Over 7,000 properties to be showcased
Published on: Wed, Aug 20, 2025
By: Hayati Dzulkifli Text Size: Johnny with Jonathan and other Shareda members at the press conference, recently. Kota Kinabalu: The upcoming three-day annual property exhibition – PropEX 2025 – organised by Sabah Housing and Real Estate Developers Association's (Shareda), will showcase 7,702 units of properties worth RM7.54 billion from Sabah and the peninsula for sale. Shareda President Datuk Johnny Wong Chen Yee said 54 exhibitors are involved in the event from Friday comprising 26 property developers and real estate agents constituting almost half of them followed by 23 exhibitors from other industries such as paint, roofing, home furniture and appliances, and solar, among others, and five exhibitors or 9pc among banks, financial institutions and insurance.
Advertisement He said Sabah continues to lead with RM5.88 billion worth of properties involving 5,250 units, while peninsula-based developers are making a stronger presence this year with RM1.66 billion worth of offerings covering 2,452 units. 'This is a significant increase compared to last year of 6,788 units worth RM6.02 billion in our PropEX 2024. 'In 2024, peninsula exhibitors only contributed RM400 million. This year, they are bringing in RM1.66 billion worth of projects. It looks like the peninsula market is beginning to see Sabah as an important platform. 'While Sabah's property value also rose compared to 2024, from RM5.63 billion to RM5.88 billion, reflecting continued growth in the state's real estate market,' he said. Speaking this at a press conference on the Shareda's PropEX 2025, themed 'My Perfect Home', here Monday, Johnny said commercial units lead the listings this year with 3,200 units, followed by 2,413 units of condominiums, 1,492 units of apartments and 530 units of landed homes including double-storey terraces and semi-detached houses while smaller segments include 56 shop offices, seven shophouses and four factory or warehouse units. 'Every year, Propex offers a very comprehensive range of property types for purchasers to select from, and this year is no different,' he said. As for target sales, Johnny said they hoped to hit at least about 30% to 40pc of the units, which he believed is achievable. 'Of course, we hope to sell as many as possible. Currently, the market is a bit challenging, but we are optimistic this year. 'So when you want to have a perfect home, which is the right timing, I would say this year is the right timing. As I mentioned, the SST is already enforced now, so the impact will definitely be there for next years to come,' he said.
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Daily Express
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Daily Express
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Over 7,000 properties to be showcased
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ProPEX 2025: One-stop destination for Sabahans
Published on: Wednesday, August 20, 2025 Published on: Wed, Aug 20, 2025 By: Hayati Dzulkifli Text Size: Kota Kinabalu: PROPEX 2025 Organising Chairman Jonathan Wong Kar Gee said the return of the Sabah's largest property showcase is set to make a vibrant comeback, promising visitors a unique blend of property, lifestyle and travel opportunities. He said this year's edition carries the theme 'My Perfect Home', aimed at creating a one-stop destination for Sabahans to explore and secure their dream properties. Advertisement 'Whether you are buying your first home, upgrading, investing or simply window shopping – PropEX is designed to make that journey enjoyable, informed, and worthwhile. 'The exhibition will run daily from 10am to 9pm at SICC's Kinabatangan Halls 2 and 3, featuring 54 booths offering latest in property, home solutions and related services. 'Our booths layout this year is inspired by the classic Monopoly board game, offering visitors an interactive, clockwise-flowing experience, which is playful that will guide visitors through the exhibition in a fun, engaging way – with a surprise at every turn,' he said in the press conference here. In a first for the event, Jonathan said PropEX 2025 is collaborating with the MITM Travel Fair, which will be held next door at Kinabatangan Hall 1. 'We have opened up the wall between both halls so visitors will step into one massive Property + Travel Fair. You could walk in for a home and walk out with a holiday package too,' he said. Among the highlights of the PropEX 2025 include, Jonathan said includes: Daily lucky draws for registered visitors. A chance to win a brand-new 75-inch Sony Smart TV for purchasers booking properties during the event. Family-friendly activities such as a Miniature House Modelling contest, Mathematics competition, Kids' Fashion Show, Blood Donation Drive, and the ever-popular Bingo game. The Booth Design Awards, featuring categories the main three awards namely Best Model House, Most Attractive Advertisement, and Most Creative Booth, to be announced at the closing ceremony. 'Come and experience PropEX 2025. You might just find your perfect home – and maybe even win a TV while you are at it,' he said.
