Sunway property fair rakes in RM60m sales

PETALING JAYA: An estimated RM60 million worth of properties were sold at the Sunway Property Show 2013 held at Sunway Pyramid from April 12 to 14.

The event featured Sunway Bhd’s new properties in the Klang Valley, Ipoh in Perak, Penang and Iskandar Malaysia, Johor.

“Our hottest properties were showcased and the crowd favourite was Sunway Geo, a mixed development on Sunway South Quay’s final parcel of land in Bandar Sunway,” said Joyce Sin, senior general manager of marketing and sales, property development division of Sunway Bhd, in a press release.

Sunway Geo is a new integrated commercial development that will be serviced by Malaysia’s first elevated bus rapid transit (BRT) system.

Another hot property, according to Sin, was Sunway Velocity mixed development in Cheras with a gross development value of RM3.6 million. Sunway Velocity, launched in 2011, is spread over 23 acres and has shopping mall, retail, office, residential and hospitality components.

Only 3.8km from the city centre, Sunway Velocity will be accessible via two light rail transit (LRT) stations and two mass rail transit (MRT) stations.

In total, Sunway featured 21 projects at the property show, including Sunway South Quay’s Bayrocks, La Costa and A’marine; Sunway Alam Suria; Sunway Montana; Sunway Rydgeway; Sunway Nexis; Sunway Rymba Hills; Sunway Eastwood; Sunway Vivaldi; and Sunway Palazzio.

Also featured were its Ipoh projects Lakeside Mansions and MontBleu Residence, and Penang projects, Sunway Cassia and Sunway Wellesley.

The latest property show’s total sales equalled its February property shows in the Klang Valley and Ipoh, hence in less than three months, Sunway has sold more than RM120 million worth of properties.

Last weekend’s showcase also featured talks by feng shui master Joey Yap who shared tips on tapping into feng shui for wealth and conducted complimentary destiny readings for homebuyers and guests.

Property consultant Ho Chin Soon, renowned for his maps and trendspotting, gave an update on the latest property hotspots.

Rounding up the talks was Amir Mahmood Razak, director of strategic communications and PR at MRT Corp Sdn Bhd, who explained how the MRT lines will create a positive impact on property prices.

This article first appeared in The Edge Financial Daily, on April 19, 2013.

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