iProperty.com To Present The Biggest Property Event in Malaysia

Introducing The iProperty.com EXPO Luxury Collections 2010

KUALA LUMPUR, MALAYSIA, 13 July 2010 – iProperty.com Malaysia (www.iproperty.com.my), Malaysia’s No. 1 property website  to present the 6th installment of the iProperty.com EXPO Luxury Collection at Kuala Lumpur Convention Centre from 30th July- 1st August. The exhibition spans a space of 6,000 sqm with over 100 property developers showcasing over 300 developments across the world, making it the largest property event in Malaysia.

YB Datuk Wira Chor Chee Heung, The Minister of Housing and Local Government Malaysia will grace the opening of the Expo on 30 July 2010 and the 3-day event is expected to attract more than 20,000 high net-worth home buyers and real estate investors from both local and international markets.

The event features Malaysian and international residential, commercial and retail developments by some of the most prestigious developers around the world. Local property developers include Sime Darby, Mah Sing, SP Setia, Ideal Homes, Dijaya Corporation, Glenmarie Cove, Putrajaya Homes, CDB Perdana, The Haven, Marina Island, Land & General, UEM Land, AP Land, IJM, TA Global, UDA Holdings, Mayland Development and Danga Bay. International property investors will also find a range of distinguished properties in key high growth cities from Australia to Canada.

Maybank, the Main Exclusive Sponsor will offer sound financial advice for a wide range of home loans; both conventional and Islamic, at competitive interest rates. Visitors will be able to enjoy incentives including special on-the-spot home loan approvals for properties purchased at the exhibition and promotional giveaways exclusive to the show.

Back by popular demand, the showcase also features not-to-be missed free property and investment seminars by some of Malaysia’s most influential property industry gurus, international fund managers, trainers and best-selling investment authors. Among the distinguished speakers are Dr.Peter Yee, Milan Doshi and Previndran Singhe, all who have established a firm footing in the real estate market.

“The Luxury Collection connects buyers and developers at an opportune time, with the ringgit strong against the dollar and demand for property at a high. Those keen to expand their financial portfolios with luxury real estate as a hedge against rising inflation should definitely visit the iProperty.com EXPO Luxury Collection for excellent investment opportunities,” said Ken Tsurumaru, Country Manager of iProperty.com Malaysia.

The coming the iProperty.com EXPO ‘International Collection’ will be the inaugural international property exhibition at the newly opened prestigious Marina Bay Sands in Singapore from 23-24 October 2010.

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Casa Dal-Hanaa

We invite you to discover a new extraordinary lifestyle that’s truly special.  Unique.  Set apart.  A sanctuary and enclave overlooking the emerald waters of the South China Sea.

Welcome to Casa Dal-Hanaa… an exclusive, freehold private-gated community of just 69 magnificent homes located 19 km from downtown Kuantan, on the east coast of Peninsular Malaysia.  Offering a prestigious resort lifestyle for a very fortunate few.

Casa Dal-Hanaa is owned by MTM Millennium Holdings Sdn. Bhd.  The company directors are Dato’ Sri Ir. Mohamad T. Al-Ozeir and his wife Tengku Puteri Seri Lela Wangsa Tan Sri Hajjah Meriam binti Sultan Ahmad Shah who will be residing in a Beachfront Villa on the property.

Casa Dal-Hanaa, loosely translated as “the palace of tranquility” in Arabic, is a collection of 20 villas and one block of 49 Apartment Suites all built in dramatic contemporary Mediterranean design.  This low-density development also features abundant tropical and Mediterranean landscaping and two swimming pools with panoramic ocean views.

The development is designed to suit only the lifestyles of the affluent and their families.  A hideaway from city life – to rest, relax and rejuvenate.  It is exclusively your very own vacation home and beach house.  A sanctuary that offers the finest in luxury living.

About a kilometer away is Pulau Ular – an uninhabited island with private beaches. Take a 10-15 minute ride on a jetski and explore the island.

For more information, visit http://www.mtmsb.com.my/.

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Say NO to Illegal Estate Agents

Over the years, the Malaysian public in seeking quick monetary gains has involved themselves in Real Estate transactions. As defined in the Valuers, Appraisers and Estate Agents Act 1981 under Section 22C:

Restrictions on estate agency practice which states

1. No person shall unless he is a Registered Estate Agent:

Practice or carry on business or take up employment as an Estate Agent under any name style or title containing the words “Estate Agent”, “House Agent”, “Property Agent”, “Land Agent” or to the equivalent thereto, in any language or bearing any other word whatsoever in any language which may reasonably be construed to imply that he is a Registered Estate Agent.Use or display any sign board, card or other device representing or implying that he is a Registered Estate Agent.Be entitled to recover in any court any fees, charges or remuneration for any professional advice or services rendered as an Estate Agent.

Some bad practices of illegal estate agents are:

Collecting more than the prescribed feesMisrepresenting of facts, information which can cause legal complicationsSelling a property at an increase valueAbsconding with money

Anyone who commits an offence is liable on conviction to a fine not exceeding RM25,000 or to imprisonment for a term not exceeding 3 years or both and shall be loable to a further penalty of RM500 for each day during the continuance of such offence.

Source: MIEA

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