COVID–19 NEWS   Japan registers record 250,403 COVID-19 cases within past 24 hours | COVID: Malaysia records increase in new cases, fatalities - Dr Noor Hisham | New COVID-19 cases drop 5.2 pct last week - Health Dg  | Witness still COVID-19 positive, Ahmad Zahid's corruption trial postponed | Japan's daily COVID cases top 180,000, set fresh record amid 7th wave | 

REHDA, KPKT, Omnia to organise Jom Beli Rumah Carnival

06/07/2022 02:32 PM

PETALING JAYA, July 6 (Bernama) — The Real Estate and Housing Developers’ Association Malaysia (REHDA), Ministry of Housing and Local Government (KPKT) and Media Prima Omnia Bhd will be jointly organising the Jom Beli Rumah Carnival to encourage homeownership among the people. 

To be held at the Mid Valley Exhibition Centre from July 15-17, 2022, the carnival would mainly cater to the B40 and M40 income groups, featuring affordable properties priced from RM250,000 onwards, said REHDA acting president Datuk N K Tong.

“This is the right time to consider buying properties because it is a good hedge against inflation in the long run,” he said during a press conference on the carnival here today.  

Although interest rates have been fluctuating, he said the property segment would retain its value in the long run and hopefully outpace inflation as well. 

As for the carnival, Tong said 17 top property developers, six financial institutions and several government agencies will be participating in the three-day carnival.

The opening ceremony is scheduled to be officiated by Prime Minister Datuk Seri Ismail Sabri Yaakob and KPKT Minister Datuk Seri Reezal Merican Naina Merican on July 15. 

Meanwhile, the National Housing Department director-general, Datuk Jayaselan Navaratnam said the ministry has applied for the extension of the Home Ownership Campaign (HOC) and is currently awaiting the government’s approval. 

“We are hoping that the additional 10 per cent discount under the HOC will be available for this carnival and would cushion the rising interest rate and inflationary pressures to provide affordable prices for the people,” he said. 

Those who wish for more information on the carnival may visit and 




Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter :, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy