Property Outlook Conference 2014 (POC 2014), the leading property conference in Malaysia, will be held on 11 to 12 January, with the aim of sustaining the attractiveness of local properties to foreign investors.
According to Datuk Terry Ong, Chief Executive Officer of Wealth Mastery Academy Sdn Bhd, which is the conference organiser, the local property market was one of the main interests of foreign investors, particularly those from India, Singapore, South Africa and China.
"The main reason that our property remains attractive to them is our price is still low among Asean countries and Malaysia is the only country that still offers freehold land to foreign buyers," he said at a press conference on POC 2014.
He noted that the price cap for foreign property ownership announced in Budget 2014 remains at an acceptable level and is not expected to affect the demand for properties.
Notably, the POC is designed to help property investors and buyers to practise effective property investment strategies. It will feature professionals who will share their insights and approaches on a vast array of wealth-building techniques and strategies.
The two-day conference will also bring in top-tier market experts including property investment gurus, valuers, experts, developers as well as other market-related players in the country and overseas to share expectations on the Malaysian property market in 2014.
In line with the conference, the organiser is targetting attracting 15 to 20 developers toshowcase their newest projects.
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