11th Malaysian Property Summit
The property market continued its downtrend to the H1 2017. Volume was down from 156,901 transactions in the H2 2016 to 153,729 transactions in H1 2017 or approximately 2.02% whilst value has declined by 15.78%. Since 2012, the volume of transactions had been sliding downwards and by the H1 2017, the decline is 28%. The value of transactions had also been declining but the drop in values since 2012 by comparison is not that much at about 5%.
Over the years, the Government has been paying a lot of attention to the property sector through fiscal and taxation policies to bring about some order into the general economy. The measures taken by the Government appears to bear fruit considering more efforts are being taken by industry players in conducting market research, economic study and data analysis before developing, marketing and funding real estate projects.
The economy seems to have weathered the downturn and the growth in the Gross Domestic Product of the country appears to be on the rise as seen from the latest growth rates. From about 4.0% in mid-2016, it has grown to 5.8% in mid-2017 which augurs well for the nation. There has also been improvements in the Ringgit as it is seen as strengthening against most of the major currencies after a couple of years of weakened sentiments.
Are we seeing a fundamental improvement in our economy and is the property market supported by strong fundamentals? Are we seeing an upward swing? Is the property market poised to ride on the general growth of the economy? What factors must the major players look into? What regions will grow? What sectors will take off? Or are we in for a continued sluggish non-directional move in the real property sector?
Our speakers will address some of the ills affecting the market. This will be bolstered by data and information from the real experts in the real estate industry. Hear the experts discuss.
The market is waiting to hear what was the impact of the last few years’ lacklustre movements in the property sector. Will the growth in the GDP spark a positive movement? We hear Pundits and Property Gurus expounding their versions; but we invite you to listen to professionals who are trained in the area of property market analysis share their expert knowledge. Facts and figures do not lie.
We are also honoured to have Yang Berhormat Dato’ Seri Haji Johari Bin Abdul Ghani, Minister of Finance II to grace our event and deliver the keynote address. The 2018 Summit will also discuss the next game changer in our city centre’s skyline i.e. the TRX and the impact of the Belt and Road initiative for Malaysian Real Estate. Our carefully selected speakers will also deliberate on the advent of Industrial Revolution 4.0 and how it will affect the economy in general and the real estate sector in particular.
Also dealing in detail on the commercial office and retail markets are experts who use their very exhaustive data banks and research departments to analyse and provide a framework for easy understanding and careful decision making.
These are some of the areas that will be discussed in depth at the 11th Malaysian Property Summit this January 2018. For these reasons it will remain one of the most anticipated events each year. Analysts, developers, bankers, Government organisations have always been keen supporters of this event.
This is the Summit of the property market, for the property world, by the property people put together by the very industry people, to whom property people turn to when they need advice, consultation, research and analysis, testimony, professional opinion, expert witness and evidence, support and prognostication on the property market.
The Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia (PEPS), the body that represents the reputable and established private valuation and consultancy practices, has come together to provide the Malaysian Property World with the width and depth of its accumulated research and analysis, prognosticate for this coming year, 2018, the expectations of movements, fluctuations and changes that can be expected to happen in the property market, and the reasons for it.
The objective of this Summit, as in previous years, is to present to the Malaysian Property Industry and players an authoritative view of the state of the real estate industry. As valuers, land economists, property consultants, real estate investment analysts, and, by and large, the only people trained and paid to judge the market and the outcomes, and the only people who have an in-depth knowledge of what is happening in the market, the speakers would be able to tell the world at large exactly what has been happening, and how the market is to behave and perform. The databases of the major property consultancy firms will be thoroughly examined and in-depth research built into the prognostications that will be presented by the industry’s key idea-men.
We have identified experts who specialises in a particular property sector to provide the participants with the best answers to questions asked or lurking in the minds of bankers, developers, analysts, investors, decision makers, institutional agents, fund managers and others.
For each sector, each speaker will do the following:-
- Outline the historical background with data and analysis;
- Geographical spread and classifications;
- Relative importance to the industry;
- Relationship to the economy and market;
- Highlight the last three years’ activities;
- Give an opinion on what has happened including an analysis of the drivers affecting it;
- Outline the key drivers that will drive the market in the future;
- State his opinion on what direction the market will take based on his analysis.
The 11th Malaysian Property Summit 2018 is a Property Conference not to be missed and we look forward to your attendance.