RM26m properties sold at HomeGuru event

More than RM26 million worth of property was snapped up by Singaporean property buyers at HomeGuru’s inaugural Malaysia Property Showcase in Singapore on Dec 3-4.

The event drew almost 900 property buyers and saw over 300 units of real estate sold. It involved the participation of six leading Malaysian developers, namely Andaman Group, Iereka Corporation Bhd, Lone Pine Group, Sime Darby Property, The Haven Sdn Bhd and UEM Land.

In a statement today, PropertyGuru Group chief executive officer Steve Malhuish said, "In collaboration with its Singaporean counterpart, PropertyGuru.com.sg, HomeGuru established the Malaysia Property Showcase 2011 to create awareness of key Malaysian developments regionally, especially amongst interested investors in Singapore, Indonesia, Hong Kong and Thailand.

It functioned as an optimal platform for the participating developers to network amongst each other and with prospective international investors, he added.

Noting the event's success, Andaman Group head of sales and marketing Datuk Vincent Tiew said: "We are very inclined towards participating in future showcases with PropertyGuru Group at the helm."

By Bernama