be left out are Tam­bun In­dah Land Ber­had, Aroma De­vel­op­ment Sdn Bhd and Golden Sands De­vel­op­ments, UK.

Vis­i­tors are bound to be spoilt for choice with the plethora of prop­er­ties rang­ing from lux­u­ri­ous landed to stun­ning high- rise res­i­dences, in­te­grated de­vel­op­ments as well as retail and of­fice spa­ces.

Al­though the fo­cus is pri­mar­ily on prop­er­ties in Pe­nang, the fair will also fea­ture de­vel­op­ments in Kedah and the United King­dom.

Ewein Zenith will be show­cas­ing the ex­quis­ite City of Dreams ( COD), Pe­nang’s new iconic land­mark lo­cated at the pres­ti­gious Seri Tan­jong Pi­nang ( Straits Quay), for the first time on the main­land.

Mar­keted by Zeon Prop­er­ties Sdn Bhd, the pro­ject con­sists of stun­ning twin 38- storey tow­ers hous­ing 572 units of all sea- view lux­ury ser­vice apart­ments.

The al­lure of high liv­ing is fur­ther in­ten­si­fied by the pres­ence of over 50 world- class ameni­ties for all your life­style needs.

Pur­chasers stand a chance to drive home a Fer­rari sports car in the spe­cial lucky draw for those who sign up for their dream home in this elite com­mu­nity.

East West One Hori­zon Plan­ta­tion Ber­had will also be on hand to pro­mote its oil palm plan­ta­tion- based in­ter­est scheme of­fer­ing high fixed con­trac­tual re­turns of up to 88% over an in­vest­ment du­ra­tion of eight years.

The Star Prop­erty Fair has al­ways been a re­sound­ing suc­cess.

Pre­vi­ous fairs, with the most re­cent one at Aman Cen­tral Mall, Alor Se­tar, in Jan­uary, recorded brisk trans­ac­tions de­spite wor­ries about an eco­nomic slow­down and dif­fi­culty in ob­tain­ing hous­ing loans.

An­other high­light is the Spin & Win con­test with prizes worth over RM50,000 up for grabs. The main prizes in­clude four units of Sam­sung Galaxy A7, four Sam­sung Tab A 8.0, four Sam­sung Galaxy J2 and Parkson vouch­ers, one each to be won over the four days.

Other at­trac­tive prizes in­clude Crab­tree & Eve­lyn, Calvin Klein, Marc Jacobs and Salvatore Ferragamo prod­ucts.

To par­tic­i­pate, sim­ply pur­chase a copy of The Star, cut out the con­test coupon, fill in your per­sonal par­tic­u­lars, an­swer a sim­ple ques­tion cor­rectly and re­deem it for a spin on the wheel.

Vis­i­tors who sign up for prop­er­ties dur­ing the fair will get 10 spins at the wheel! So do make a wise in­vest­ment and be re­warded in the process.

The fair with its ‘ one- stop shop’ op­por­tu­nity is in­deed a good place to start your prop­erty hunt.

Check out the show­case of stun­ning prop­er­ties, es­pe­cially de­vel­op­ments in Pe­nang, all un­der one roof.

Ac­cord­ing to the Malaysia Com­mer­cial Real Es­tate In­vest­ment Sen­ti­ment Sur­vey 2016, Pe­nang has now over­taken the Klang Val­ley as the most at­trac­tive place for prop­erty in­vest­ment.

Pe­nang has dis­lodged Kuala Lumpur’s Golden Tri­an­gle as the top in­vest­ment choice by gar­ner­ing 67% of the over­all re­sponses while the Golden Tri­an­gle slipped to fourth po­si­tion with 49%, fin­ish­ing be­hind KL Fringe/ Klang Val­ley ( 56%) and Jo­hor/ Iskan­dar ( 55%).

Pe­nang added an­other feather to its cap when Ge­orge Town was picked as the sixth “Best place to re­tire abroad in 2016” by CNN Money and as the se­cond “Best place in the world to re­tire” by travel mag­a­zine Condé Nast Trav­eller.

Five de­vel­op­ers will un­der­take RM4.33bil in prop­erty projects in Pe­nang this year de­spite a chal­leng­ing time for the prop­erty mar­ket.

The mostly res­i­den­tial prop­er­ties will be priced be­tween RM480,000 and RM3.3mil.

How­ever, Real Es­tate & Hous­ing De­vel­op­ers As­so­ci­a­tion ( Pe­nang) chair­man Datuk Jerry Chan said there would be fewer launches this year due to the dif­fi­cul­ties in ob­tain­ing bridg­ing and end- fi­nanc­ing loans from banks.

Long re­garded as the best hedge against in­fla­tion, the prop­erty sec­tor will al­ways tri­umph.

De­spite the high prices, in­vestors re­main up­beat be­cause de­mand for prop­erty con­tin­ues to out­strip sup­ply many times over.

Pe­nang in par­tic­u­lar will fore­see a fur­ther up­side in the prop­erty mar­ket given its land scarcity and var­i­ous on­go­ing in­fra­struc­ture de­vel­op­ments to­wards a bet­ter qual­ity of life.

Over on the main­land, five de­vel­op­ers will im­ple­ment RM1.378bil worth of projects in Se­berang Prai.

The lower land prices here will pro­vide them the flex­i­bil­ity to build qual­ity and in­no­va­tive homes at very at­trac­tive sell­ing prices.

The projects in­clude Tam­bun In­dah Land’s Pearl Tropika, Pearl Sauna and Pearl 28 at the ac­claimed Pearl City town­ship in Sim­pang Am­pat and IJM Land’s Sen­jayu Ter­race in Jawi.

Prop­erty value is ex­pected to rise by 2019 and 2020 so now is a good time to in­vest in prop­er­ties.

Thus, look no fur­ther than the much an­tic­i­pated Star Prop­erty Fair or­gan­ised by The Star Me­dia Group Bhd. Ad­mis­sion is free.

star Me­dia Group Bhd ac­count ser­vic­ing ex­ec­u­tive ( ad­ver­tis­ing) Del­phine Ooi show­ing some of the prizes to be given out to lucky win­ners of the spin & Win con­test.

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