With a strong belief that everyone has the right to own a house, Dato Sri Gavin Tee, the mentor of “Anyone can be a Property Millionaire” thinks Malaysian property is still affordable and people should be able to own a property despite the current dire market conditions.
“The definition of affordability was further elaborated during the press conference whereby transportation, family income and cost of living play an important role,” says Tee, during the kickoff of the property millionaire search, for his TV show ‘Anyone can be a Property Millionnaire’.
The search is on for Malaysia’s future property millionaire star who will take to the stage together with fellow millionaire as part of a real estate reality TV show, the first of its kind in the country and possibly the world.
According to Tee, everyone can apply to participate. Shortlisted participants will then go through a selection process where factors such as how they express themselves, financial ability, assessment tests results, and a simple self-introduction, will be taken into consideration.
“These basic qualities are essential to ensure the participants are able to go through the entire buying process successfully while being watched by the audience.”
“This doesn’t mean you have to be rich or smart to succeed in property investing. The whole idea of this TV programme is to show that anyone can succeed in property investing if given the right guidance and training,” he added.
Tee will personally guide each of the 8 participants at each stage of the buying process, from the selection of properties, borrowing of loans to the signing of the Sale & Purchase agreement. The objective is to buy a property that eventually gives the greatest return within a specific time-frame.
“There will be at least one participant who would be worth at least a million ringgit at the end of the show,” Tee, a leading international real estate trainer and investor promised.
The shortlisted applicants will be placed under 8 different categories – Celebrity, Professional, Foreigner, Disabled, Businessman, Young Graduate, Retiree and Real Estate Expert.
At the same event, the consultant also announced the launch of a brand new award – Malaysia’s Best Investible Project Award 2016.
In conjunction with “Anyone can be a Property Millionaire” Reality TV Show, we would like to award 6 developers who have demonstrated excellent project achievements,” he said, adding that the developers will be showcased in the reality show.
This show is expected to broadcast in the 2nd quarter of 2017.
Mangalesri Chandrasekaran, Editor at PropertyGuru, edited this story. To contact her about this or other stories email mangales@propertyguru.com.my
