subject: The Role Rehda Plays In The Growth And Development Of Real Estate Malaysia [print this page] There are many agencies that have significantly contributed in the growth of the real estate sector in Malaysia. The popularity and fame this countrys property sector enjoys in the current times is a joint result of many who joined hands to help the country emerge as a strong power in the real estate scenario on a global scale. Just one name that needs special mentioning here is REHDA. Abbreviated as Real Estate Housing Development Association, this was found in the year 1970 and the contribution this agency has made towards growth of Real estate Malaysia is not just good, but commendable. REHDA is like a voice that dictates the governing policies in the housing and property industry in Malaysia.
The current stats clearly indicate that the numbers of housing units that have already been built by REHDA in Malaysia are more than 4 million in number that has helped many homeless people here get a roof to live underneath with safety. The contribution this agency made in the GDP of Malaysias economy is more than RM20 billion every year and the impact it created has affected not just few but hundreds of companies working both upstream and downstream.
The members of REHDA have motivated many people from Malaysia to join this foundation of bringing up the property malaysia sector. Lately the company was awarded appreciation award on the completion of WISMA REHDA, another milestone by this ace agency. Also, the company announced the survey result for property and how did the market here do in the year 2012. The event was witnessed by many leading journalists and people from the news and property scenario to get aware about the growth and reports from Malaysia property scenario for the year 2012.
Another event that was held by the company in 2012 to discuss important points from Malaysian property market also made news. Held in august 2012 this was to discuss about the current state of the property market in Malaysia. A special mention here was made of the Pulau Penang which is one area that has seen considerable growth in property demand over past time. Also, the council that consisted of REHDA members, members from SHAREDA and SHEDA also threw light on the most common issues and challenges that are currently being faced by the property and housing industry of Malaysia and also the possible solutions for the same.
MAPEX or the Malaysia Property Exposition which is one of the most talked about event in the property and housing sector in Malaysia is another one held by REHDA. Held every year in mid of October, this year the event was a grand one at the countrys capital, Kuala Lumpur. Before this a press conference was also held to make the people and press aware about the upcoming issues and the other points that were a part of the MAPEX 2012 event.
All in all, REHDA as an individual agency as well as in collaboration has helped Malaysia excel in many fronts concerning the property and housing scenario. The continued involvement is bound to bring in many new developments and growth opportunities for the country and Malaysians finally.
