Gavin Tee: Malaysia’s Condos Reaching RM5K psf by 2016

In a recent talk, property consultant Gavin Tee has predicted the following:-

  1. Price psf of luxury condos in Malaysia might hit RM5K within the next 5 years
  2. Real estate market in Kuala Lumpur would mature and hit its highest point by 2020
  3. Toursim-related properties in Malaysia would become the most expensive by 2018
  4. Iskandar Malaysia would have the second highest property values after Kuala Lumpur by 2016
  5. Hotspots for the Klang Valley would include Bukit Bintang/Jalan Stonor, Maluri/Cochrane, Sentul, KLCC vicinity, U-Thant, Sungai Buloh, Ulu Klang/Melawati, and Bukit Jalil/Equine
  6. For the rest of Malaysia, the hot spots would include Kota Kinabalu, Penang, Malacca, Iskandar Malaysia, Cyberjaya, Kuantan, Ipoh, Muar and Klang.

Source from: i-Property

Malaysia's Condo Prices to Hit RM5,000 psf

Malaysia’s condo prices will likely reach RM5,000 psf within the next five years, said Gavin Tee, Founding President of SwhengTee International Real Estate Investors Club (SwhengTee REI Club).

“We are experiencing exciting times in the real estate market. The greatest opportunities in property investment will take place in Malaysia this year,” said Mr. Tee at “The Best, The Worst, All in 2011” property investment seminar at the Grand Dorsett Subang Hotel in Subang, organised by SwhengTee REI Club.

Kuala Lumpur’s property market would have matured and reached the highest point by 2010, he said, adding that Malaysia’s tourism-related properties would become the most expensive by 2018.

Mr. Tee also expects that Iskandar Malaysia will have the second highest real estate values after Kuala Lumpur by 2016.

With condo prices hitting RM2,900 psf and land prices reaching RM7,209 psf in the Golden Triangle, along with the various development and infrastructure works happening within the surrounding areas, luxurious condos will likely escalate in the next five years.

Mr. Tee also identified hotspots for Klang Valley, including Bukit Jalil / Equine, Ulu Klang / Melawati, Sungai Buloh, U-thant, KLCC Luxury Apartments, Sentul, Maluri/Cochrane and Bukit Bintang/Jalan Stoner.

He also recommended Klang, Muar, Ipoh, Kuantan, Cyberjaya, Iskandar Johor, Malacca, Penang and Kota Kinabalu.

Source from: Home Guru

Malaysia's Condos reaching RM5k by 2016


Opportunities and challenges ahead in Real Estate Market

Kuala Lumpur, 22nd January 2011 –
In today's “The Best, The Worst, All in 2011” property investment seminar, organized by SwhengTee International Real Estate Investors Club (SwhengTee REI Club) at the Grand Dorsett Subang Hotel, Subang, Gavin Tee, Founding President of SwhengTee REI Club forecasted that Malaysia's condo prices will hit RM5,000 per square foot within the next 5 years. Ho Chin Soon, Director of Ho Chin Soon Research, was the special guest speaker for the occasion.

“We are experiencing exciting times in the real estate market. The greatest opportunities in property investment will take place in Malaysia this year,” said Gavin Tee, Malaysia's well-known real estate investment consultant. His other forecasts include the real estate market in Kuala Lumpur would have matured and hit the highest point by 2020, tourism-related properties in Malaysia will become the most expensive by 2018, and Iskandar Malaysia will have the second highest property values after Kuala Lumpur by 2016.

With condo prices reaching RM2,900 per sq ft and land prices hitting RM7,209 per sq ft in the Golden Triangle, combined with several development and infrastructure works taking place within and the surrounding areas, as well as average prices of city apartments being the second lowest in the region at almost 1/8th of Singapore's property prices, luxurious condominiums are expected to escalate within the next 5 years.

Gavin Tee covered topics such as how to “Tap The Greatest Investment Opportunities In The Ever-Changing Property Market”, “Advanced Real Estate Investment Strategies” and “Identifying The Hotspots – Where Do I Put My Money Down?”

Until September 2010, Iskandar Malaysia had attracted RM64.38billion. With several major infrastructure works, projects and investments taking place, as well as the expected Singapore-Kuala Lumpur High-Speed Rail train going through Iskandar Malaysia, its property values are expected to rise to greater heights.

Kinabalu Park, Melaka and George Town are on UNESCO's World Heritage List, making them international tourism destinations. As Malaysia increases its attractiveness as a tourist destination, the economic benefits from a thriving tourism industry would contribute to the value of tourism-related properties.

Among the strategies Gavin shared with included investing in the secondary market, buying prime properties en-bloc as a group, leveraging and managing financial resources, disposing the worst properties and buying the best ones.

His identified hotspots for the Klang Valley includes Bukit Bintang/Jalan Stoner, Maluri/Cochrane, Sentul, KLCC Luxury Apartments, U-thant, Sungai Buloh, Ulu Klang/Melawati, and Bukit Jalil/Equine. For the rest of Malaysia, he recommended Kota Kinabalu, Penang, Malacca, Iskandar Johor, Cyberjaya, Kuantan, Ipoh, Muar and Klang.

Opportunities and Challenges Ahead in Real Estate Market

by Laura Lee from Home Trader


2011 will present the best and the worst opportunities in the real estate (RE) market due to several factors. They include the implementation of a maximum loan-to-value ratio of 70% as well as an overpriced and oversupply scenario.

The Prime Minister Datuk Seri Najib Tun Razak's Economic Transformation Programme and the development plans that were announced in Budget 2011, especially the Greater Kuala Lumpur project, are expected to spur the RE market.

Speculation that Malaysia will have a general election soon will also affect the market’s performance.

In anticipation of the major adjustments that the real estate market will be undergoing in 2011, Swhengtee International Real Estate Investors Club founder and president Gavin Tee will kick-start the first of its property forecast seminars entitled, “The Best, The Worst all in year 2011”, in Chinese this Sunday (16 January) at Grand Dorsett Subang Hotel, Selangor.

During this full day seminar, Tee will be presenting three talks. His two morning talks are on “Golden investment opportunities of the decade” and “Booming period of a super cycle”.

The forum on “New Year Investments and Strategies” at 1.30pm will feature Tee together with three other panellists. They are lawyer Tee Lian Eng from M/s Tee & Teoh, mortgage consultant Matthew Lee from Mortgage Broker Sdn Bhd and B.I.G Plots Sdn Bhd director Tan Hwa Chuan.

Tee continues in the afternoon with a talk on “Top 11 hotspots in Klang Valley and Malaysia in 2011”.

A similar seminar will be repeated on 22 January at the same venue in English with Ho Chin Soon Research director Ho Chin Soon as its special guest speaker.

According to Tee, “We are experiencing exciting times in the real estate market. If you are interested in what 2011 has to offer, don't miss these events. Arm yourself with strategic information on the property market and start off the New Year on a positive note to enhance your investment portfolio.”




DINE IN STYLE WITH THE RICH & FAMOUS


Success and prosperity goes hand-in-hand with property investment. Based on Forbes.com's 'The World's Billionaires' list for 2010, Li Ka-shing, Lee Shau Kee, the Kwok family, and Robert Kuok are among Asia's richest billionaires, and all of them have made their fortunes through real estate. It is time, opportunity, knowledge and relationships that determines how accomplished an investor can be in the property market. It is not just what you know, but who you know, and mingling with the 'Rich & Famous' is the way to go.

SwhengTee International Real Estate Investors Club (www.swhengtee.com.my) is organising the '2011 Real Estate Investors Chinese New Year Dinner' at the Ballroom Level 5, Cititel Hotel, Mid Valley City, on Saturday, 19th February 2010, at 6.30pm. The theme of the dinner is 'Rich & Famous', bringing professionals, investors, property agents and real estate developers together, to celebrate this auspicious occasion and build connections for mutual success.

This is a golden opportunity to widen your network and stay on top of property developments. Don't miss this exclusive event that takes place once a year and our guests include celebrities, CEOs and successful business personalities. Join us as we look forward to a prosperous new year together.

Please call +6012-3760 020, +6016 2020 001 or +603 2288 8588 to reserve your place now!

Malaysia Property Market Outlook 2011

2011 Property Forecast Seminar: The Best The Worst all in Year 2011

This is now 2011, plan to invest in property? you should not miss this seminar, 2011 investment strategies present by Gavin Tee with special Guest Mr Ho Chin Soon, call 016 2020 001 for more details.

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