Latest Project Highlights
 
Rice Miller City Residences
                               ...
New high-end luxury condominium in Penang island
Minden Residence
  Minden Residence is located at Gelugor, Penang, comprises 8 units of semi-detached houses and 3 units of...
Moonlight Bay
One One Eight @ Island Plaza
One One Eight @ Island Plaza A Seamless Style of Living 118 @ Island Plaza takes its cue from the energy, vivacity...
Pearl Regency
    High Living, Sky Living The skybridge. The international activity centre. A 3-story shopping mall....
Fettes Residence
Fettes Residence Million-Dollar Views Enhance The Priceless Living Experience Let the sea, that stretches across the...
Setia Pearl Island
Setia Pearl Island - The Island of Dreams Since its debut in early 2007, Setia Pearl Island has established its name...
Seri Tanjung Pinang
HERE, YOUR LAWN EXTENDS TO WHERE THE SEA MEETS THE SKY. Every home at Seri Tanjung Pinang combines detailed...
The One, Penang Cyber City
CAPTURING IMAGINATION REALIZING DREAMS Unique, Unequaled and cutting edge, The One is gearing up to be one of the...

Experts to Share Views on Property Matters at Fair

FOR most people, the largest single expenditure in their lifetime will be the purchase of their homes.

Thus, they should understand more about property investment to ensure that it does not become a burden but rather the best one they will ever make.

Take for example, a double-storey terrace house in the Klang Valley that was purchased for RM45,000 about 30 years ago.
 

Heritage perspective: Filepic of Maimunah speaking before a big crowd at a previous property fair.

A similar property is now worth RM700,000, which is 15 times the price.

Iskandar Associates principal Dr Iskandar Ismail will share his thoughts on such interesting facts and introduce the basics of property investment plus common mistakes one should avoid at his talk on ‘Profiting from Real Estate Investment’ at 1.30pm on Friday at the Star Property Fair.

He will show how anyone can buy a property in such a way that one not only gets a good home to stay in, but can also make some money in the process.

Dr Iskandar will speak on ‘Profiting from Real Estate Investment’

Whether you are a small passive investor trying to make money from property as a side income or a hot shot manager of a large property fund, he will take you through the subject in a simple and entertaining way.

Armed with a doctorate in Corporate Property Management from the University of Reading, UK, Dr Iskandar is the brainchild behind the Malaysia House Price Index that is used by investors to track the property market.

Another key topic to be featured at the forum is ‘The Economics of Heritage Conservation’ by George Town World Heritage Incorporated general manager Maimunah Mohd Sharif at 4.30pm, also on Friday.

The director of the Department of Planning & Development of the Penang Municipal Council, she will cover the economic aspects and challenges in terms of conservation and its impact on managing the George Town World Heritage Site.

Yap will speak on ‘Property Investment in Financial Planning’

At noon on Saturday, the talk on ‘Making Malaysia the Preferred Destination for Property Investment’ by Malaysia Property Incorporated (MPI) deputy head Liew Lai Jing is bound to be another crowd puller.

Her presentation will seek to highlight the unique selling points of Malaysia to potential global investors as well as MPI’s learning from its study trips abroad for the target markets.

Liew specialises in business research, analysis, corporate strategy and has managed investor and media relations for MPI which is a government initiative set up under the Economic Planning Unit with the objective of promoting the country’s real estate sector to foreigners.

And at 3pm on Sunday, chartered accountant Yap Soon Hin of Teoh, Yap & Co will share his expertise on ‘Property Investment in Financial Planning.’

He will emphasise on the importance of having a financial plan which is essential to minimising risks while maximising the returns in one’s plan to create financial security.

Liew will share her views on ‘Making Malaysia the Preferred Destination for Property Investment’

A financial plan covers three areas of a person’s complete financial lifeline: insurance, investment and inheritance.

A financial planner, on the other hand, plays three major roles of giving advice, to be an alarm clock reminding clients that it is time to take a pre-determined action, and to alert people to potentially risky investments.

“Ideally, savings and investment planning should begin some 30 years before retirement,” he said, adding that his talk would also touch on the concept of risk and return, portfolio investment and diversification and the types of investment assets.

A member of Vistage (formerly known as TEC) which is the world’s leading organisation of CEOs, he is also the chairman of the Penang Chapter of the Financial Planning Association of Malaysia (FPAM).

 

Source : The Star, Thursday July 22, 2010
By CATHERINE CHONG
north@thestar.com.my