GEORGE TOWN, Oct 26 – The Penang Property Summit 2016 will take place for the second time. It is the collaboration between the Penang State Housing Committe and PenEvents. While the PIP will also be held at the SPICE Arena on 8-10 January, 2016.

Exco member for Housing and Town & Country Planning, Jagdeep Singh Deo due to last year immense success, it is crucial to hold such event at least twice a year. He said that the summit comprised a one-day conference where 200 attendees are expected on a strictly invitation basis and a 3 day program-packed expo where over 30 exhibitors are expected.

“The property sector is an evolving one and every minute there are changes. Therefore, it is important to get stakeholders together to better enhance the delivery of housing to the people,” he said at the press conference to announce the summit at Jen Hotel here on Monday.

Besides that, there were a new program added to the summit will be a “premier lecture series” on day 2 (January 9, 2016). The premier lecture series will have Senior State Executive Councillor, YB Chow Kon Yeow, the Mayor, Dato’ Patahiyah bte Ismail and YDP Dato’ Maimunah bte Mohd Sharif deliberating on the challenges and opportunities facing Penang Island and the mainland.

Meanwhile, the second premier lecture series will have Dr. Lim Kim Hwa, CEO of Penang Institute and Dato’ Lee Kah Choon (Director of Invest Penang) providing insights to Penang’s strategic plan to be a “high income” state. For each of the premier lecture series, there will be over 100 invited guests comprising corporate leaders, senior government officials and Trade Associations executive committee members.

Arising from the mid-term review which was carried out in August 2015, the agenda for the PIP conference was scheduled on January 8, 2016. Amongst them was the review of criteria for affordable housing, proposals for DIBS and RTO for affordable housing and Developers Creative Schemes.

 

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