Economic Outlook Q2 & Q3 2013 - iProperty.com EXPO Penang, Apr 2013
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The document summarizes a presentation given by Dr. Daniele Gambero on the economic outlook and property market performance in Malaysia, Southeast Asia, and other regions for Q2 and Q3 of 2013. It discusses trends in the US, EU, and other economies and their impact on property purchasing. It also analyzes the Malaysian economic and property market outlook, including factors like population, wealth distribution, housing affordability, and new government initiatives. Government budget measures for affordable housing and upcoming large-scale projects like Bandar Malaysia are also covered.
Economic Outlook Q2 & Q3 2013 - iProperty.com EXPO Penang, Apr 2013
- 1. Day #1 US & EU Trembling Economies: Economic Outlook on Q2 & Q3 of 2013 and impact on Properties. Day #2 SEA and Malaysian Over-Performing Economies: Economic and property Outlook on Q2 & Q3 of 2013. “Connecting the dots between global economy …. and property purchasing decisions” REI Group of Companies Presentation by Dr. Daniele Gambero
- 2. “The ability to convert ideas in facts is the secret to outward success”
- 3. An organization is more than its bottom line. Facts and figures, although a convenient way to depict a company's success, don't show culture or character. One must look further to a company's people, to its business culture, to its place and reputation in the market to be able to see the entire picture. REI Group of Companies was established in 2007 and, in 2008, registered the subsidiary REI Properties Sdn Bhd with the Board of Valuers, Appraisers and Real Estate Agents (License no. E(1)1213). Since then the Group has been successfully growing and has handled several residential and commercial development projects in Klang Valley as Project and Marketing Consultant and Dr Daniele Gambero and Ms. Annie Chee REI Group Directors and Co-founder Exclusive Marketing Agent “The ability to convert ideas in facts is the secret to outward success”
- 4. - Strategic Marketing - Property Market Analysis - Branding - Creative Gambero Property Market Intelligence Program -access updated information & data on both Regional & Local economic indicators -latest information on future market trends in property development --insights on developers information, new forthcoming hotspots, proposed infrastructures “The ability to convert ideas in facts is the secret to outward success”
- 5. Track of record: Selayang Springs Condominium - Selayang Selayang Boulevard and Selayang Residence Sazean Business Park – South Klang D’Green @ Taman Meru Permai Residen – Meru Klang
- 6. Track of record: Mutiara Bukit Jalil Phase 3 – 3 Storey Superlink the new way of doing Business in Malaysia The Tree Pillars @ Signal Hill – Kota Kinabalu
- 7. Malaysian Property Market, 2013 outlook The global economy performance
- 8. Malaysian Property Market, 2013 outlook The global economy performance
- 9. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 10. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 11. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 12. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 13. World Economy Status for 2012 and outlook 2013
- 14. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3 FEW CONSIDERATION ON MALAYSIAN POPULATION AND WEALTH: Malaysian average per capita income (2011) USD961 = RM3,000 (per month) Malaysian Wealth Distribution Lowest 10% - 1.8% Highest 10% - 28.9% = Median 80% - 69.3%
- 15. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3 FEW CONSIDERATION ON MALAYSIAN POPULATION AND WEALTH: Malaysian average per capita income (2011) USD961 = RM3,000 (per month) Malaysian Wealth Distribution Lowest 10% - 1.8% Highest 10% - 28.9% = Median 80% - 69.3%
- 16. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3 1)Housing Affordability Parameter: average or median house price over average per household income. In other words, are houses affordable? AVERAGE PER HOUSEHOLD MONTHLY INCOME = RM6,000.00 BANKS ARE LOOKING AT A MAX DEBT CAPACITY OF 65% OUT OF NET INCOME RM6,000.00 x 65% = RM3,900.00 (MAX DEBT CAPACITY) CURRENT COMMITMENT = - - RM2,000.00 AVAILABLE FOR HOUSING LOAN = RM3,900.00 – RM2,000.00 = RM1,900.00 LOAN PARAMETERS MONTHLY REPAYMENT RM1,900.00 LOAN TENURE = 30 YRS MARGIN OF FINANCING = 85% BLR-2.2%=4.4%
- 17. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 18. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 19. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3 Bank Negara new Mortgage “rules” 1)More than 3 properties: maximum MOF 70% 2)Loan approval based on “Net income” ONLY 3)Maximum debt capacity: 65% of Net income 4)Request to maintain MOF as low as possible (recommended below 85%)
- 20. Malaysian Economic and Property Market Performance: Outlook Q2 and Q3
- 21. Malaysian Property Market RPGT and the 2013 Budget
- 22. Malaysian Property Market – Facts
- 23. Malaysian Property Market – Facts
- 24. Malaysian Property Market – Facts
- 25. Malaysian Property Market – Facts From the 2013 Budget speech by YAB Dato’ Sri Mohd Najib: … the Government will allocate RM1.9 billion to build 123,000 affordable units (houses)…. The initiative will be implemented by PR1MA… … RM500 million will be spent by PR1MA to built 80,000 houses in major location nationwide with selling price ranging between RM100,000 and RM400,000 per unit. … PR1MA will provide the Housing Facilitation Fund RM500 million to built houses in collaboration with private housing developers…. House price 20% below market…. ………. With the Budget 2013 the Government has promised the delivery of 269,164 new houses… with values ranging between RM30,000 to RM400,000 (Affordable)
- 26. Malaysian Property Market – Facts
- 27. Malaysian Property Market – Facts PR1MA www.pr1ma.my
- 28. Malaysian Property Market – Facts Malaysian population in 2011: 29,000,000
- 29. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 30. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 31. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 32. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 33. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 34. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 35. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 36. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 37. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 38. MALAYSIA’S PROPERTY MARKET ASSESSMENT Bandar Malaysia
- 39. MALAYSIA’S PROPERTY MARKET ASSESSMENT
- 40. Thank you For questions please email to: daniele.g@reigroup.com.my propertynews@reigroup.com.my