Housing sales fell 30%; new launches decline 44% in Q3FY20: PropTiger report

New Delhi, 14^th Jan 2020: New project launches in India’s nine key residential markets continued to show a decline, falling 44 per cent year-on-year in the period between October and December 2019, primarily on liquidity concerns, shows the report by PropTiger.com, part of Elara Technologies, that also owns Housing.com and Makaan.com.

According to “Real insight Q3FY20”, a quarterly analysis of India’s nine key property markets by PropTiger DataLabs, the ongoing industry concerns related to the NBFC sector, on which real estate developers largely depend on for their financial needs, has made borrowing difficult for builders at a time when a demand slowdown has hit housing sales. This double whammy has resulted in developers continuing to show a cautious stance towards new project launches. 

“The various measures launched by the government in the recent past to revive growth in the real estate market seem to have made little impact. Considering real estate is a major contributor to overall GDP, which hit a glacial 4.5 per cent rate of growth in the July-September period, we expect further assistance from the government, which would nudge buyers to invest in real estate. In the Union Budget scheduled to be released on 1^st February, we expect the Hon’ble Finance Minister to announce measures that would result in higher savings for individual taxpayers, some of which would hopefully make its way towards property purchases,” said Dhruv Agarwala, Group CEO, Elara Technologies, the country’s only full stack real estate technology platform that owns Housing.com, Makaan.com and Proptiger.com. 

Sales fell across cities

Housing sales in India’s nine key property markets fell 30 per cent annually during the October-December quarter despite the government launching several measures in the recent past to revive buyer sentiment. As against 91,464 units sold during the quarter last year, only 64,034 homes were sold across the nine markets in Q3 this year.

Mumbai contributed nearly 40 per cent to overall sales numbers. 

What points towards a nation-wide phenomenon, sales declined across all these markets, with Bengaluru, popularly known as India’s Silicon Valley, registering a 50 per cent fall in sales numbers.  

When compared to the first nine months of the previous financial year, sales fell by 13 per cent during the same period in the current fiscal. As against 263,294 units last year, only 228,220 housing units were sold this year.

Units Sold						Growth
City
	Q3FY19	Q4FY19	Q1FY20	Q2FY20	Q3FY20	YoY (%) Q3vsQ3	QoQ (%) Q2vsQ3
Ahmedabad	5,960	6,414	6,479	5,578	5,118	-14%	-8%
Bangalore	10,299	10,092	9,600	8,425	5,155	-50%	-39%
Chennai	4,467	4,605	4,571	3,772	3,015	-33%	-20%
Gurgaon	4,069	6,970	5,880	3,581	3,834	-6%	7%
Hyderabad	7,869	8,857	7,723	7,002	4,372	-44%	-38%
Kolkata	3,810	4,341	4,333	3,052	2,566	-33%	-16%
Mumbai	30,850	27,527	28,726	24,882	25,198	-18%	1%
Noida	4,556	4,148	3,627	3,038	2,830	-38%	-7%
Pune	19,584	17,911	18,034	15,883	11,946	-39%	-25%
Grand Total	91,464	90,865	88,973	75,213	64,034	-30%	-15%

Sold Units
City
	Apr-Dec 18	Apr-Dec 19	YoY (%)
Ahmedabad	17,436	17,175	-1%
Bangalore	31,932	23,180	-27%
Chennai	14,011	11,358	-19%
Gurgaon	11,794	13,295	13%
Hyderabad	21,505	19,097	-11%
Kolkata	10,754	9,951	-7%
Mumbai	85,811	78,806	-8%
Noida	19,141	9,495	-50%
Pune	50,910	45,863	-10%
Grand Total	263,294	228,220	-13%

Inventory declined 12%

As buyers showed greater faith towards ready homes, inventory levels, declined 12 per cent during the quarter. From 8.83 lakh unsold housing units at the end of the same period last year, unsold stock fell to 7.75 lakh in Q3 FY20. Mumbai and Pune together contribute 57 per cent of this unsold stock.  Also, half of the units in this stock are affordable homes (units priced below Rs 45 lakh). 

At the current sales velocity, builders would take 29 months to sell off the existing stock.

Unsold Inventory						YoY (%) – Q3vsQ3	QoQ (%) Q2vsQ3
City	Dec/2018	Mar/2019	Jun/2019	Sep/2019	Dec/2019	Dec 19 Vs Dec 18	Dec 19 Vs Sep 19
Ahmedabad	60,015	57,220	52,294	50,690	48,367	-19%	-5%
Bangalore	86,335	83,447	80,520	79,046	79,496	-8%	1%
Chennai	36,642	37,344	35,384	33,304	33,694	-8%	1%
Gurgaon	46,364	44,469	44,522	44,199	42,071	-9%	-5%
Hyderabad	42,140	41,509	38,349	35,216	33,227	-21%	-6%
Kolkata	46,364	44,861	42,040	40,029	37,979	-18%	-5%
Mumbai	338,894	328,052	317,253	305,018	296,465	-13%	-3%
Noida	67,991	65,577	63,847	61,545	59,261	-13%	-4%
Pune	158,738	155,679	151,842	148,676	144,300	-9%	-3%
Grand Total	883,483	858,158	826,051	797,723	774,860	-12%	-3%

Over 5 lakh new units to be delivered in CY2020

A total of 5.33 lakh units were delivered across the nine markets in calendar year 2019, and another 5.45 lakh units are expected to be delivered through the course of calendar year 2020.

Launches fall most in Kolkata, Gurugram

Only 41,133 units were launched in Q3 FY20 as against 73,226 units in the corresponding period last fiscal, the report shows. New launches fell across markets, with Kolkata and Gurugram seeing the biggest fall, at 79 and 74 per cent, respectively.

  

Nearly 40 per cent of new launches were concentrated in India’s financial capital Mumbai, data show.

Affordable housing continued to dominate launches, with 52 per cent units launched in this segment.

When compared to the first nine months (April-December) of the previous financial year, launches declined by 32 per cent during the same period in the current fiscal. While 215,596 units were launched between April and December in the previous year, 145,852 units were launched during the same period this year.

Prices increase marginally across cities; Hyderabad sees 13% appreciation

Average values of property increased by 13% year-over-year in Hyderabad, the highest increase among all the cities included in the report, while Gurugram and Ahmedabad registered 6% and 5% increase, respectively.  In other cities, prices showed only nominal increases, between one and three per cent.  

(The cities coved in the analysis are Ahmedabad, Bengaluru, Chennai, Gurugram (includes Bhiwadi, Dharuhera and Sohna), Hyderabad, Kolkata, Mumbai (includes Navi Mumbai and Thane), Pune and Noida (includes Greater Noida and Yamuna Expressway))

Kia Motors presents Carnival for the Elite Class

·       The Carnival will be launched at the upcoming Delhi Auto Expo 2020

·       Carnival is a never before combination of sheer luxury and amazing performance

·       Powered by a Diesel 2.2L VGT BS6 compliant engine paired with an 8-Speed Sportsmatic Transmission (8AT)

·       Class-leading features: VIP seats, 10.1” Dual Touchscreen Rear Seat Entertainment system, One-Touch Power sliding door, Smart Power tailgate, Dual-Panel Electric sunroof, Advance UVO Connected car Technology

·       Available in three generous trims: Premium, Prestige and Limousine

Delhi-NCR, 14 January 2020: Kia Motors, the world's eighth largest automaker, today showcased its vehicle for the Elite class - the bold, stylish and sophisticated Kia Carnival. Aesthetically designed and sumptuously appointed to boast class-defining luxury, the Carnival is powered by a Diesel 2.2L VGT BS6 Compliant engine paired with an 8-speed Sportsmatic transmission (8AT). Offering power-packed performance, replete with the most aspirational interior and exceptional ride and comfort, the Carnival will be launched at the upcoming Delhi Auto Expo 2020.

The Kia Carnival is a perfect blend of style and practicality, offering best-in-class safety, comfort and refinement for occupants. The Carnival will be offered in three exuberant trims – Premium, Prestige and Limousine and with multiple seating configurations of 7, 8 and 9. There are two 7 seater options, the regular has 4 captain seats  with 3 sinking seats and another variation the 7  VIP, has the option of second row VIP seat for ultra-luxurious experience. The 8 seater has 4 captain seats and 3 sinking seats. The 9 seater, which has 6 Captain + 3 sinking seats. It is equipped with class-leading features to connect with style-conscious and tech-savvy consumers, like Dual Panel Electric Sunroof, VIP Seats with 10.1” Dual Touchscreen Rear Seat Entertainment System, One-Touch Power Sliding Door and Smart Power Tailgate among others.

Introducing the Kia Carnival in India, Mr. Kookhyun Shim, MD & CEO, Kia Motors India said, “We are overwhelmed by the love for brand Kia that the Indian market has shown. To strengthen our relationship further and add new fans to the brand, we are all set to launch the new Kia Carnival in India. With this new aspirational offering, Kia Motors is addressing the unmet needs of the Indian Elite Class consumers. With its fresh styling, rich features, excellent quality and exuberant appointments, the Carnival addresses Indian customers who value aesthetics, performance, refinement, safety and space. I am sure that the Carnival will also be well-received by India and add to Kia’s reputation as an exciting brand for young-at-heart people.”

Stylish and Sensible

The Carnival comes with a wide and stylish stance combined with Kia’s characteristic boldness, offering a perfect blend of pragmatism and versatility. The front of the Carnival comes with a wide, upright ‘tiger-nose’ grille and wrap-around LED Projection headlamps with LED DRLs to give it an imposing appearance. In profile, it has a swept-back silhouette with a long bonnet and an all-round glass area that gives it a dynamic appearance along with Floating Roof design and R18” Sputtering Finish alloy wheels. A strong crease that runs along the length of the car and sculpted surfaces add to its dynamism. The rear of the Carnival further emphasizes its solid appearance with wide LED rear lamps, broad metal surfaces and a glass area shaped to give it more prominent ‘shoulders’. Dual Panel Electric Sunroof gives a statement of luxury.

First in segment Connectivity

UVO is the latest evolution in connected car and infotainment, which is testimony of Kia’s continued quest to provide advanced technology that makes driving safer, convenient and enjoyable. UVO comes with 37 smart features, offered free for initial 3 years.

Best of UVO Smart features can be now accessed through smart watch as well, which takes car connectivity at a different level. The smart watch allows remote engine start stop, AC Control, Smart Pure Air control, horn/ light, door lock/ unlock and vehicle status. It also provides Tyre pressure and fuel level information status along with notifications on movement and safety alerts.

Category-defining interiors

First-class air travel was a key influence behind the design and layout of the cabin. Sophisticated and luxurious, the cabin of the Carnival is made up of high-grade materials, providing a premium, modern look. Its elegant individual seats, superior ambience and consistent design throughout the cabin are aimed at ensuring maximum utility and comfort for all. The Carnival also sports a range of intelligently-designed features to ensure a more efficient and flexible use of space for all occupants. Depending upon the trim level and seating option, the Carnival can accommodate up to 9 persons in all.  

Modern technology for a more luxurious cabin

The new Carnival is equipped with a range of advanced on-board technologies designed to improve the car’s capabilities and owner and occupant satisfaction. The VIP seats in the Limousine trim offer tremendous comfort and leg room for passengers, and can be set for individual preferences. The 10.1” Dual Touchscreen Rear Seat entertainment system comprising 10.1”monitors, and 8 speakers Harman Kardon Premium Sound system offer Lounge-like experience while on the move.  The Smart Power Tailgate automatically opens when the smart key is ‘sensed’ in close proximity to the trunk, while the Carnival’s power-sliding rear doors also open at the touch of a button. Smart Pure Air purifier gives clean and fresh air to the occupants.

Performance on tap

The 2199cc four-cylinder common rail direct injection VGT diesel BS6 compliant engine has been engineered for greater efficiency and performance. Developing 200 ps at 3,800 rpm and  440Nm of torque between 1500~2750 rpm, the engine is paired with Kia’s 8-speed Sportsmatic transmission. This offers smooth application of power for a relaxed drive as well as performance when you want it.

Comfort and convenience features

Equipped with a host of convenience features, the Carnival offers efficient use of space and comfort for passengers. Features like Tri zone Auto AC, Electronic Parking Brake, Auto Defog windscreen, Smart Cruise Control, front and Rear parking sensors, tilt and telescopic steering wheel adjustment, auto-dimming rear-view mirror and numerous storage spaces throughout the cabin for greater practicality make it a perfect partner on the road.

Details of the trims are as below:

Premium Trim

The base trim of Kia Carnival is loaded with key technology and infotainment features such as touchscreen Audio with Android Auto and Apple Carplay, 4 Speakers and 2 Tweeters and Steering Audio Controls. It will  come with Rear View Camera, 3.5” Cluster LCD Panel, Cruise Control, Smart Key with Push Start/Stop Button, Tilt and Telescopic Steering, Electrically Adjustable Outside Mirror, All Power windows with Driver Auto Down and Auto Headlight Control. 

Premium trim on the Carnival features driver and passenger airbags, ABS with EBD, Front and Rear Disc Brakes, ISO-FIX, and Rear Parking Sensors.

R18”Crystal-Cut Alloy Wheels, Chrome outside Door Handles, Rear Spoiler with LED HMSL and Rear Chrome Garnish accentuate the sophisticated look of the RV.

Premium trim will be available in 7-seater and 8-seater variants.

Prestige Trim

The Prestige Trim naturally offers all the features of Premium trim along with several additions, making the Carnival even more desirable for customers.

Prestige line offers Electronic Stability Control with Hill Assist Control, Roll-over Mitigation and Cornering Brake Control, Side and Curtain Airbags and Front Parking Sensors.

Further enhancing the look and adding convenience to the drive are Front Grille with Chrome inserts, LED Projection Headlamps with LED Position Lamps, Ice Cube Shape LED Fog Lamps, LED Rear Combination Lamps, Roof Rails, Chrome Surround on window, Smart Power Tailgate, UV Cut front door glass and windshield and 220V Laptop Charger and USB Charger.

The Dual Panel Electric Sunroof with all Interior LED lights, Sunshade Curtains, Electric Folding Outside mirror, Chrome inside Door handles, Pop up sinking seats, sliding seats and much more will make the CARNIVAL as comfortable as a home.

The Prestige trim will be available in  7 seater and very practical 9(6 captain + 3 sinking) seat options.

Limousine Trim

This is the top-of-the-line Carnival and will include all the features available in the Premium and Prestige trims. That apart, the Limousine trim is available as a 7-seater option, and will be topped up with 2^nd Row Luxury VIP Seats with Leg Support, Premium Nappa Leather Seat Upholstery, Leather wrapped steering wheel and gear knob, Premium Wood Garnish, R18”Sputtering Finish Alloy Wheels and High Line  Tyre Pressure Monitoring System.

Taking the infotainment quotient a higher will be Touchscreen Audio with In-built Navigation and UVO Connected Car (3 Year Free), Harman/Kardon Premium 8 Speaker Sound System and 10.1” Dual Touchscreen Rear Seat Entertainment System.

Limousine trim takes relaxation and ease to the next level with Smart Pure Air Purifier with perfume diffuser, Electronic Parking Brake, 10-way Power Driver Seat, Driver Seat Ventilation, Front Console Wireless Smartphone Charger and Auto Antiglare inside Rear View Mirror (ECM) with UVO Controls and Smartwatch connectivity.

Prices and further details of the new Kia Carnival and its variants will be announced at the Delhi Auto Expo 2020.

Direct payment from Paytm Wallet, minimum documentation & other benefits of using Paytm FASTag

More than 3 million customers are using Paytm FASTags for a hassle-free commuting experience across India. Read on to know what makes Paytm FASTags the most popular choice for seamless toll payments on more than 500 national and state highways.

Unmatched benefits for Paytm FASTag users

·      Pay directly from Paytm Wallet: Unlike FASTags issued by other banks, Paytm FASTag doesn't require any separate prepaid account to be created. The money for toll payments gets auto-debited from Paytm Wallet and the balance can also be used for shopping, recharges, bill payments, etc.

·      Minimum documentation required: Our users can purchase Paytm FASTags by only providing their vehicle's registration number and certificate. Yes, that's it! Whereas FASTags issued by other banks require the buyers to provide multiple documents like ID proof, photographs and other personal details.

·     Avail cashback: Apart from receiving 2.5% cashback on all toll transactions done at NHAI plazas for the financial year 2019-20, our users of Paytm FASTag can also avail monthly cashback offers.

·      No convenience fee: Our users do not need to pay a convenience fee on any transaction at the toll plazas or for adding money to their wallet, and can easily access the digital receipt of each transaction in the passbook section on their Paytm app. In addition to this, it is delivered free of cost at their registered address and therefore, one does not need to pay any shipping charges.


How to purchase Paytm FASTag?
·      Search for 'FASTag' or tap on the 'Buy FASTag' icon on the Paytm App

·      You will be redirected to Paytm FASTag for Car/Jeep/Van Class 4 Vehicles

·      Enter your Vehicle Registration Number

·      Confirm your delivery address & proceed for payment through any of the available payment options

·      Tag will be dispatched free of cost to your registered address

To further help people conveniently purchase FASTags, we have set up over 250 camps at toll plazas and another 500 have been arranged in corporate offices, residential societies and parking lots in the top 20 cities including Delhi NCR, Bengaluru, Mumbai, Hyderabad, Chandigarh, Pune, Chennai, and Jaipur.



How to activate and recharge FASTag
·       FASTag is automatically activated post the validation of the vehicle RC scans submitted by the user during the time of purchase

·       To recharge, simply add money to your Paytm Wallet and the toll payment will get auto-deducted once you cross the FASTag lane on NHAI toll plaza

Remember, that FASTag can be used for toll payments only after 20 mins of adding money to the Paytm Wallet.


How to use Paytm FASTag?
Paytm FASTag works in a highly user-friendly manner, with minimum effort required from your end. Follow the below steps and zip through NHAI tolls:

·       Step 1: Remove the adhesive strip and put the tag carefully in the centre of your vehicle's front windshield

·       Step 2: Add sufficient money to your Paytm Wallet using UPI or from any bank account

·       Step 3: Enter the dedicated FASTag lane at NHAI Toll Plaza. The Reader at the plaza will read your tag’s detail and applicable toll charges will automatically get deducted from your Paytm wallet.

FASTag not working? We are there to help you 24X7

You can call us on our FASTag toll-free number - 1800-102-6480 or chat with us by tapping on the '24X7 Help & FAQs' icon in the Toll & FASTag section on your Paytm app.

In case the RFID/handheld Scanner is not working at the toll, please reach out to NHAI on their toll-free number - 1033 for resolving your issue. If the issue still persists, you can contact us on our FASTag toll-free number mentioned above and we will assist you in raising the issue with the relevant authority.

13th ICAI Awards on 14th January 2020 to honour Chartered Accountants

The Institute of Chartered Accountants of India (ICAI) will host its premier event the 13^th ICAI Awards on 14^th January 2020 to honour Chartered Accountants for their exemplary contributions and professional excellence in various categories at a felicitation ceremony in Mumbai.

The awards were instituted in 2007 to honour professionals with excellent skills, dedication, enthusiasm, leadership, and the ability to deliver the best that we all strive to emulate. The jury comprising of eminent personalities deliberated for long hours on nominations received and selected the awardees under the Chairmanship of Shri Kishore Biyani, Founder of Future Group.

Other members of the Jury Panel were, CA. K.K. Maheshwari, MD, Ultra Tech Cement Ltd., Shri Sanjay Kumar Jain, IPS, Director (Exploration), Ministry of Petroleum and Natural Gas , CA. Anand Rathi, Chairman, Anand Rathi Group, Adv. Sanjay Jhanwar, Managing Partner, Chir Amrit Legal LLP, CA. Subhash C. Aggarwal, CMD, SMC Group, Shri Sachin Jain, IRS, Commissioner, CGST-CX Allahabad, CA. Kamlesh  Vikamsey, Member, Audit Advisory Committee (AAC), United Nations Children's Fund (UNICEF), Shri Satish Kashinath Marathe, Director, RBI, CA. V. K. Viswanathan, Independent Director, HDFC Life Insurance, CA. Sushil Agarwal, Group CFO, Aditya Birla Group, CA. R.M. Vishakha, MD & CEO, IndiaFirst Life Insurance Company Ltd & Shri Milind Deora, Former Member of Parliament

Corporate Consultant and Management Author Gurcharan Das and ORF Distinguished fellow and Author Capt Raghu Raman will be the Guest of Honours at the awards ceremony.

To provide extra value addition to the event attendees will get the advantage to participate in a Leadership Summit 2020, a multi-track summit which is an excellent platform for professionals to participate in knowledge enriching sessions. It has been designed and formulated in a manner to update the knowledge of the members on contemporary and path breaking topics as well, which are of relevance to their professional domain and interest such as accounting, accountability and ethics to robotics, challenges of modern finance, and opportunities and risks in the times of trade war and data war.

The Penang Convention & Exhibition Bureau (PCEB) launched its annual roadshow to India in Mumbai

13 January 2020

( L to R ) Mr. Ashwin Gunasekeran, CEO, PCEB,  The Hon. Mr Yeoh Soon Hin, Penang State Minister for Tourism, Arts, Culture and Heritage, Mr. Satees Muniandy

Malaysia’s Penang Convention & Exhibition Bureau Leads Delegation of 15 to India, Launching New Incentives and Support for the India Market

Mumbai, India — The Penang Convention & Exhibition Bureau (PCEB) launched its annual roadshow to India in Mumbai this morning at the Four Seasons Hotel as part of the Penang Roadshow to India 2020.

Beginning the roadshow in Mumbai on 13th Jan, the Penang delegation will continue on to New Delhi on 15 Jan, Chennai on 17 Jan and Kochi on 20 Jan with the objective of promoting Penang as the preferred destination for corporate and association meetings, conferences, and incentives, and leisure travel.

                                                         

Penang is world-class travel destination, one that is famed for its unique offerings of a modern international island city, a UNESCO World Heritage Site, lush rainforests, beautiful hill station, shopping galore and fabulous food. Additionally, this Northern Malaysian state is one of the world’s top travel destinations.

Capitalising on Penang’s rising popularity in India, the Penang Roadshow to India will host, in each of the four cities it is visiting, a B2B engagement session with participating Business Events and leisure travel buyers from India as well as a media session with the local Indian and Business Events media.

Led by The Hon. Mr Yeoh Soon Hin, Penang State Minister for Tourism, Arts, Culture and Heritage, and Mr. Ashwin Gunasekeran, Chief Executive Officer of PCEB, the roadshow is supported by a Penang delegation of 14 partners, including hotels, destination management companies, attractions, professional conference organisers and event experts. Also accompanying the Penang delegation is The Hon. Mr. Satees Muniandy, Penang State Assemblyman for Bagan Dalam. Also joining the roadshow as the Official Media Partner is TIN.Media, Malaysia's home grown B2B Travel Industry Media, and PCEB’s strategic airline partner, Malaysia Airlines.

PCEB is also launching the Penang Specialist Programme designed for the Indian market. The Programme will equip select outbound travel, MICE, wedding and filming agencies with first-hand knowledge of Penang through a full day workshop conducted in each city concurrently with the B2B engagement session. Among the incentives that the Penang Specialists can qualify for are special incentive for group sales of 100 pax and above, famil opportunities to Penang, opportunities to attend PCEB’s training and networking programme in Penang and India, and much more. The certification of the Penang Specialist Programme is valid for three years upon which qualifying members will be invited for recertification. The workshop is conducted by Ms. Katharine Chua, the Managing Director of Penang’s Tropical Spice Garden.

“The number of Indian travellers to Penang has also increased in recent years. The Penang Immigration Department reported that for the period between Jan to Dec 2019, 61,847 Indian travellers visited via the Penang International Airport and Penang Swettenham Port (cruise liners) compared to 43,537 in the same period in 2018. This is a 42% increase, making it one of the healthiest growths we have experienced,” said Mr Ashwin Gunasekeran, Chief Executive Officer of PCEB.

“India is one of the top five markets for Business Events in Penang, and over the past years, we have received encouraging interest from event planners and conference organisers. In 2019, 4% of Business Events of Asia Pacific origin was from India, contributing RM268.6 million (USD 65.89 million in estimated economic impact,” he added.

To further attract the Indian outbound meetings and conference market, PCEB introduced a new support package specially tailored for India. The support packages start from as low as sponsorship of souvenirs and welcome luncheon for the organisers valued at RM3,500 (for confirmed meetings/conferences of 50 to 100 delegates) to hosted site inspections, welcome luncheon for organisers, cultural performances and souvenirs valued at RM10,000 (for incentive groups of 501 delegates and above.)

Penang Roadshow to India 2020 Partners:

1.      Ace Conference & Events

2.      Asian Overland Tours & Services

3.      Apollo Holidays Malaysia

4.      Goche Corporation

5.      Hotel Equatorial Penang

6.      Malaysia Airlines

7.      Malaysia International Trade & Exhibition Centre (MITEC)

8.      Mercure Penang Beach

9.      Setia Spice Convention Centre

10.   Shangri-La’s Rasa Sayang Resort & Spa and Golden Sands Resort

11.   The Habitat Penang Hill

12.   The Wedding Company.Asia

13.   Tropical Spice Garden

14.   TIN.Media