PETALING JAYA: The StarProperty Bumiputera Fair, one of Malaysia’s popular property exhibitions, has seen several home buyers and investors sealing their deals, taking advantage of the many offerings that are showcased by reputable developers
The fair is a must-visit for anyone looking to buy or invest in property in Malaysia. Home buyers will be able to take advantage of the bumiputra discounts and incentives.
In addition, they enjoy stamp duty exemptions of 75% to 100% under the Malaysian Family home ownership initiative or i-Miliki, the incentive under Local Government Development Ministry’s (KPKT) Home Ownership Programme (HOPE).
For homes valued at RM500,000 and below, the stamp duty exemption will be 100%.
For properties worth RM500,001 to RM1mil, first-home buyers can enjoy a 75% stamp duty exemption.
The exemption for sales and purchase agreements, which began on June 1 last year, will end on Dec 31, 2023.
Home buyers facing challenges with financing options can also find out more about the Malaysian Housing Financing Initiative (i-Biaya) from KPKT and its strategic partners at the event.
The developers include Matrix Concepts Holdings Bhd, IJM Land, Putrajaya Holdings Sdn Bhd, Gamuda Land and Sunsuria Bhd.
Home buyers can also find out loan information from the participating banks such as Bank Rakyat and BSN.
KPKT is also participating in the fair.
The fair features a wide range of residential and commercial properties, including high-rise condominiums and landed properties.
The exhibition, located at level 3 in Hall 2, IOI Grand Exhibition & Convention Centre, also highlights the latest trends and innovations in the property industry, providing attendees with valuable insights into the market and investment opportunities.
In addition to showcasing properties, the StarProperty Bumiputera Fair is also offering a range of exciting activities and events.
Property talks are conducted by industry experts, offering valuable advice on property investment and management.
In conjunction with Mothers Day, visitors to the fair will be given a slice of happiness in the form of Vanilla Crepes.
Visitors to the fair today, the final day, will be given a voucher for the cake, courtesy of Vanilla Crepe.
But be early as only RM4,000 worth of Vanilla Crepe vouchers will be given out on a first-come, first-served basis.
Visitors will be able to participate in the Visit & Win and Buy & Win activities and stand the chance to win attractive prizes worth up to RM5,000 and RM10,000 respectively.
Children can take part in the colouring contests in their respective age groups and stand to win prizes worth RM3,000.
Free balloons will be given out and congkak activities will be conducted.
Suria Wheelers will also be making their appearances from 2pm to 2.30pm today.
The StarProperty Bumiputera Fair has a long history of success, with previous events drawing large crowds and generating significant interest from investors and developers alike.
Admission is free. With so much to see and do, the StarProperty Bumiputera Fair is not to be missed for anyone looking to invest in the Malaysian property market.
For more info, visit the website https://fair.starproperty.my or StarProperty’s Facebook page.
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