Pa International Property Consultants
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PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD REAL ESTATE (PENANG) SDN BHD PA international Property Consultants Sdn Bhd formed in June 1980, is a full service real estate company registered with the board of valuers, appraisers & estate agents under the valuers, appraisers and estate agents act 1981. Our Network Offices: Our Professional Services: 1. Johor Bahru, Johor 1. Property Valuation 2. Kluang, Johor 2. Compulsory Land 3. Kuala Lumpur/ Petaling Acquisition and Jaya Compensation 4. Klang, Selangor 3. Property Selling & Leasing 5. Penang 4. Property Investment 6. Ipoh, Perak Consultancy 7. Seremban, Negeri 5. Project Marketing Sembilan 6. Property Management 8. Sungai Petani, Kedah 7. Corporate & Advisory 9. Ho Chi Minh City, Vietnam 8. Property Market Research (Representative Office) & Consultancy PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD PA international Property Consultants (Penang) Sdn Bhd was established in year 2014, head by Sr. Michael Loo as Executive Director. The company have undertaken valuations and related assignments for a number of Public listed and other established corporate entities, among which are: Tambun Indah Land Berhad Tah Wah Group Sdn Bhd Hai Hong Development Sdn Bhd Ivory Properties Group Berhad VST Group Sdn Bhd United Oil Palm Industries Sdn Bhd LBI Capital Berhad Sunrise Manner Sdn Bhd Hwa Huat Livestock Industries Sdn Bhd Hua Yang Berhad Metro Jelata Sdn Bhd Jeenhuat Foodstuffs Industries Sdn Tatt Giap Group Berhad Sunway Properties Berhad Bhd Wing Tai Malaysia Berhad Asia Plywood Company SL Airmas Development Sdn Bhd Heng Huat Resources Group Berhad Berhad Chye Seng Sdn Bhd Boon Koon Group Berhad VST Group Sdn Bhd The Light Hotel (M) Sdn Bhd B. Braun Medical Industries Sdn Bhd Sunrise Manner Sdn Bhd Nasi Kandar Pelita Sdn Bhd Zillion Acres Sdn Bhd Metro Jelata Sdn Bhd DNP Land Sdn Bhd Harta Intan Sdn Bhd Kars City Sdn Bhd Streamsville Sdn Bhd Hong Seng Group Sdn Bhd Tah Wah Group Sdn Bhd Asia Green Properties Sdn Bhd Hinlim Furniture Manufacturer Sdn Sunway Properties Berhad Autocity Group Bhd Asia Plywood Company SL The Heritage Club Berhad PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD CREDENTIALS Registered Valuer and Estate Agent, Malaysia Member of The Royal Institution of Surveyors, Malaysia Member of PEPS (Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia) Member of MIPPM (Malaysian Institute of Professional Property Managers) Assessor Appointed by High Court in Land Acquisition appeals EDUCATION MSc. in Real Estate, University Technology Malaysia BSc. in Land Development and Administration, University of Sr. Michael Loo Technology Malaysia Executive Director EXPERIENCE IN THE PROPERTY INDUSTRY PA International Property Graduating in 2002, he joined the profession and rose to become Consultants (Penang) Sdn Bhd the Real Estate Valuation Manager at the Seberang Perai Office of Henry Butcher Malaysia. PA International Real Estate Michael Loo brings with him more than 18 years of post-qualifying (Penang) Sdn Bhd experience in the fields of real estate valuation, project marketing, Registered Valuer estate agency, auctioning and project consultancy. Registered Property Manager He has been involved in valuation for Initial Public Offerings and Estate Agent appointed by high court as Assessor in Land Acquisition appeals. License Auctioneer of Penang State FOR INTERNAL CIRCULATION ONLY PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD OVERVIEW OF PENANG PROPERTY MARKET BY SR. LOO CHOO BENG EXECUTIVE DIRECTOR OF PAPG This presentation is intended as general guideline only. While utmost care has been taken in its preparation and we believe the contents are accurate as at presentation time, the content does not represent any investment advice. PA International Consultants (Penang) Sdn Bhd or person(s) involved in the preparation of this presentation slides do not give any warranty as to the contents nor accept any contractual, tortuous or other form of liability for any consequences, loss or damage which may arise resulting from any person acting on or using the statement, information or opinion contained in this presentation. All rights reserved. No part of this presentation slides may be reproduced or transmitted in any form by any person(s)without the permission of PA International Consultants (Penang) Sdn Bhd. FOR INTERNAL CIRCULATION ONLY Contents 1. Malaysia & Penang Economic Overview 2. 2018 Penang Property Market Performance 3. 2019 Penang Property Market Outlook 4. Conclusion PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD 1. MALAYSIA & PENANG ECONOMY OVERVIEW - MALAYSIA ECONOMY KEY FIGURES - PENANG ECONOMY KEY FIGURES This presentation is intended as general guideline only. While utmost care has been taken in its preparation and we believe the contents are accurate as at presentation time, the content does not represent any investment advice. PA International Consultants (Penang) Sdn Bhd or person(s) involved in the preparation of this presentation slides do not give any warranty as to the contents nor accept any contractual, tortuous or other form of liability for any consequences, loss or damage which may arise resulting from any person acting on or using the statement, information or opinion contained in this presentation. All rights reserved. No part of this presentation slides may be reproduced or transmitted in any form by any person(s)without the permission of PA International Consultants (Penang) Sdn Bhd. FOR INTERNAL CIRCULATION ONLY Malaysia Economy Key Figures No 2017 2018p Change 1 GDP Annual Growth Rate (%)1 5.90 4.7% -1.2% Total Capital Investment (RM bilion) 2 200.60 201.70 0.5% 2 Approved Domestic Investment (RM bilion) 146.20 121.10 -17.1% Approved Foreign Investment (RM bilion) 54.40 80.50 48% Balance of Trade (RM bil) 1 99.00 120.3 21.52% 3 Total Export (RM bil) 935.40 998.00 6.7% Total Import (RM bil) 836.40 877.70 4.9% 4 Inflation (%) 3 3.7 1.0 - 5 Unemployment Rate (%) 1 3.40 3.30 -0.1% Source: [1] ] Department of Statistics [2] Malaysian Investment Development Authority (MIDA) [3] Bank Negara Malaysia Baseline growth to remain steady between 4.3% - 4.8% in 2019 Resilient private sector spending Recovery in commodity sectors amid continues expansion in key economic sectors Continued demand from major trade partners PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY Penang Economy Key Figures No 2016 2017 Change GDP Annual Growth Rate (%)1&2 5.6 5.3 -0.3 Penang GDP RM million RM million Agriculture Sector 1,507 1,540 2.2 1 Mining and Quarrying Sector 59 63 6.8 Manufacturing Sector 32,895 34,759 5.7 Construction Sector 2,278 2,045 -10.2 Services Sector 36,246 38,312 5.7 Balance of Trade (RM mil) 3 18,104 37,065 104.74 2 Total Export (RM mil) 172,564 233,493 35.3% Total Import (RM mil) 154,460 196,427 27.2% 3 Unemployment Rate (%)2 2.1 2.1 0.0 Notes: The statistic data by state for year 2018 is not yet ready as for now. Source: [1] Eleventh Malaysia Plan 2016-2020 [2] Department of Statistics The GDP annual growth rate of Penang was slightly drop about 0.3% in 2017 compare to the previous year. Amid rising external headwinds, the Penang economy to remain on a steady growth path in 2019 (Source: Malaysian Investment Development Authority (MIDA)) PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY Penang – 50 Years of Transformation Journey (Source: Invest Penang) PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY Penang Key Investment Sectors (Source: Invest Penang) PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY (Source: Invest Penang) PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY (Source: Penang Institute/ Department of Statistic Malaysia) PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY (Source: Penang Institute/ Department of Statistic Malaysia) PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD FOR INTERNAL CIRCULATION ONLY PA INTERNATIONAL PROPERTY CONSULTANTS (PENANG) SDN BHD 2. PENANG PROPERTY MARKET PERFORMANCE (Q1-Q3 2018) - OVERALL PERFORMANCE - RESIDENTIAL SUB-SECTOR - COMMERCIAL SUB-SECTOR - INDUSTRIAL SUB-SECTOR - OVERHANG UNITS This presentation is intended as general guideline only. While utmost care has been taken in its preparation and we believe the contents are accurate as at presentation time, the content does not represent any investment advice. PA International Consultants (Penang) Sdn Bhd or person(s) involved in the preparation of this presentation slides do not give any warranty as to the contents nor accept any contractual, tortuous or other form of liability for any consequences, loss or damage which may arise resulting from any person acting on or using the statement, information or opinion contained in this presentation. All rights reserved. No part of this presentation slides may be reproduced or transmitted in any form by any person(s)without the permission of PA International Consultants (Penang) Sdn Bhd. FOR INTERNAL CIRCULATION ONLY Overall Performance Penang property market generally remained soft and flat in year 2018. As of 2018, NAPIC recorded a total of 17,087 property transactions in Penang State, an increase of approximately 3% compared to transactions registered in