Despite the uncertainty in the property sector, Property Hunter held a successful Karnival Rumah Malaysia (KRM) in Kota Kinabalu. The event, which took place on 7th and 8th July in Suria Sabah Shopping Mall, attracted several potential investors.
KRM will continue its show around East Malaysia, making its second stop to Tawau on 28 and 29 July at Dewan Sri Tawau.
The event, organized by East Malaysia's leading property portal, Property Hunter, is aimed at first home buyers, small and growing families, middle to low income groups, and investors looking for an affordable range of properties. Despite the current subdued market, KRM is designed to create public awareness on the latest affordable properties in the local market.
According to the director of Maxx Media, Mr. Elson Kho, although the property market condition is still generally weak due to various sentiments affecting the business since last year, people are advised to take advantage as property is always a secure investment in the long run.
"The appetite for local investments is still strong with the people of Tawau, despite the property market being a bit somber" he said, adding that the current market trend is one of the phases on the economy that will eventually recover itself in the future.
Kho also revealed that Hap Seng Land (South Ville Apartment), Gamuda Land (Bukit Bantayan), Sina Land Sdn Bhd (Elemen Utara), Titijaya Land (The Shore), Bright Eclipse Sdn Bhd (The Aru), Hatten Properties (Harbour City) and Landmark Property (Puncak Gloxinia) are amongst the developers that will be at KRM, showcasing projects from as low as RM200,000 onwards.
"Take the opportunity to attend the event, whether you are looking for your first home or for future investment" he added.
Highlights of the event include a Spin and Win, Treasure Hunt, unlimited fun on the Bouncy Castle and Kids' Colouring Sessions.
KRM will be held in Dewan Sri Tawau on 28 and 29 July. The two-day event will be open to public from 11am to 9pm. The admission to the event is free, however, visitors are encouraged to pre-register their interest at the Property Hunter website to avoid the long registration queues.