Propenomy of The Malaysian Property Market: What, Where and When Current and Future Corridors of Property Growth

Transcription

1 Propenomy of The Malaysian Property Market: What, Where and When Current and Future Corridors of Property Growth REI Group of Companies - Presentation by Dr. Daniele Gambero Co e ti g the dots etwee e o o y, de ographi tre ds a d urre t- ew property hotspots

2 DISCLAIMER AND COPYWRITE To the best of our knowledge, all information included here falls under the fair use or public domain guidelines of copyright laws. We strive for accuracy but cannot be held responsible for any errors in information featured in the slides or incorrect attributions. REI Group of Companies uses reasonable efforts to include accurate and up to date information however REI Group of Companies makes no warranties or representations as to its accuracy. REI Group of Companies assumes no liability or responsibility for any errors or omissions in the content. The quotes, articles, news and views are not necessarily representative of the views of REI Group of Companies and its directors and Management. This Presentation has been shared for personal use and knowledge ONLY. Any inappropriate use will be prosecuted according to the law and any total or partial use of this presentation for public viewing or publishing must be pre-authorized in writing by REI Group of Companies.

3 What e do CONSULTANCY - Strategic Marketing Consultancies: design, concept, pricing, branding - Property Market Surveys: defining the best product for each specific area - Property Market Reporting: give developers an independent platform to take strategic decision on future development - Property Market Analysis: research and definition of new development products based on existing market situation - Branding: adding value by endorsement of project, branding of new development areas, defining and creating catalyzer for future development - Creative: converting ideas in fact and having fun

4

5

6 Organizations that have invited Dr. Daniele Gambero as speaker to their events are: Rehda KL, Rehda JB, Rehda Malacca and Rehda Penang Sheda Kuching Asian Strategic Leadership Institute (ASLI) FIABCI Malaysian Chapter iproperty, PropertyGuru Malaysia and Singapore and EG Expos Malaysian Property Incorporated University Malaya KL Wealth Mastery Academy, Comfori and Starfish Special Property Market Outlook presentation to the Bod of: Encorp Bhd Hatten Group UEM Sunrise

7

8 Organizations that have invited Dr. Daniele Gambero as speaker to their events are: Rehda KL, Rehda JB, Rehda Malacca and Rehda Penang Sheda Kuching Asian Strategic Leadership Institute (ASLI) FIABCI Malaysian Chapter iproperty, PropertyGuru Malaysia and Singapore and EG Expos Malaysian Property Incorporated University Malaya KL Wealth Mastery Academy, Comfori and Starfish Special Property Market Outlook presentation to the Bod of: Encorp Bhd Hatten Group UEM Sunrise

9 Regular columnist for several newspapers and specialized magazine such as: The Star Malaysian Reserve Malay Mail Nanyang PropertyTimes The Sun The Edge Real Estate Malaysia Property Hunter Property Insight Property King

10

11 MALAYSIAN PROPERTY MARKET Setting the rules for sustainability HEALTHY GROWTH OF A REGULATED AND PROFITABLE PROPERTY MARKET DEFINITION AND DEVELOPMENT OF ECONOMIC CULSTERS DEFINITION AND DEVELOPMENT OF PROPER INFRASTRUCTURE SOCIO/ECONOMIC EQUITY OR FAIR WEALTH DISTRIBUTION AND INSTITUTIONAL FRAMEWORK & REGULATORY AUTHORITY ECONOMIC GROWTH PLANNING AND EXECUTION STABLE AND DEMOCRATIC POLITICAL ENVIRONMENT

12 MALAYSIAN PROPERTY MARKET Setting the rules for sustainability PROPERTY IS NOT AN ECONOMIC DRIVER BUT THE CONSEQUENCE OF PROPERLY PLANNED ECONOMIC GROWTH PROPERTY + ECONOMY = PROPENOMY

13 MALAYSIAN PROPERTY MARKET Setting the rules for sustainability

14 MALAYSIAN PROPERTY MARKET

15 MALAYSIAN BUDGET SUSTAINABILITY STRENGTHENING ECONOMIC RESILIENCE ACCELERATING TRANSFORMATION THE 5 TRUSTS Today we should t look at to orrow but at a tomorrow that is 10 years from today

16 MALAYSIAN BUDGET 2015 SUSTAINABILITY STRENGTHEN BUDGET 2015: PEOPLE ECONOMY THE 7 STRATEGIES Today we should t look at to orrow but at a tomorrow that is 10 years from today

17 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 1) Strengthening Economic Growth 2) Enhancing Fiscal Governance 3) Developing Human Capital and Entrepreneurship 4) Advancing Bumiputera Agenda 5) Upholding Role of Women 6) Developing National Youth Transformation Program 7) Prioritizing Well-Being of the Rakyat

18 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 1) Strengthening Economic Growth Enhancing the Service Sector Blueprint ( % of GDP) Strengthening Islamic Financial Market ( % of World Transactions) Promoting Domestic Shipping Industry Balancing Economic Growth in Less Developed Areas INCENTIVES FOR INDUSTRIAL AREAS MANAGEMENT (100/70% Tax Incentives) Increase Automation in Labor Intensive Industries Enhancing Innovation, Knowledge and High-Tech

19 BUDGET 2015 SOMETHING FOR EVERYONE

20 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 1) Strengthening Economic Growth Infrastructures development - SUKE Expressway (59 km Sungai Besi Ulu Klang) - West-coast Expressway (276 km Banting Taiping) - DASH Highway (Damansara Shah Alam) - EKVE Expressway (36 km East Klang Valley Expressway) - Upgrading East-coast Railway - Construction of MRT Line 2 Sungai Buloh Putrajaya - LRT Line 3 Bandar Utama Shah Alam Klang - Iska dar Mala sia Pengerang I tegrated Petroleu Co ple

21 BUDGET 2015 SOMETHING FOR EVERYONE DASH Damansara Shah Alam Highway

22 BUDGET 2015 SOMETHING FOR EVERYONE MRT Line 1 Sungai Buloh - Kajang

23 BUDGET 2015 SOMETHING FOR EVERYONE EKVE East Klang Valley Expressway

24 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 1) Strengthening Economic Growth Infrastructures development - SUKE Expressway (59 km Sungai Besi Ulu Klang) - West-coast Expressway (276 km Banting Taiping) - DASH Highway (Damansara Shah Alam) - EKVE Expressway (36 km East Klang Valley Expressway) - Upgrading East-coast Railway - Construction of MRT Line 2 Sungai Buloh Putrajaya - LRT Line 3 Bandar Utama Shah Alam Klang - Iska dar Mala sia Pengerang I tegrated Petroleu Co ple

25 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 1) Strengthening Economic Growth Infrastructures development - SUKE Expressway (59 km Sungai Besi Ulu Klang) - West-coast Expressway (276 km Banting Taiping) - DASH Highway (Damansara Shah Alam) - EKVE Expressway (36 km East Klang Valley Expressway) - Upgrading East-coast Railway - Construction of MRT Line 2 Sungai Buloh Putrajaya - LRT Line 3 Bandar Utama Shah Alam Klang - Iska dar Mala sia Pengerang I tegrated Petroleu Co ple

26 BUDGET 2015 SOMETHING FOR EVERYONE LRT Line 3 Bandar Utama Shah Alam - Klang

27 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 1) Strengthening Economic Growth Spurring Creative Industry Enhancing SMART country concept through High-Speed Broadband Boosting Tourism Industry (RM316 million allocated)

28 TOURISM = RETIREMENT LIVING # 10 Thailand # 9 Uruguay # 8 Malta # 7 Mexico # 6 Colombia # 5 Spain # 4 Costa Rica # 2 Ecuador # 1 Panama

29 TOURISM OPPORTUNITY

30 TOURISM OPPORTUNITY YEAR ARRIVALS Mil. Tourist RECEIPT Billion RM

31 TOURISM OPPORTUNITY YEAR ARRIVALS Mil. Tourist RECEIPT Billion RM

32 TOURISM OPPORTUNITY YEAR ARRIVALS Mil. Tourist RECEIPT Billion RM TARGET: TOURIST ARRIVALS = 29,400, RECEIPT GENERATED = RM89,000,000,

33 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 6) Developing National Youth Transformation Program - 1 Malaysia Youth City RM100 Million for three Pilot Projects in Peninsular Malaysia, Sabah and Sarawak - Youth Housing Scheme = Partnership between BSN, EPF & Cagamas First Home up to RM500,000 Married and aged between 25 and 40 years Household Income below RM10,000 per month Max Loan tenure 35 years - RM200 per months for 2 years Financial Assistance - 50% Stamp & Duty exemption (Property and Loan) - 10% Government Guarantee to Banks to allow 100% loan - EPF Account 2 THE ABOVE IS OFFERED FOR THE 20,000 HOUSES ONLY

34 BUDGET 2015 SOMETHING FOR EVERYONE ECONOMIC DEVELOPMENT AND THE 11 th MALAYSIAN PLAN THE 7 STRATEGIES 7) Prioritizing Well-Being of the Rakyat - 30% Discounted bus routes for Klang Valley Rawang KL Klang KL Seremban KL - Electric Train Ipoh Butterworth (From April 2015) - Public Transportation PPPs for Kuching, Ipoh, Seremban, Kuala Terengganu and Kangar. Propert : to e o ti ued

35 BUDGET 2015 SOMETHING FOR EVERYONE HOUSING FOR THE RAKYAT (AFFORDABLE) 1) PR1MA: 80,000 new houses (Below RM500k) 2) RMR, RIR and RAR: 37,000 new houses (Below RM120k) 3) RENT to OWN SCHEME 4) PEOPLE HOUSING PROGRAM: 26,000 new houses (45k) 5) Extension of 50% exemption on Stanp&Duty for both SPA and LA till 31 st December Max property value RM500k 6) Ci il er a ts Mi i u Eligi ilit RM k Max RM600k

36 BUDGET 2015 SOMETHING FOR EVERYONE RPGT 1) No Changes 2) From 2016 RPGT calculation and payment will be don through Self-Assessment 3) That s it

37 Malaysian Economic and Property Market Performance: The Day After Budget 2015 Outlook

38 Malaysian Economic Performance: FDI as driver for growth

39 Malaysian Economic Performance: FDI as driver for growth

40 Malaysian Economic Performance: FDI as driver for growth

41 Malaysian Economic Performance: FDI as driver for growth

42 GLOBAL & MALAYSIAN ECONOMY - FACT FILE Country Ease of doing business Starting a business Dealing with construction permits Registering a property Trading across borders Enforcing contracts Result over 3 years Overall Ranking Rank 2013 Rank SINGAPORE NEW ZEALAND HONG KONG US UK THAILAND JAPAN S. KOREA MALAYSIA

43 GLOBAL & MALAYSIAN ECONOMY - FACT FILE INDEX USA EU UK JAPAN AUSTRALIA MALAYSIA GDP Growth 2.52% 0.12% 0.65% 0.65% 0.65% 4.70% Gov. Debt as % of GDP % 90.60% 91.10% 226.1% 20.7% 53.10% Gov. Deficit as % of GDP -4.10% -3.7% -7.40% -9.6% -3.00% -4.50% Balance of Current Acc in USD Billion Inflation 1.5% 1.5% 2.7% 0.2% 2.4% 3.2% Unemployment 7.3% 10.8% 7.7% 4.1% 5.7% 3%

44 MALAYSIAN DEMOGRAPHIC - FACT FILE +3.6 M +1.6 M +6 M +2.6 M

45 MALAYSIAN MIGRATION FLOWS - FACT FILE 22,000, Malaysian Migration Flow Rural to Urban Areas 21,000, ,000, ,000, ,000, ,000, ,000, ,000, MALAYSIAN FLOW Source: World Bank Statistics 2012: 72.5% of the Malaysian population lives in urban areas 2012: 21,000,000 Malaysians live in urban areas 3.5% growth every year

46 MALAYSIAN WEALTH DISTRIBUTION - FACT FILE FEW CONSIDERATION ON MALAYSIANS WEALTH: Malaysian average per capita income 2013 (PPP) Source IMF/WB USD17,046 per year = RM4,400 (per month) Malaysian Wealth Distribution Lowest 20% Highest 20% Share 5% of Malaysian wealth Share 40% of Malaysian wealth = Median 60% share 55% 18,000,000

47 MALAYSIAN WEALTH DISTRIBUTION - FACT FILE FEW CONSIDERATION ON MALAYSIANS WEALTH: PER STATE AFFORDABILITY VALUES 2012 State State by state (est) Population in % of GDP 2012 per Capita at Affordable House value (30 yrs monthly current prices BLR %) income = Loan Yearly Monthly repayment Per capita Per household RM RM RM RM RM Kuala Lumpur 1,718,680 73,931 6,161 2, , ,000 Pulau Pinang 1,654,640 37,006 3,084 1, , ,000 Selangor 5,626,240 36,135 3,011 1, , ,000 Malacca 832,320 33,550 2, , ,000 Negeri Sembilan 1,040,400 32,511 2, , ,000 Johor 3,337,360 24,574 2, , ,000 Sabah 3,437,360 19,010 1, , ,500

48 MALAYSIAN HOUSEHOLD DEBT - FACT FILE Household NPL ratios, as per BN and MBB reports, have been falling dramatically over the past few years from 7.5% in 2006 to just 1.4% mid 2013 and is now at 1.2% 80.7% of the Malaysian Household debt is financed by the Banking System

49 HOUSING EXISTING STOCK AND FUTURE SUPPLY STATE SUPPLY OF LANDED TILL 2020 EXISTING STOCK AND HOUSE SUPPLY TILL 2020 SUPPLY OF LOW COST TILL 2020 LOW COST ON POPULATION % SUPPLY OF HIGH RISE TILL 2020 TOTAL HOUSES SUPPLY BY 2020 POPULATION BY 2020 NEED/OVERSUPPLY OF HOUSES BY 2020 KUALA LUMPUR 113, , % 251, ,774 1,870, ,559 SELANGOR 833, , % 342,154 1,666,893 6,279, ,336 JOHOR 652, , % 87,968 1,001,411 4,499, ,400 PENANG 204, , % 63, ,411 1,633,703 61,157 MALACCA 138,607 50, % 18, , ,506 97,005 NEGERI SEMBILAN 265,638 90, % 47, ,824 1,276,244 21,591 PAHANG 230,251 69, % 17, ,969 1,674, ,251 PERAK 383,460 95, % 12, ,242 2,494, ,170 PERLIS 19,804 9, % 1,602 30, ,400 30,150 KELANTAN 67,511 12, % 4,189 84,422 1,533, ,782 TERENGGANU 91,254 43, % 1, ,453 1,045, ,168 KEDAH 247, , % 3, ,100 1,947, ,057 SABAH 98,335 62, % 41, ,883 3,443, ,738 SARAWAK 189,640 51, % 14, ,448 2,543, ,304 GRAND TOTAL FOR MALAYSIA 3,536,100 1,725, % 909,416 6,171,360 31,399,685 3,476,669

50 MALAYSIAN PROPERTY MARKET

51 MALAYSIA AND THE REGION: WHERE ARE WE? Average price of property per country SEA REGION to income per capita (PPP) ratio Ranking Country RM/psf House of 1,000 Sq.Ft. GDP Per capita (PPP) USD GDP Per capita (PPP) RM Property value to income ratio 1 Hong Kong 3, ,124, , , Singapore 2, ,684, , , Australia 1, ,345, , , Japan 1, ,266, , , South Korea , ,990 89, Taiwan , , , Brunei , , , China , ,957 25, Thailand , ,458 27, Myanmar , ,324 4, Malaysia , ,046 54, Philippines , ,802 12, Vietnam , ,133 10, Cambodia , ,149 6, Indonesia , ,271 13, Laos , ,521 8, Source: IMF - World Bank - CIA Property value

52 MALAYSIA AND THE REGION: WHERE ARE WE? Average price of property per country SEA REGION Property value to income per capita (PPP) ratio Ranking Country RM/psf House of 1,000 Sq.Ft. GDP Per capita (PPP) RM Property value to income ratio 10 Myanmar , , China , , Cambodia , , Vietnam , , Philippines , , Hong Kong 3, ,124, , Thailand , , Singapore 2, ,684, , Indonesia , , Japan 1, ,266, , Australia 1, ,345, , South Korea , , Laos , , Taiwan , , Malaysia , , Brunei , , Source: IMF - World Bank - CIA

53 PENINSULAR MALAYSIA: THE FUTURE Penang: the 8 th destination worldwide to retire. Kota Baru: the Northern Educational Hub with 15 Local and International Universities already working to establish a northern campus Ipoh: retirement homes and health tourism Kuantan: the new commercial port, the already committed investment from Chinese, European and American Multinational Corporation Klang Valley: the Northern, Southern and Western Corridor and the Megaprojects Iskandar Malaysia: the most Strategically Sustainable Location in the region (SEA)

54 SARAWAK CORRIDOR OF RENEWABLE ENERGY Bintulu: 200,000 population O&G and high energy consumption industry Centered economy Miri: almost 400,000 population O&G Centered economy Kuching: almost 1,000,000 population Services and tertiary sector

55 SABAH: THE LAND BELOW THE WIND SABAH PROPERTY MARKET SUSTAINABILITY Kota Kinabalu: almost 650,000 population Economy based mostly on services and tourism. Manufacturing remains a strong component of local GDP. Sandakan: almost 400,000 population Economy based on Palm Oil, Hardwood, Logistic and Tourism Tawau: almost 400,000 population Timber, Cocoa, Food Processing, Tourism and Services

56 PENANG Halal Industry, Logistic, Electronic, Retirement, Tourism - Penang Harbur is o e of the ONLY Halal Harbur i the orld - Well connected to Thailand and most important city of the Northern Region. International Airport. - Penang Island ranked 8 th preferred destination for foreigners to retire - Penang highly ranked for quality of healthcare and health tourism - Penang is targeting 5 million tourist arrival by 2015 out of forecasted Malaysian 30 million

57 PENANG Halal Industry, Logistic, Electronic, Retirement, Tourism

58 PENANG Halal Industry, Logistic, Electronic, Retirement, Tourism

59 PERAK The Raise of Ipoh - Ipoh: the healthier city of Malaysia with lakes, mountains, rivers and hot-springs which give high breathability through daylong breezes - Ipoh: ranked 6 th less expensive destination worldwide for retirement living (expatriates ranking) - Ipoh: local Government and Private Operators to profitably tap into Visit Malaysia year 2014 and Year of Festival Ipoh: conveniently located and easily accessible within 2 hours from Kuala Lumpur and Penang

60 PERAK & IPOH: HIGHLY SUSTAINABLE MARKET 2013 Status Landed Low cost High-rise 2014 Existing stock 150,637 44,715 2,580 Total 197, Completion 3, Incoming Supply 10,666 3, Starts 4, Planned Supply 9, New Planned Supply 3, ,531 19,209 IPOH TOTAL HOUSES BY ,672

61 PERAK & IPOH: HIGHLY SUSTAINABLE MARKET TOTAL IPOH POPULATION AS AT ,535,192 CURRENT DEMAND OF HOMES 383,798 ESTIMATE NEED OF HOUSES TOTAL IPOH POPULATION AS AT 2015 (Est +1.2% yr) DEMAND OF HOMES BY 2015 ESTIMATE NEED OF HOUSES (4 MEMBERS PER HOUSEHOLD) TOTAL IPOH POPULATION AS AT 2020 (Est +1.2% yr) DEMAND OF HOMES BY 2020 ESTIMATE NEED OF HOUSES (4 MEMBERS PER HOUSEHOLD) 185,866 1,591, , ,318 1,688, , ,556

62 KL GREATER KL KLANG VALLEY AND BEYOND Klang Valley 1990 Klang Valley 2012

63 KL GREATER KL KLANG VALLEY AND BEYOND Klang Valley view from 130 km Hong Kong view from 130 km Klang Valley: 7,800,000 population Hong Kong: 7,200,000 population Just a o sideratio o ho Greater KL should e ol e

64 KL GREATER KL KLANG VALLEY AND BEYOND Klang Valley view from 130 km Hong Kong view from 130 km Klang Valley: 7,800,000 population Hong Kong: 7,200,000 population Just a o sideratio o ho Greater KL should e ol e

65 MALAYSIAN PROPERTY MARKET SUSTAINABILITY Greater KL will reach 10 million people (Mega City) by 2020 Singapore aspires to have 6.9 million by 2030 Iskandar Malaysia aim to have 3 million by 2025

66 KL GREATER KL KLANG VALLEY AND BEYOND

67 KL GREATER KL KLANG VALLEY AND BEYOND

68 KL GREATER KL KLANG VALLEY AND BEYOND

69 KL GREATER KL KLANG VALLEY AND BEYOND

70 KLANG VALLEY AND THE SOUTHERN CORRIDOR

71 HOUSING: CURRENT AND FUTURE DEMAND ESTIMATE IN KUALA LUMPUR/KLANG VALLEY

72 ISKANDAR MALAYSIA: STRATEGICALLY SUSTAINABLE LOCATION

73 Malaysian Property Market Iskandar Malaysia Strategically Sustainable

74 Malaysian Property Market Iskandar Malaysia: A well planned success history!

75 Malaysian Property Market Iskandar Malaysia: A well planned success history!

76 ISKANDAR MALAYSIA: STRATEGICALLY SUSTAINABLE LOCATION Supply of Affordable Houses Far Behind Demand Iskandar Malaysia is one of the Malaysian States where the demand of houses with values between RM250 and RM600 psf is still mostly unsatisfied

77 ISKANDAR MALAYSIA: STRATEGICALLY SUSTAINABLE LOCATION Offer of Affordable Houses Far Behind Demand

78 SARAWAK PROPERTY MARKET SUSTAINABILITY

79 SARAWAK PROPERTY MARKET SUSTAINABILITY

80 SARAWAK PROPERTY MARKET SUSTAINABILITY Item Sarawak Landed Low Cost High rise A Existing stock 153,232 47,742 10,858 TOTAL EXISTING 153,232 47,742 10,858 B Completions 3, C Incoming supply 18,600 2,570 2,388 TOTAL BY ,487 50,521 13,542 D Starts 5, ,146 E Planned supply 9,130 1,055 2,031 F New planned supply 6, ,862 TOTAL BY 2020 PER TYPE 196,291 52,320 18,581 GRAND TOTAL 267,192

81 SARAWAK PROPERTY MARKET SUSTAINABILITY TOTAL SARAWAK POPULATION AS AT ,444,261 A CURRENT DEMAND OF HOMES 488,852 B+C ESTIMATE NEED OF HOUSES TOTAL SARAWAK POPULATION AS AT 2015 (Est +0.5% yr) DEMAND OF HOMES IN 3 YARS TIME 277,020 2,481, ,222 D+E+F ESTIMATE NEED OF HOUSES TOTAL SARAWAK POPULATION AS AT 2020 (Est +0.5% yr) DEMAND OF HOMES BY ,672 2,543, ,752 ESTIMATE NEED OF HOUSES 241,560

82 THE LAND BELOW THE WIND PROPENOMIC OF ABAH DEVELOPMENT CORRIDOR

83 THE LAND BELOW THE WIND PROPENOMIC OF ABAH DEVELOPMENT CORRIDOR SABAH DEVELOPMENT CORRIDOR (SDC) VI ION TO BE A LEADING ECONOMIC REGION IN ASIA BY BEING A PREFERRED GATEWAY FOR TRADE, INVESTMENT AND LEISURE FOR TALENT AND BUSINESS

84 THE LAND BELOW THE WIND PROPENOMIC OF ABAH DEVELOPMENT CORRIDOR SPECIAL FOCUS KEY ECONOMIC AREAS (KEAs) IN THE CORRIDORS OF DEVELOPMENT NCER ECER ISKANDAR MALAYSIA & PENGERANG SABAH DEVELOPMENT CORRIDOR SCORE AGRICULTURE AGRICULTURE AGRICULTURE SAMALAJU EDUCATION EDUCATION TANJUNG MANIS MANUFACTURING MANUFACTURING MANUFACTURING & LOGISTIC MUKAH TRANSPORTATION & LOGISTIC OIL, GAS & PETROLCHEMICALS OIL, GAS & PETROLCHEMICALS OIL, GAS & ENERGY PALM OIL TOURISM TOURISM TOURISM TOURISM

85 THE LAND BELOW THE WIND PROPENOMIC OF ABAH DEVELOPMENT CORRIDOR KEY RESULT AREAS (KRAs) IN THE CITIES GREATER GEORGE TOWN KREATER KUANTAN GREATER JOHOR BAHRU GREATER KOTA KINABALU SARAWAK CITIES PUBLIC TRANSPORT PUBLIC TRANSPORT URBAN PUBLIC TRANSPORT IMPROVING MOBILITY AND TRAVEL EXPERIENCE GREATER KUCHING MIRI AFFORDABLE QUALITY HOUSING KUANTAN WATERFRONT CITY REJUVENATION AND REVITALISATION DEVELOPING AND MODERNIZING KK AS LIFESTYLE HUB WASTE MANAGEMENT & SUSTAINABLE URBAN DEVELOPMENT SEWERAGE MANAGEMENT & FLOOD MITIGATION CRIME IMPROVING EARLY CHILDCARE EDUCATION BOOSTING PUBLIC & PRIVATE HEALTHCARE BOOSTING TOURISM IN GREATER KK

86 The best way to predict the future is to create it! Malaysia fast moving towards fully developed country status Financial services & Islamic Financial World Hub IT and future through MSC (Multimedia Super Corridor) Oil & Gas Education Tourism & Health Tourism Entertainment & Creativity Logistic Manufacturing, Halal, Natural Resources..

87 MALAYSIAN REAL ESTATE: HOW Learn how to be a wise smart investor

88 How to contact me: By

89 How to contact me: Through Facebook: Type my name: Daniele Gambero This is my timeline:

90 How to contact me: You can also log into our REI Group Web site at: And check out the resources available in the menu

91 Facebook Daniele Gambero Thank you