By Kent Tan
Kuala Lumpur – The Malaysia Property Exposition (MAPEX) is back, and the first of a series of exhibitions planned for the year will be held at the traditional venue of Mid Valley Exhibition Centre from April 15-17.
According to its organiser, the Real Estate and Housing Developers’ Association (Rehda), the three-day event is expected to draw some 40,000 visitors who will have access to a host of new property options from 41 participating developers.
A key draw for the first Mapex of 2016 is its timely theme of “Home Ownership Through Smart Financing”.
Mapex Chairman Datuk Ng Seing Liong said this year’s event is designed to offer buyers easy access to desired properties as well as proper financial aid from participating financial institutions.
According to Ng, a common problem faced by developers over the past few years has been the fact that many willing buyers are unable to secure proper financing – either through lack of knowledge or an inability to overcome stringent bank rules.
While financial institutions such as Bank Islam Malaysia, Bank Simpanan Nasional and Hong Leong Bank have confirmed their participation in Mapex, Ng urged more banks to get involved to promote their home financing packages as well as provide the proper financial advice to buyers at the exhibition.
Among property developers taking part are big players such as IJM Land Bhd, BRDB Developments Sdn Bhd, Glomac Bhd, Ecoworld Development Group Bhd, MRCB Bhd, Bina Puri Developments Sdn BHd, Paramount Property (Glenmarie) Sdn Bhd, MKH Bhd, S P Setia Bhd, Sunsuria Bhd, Titijaya Land Bhd, Land & General Bhd and Low Yat Group.