Expanding the Wings for Property Ownership when MAPEX hits Penang
Who would have thought that we are just less than few months away before 2019 officially draws its curtains to an end? Those who have yet to tick the New Year’s bucket list, this is your chance to fulfill that wish when Property Queen will be joining hand-to-hand with the much anticipated MAPEX, prior to the Home Ownership Campaign (HOC) has been given the golden nod to further extend the campaign until the end of 2019!
Home Ownership Campaign is an initiative conjoined by the Ministry of Housing and Local Government (KPKT) and Real Estate and Housing Development’s Association (REHDA). The campaign was initially commenced on January 2019 and previously, the operation was subjected to be implemented until June. However, with the increase of public requests, the Government have agreed to continue the venture until December 2019.
The content of the campaign promises that both first-time and current home owners are given the privilege with a series of benefits and feasible incentives. The offerings under HOC includes Stamp duty exemptions, RM5000 worth of Mortgage support by Cagamas Bhd, governmental housing schemes such as Youth Housing Scheme, My First Home, My Deposit, FundMyHome + Depositku, BNM Fund for Affordable Homes. Now that the campaign is approved to expand, the government has added Malaysia My 2nd Home (MM2H) opening for retirees and foreigners who are searching for additional residence, and Guaranteed Rental Returns (GRR) that will justify financial trusts from investment.
Residential units ranging from apartments, condominium, houses, flats, and service apartments that acquires a valid Advertising & Sales and Developer’s license (AADL) or CCC are eligible to be granted these benefits. The campaign is made effective for developers that are registered under HOC. The price range for the eligible developments began from RM 300,000 to RM2.5Million with a 10% discount from selling price.
And now, this could be your only chance for all these benefits that are yours to have. This year’s MAPEX will be joined by 22 developers that will reveal potential developments encompassing entire Malaysia. This year’s event includes name such as Setia, IJM, Mah Sing, Udaland, Sunway, COD, Palmex, Tambun Indah and many more! Also be sure to collect a special limited edition stamps with SetemKu, and take Property Queen Magazine home with you!
MAPEX has been one of the feasible platforms in gathering interest for property purchasing as the previous venture made a grossing sales of RM300 million, with more than 200 applicants in salvaging government-linked homes. As the Co-Organizer of MAPEX, Property Queen’s dedication and commitment ensuring home ownership among Malaysians will receive positive participation through the consistent support that is invested through the making of this event. The participation will justify Property Queen’s practice in providing comprehensive service to the consumers and facilitate them in searching for the next future dream home.
On this November, Penang will once again be graced in red when MAPEX will be held in 2 locations for 2 consecutive weekends.
Date: 7th- 10th November 2019
Date: 14th – 17th November 2019