Penang Property News And Talk | Maspex 2015 | Queensbay Mall | List Of Speakers Time Table And Agenda With Pictography

Source MIEA | List Of Speakers Time Table And Agenda

Malaysia | Penang Property News And Talk | The vibrancy of Penang sub sale (secondary market) once again been rejuvenated by Malaysian Institute of Estate Agents (MIEA) with the official opening ceremony been held at Queensbay Mall this afternoon (13 Aug 2015). The Malaysian Secondary Property Exhibition Penang Chapter (Maspex 2015) is four days (13-16 Aug 2015) event. It has 33 booths to cater for buyers and sellers flavor. The location of booths are been divided into two sections with 17 booths at Center Zone (cum discussion area) and 16 booths at South Zone.

With ringgit depreciation, property is the best hedge against hyperinflation: Malaysia | Foreign Exchange | Quo Vadis, Ringgit! Facts And Evolutions

The pictography of the event:

MASPEX 2015 property showcase | houses, condminiums, apartments, soho, offices, factories for sale, to buy and rent

Silver sponsor | PropertyGuru booth | Malaysia's Leading Property Site

Silver sponsor | Mudah.my booth | Malaysia's Largest Marketplace

Bird view of central atrium on participating booths with main sponsor Maybank

Bird view of center zone on participating booths (facing center entrance section)

Bird view of south zone on participating booths

MIEA's booth facing south zone entrance

Related article: Malaysia | Penang MASPEX 2015 Reboot In Queensbay Mall | Sub-sale properties

Boldly go. LLAP

This report is been compiled by VULCAN INTERNATIONAL Real Estate Research Institute http://VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://VulcanInternational.blogspot.com .

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

MASPEX Malaysia 2013 | Penang Property | MIEA | Facts and figures about Malaysian Secondary Property Exhibition

MASPEX is the brainchild of MIEA(Malaysian Institue of Estate Agents). Penang Edition of the Malaysian Secondary Property Exhibition(MASPEX) is the 2nd in the series of nationwide establishment. 

Fundamental analysis from JPPH data are showing that 70% transaction of residential property is made up of secondary market with the balance contributed by primary market(new project).

At this point of writing the MASPEX 2013(Penang Edition) is currently underway at:

Location: Penang Times Square

Time: 10am to 10pm

Date: 27-29 Sept 2013

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

PS: Pictures of MASPEX(Penang Edition) been contributioned by VulcanInternational while Facts and Figures been contributed by MIEA/JPPH.

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

MASPEX Malaysia 2013 | Penang Property | MIEA | New Homes To Cost More? Option For Buyers.

On Tuesday this week Malaysia government announced 20 sen rise in the price of RON95 petrol and diesel. Before the revision, the price for RON95 was RM1.90 per litre and RM1.80 for diesel. The price increase for RON95 was in 2010. The chain reaction has been fast with newspaper announced new homes to cost 10% more as been reported by Real Estate and Housing Developers Association of Malaysia president Datuk Seri Michael Yam Kong Choy. To solidify his statement further he mentioned that it's compounded by absenteeism among foreign workers because of the nationwide crackdown on illegal immigrants as developers have to pay more for labour to meet contractual deadlines, failing which they will be penalised. That's true if the sales and purchase agreement(SPA) been drafted towards HDA guidelines. Commercial building won't have that effect.

It was reported that the Penang Master Builders and Building Materials Dealers Association says it expected construction costs to rise by 3% to 5%. Association president Datuk Lim Kai Seng said the cost of transportation was likely to rise 10% to 20%, and the prices of sand and cement by between 5% and 10%. He said that cement now cost RM17.50 per 50kg while sand sold for RM70 per cubic metre.

While new developments might increase in price, the sub sale(secondary property) might stabilize in price at the moment. There'll be MASPEX on 27-29 September 2013 at Penang Times Square, Penang(2nd launch: northern region).

MASPEX or Malaysian Annual Secondary Property Exhibition is a new platform organized by MIEA to further its memberships through consolidating under one roof of Real Estate Agencies to offer their services and listings to public in general.

PS: 1st launch: central region was held from 12-14 April 2013 at Tropicana City Mall, Petaling Jaya. 

Malaysia's Petrol Trend: From 1990s to 2013(updated)

(Sen Per Litre)

DATE	RON97	RON95	RON92	DIESEL
Before 1990s	110		106 ( )	65.1 ( )
20-Oct-2000	120 (+10)		116 (+10)	70.1 (+5)
20-Oct-2001	130 (+10)		126 (+10)	70.1 ( )
01-May-2002	132 (+2)		128 (+2)	72.1 (+2)
01-Nov-2002	133 (+1)		129 (+1)	72.1 ( )
01-Mar-2003	135 (+2)		131 (+2)	76.1 (+4)
01-may-2004	137 (+2)		133 (+2)	78.1 (+2)
01-Oct-2004	142 (+5)		138 (+5)	83.1 (+5)
01-Apr-2005	142 ( )		138 ( )	88.1 (+5)
01-May-2005	152 (+10)		148 (+10)	108.1 (+10)
31-Jul-2005	162 (+10)		158 (+10)	128.1 (+20)
28-Feb-2006	192 (+30)		188 (+30)	158.1 (+30)
05-Jun-2008	270 (+78)		262 (+74)	258 (+100)
23-Aug-2008	255 (-15)		240 (-22)	250 (+8)
25-Sep-2008	245 (-10)		230 (-10)	240 (-10)
15-Oct-2008	230 (-10)		220 (-10)	220 (-20)
01-Nov-2008	215 (-5)		205 (-5)	205 (-5)
18-Nov-2008	200 (-15)		190 (-15)	190 (-15)
03-Dec-2008	190 (-10)		180 (-10)	180 (-10)
16-Dec-2008	180 (-10)		170 (-10)	170 (-10)
12-May-2009	180 ( )	175		170 ( )
01-Sep-2009	205 (+25)	180 (+5)		170 ( )
16-Jul-2010	210 (+5)	185 (+5)		175 (+5)
02-Nov-2010	215 (+5)	185 ( )		175 ( )
01-Dec-2010	230 (+15)	190 (+5)		180 (+5)
05-Jan-2011	240 (+10)	190 ( )		180 ( )
01-Feb-2011	250 (+10)	190 ( )		180 ( )
02-Apr-2011	270 (+20)	190 ( )		180 ( )
05-May-2011	290 (+20)	190 ( )		180 ( )
16-Jun-2011	280 (-10)	190 ( )		180 ( )
05-Apr-2012	290 (+10)	190 ( )		180 ( )
07-Jun-2012	280 (-10)	190 ( )		180 ( )
05-Jul-2012	260 (-20)	190 ( )		180 ( )
24-Aug-2012	270 (+10)	190 ( )		180 ( )
06-Sep-2012	300 (+30)	190 ( )		180 ( )
27-Feb-2013	270 (-30)	190 ( )		180 ( )
07-Mac-2013	290 (+20)	190 ( )		180 ( )
22-May-2013	270 (-20)	190 ( )		180 ( )
03-Sep-2013	270 ( )	210 (+20 )		200 (+20)
05-Sep-2013	285 (+15 )	210 ( )		200 ( )

16-Jul-2010 – No more subsidy for RON97, the price will be subjected to the current price of crude oil (RM2.10 as of 7/23)

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

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