Property Hunter Magazine Property Hunter Magazine Issue 52 - March 2014 | Page 72

/// Contributor Dr. Daniele Gambero CEO and co-founder of REI Group of Companies Dr. Daniele Gambero is the CEO of strategic marketing consultancy firm REI Group of Companies. He holds an MBA from L. Bocconi University in Milan-Italy, Master in Communication from the University of Michigan Ann Arbour MI – USA, Ph.D in Marketing Strategies and Communication from L. Bocconi University and University of Michigan. With his vast experience in strategic marketing consultancies, investment studies, researches, property market reports and business valuation globally, the REI Group of Companies helps Malaysian developers with business solutions relating to design, concept, strategic marketing and pricing, advertising and marketing and sale procedures for their residential, commercial and industrial projects since 2007. Dr. Gambero’s lectures attract large crowds due to his lively presentation of serious topics with deep insight into the Malaysian Property market since 2011. While the author makes reasonable efforts to present information which he believes to be reliable, the author makes no representation that the information or opinions contained in this article is accurate and complete. Readers are advised to seek specific professional advice before acting on the views. 72 www.PropertyHunter.com.my Touristic Hot Spotsand the Property Market Sustainability P enang has been for several years the 8th chosen destination worldwide for retiring and this year has been achieving also to be the third destination in the world for the best original food. Kota Kinabalu has been for years one of the best destination for diving and water sports attracting millions of tourists every year. Both these Malaysian touristic paradise have been also gaining a top ranking position as Property Investment and the last 6-8 years have seen property values multiplied two or even three times. The Government has set 2014 as the Visit Malaysia Year and this will further contribute to spread the fame of these two touristic/property hot spots worldwide dragging a targeted 30 million tourist to hit the Malaysia shores and keep on maintaining the Malaysian Tourism as third earner of foreign exchange and the Tourism industry to contribute for and estimate 15% to the Nation GDP. It is surely interesting to compare the trend of tourist arrivals between 1998 and 2012 and their “spending” capabilities which are all in favor of a flourishing touristic industry.