Is there a commercial property glut? Malaysia’s top CEOs coming together to explore innovative ideas to create demand for under-utilized real estate space.
In the 12 months, there have been reports in the press on the concerns of various parties with regard to large supply of certain segments of commercial real estate in Malaysia.
In early October 2017, the Malaysia’s Second Finance Minister Datuk Johari Abdul Ghani also highlighted his concerns on certain segments of real estate in a speech which was reported in the press.
To assist the country and various industry players to explore possible solutions, how stakeholders can leverage on technology to future proof the industry and brainstorm new innovative ideas, REHDA Institute will be taking the initiative to cover these issues and more in the REHDA Institute CEO Series 2017 (Annual Regional Real Estate and Property Development Conference) on 9 November 2017 from 8.00 am – 5.30 pm at Nexus Bangsar South, Kuala Lumpur, Malaysia.
Serving as a platform for top CEOs, COOs, Managing Directors and other senior management personnel, the REHDA Institute CEO Series 2017 Conference is supported by PropertyGuru and expected to attract more than 400 participants.
Mr. Steve Melhuish (Co-Founder and Vice Chairman, PropertyGuru) will also be a role player in this conference where he will be speaking on the impact of Augmented Reality, Virtual Reality and Drones as well as participate as a panellist in the panel discussion on how Information Technology will transform the real estate and property development industry.
The fact remains that the construction, real estate and property development industry multiplier impacts at least 140 upstream and downstream industries and that REHDA members have built more than 4 million housing units to date, contributing in excess of RM20 billion annually to Malaysia’s GDP, these industries impacts Malaysia’s economy and plays a role in job creation for the rakyat.
Hence, to uncover new strategies and trends that would create new demand for under-utilized space to impact future generations of purchasers include co-living space, co-working space, wellness and health, aged care and senior living.
Participating captains of industries will come from a diverse background from various industries along the supply chain from banking and finance, fund managers, manufacturing companies, architects, engineers, construction and infrastructure related companies, Federal, State and Local Government agencies and property developers.
Mr. Stephen Hagger (Country Head, Credit Suisse Malaysia), Mr. Manokaran Mottain (Chief Economist, Alliance Bank Malaysia) and Mr. Thong Mun Wai (RAM Rating Services Berhad) will also be sharing on Malaysia’s Forward Economic Outlook 2018 in this conference.
The Mayor of Kuala Lumpur (DBKL) has been invited to deliver a keynote address in this conference. Other notable role players include Dato’ Jeffrey Ng Tiong Lip (CEO of Sunway REIT, Chairman of REHDA Institute), Datuk Seri Michael Yam (Chairman of InvestKL, Former REHDA President) and Mr. Sarkunan Subramaniam (Managing Director, Knight Frank Malaysia) and many others.
Limited seats remaining, to find out more, contact REHDA Institute +6 03 7803 6006 or +6 03 7803 7006 (Ms. Tasha, Ms. Hariyu, Mr. Jensen) or firstname.lastname@example.org.
Image sourced from Tech Asia.
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