PETALING JAYA – The Malaysian Institute of Estate Agents (MIEA) is hosting the fourth and largest edition of its own property exhibition, the Malaysian Secondary and Primary Property Exhibition (MASPEX’18), with the theme “Bringing the best of both worlds secondary and primary properties”.
The exhibition that is held at the Starling Mall, Damansara Utama, was launched by YB Zuraida Kamaruddin, Minister of Housing and Local Government, and will continue over three consecutive days beginning on 28 September 2018 and ending on 30 September 2018.
What is unique about the MASPEX’18 is that it is the only property exhibition in Malaysia to showcase a wide variety of properties in the secondary market, alongside primary properties, both new and completed.
With more than 1,000 properties listed by 25 exhibitors, visitors can take the opportunity to seek advice on navigating the challenging real estate market from real estate agents and negotiators present at the event.
At the launch, YB Zuraida said that the ministry’s long-term goal is to build a mature, resilient property market. “For that, we need the backing of all stakeholders, including real estate agents.
“If all stakeholders, the ministry, property developers, estate agents and local and state governments work together, I am certain that our goals can be fulfilled. I hope that there is balance, that the industry players can meet consumer demand while still providing an essential service, which is to provide homes for Malaysian,” she said.
Zuraida added that industry players must consider the effect of development on the socio-economic standing standings of the country.
“Other than conforming to the current market trends, we must also ensure that all future projects must be in line with the interest of the public,” she said.
MIEA will be hosting a series of talks over the three-day exhibition, covering a range of topics which includes “Real Estate Investment – Is there ever a right time?”, “Malaysia Property Market – Where are we heading?” and “Secondary Market vs New Property – Where is the money?”.
“Our aim in hosting this exhibition is to address the challenges in the Malaysian property market by sharing MIEA’s extensive property knowledge and the best practices to help all Malaysians find their dream home or next investment,” said MIEA President Eric Lim.
Lim added that MIEA is keen to engage with all stakeholders, including the ministry, in order to help this, come true. “As the voice of Malaysian real estate agents, we are uniquely positioned to voice the people’s concerns to the ministry, as well as articulate the ministry’s initiatives to the people.
“We are also in the position to speak directly with developers, to better communicate the market’s needs,” said Lim.
MIEA will also be hosting MASPEX’18 Penang, which will be held on 25 October to 28 October 2018 at Queensbay mall.