Exhibitors achieve targets


  • Nation
  • Monday, 27 Sep 2004

PENANG: Response from house buyers to the three-day Star Property and Home Fair 2004 was overwhelming as many of the units promoted were snapped up.  

The new landmark Penang Times Square at Jalan Datuk Keramat generated a lot of interest with over 10 units, called Birch the Plaza service suites, being taken up at the event yesterday. 

Ivory Properties Group project planner Lee Ham Kong said they had achieved their target of selling over 10 units costing about RM250,000 each. 

An entire block of the Desa Indah Relau low-medium-cost apartment comprising 260 units were sold within two days of the pre-launching of the project at the fair. 

STAR ATTRACTION: Visitors crowding around a model of the new landmark Penang Times Square project at the Star Property and Home Fair 2004 which was held at the Penang International Sports Arena.

The project, by Alshem Development Sdn Bhd, was a hot favourite because each unit cost only RM68,000 but those who registered must go through a vetting process by the state Housing Board to ascertain their eligibility. 

The project’s sale and marketing consultant Lim Ewe Tatt from Henry Butcher said the overall response to the various projects it promoted was very good including some from expatriates interested in settling down here under the Malaysia My Second Home programme. 

The other project it was promoting, Leader Garden’s three-storey terrace houses costing about RM550,000, also met good response with 10 units being taken up. 

IJM Properties Sdn Bhd’s main attraction was its Bayswater condominium project followed by the E-gate office lots at Gelugor and Alpine condominium at Bukit Jambul Indah. 

Its sales and marketing manager Patsy Lee said many visitors registered for its Fairways luxury condominium and landed property project near Equatorial Hotel.  

VST Group of Companies managing director Yeoh Yih Sean said they sold 12 units of Casa Perdana semi-detached and terraced houses at Jalan Baru in Prai and were likely to hit 25 units including follow-up sales. 

“Response is very good and we are proud to be the first to close a sale on the first day of the fair when a unit of Casa Perdana was sold,” he said.  

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