yang berhormat dato - Asian Strategy & Leadership Institute

Official Opening and Keynote Address by
Yang Berhormat Dato’ Seri Kong Cho Ha
Minister of Housing & Local Government
19 & 20 October 2009
Sunway Resort Hotel & Spa Kuala Lumpur
Supported By
Corporate Sponsors
Media Partner

The word ‘cautious’ reflects the current property market
sentiment. Business activities and transactions will not improve
and market will continue to be lacklustre until there is certainty
of an economic upturn. However, all hope is not lost. After more
than a year of battling with the economic crisis, the US economy
and European markets are now on their way to recovery. The
Asian markets will likely to follow suit. So, it looks like the worst
is over...
According to the Malaysian Property Market Report 2008,
the commercial and retail sectors were the worst hard hit by
the economic slowdown in terms of lower occupancy and
rental rates. More buildings completed this year have also
contributed to the lacklustre market. On the other hand, the
residential sub-sector was leading the market with 63.7% of
total property transactions, but the performance was mixed
among the states.
In mitigating the impact of the economic slowdown, the second
economic stimulus package announced by our Prime Minister
this year has been very well-received by industry players.
However, proper measures to enhance public delivery system
needs to be stepped up and restructured to ensure greater
transparency and efficiency in implementation of policies
and most importantly, responding quickly to changes. Proper
coordination among various agencies and channels is also
crucial to the success of implementation, which in turn governs
the success of the policy intended.
As the economy continues to improve, property experts foresee
more business transactions and activities will flow through in
the fourth quarter, this year. As the economy recovers, market
confidence will improve and the property sector will likely to
flourish. Already there are signs of a turnaround.
ASLI’s Annual National Housing & Property Summit 2009 is set
to present a timely meeting point for property industry players
to brainstorm, exchange and deliberate new ideas, possible
action plans and business solutions on how to cope with
current economic challenges and work towards
achieving sustainable property developments.
This year the property industry faces more
challenges but the property market is
showing signs of recovery.
Your participation at this summit will benefit you in
the following ways:-
• Gain up-to-date information on the state of the property
industry
• Evaluate trends in residential, office, commercial property subsectors
• Discuss how the improving economy and recent liberalisation
of the FIC guidelines and services sector will impact on the
property sector
• Network with policy formulators and implementors
• Obtain strategic insights into key challenges and prospects for
the property sector going into the new year
• Identify the driving forces that will shape the future of the
property industry.
WHY YOU SHOULD ATTEND
This is a high-level event that serious business leaders, industry players
and government officials should attend. Participants will have a
chance to get live first-hand update and address by the Minister
of Housing and Local Government. Participants will also have an
opportunity to network and learn from our panel of speakers who
are prominent key players in the property industry as well as interact
with other prominent thinkers, analysts and government officials.
WHO WILL BE THERE &
WHO SHOULD ATTEND
This annual summit will bring together property developers,
architects, town planners, civil engineers, building material
manufacturers and suppliers, property and conveyancing
lawyers, bankers, REITs managers, asset and fund managers,
real estate agencies, house buyers, government officials
from property related departments, land officers, and
other relevant parties.

DAY ONE: 19 October 2009 DAY TWO: 20 October 2009
8:30 am Arrival and Registration of Participants
8.45 am Morning Refreshments
9.15 am SESSION 1: CEO Forum: The Property Market After the Global
Economic Crisis – Will the Government’s Recent Liberalisation
Measures Speed Up Recovery?
As we experienced a weaker market sentiment in the property
sector in the first half of 2009 with a tact investor confidence
to help, we are now moving into the second half of the year
with much higher optimism on a market stabilisation in 2010 as
economies like China (China Daily, 8/6/09) has started bottoming
out and countries in Europe (The Star, 11/8/09) are already
showing signs of recovery. The Malaysian government is also
catching up by introducing two stimulus packages and a further
liberalisation in the economy to reduce the impact of the crisis.
This forum will explore the followings concerns:
• How has the local property sector fared with the government’s
recent initiatives and new ruling of liberalisation on the
economy?
• How has recent liberalisation supported the existing property
or township developments?
• One would not expect the local property market to be the
same again after the crisis and economic liberalisation. What
would be the next and upcoming trends and developments
that we expect to see in the property market?
10:45 am SESSION 2: Outlook for REITs – What’s Next? Where do we go
from here?
Increasing financial institutions in Malaysia have embarked on
REITs to take advantage of the promising investment returns and
low entry-costs in the real estate industry during the economic
downturn. REITs have ventured not just into the housing and
commercial sectors, new players have also moved into new
areas like oil palm plantations and industrial sectors. With more
REIT listings are expected next year, this session will explore the
trend and developments of REITs as well as the evolving regulatory
environment surrounding REITs moving forward.
12:00 pm Delegates to proceed to Luncheon venue
12:10 pm LUNCHEON ADDRESS: New Property Developments in Selangor
YB. Tuan Iskandar A. Samad
Exco-Member, Selangor State Government
12:40 pm Networking Luncheon
2:00 pm Arrival of Guests of Honour
2:10 pm WELCOME ADDRESS
Tan Sri Dr Jeffrey Cheah
Chairman, Board of Trustees ASLI Foundation
2:20 pm OFFICIAL OPENING & KEYNOTE ADDRESS
Y.B. Dato’ Seri Kong Cho Ha
Minister of Housing & Local Government
2:45 pm Afternoon Tea Break
3:15 pm SESSION 3: Prospects for Residential Housing & Condominiums
– What’s Hot? What’s New?
The residential sector has not been spared from the impact of
the protracted economic downturn. Industry players observe
a ‘wait-and-see’ attitude as investors adopt a cautious stance
during these tough times. Some property developers have also
placed greater emphasis on the luxury housing property and
have adopted cutting-edge living concepts, and focused on
building a community for condominium projects. This session will
explore the prospects for residential housing and condominium
when the economy is expected to pick up. Some questions to be
explored (but not limited to) as follows:
• How would the revised guidelines on MM2H programme
affect this sector?
• Is the introduction of defect liability period effective in
providing a coverage for purchaser? What if defects happen
later?
• Where and what would be the next focus of residential
developments in the next 6 to 8 months?
4:30 pm End of Day One
Notes:
• The Organiser reserves the right to alter the content and timing of the programme in the best interest of the Summit
and is not responsible for cancellations due to unforeseen circumstances.
• The Organiser accepts no responsibility for statements made orally or in written material distributed by any speaker
at the Summit. In addition, the Organiser is not responsible for any copying, republication or redistributions of such
statements.
• © Copyright Asian Strategy & Leadership Institute (ASLI) 2009. All rights reserved.
• Programme as of 27 August, 2009.
9:30 am SESSION 4: Outlook for Retail and Commercial Sectors: Are
We Becoming Over-Built?
The retail and commercial sectors have been most hard hit by the
prolonged economic slowdown, and now with the impact of the
pandemic outbreak of Influenza A H1N1, businesses need to be
revived to bring back the demand in these sectors.
• In the Klang Valley alone, the current retail occupancy rate is
86% and an additional 16.7% of current total office stock will
be added to the current supply, how are property players
and building owners coping with a situation of oversupply?
• While taking a long-term stance may be a solution, what can
local authorities and property players do to overcome the
issue of oversupply due to the current market conditions?
• Property players can choose to counter the situation by
putting an emphasis on concept, landscaping, good
property management, property makeover or refurbishment,
etc., and what will be the cost?
10:45 am Morning Coffee Break
11:15 am SESSION 5: Revival of Failed & Abandoned Projects – Protection
for Property Purchasers
It would be easy to blame the rising abandoned projects on
the crisis. Despite various measures and more stringent rules
were introduced and implemented by the Housing and Local
Government Ministry to enhance protection for property
purchasers, abandoned projects continue to persist.
• Latest statistics show that only about 19% of the 148
abandoned projects are being revived and rescued, while
failed projects constitute 8% of the total number. What about
the rest and what can be done about it?
• Various industry players and consumer groups have called
for additional measures, stricter enforcement of the laws and
greater administration of punitive measures to be imposed
on deviant developers. What can the local authorities and
industry players do to stem the tide?
12:30 pm LUNCHEON ADDRESS BY MINISTER OF FEDERAL TERRITORIES
Y.B. Dato’ Raja Nong Chik Bin Dato’ Raja Zainal Abdin
1:00 pm Networking Luncheon
2:00 pm SESSION 6: Challenges Facing Green Buildings and Sustainable
Development
In recent years, as awareness of a green environment and
concerns over the impact of environment on livings increase,
more property players and practitioners have also joined regions
around the world to explore and embrace green building designs
to help address environmental concerns. Early this year, PAM
(Pertubuhan Arkitek Malaysia) has introduced the Green Building
Index Malaysia (GBI Malaysia) to promote sustainability in the
built environment and raise awareness among property players
on environmental issues. In years to come, green buildings will
become a norm and old buildings will have to live up to the
new standard of ‘green’ living. This session will to explore the
extra challenges, either technical or increased expenditure,
facing building owners and legal risks involved in adopting green
buildings in Malaysia.
3:15 pm SESSION 7: Conversation with Industry Leaders
• Are we moving too fast ahead? Will property supply surpass
demand by 2010? What are the lessons drawn from the
recent property overhang?
• ‘Sustainability’ and ‘green environment’ are two clichés
we find nowadays. How would you perceive these ideas as
the leading property players? Would you adopt these
concepts in your property development(s) and what would
be the challenges?
• A recent report shows that certain structure or layout of a
building can attract crime and allows easy escape of
crime. How can developers help to combat crime in property
& township developments?
• How would developers adopt Corporate Social Responsibility
in property developments?
4:30 pm SESSION 8: Marketing Property Development Overseas – What
are the Key Issues?
Recent revision on the guidelines of the Malaysia My Second
Home (MM2H) Programme has been another government’s
initiative to relax a number of restrictions to encourage greater
foreign participation in the programme in the country. This session
aims to explore the effectiveness of the revision and also, discuss
the key issues facing local property players in marketing their
property projects overseas.
5:45 pm End of Summit / Afternoon Refreshments

ABOUT
ASLI
ASLI is dedicated to creating a better society and is an independent not-for-profit organization that promotes leadership, strategic
thinking and bilateral business partnerships. ASLI’s mission is to help organizations enhance leadership and strategic capabilities through
the interchange of ideas, information and knowledge. Towards that end, ASLI continuously engages in the research and implementation
of strategic leadership programmes, publications, conferences, CEO Membership Forums, and international bilateral business missions.
ASLI’s events have been addressed by Heads of State, Prime Ministers, Senior Cabinet Ministers, Captain of Industry and prominent
Strategic Thinkers to discuss issues of strategic importance to Governments and Businesses. ASLI has, over the years, organized high-level
programmes focusing on bilateral business partnerships in Singapore, Indonesia, Philippines, Australia, Japan, USA, Canada, Britain,
Germany, China and South Africa. All net proceeds from ASLI’s programmes are donated to the non-profit ASLI Foundation. ASLI is also
the Malaysian Secretariat of various bilateral Business Councils.
National PROPERTY & HOUSING SUMMIT 2009
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19 & 20 OCTOBER 2009
REGISTRATION FEES
Normal Registration Fee
NOTE: Fee includes lunch, refreshments & conference documentation.
Registration fee is HRDF SBL claimable (subject to approval by HRDF)
Early Bird
(NOTE: By 28 September 2009 and strictly payments made before the
event date only)
Special Group Discount
(NOTE: For a group of 3 pax or more)
Government Officials
VENUE
Sunway Resort Hotel & Spa Kuala Lumpur
RM2200.00
RM2000.00
RM1850.00
RM1650.00
PAYMENT
The fee must be paid in advance of the event. Walk-in delegates with payment will
be admitted on ‘space availability’ basis. Cheques or bankdrafts should be crossed
and made payable to Asian Strategy & Leadership Incorporated Sdn Bhd.
FOR PRIVATE SECTOR
The organisers reserve the right to stop any registered delegate from taking part in
the event if no proof of payment can be presented. This only applies to registered
delegates who have NOT paid the registration fees prior to the event date.
FOR GOVERNMENT OFFICIALS
A Local Order (LO) or letter of approval to participate must be presented before
the event.
SUBSTITUTION/CANCELLATION
Substitution is allowed for a registered delegate. Please note
that all payments must be made prior to the event proper. For
cancellations, a refund minus 10% service charge will be sent to the
said delegates if cancellation is received in WRITING by 5th October
2009. No refund will be made for cancellation received after
5th October 2009.
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