United Malayan Land Bhd (UMLand) organised a four-day Property Carnival at Komtar JBCC to promote the current projects and developments offered by UMLand and to share market reports and sentiments.
The carnival featured prominent property speakers such as Low Han Hoe, Senior Manager Investment Advisory Services of Nawawi Tie Leung Sdn Bhd, a multi-disciplinary real estate consultancy firm; Phyllicia Ho, a partner of Syed Alwi, Ng & Co; Dr. Daniele Gambero, CEO of REI Group of Companies; KK Wong, CEO of UMLand Seri Austin; and Feng Shui Master Sandy Paw.
Dr. Daniele Gambero, CEO of REI Group of Companies, highlighted the growth of Iskandar Malaysia which has seen a 143% increase in business since 2011 with 68 new submissions of development. He also stressed that 67% of the Malaysian population is currently aged 39 years and below and with a 74% urbanisation rate in Johor, the numbers undoubtedly mean that more property sales will transact based on need.
CEO of UMLand Seri Austin, KK Wong highlighted that the right time to invest in property is when there is a slowdown in the market.
“The best time to buy is when the market is slow as buyers get the upper hand to pick and choose the right property and reap the benefits of the special packages that most developers offer during the sluggish period,” said KK Wong.
The four-day carnival saw a number of attendees interested to participate in the lucky draw and many others who were eagerly taking points of the market insights shared by the esteemed speakers.