[HAPPENING]: Malaysia Property expo (MAPEX) Kedah 2018

Malaysia Property Expo or better known as MAPEX had been organised every year for more than 30 years throughout the country by Real Estate and Housing Developers’ Association (REHDA) and by its States Branches. The biggest of the MAPEX events, organised twice yearly at Kuala Lumpur or Petaling Jaya, Selangor. The aim of MAPEX is to provide platforms for property developers in the country to showcase their development projects to potential property buyers.

In Kedah, MAPEX is organised by REHDA Kedah/Perlis Branch with the cooperation of Kedah State Government. This year, MAPEX Kedah is organised at two venues, namely,

• At Aman Central Shopping Complex, Alor Setar from Thursday 23 August to Sunday 26 August 2018
• At Amanjaya Mall, Sungai Petani from Thursday 30 August to Sunday 2 September 2018.

(The expo at both venues starts at 10 am to 10 pm daily.)

As Yang Amat Berhormat Dato’ Seri Haji Mukhriz bin Tun Mahathir is unable to attend due to other commitments, Yang Berhormat Tan Kok Yew will represent him to officially launched MAPEX Kedah 2018 on Thursday 23 August 2018 at Aman Central Shopping Complex, Alor Setar starting at 10.30 am. The launching ceremony shall be held at the foyer adjacent to the main entrance of the complex.

After the launching ceremony, Yang Berhormat Tan Kok Yew shall tour the exhibition, accompanied by Yang Berbahagia Dato’ Rick Cheng Wooi Seong, REHDA Kedah/Perlis Branch Chairman, Branch Committee Members and State dignitaries. This shall be followed by lunch at Aman Central. After lunch, Yang Berhormat and REHDA Kedah/Perlis Branch Chairman shall hold a joint press conference.

The theme for this year is ‘Your Dream Home is now an affordable reality’ or ‘Rumah idaman anda kini satu realiti yang mampu dimiliki’

MAPEX Kedah 2018 is an important event for Kedah Developers as it gives them the platform to showcase their development projects. More than 30 developers offering close to 2,794 units of houses and commercial buildings for sale to the public. Projects are located in Kuala Muda, Kota Setar, Kubang Pasu and Kulim. Big development projects showcased are mostly concentrated in Kuala Muda district due to availability of big parcels of land for development.

Also participating in the event is a developer in Perlis, showcasing its housing and commercial units development project in Kangar, Perlis.

Besides property developers, also participating in MAPEX Kedah are Banks, Bahagian Perumahan (Setiausaha Kerajaan Negeri Kedah Darul Aman) and Majlis Perbandaran Sungai Petani.

Total value of the showcased development projects is about RM 950,000,000 which is very much less compared to the last few years. This is due the prevailing adverse economic situation in the country and does not reflect the ever-increasing needs for housing and other properties. The figures will surely increase much more once the economy start to show signs of improvements.

The value of the projects highlights the contribution of property developers to State’s economic growth.

The breakdown of total values and categories of units offered at the two venues are as follows:

A. Aman Central, Alor Setar

B. Amanjaya Mall, Sungai Petani

Note: discrepancy of total figures for Aman Central, Alor Setar and Amanjaya Mall, Sungai Petani is due to overlap, some properties put up at both venues.

• Actual total number of properties for projects in Kota Setar and Kubang Pasu districts is 1251 units valued at about RM 450 million.
• The actual total number of properties for projects in Kuala Muda is 1,543 units with total value at about RM 500 million.

All properties are at various stages of development.