PENANG: Two good friends had always wanted to be neighbours since they got to know each other well seven years ago.
Their wish was fulfilled yesterday when they signed up for two medium-cost apartment units right next to each other at The Star Property & Home Fair 2004.
Businessman Ismadi Kamal Muhamad, 26, said he and marketing executive Kamarul Hisham Kamaruddin, 24, had been scouting around for a good buy for nearly three years.
On Friday, we had combed the booths at the fair in search of affordable housing units close to our workplaces in Relau.
God willing, we found units at the Desa Indah Relau project, which were going for RM68,000 each, he said.
Kamarul Hisham said they had called up their wives to seek their consent before signing up for the units, which had a built-up area of 650sq ft each.
There were not many choices left as the units in this project were being snapped up like hot cakes, he said, adding that they would bring their wives to view the scale model at the fair today.
Henry Butcher Malaysia section head (marketing) Michael Wong said about 150 housing units in the Desa Indah Relau project, worth over RM10mil, had been taken up in the first two days of the fair.
The response is simply overwhelming and we believe we can sell all 260 units of Block A by the end of the fair, he said.
IJM Properties Sdn Bhd sales and marketing manager Patsy Lee said the company closed deals worth about RM4mil for about a dozen units in various projects on the fair's first day.
We are seeing very encouraging sales so far through the fair, which has been fast gaining popularity since its inception last year, she said.
As the fair entered its second day yesterday, thousands of visitors flocked to the property booths in the main arena of the Penang International Sports Arena and the home fair in the concourse area.
The three-day event, which ends today, is open from 11am to 9pm.
There are more than 100 exhibitors taking up more than 200 booths.
It is organised by The Star, with Henry Butcher as the technical adviser for the forums.