It was a full house at the Malaysia Property Show’s seminar sessions.
At the recent Malaysia Property Show, participants were given the opportunity to tap into the latest insights from key experts and view a range of projects from established developers.
By Mindy Chong
More than 580 people visited PropertyGuru’s Malaysia Property Show held at The St. Regis Singapore on 30 September and 1 October. With the latest news on the upcoming 14th general election and China’s increasing investments in Malaysian infrastructure and the development sector, the event attracted participants who were keen to tap into exclusive Malaysian property updates from key experts, and consider new investment opportunities across various states in Malaysia.
The seminar began with a market prediction and Malaysian property trends for 2018, catalytic projects to look out for in Malaysia, legal know-hows and guidelines on purchase of properties by foreigners, and the Propenomy model for a successful property investment.
Attendees also received informative updates on the taxation life cycle, alternative financing methods in purchasing a Malaysian property, the development of Japan’s first pre-fabricated homes in Sunway Iskandar, and returns from investing in the luxury real estate market.
In addition, they interacted with various experts on the opportunities and risks in investing in the soft market versus the hard market in Malaysia during the panel discussion.
The event also became a platform to tap into the growth potential of real estate hotspots, particularly Penang, Kuala Lumpur, Malacca and Johor.
Developers turn out in force
Aspen Vision City Sdn Bhd, Daiwa Sunway Development Sdn Bhd, Hatten Group, BBCC Development Sdn Bhd, Eco Sanctuary Sdn Bhd, Damansara City Sdn Bhd, Naza TTDI Sdn Bhd, United Malayan Land Berhad and Sunway Iskandar Sdn Bhd were amongst the participating developers.
Kelvin Yip, associate director of Knight Frank Malaysia, pointed out that many investors are adopting a wait-and-see approach, but the Malaysian property market is set for an upturn in the coming year, backed by Malaysia’s economic growth and lower unemployment rates. The real estate market is poised for a comeback, making 2018 an opportune time to invest in Malaysian property.
He added that the Malaysia Property Show allows investors to interact not only with other property enthusiasts, but they are able to meet exhibitors who are able to provide greater insights on Malaysian property.
Make better investment decisions
“As a property investor, it’s very important to have suffice information to make a sound investment decision. Amongst the many properties available in the market, investors should know how to select the right property based on their needs and requirements. Therefore, this event has helped them to gain more knowledge for their investment in Malaysia,” said guest speaker Agnes Wong, managing partner at Syarikat Ong Group of Companies.
Participating exhibitor Aaron Gan, marketing & sales senior executive at Sunway Iskandar Sdn Bhd, said the Malaysia Property Show is a very good platform to reach out and have face-to-face interaction with foreign buyers and investors.
“There will be a lot more people who are keen to know more details about Malaysian property. For those who are interested to invest in Malaysia, it is advisable to consider properties for retirement purposes, as a vacation home or for rent,” said Gregory Low, founder of CORE Home Management.
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