GREDAC – The Real Game Changer in Malaysian Real Estate

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For the very first time, Malaysia will play host to the Global Real Estate Developers and Agents Conference (GREDAC); a highly-anticipated event attended by the world’s top-level property experts and award-winning real estate agents, which will be held in Sunway Pyramid Convention Centre from 14 -15 April 2016.

Organised and owned by Wonderlist Property, GREDAC brings together successful real estate developers as well as influential property agents in a common goal of building new and exciting partnerships, sharing market outlooks in the current economic situations, discovering new up-and-coming world-class projects through a dedicated programme as well as aiding in the revolution of technology in the property market. Participants of GREDAC will be spoiled for choice with access to over 50,000 real estate developers and agents from countries including Singapore, Thailand, Indonesia, Philippines, Cambodia, Vietnam, China, Hong Kong, Taiwan, Japan, South Africa and also Australia.

Some of the highlights of the conference in April 2016 are speaking programmes ranging with topics from the outlook of the ASEAN Property Market, to learning the latest trends in digital lead generations for real estate professionals as well as getting a grasp in attracting Japanese investors and penetrating the Japanese Market; all from key speakers across Asia with over 20 years of experience combined in the real estate and property industry, eager to share their knowledge and foresight at GREDAC. Prominent speakers include Dato’ Seri Matthew Yeoh, Agnes Wong and Elizabeth Siew from Malaysia; Colin Tan from Singapore; Ken Urata from Japan and Janette Toral from Philippines.

According to Wonderlist Property’s Managing Director, Ray Chung, the latest developments of LRT / MRT lines across Klang Valley and the Greater Klang Valley will enhance connectivity and positively impact Malaysia’s residential and commercial property market, and these developments will create positive spin-offs in the commercial sector, automatically attracting investors where weakened Ringgit makes luxury properties in Malaysia extremely attractive and more affordable.

“It is to take advantage of these latent opportunities in the local and regional property market, that GREDAC 2016 was conceptualised,” said Chung during a press conference recently.

“There is no doubt that technology is a key driver of our industry’s growth, both in terms of how we interact and connect within the community and also how we market properties and investment opportunities to our consumers. That is why, our first-ever conference this year will focus on this theme, particularly on how the future of real estate can be transformed through consumer-driven technology.”

According to Mr Neil Foo, CEO of Secretariat for the Advancement of Malaysian Entrepreneurs (SAME), educational hubs such as the Alice Smith School in Seri Kembangan, Selangor; Taylor’s International School at Bandar Bukit Puchong; Epsom College at Bandar Enstek, Nilai, Seremban and Bandar University Pagoh near Muar, Johor; are an added attraction along with the affordable housing prices of Malaysia’s property market for foreign investments to take interest in these townships for their “holistic environment”.

“Programmes such as MM2H are what make Malaysia a continuous temptation for expats to make Malaysia their home,” said Foo. “Having so many diverse real estate and property experts under one roof is favourable for us, as we can listen from their point of view what their countrymen are looking for in an overseas property and, at the same time, we can also learn how to improve Malaysia’s real estate and property developments and raise our level on par with our international counterparts.”

Foo added that Kuala Lumpur’s house prices have significantly outperformed the rest of the country, especially after the economic downturn of 2008-2009, when the property market was revitalized with the help of the Greater Kuala Lumpur Plan, targeting developing key locations, including the latest “MRT Project”.

GREDAC has garnered the support of SAME, the Multimedia Development Corporation (MDeC), the Malaysian Institute of Professional Property Managers (MIPPM) and the Malaysian Association of Facility Management (MAFM); along with sponsors Sinouis Realty, Hectarworld, Camdy Photo and Houzcare. Other notable partners of GREDAC are CloudHax, Prospek Hartanah, PropertyAsia Philippines and Sin Chew Daily. Medini Iskandar Sdn Bhd acts as GREDAC’s Township Partner for the upcoming conference in April.

Chung believes that GREDAC is the sole premium platform that offers a unique international business matchmaking event, catered solely to the real estate community, where individuals will see industry veterans and property experts from different markets discussing current challenges, potential business opportunities, and the future of the region’s property market.

Local delegate participations will be charged a standard package fee of RM680 and USD250 for foreigners. For more information, kindly contact 03-93680019 / 0393680020 or email to enp@wonderlist.property.

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