BACK TO BUSINESS FOR GAVIN

BACK TO BUSINESS FOR GAVIN

AT SECURITIES COMMISSION

"A New Property Cycle Begins in 2010"

Last Saturday (24^th January 2010) was an exciting one, as over 500 participants attended the one day “Where to Put Your Money in 2010” event at the Securities Commission Malaysia, Bukit Kiara. With a distinguished list of speakers from the real estate, market trading and banking industries, it was a memorable outing for any investors as wave after wave of knowledge and key facts were pointed out.

One of them was Gavin Tee Swee Heng, a Real Estate Investment Consultant and Speaker. His key notes on “2010 – The property trend and its opportunities” proved enlightening and filled with vital facts as the participants listened intently.

“The Secondary Market is a strong market force in the next few years to come. Many investors will slowly but surely turn towards these categories as they see their potential in the upcoming years,” he said. “Tourism- related properties and Green Building Concept will also start to get popular and investors shall look into it from this year,” he added.

Despite the concerns of racial issues and discrimination, the unstable and ever-changing political stance, and the huge influx of overseas migration and overseas market investments slowing down the economic growth, Gavin still thinks that these are not enough to halt our rise in the property sector. “All the above might lead to a slowdown in the property market growth and result in “Malaysia’s property value becoming the lowest in the region. However, I look at it as a good opportunity as there is bound to be changes very soon. The globalization process will definitely take place and the nation has no choice but to be more liberalized.”

Gavin also shared his experience in his property study trips to Dubai, Shanghai, Australia and analyzed the over supply problems and speculations.

The seminar was held in Mandarin and organized by Hua Zhong (The Federation of Chinese Associations Malaysia), Sin Chew Daily and Great Vision.