Issue # 3
8
to at this moment is the fact that the world
is ageing at a very quick speed. By the year
2050, there will be more retired people
compared to working individuals…a very
scary scenario indeed.
SPOTLIGHT QUESTIONS
Before we ended the interview with
my good friend Dr Daniele Gambero, we
decided to put him under a SPOTLIGHT
with three very important questions:
Spotlight Question 3: What are some of
the key areas locally and internationally
that are in high demand right now?
Spotlight Question 1: Are there enough
affordable housing options in the
country?
Answer: Penang (tourism and education),
Ipoh (aged care services), KL and Greater KL
a good mix of properties, Malacca (tourism-
related but there is a saturated market
there), Iskandar Malaysia (residential
landed below RM600k and industrial),
Kuantan (tourism and industrial
driven), Kuching and Kota
Kinabalu (Affordable
below RM300k,
tourism-related,
light logistic,
warehousing
and education).
Answer: Definitely not. In general, there
is a misconception on supply and demand
as too many people share a negative
perception that Malaysia is over-flooded
with properties. This is indeed
untrue!
“Total number of existing,
under construction and planned
residential properties in Malaysia
as at 31st, December 2017 was
6,623,743 units. As mentioned, this
number includes all the existing properties
plus the ones under construction and
planned to be constructed soon. In other
words, the 6 million-plus above, will only
be available for use by the year 2022. By
then the total population of Malaysia will
easily reach 34 million people or 7.9 million
households. This last number compared
to the total number of residential units
leaves ample space for optimism in terms
of supply/demand paradigm, isn’t it?” –
excerpt from an article written by Gambero
for a University publication.
Spotlight Question 2: Is there an
economic slowdown expected to hit
globally?
Answer: From a global point of view, we
have to be aware of several ‘timebombs’
around us. Trade war US-China, Brexit in
Europe, Japan gigantic public debt and so
on are all factors that will affect the future
trend of the global economy. Another
factor that not many are paying attention
PROPERTY360DIGEST
Stay tuned and follow REI group and
The Propenomist (Gambero) throughout
all their social media platforms.
“Something bombastic is going to begin
this January 2020. We do hope to have as
many as possible of onboard with us”
“
Facebook: Dr Daniele Gambero @
ThePropenomist (like page)
Instagram: gamberod
YouTube: REIGroupMY
Linkedin: Dr Daniele Gambero (BOX
UP THIS HIGHLIGHTS)
Thumbs up to one of the
most independent voices in
the market since many years.
Property360Digest, Emjay
Communication and Guna have
been around for many years and
their knowledge of the market place
them as the expert in real estate!