Monday November 22, 2010
By SHAUN HO
KUALA LUMPUR: Most prospective housebuyers seem to prefer to live in gated or guarded communities, said Plenitude Permai Sdn Bhd sales and marketing manager Erwin Ho.
This was the trend he noticed among visitors to his company’s booth at The Star Property Fair 2010, he said.
“I believe developers are responding to the shift in interest in that direction as most properties at the fair fit the bill,” he added.
Ho said the huge amount of leads gathered by exhibitors at the property fair had made them optimistic about closing sales in the coming months.
There was a very good crowd of “serious buyers” at this year’s fair, he said.
“We have had many registrations over the past three days. We are hoping to convert them into sales,” he said at the three-day property fair which ended yesterday at the KL Convention Centre.
A representative from SP Setia said he noticed more young adults in the crowd as well.
“Many of those who came to us are in their mid and late 20s. They may be younger but they know what they want,” said the representative.
A check showed some developers managing to close up to RM60mil in sales.
The Star Property Fair drew over 15,000 visitors interested in the various projects offered by high-end developers over the past three days.
The number of developers who took part in the fair also doubled from last year, with many of them having grand pavilions.
Visitors were also offered numerous financing services by banks, property auctions and talks on a variety of topics related to property.