AFFORDABILITY and location were two of the most important criteria for visitors seeking new property at the Penang International Property Expo (PIP) 2015.
Some property seekers were young couples looking to purchase their first home while some were were seeking larger homes to accommodate their growing families.
Among those spotted enquiring about Ramah Pavilion’s affordable housing scheme in Teluk Kumbar by M Summit Corporation Sdn Bhd was Norashidah Hussain, 41.
She visited the expo with her husband Mohamad Adzmi Abdul Jalil, 57, and two daughters.
Norashidah said she had been living in a compensated 560sq ft low-cost flat in Batu Ferringhi all her life and recently started searching for a bigger home.
“My children are growing up and soon we will need a more spacious home for them to live more comfortably,” she said when met on the second day of the expo at the Subterranean Penang International Convention and Exhibition Centre in Relau, Penang, on Saturday.
Norashidah, who is the sole breadwinner in her family following her husband’s retirement, said she earned around RM3,000 monthly.
She hoped to secure a unit costing less than RM200,000.
“It is very challenging for Penangites to get property that suit their budget because property prices rise while our salary remains the same,” lamented Norashidah.
Engineer K. Kanan, 38, hoped to buy landed property in Gelugor to make travelling more convenient between work and home.
“My wife and I, together with our two daughters, are currently living in a terraced house in Sungai Ara but we’re working in the town area.
“Gelugor would be an ideal place for us as it’s in a strategic location between the town and Bayan Lepas area.
“It is also easier to access the mainland from there,” he said.
The three-day expo which began on Friday is part of the Penang Property Summit 2015 which also features the Penang International Property Conference 2015.
Besides visiting exhibition booths by a wide range of property developers, the crowd also listened to a lineup of free public talks.
At the conference themed ‘Managing Future Trends and Challenges’, state executive councillor Chow Kon Yeow delivered a talk on ‘Directions of Penang Local Plan’.
The two-day conference from Friday was held at the same venue and saw various talks by industry players.