KUALA LUMPUR : Hartabumi.com founder and chief executive officer Radzi Tajuddin announced the launching of Hi-Home, an online property expo that will run for three months, beginning July.
“It involves 100 housing projects worth RM3.2 million and the transaction is expected to be worth half a billion,” said Radzi during a press conference held at the Royal Lake Club in Kuala Lumpur.
Also present at the press conference were My Events International CEO Azman Fahmi, Housing and Local Government Minister Zuraida Kamaruddin and Youth and Sports Minister Syed Saadiq Syed Abdul Rahman.
The press conference today is a prelude to a property conference that will be held at the Malaysian International Trade and Exhibition Centre on July 25.
My Events International is the organising partner for the property conference. Tickets for the conference can be purchased online at event.hihomes.my .
The online property expo will run from July 25 to Oct 31. Information on the online expo can be accessed at www.hihomes.my .
Touching on home ownership, Radzi said that Malaysians home ownership rate was low, standing at 43%.
“Home ownership does not only revolve around housing prices. It also takes into factors such as new payment models, progressive housing policies, market friendly products, aspiration of the youth and technology to ease the buyers,” he said.
Radzi added that the property conference would look into four clusters; which are affordability, market and policy, data and technology, and the future.
Among the personalities that will be participating in the property conference include Air Asia Group CEO Tan Sri Tony Fernandes, CIMB Group CEO Tengku Zafrul Aziz and MRCB executive vice president Dato Sri Ir Dr Judin Abdul Karim.
On related matter, Zuraida announced that first time house buyers who are blacklisted on the Central Credit Reference Information System (CCRIS) will be allowed to purchase homes.
She also said that those who are still in debt with the National Higher Education Fund Corporation (PTPTN) would also be allowed to purchase homes.
“The government has also reserved 30% of the houses in Bandar Malaysia for first time house buyers, singles and those who just got married,” she said.