source from : starproperty.my

Gavin Tee, fourth from the left, together with his staff, posing with winners of 2011 Hotspot Contest. Adamin Corporation Sdn Bhd director Kok Pick Tong (third from left) won the grand prize worth RM3,000 which entitles him to an investment course with SwhengTee International Real Investors Club

Kuala Lumpur and KLCC emerged as the leaders in Malaysia and Klang Valley respectively, in a survey of investment hotspots conducted among 421 participants by Swhengtee International. Matching a prediction by SwhengTee International Real Estate Investors Club founding president Gavin Tee, of them being the top hotspots, their connectivity from the Kuala Lumpur International Airport to the City Centre would result in the eventual internationalisation of properties there.

Petaling Jaya came in second within Malaysia and the Klang Valley as a very attractive investment destination, because it is a matured city with lots of investment opportunities, which are present through usage conversion of its buildings, old factories, vacant land, and redevelopment value in its properties.

“However, What is HOT may not be good to invest,”commented by the Swhengtee International Real Estate Investors Club founder Gavin Tee. Education is still a problem, people are not aware of potential opportunities and hidden risks. He thinks that whatever people are dashing to buy are normally where the bubbles are. Investors should evaluate if the hotspot is in the stage of “Warming up, Hot or Overheated.”

Penang, Kota Kinabalu and Melaka took third, sixth and eighth places respectively, as they are international tourist destinations that are inscribed on UNESCO's World Heritage List. These places are tourism hotspots, making tourism-related real estate in these areas among investments with the most potential.

Johor Bahru took fourth place, due to the impressive development taking place within Iskandar Malaysia, with foreign and local investments surpassing expectations in recent years. Other property hotspots in Malaysia include Putrajaya/Cyberjaya (5th), Shah Alam (7th), Seremban (9th), Ipoh (10th) and Kuching (11th).

Audience listening attentively on property hotspots

Within the Klang Valley, Kota Damansara came in at an impressive third rank, with a matured neighbourhood, excellent amenities, improved accessibility, and vibrant lifestyle. Its commercial and residential enclaves are set to benefit from the proposed Klang Valley Mass Rapid Transit Sungai Buloh – Kajang Line.

Bukit Bintang (4th place ), as Malaysia's premier shopping district, stands to be a more vibrant tourism destination, when it is linked to KL Sentral, which is also connected to KLIA, through the Sungai Buloh – Kajang MRT line. With two stations proposed to be at Bukit Bintang East and Bukit Bintang West, it will become conveniently accessible to tourists.

Other property hotspots in Klang Valley were Sungai Buloh (5th), Puchong/Kinrara (6th), Mont'Kiara/Sri Hartamas (7th), Jalan Klang Lama/Kuchai Lama (8th), Ampang (9th), Bangsar/Damansara Heights (10th) and Bukit Jalil (11th).

It is reasonable to be worried about property bubbles forming as they may be scattered around various places within the next 3 years. The bubbles may look similar to the 1997 property crash, where properties were oversupplied and overpriced in unpopular areas. However, the general market will remain strong.

The people from left are Lee Ding Ding, Gavin Tee and Olivia Wong

Gavin believes the hotspots are changing more rapidly since 2008 as Malaysia steps into Real Estate Globalisation process after Singapore, Hong Kong and China. Greater KL, MRT and Mega Project developments have moved Kuala Lumpur into a world class city. He predicts that service apartments or condominiums in Malaysia will hit RM5000psf within 5 years.

Globalisation will turn CBD and tourist spots (Melaka, Penang, Kota Kinabalu, Langkawi, etc) real estate into properties with international price tags, thus, RM5000 psf (equal to SGD2000+) is nothing to be surprised about. He also explain that high price is partly caused by high land and building cost, the country's economic development, properties being commercialised and people are much more willing to put housing as priority in life.

Gavin recommends to invest as the next 10 years are the 'Golden 10 years' in Malaysia real estate, However, he also reminds that identifying a hotspot requires a professional approach, study and high network. He concludes that hotspot may not be in the city centre. It can be a rural, river or new village development as long as the potential of growth exist. The hotspots will definitely distributed to all corners in the country.

Where are Malaysia's property hotspots? Share your thoughts and win RM5500 worth of prizes

Swhengtee International Real Estate Investors Club is calling for participation to its 2011 Investment Hotspots Contest to seek public opinion on the location of Malaysia's property hotspots.

One of the most often-asked questions by property investors are “Where are the property hotspots?” As opinion tends to differ for different investors, Swhengtee International is organising this contest to gauge the popularity of various locations in terms of property investment. The Real Estate Investors Club intends to organise this contest annually.

There are two categories for the survey, which are locations for property investment in Klang Valley and in Malaysia. A total of 33 options for Klang Valley, ranging from KLCC to Klang; and 23 options for Malaysia, ranging from Kuala Lumpur to Kota Kinabalu, are available. Participants are invited to select the top 11 hotspots in Klang Valley and Malaysia respectively.

The contest ends on March 11^th, at noon. Survey participants stand to win prizes such as a Swhengtee Real Estate Investors Course, Ho Chin Soon's Klang Valley roll map, A Leap Forward in Real Estate: The DVD Collection, an autographed Dr. Landlord book, and a chance to participate in Swhengtee International Real Estate Investors Club's seminar. Winners will be invited to a prize-giving ceremony on March 16^th, 2011.

For more information, visit www.swhengtee.com.my.

"Massive changes will occur in the real estate industry in 2011. Where should property investors focus this year? Where are the investment hotspots in Malaysia and Klang Valley? Which locations are best for investment purposes?

In conjunction with Swhengtee International Real Estate Investors Club's "The Best, The Worst, All in 2011" seminar, a "Hotspot Investment Contest" was held to gather the views of 250 investors, on where they perceive as the top 11 hotspots in Malaysia and Klang Valley.

9th February, 2011

Real estate investment in Malaysia will see its golden era in the next 10 years, said Gavin Tee, Founding President of Swhengtee International Real Estate Investors Club (Swhengtee International REI Club).

Mr. Tee recently predicted that the Malaysian property market should have matured by 2020 and reached its pinnacle. Over 10 million people will work and live in the growing Greater Kuala Lumpur megalopolis, while a minority of the population will own most of the properties in city centres or other prime areas.

With condominium prices hitting RM2,900 psf and land prices reaching RM7,209 psf in the Golden Triangle, along with various development and infrastructure works happening within the surrounding areas, luxury condos will likely escalate to RM5,000 psf in the next five years.

By 2016, Iskandar Malaysia will likely have the second highest property values after Kuala Lumpur, with the expected Singapore-Kuala Lumpur High-Speed Rail train passing through various major infrastructure works, as well as investments and projects taking place.

Mr. Tee added that Malaysia’s tourism-related properties will become the most expensive by 2018, as the country increases its attractiveness as a tourist destination. Gunung Mulu National Park, George Town, Kinabalu Park and Melaka are on the World Heritage List of UNESCO, making them international tourism destinations.

Mr. Tee said residential prices in Malaysia rose just 3.3 percent in 2010, quoting Deputy Housing and Local Government Minister Datuk Seri Lajim Ukin. Citing a survey by the Global Property Guide, he said price appreciation of residential properties in the country was the second lowest in Asia. This makes property investment in Malaysia attractive, he said.

Source from PropertyGuru.com.sg

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.

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

Opportunities and challenges ahead in Real Estate Market

Kuala Lumpur, 22^nd 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 1/8^th 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.