Property Performance Indicators Making Sense of NAPIC s Data

Transcription

1 Valuation and Property Services Department Ministry of Finance Malaysia Property Performance Indicators Making Sense of NAPIC s Data Sr Khuzaimah Binti Abdullah Director National Property Information Centre (NAPIC) Valuation and Property Services Department Ministry of Finance Malaysia

2 CONTENTS 1 Introduction to NAPIC 3 2 Data Dissemination Conclusion

3 1. INTRODUCTION TO NAPIC

4 Objective of Presentation The main objective of this presentation is to provide An Insight of NAPIC and Property Indicators

5 Objective of NAPIC Provide accurate, comprehensive and timely information regarding the demand and supply of property in the country to government agencies, property developers and all parties involved in property industry. 5

6 NAPIC S VISION.. To be the leading source of quality data and the authority on real estate information in the country In achieving the vision, NAPIC shall :- Provide comprehensive, quality and up-to-date real estate data Produce timely and relevant products to meet the requirement of real estate industry and Provide indicators of demand and supply of real estate in the country. 6

7 NAPIC s Functions 2. To develop and maintain a national real estate stock warehouse 3. To provide accurate, comprehensive and timely information to government agencies and all other parties involved in real estate industry 4. To publish periodical real esate publication regularly 5. To advice the government on real estate development in the country 1. To collect real estate demand and supply data from various parties FUNCTIONS 6. To increase the public awareness regarding the importance of real estate data to the national development of real estate industry 7

8 Data Providers Regulated under First Schedule, Valuation And Property Services Rules Private Sectors Government Agencies Property Developers/ Owners Estate Agents Property Managers Hotel Owners/ Operators Other Professionals (e.g. Architects, Land Surveyors, Quantity Surveyors) N A P I C Malaysian Industrial Development Authority State Economic Development Corporation Central Bank Of Malaysia Local Authorities Land and Mines Offices Ministry of Urban Wellbeing, Housing and Local Government 8

9 Property Information Supply Chain PROPERTY INFORMATION SUPPLY CHAIN Valuation & Property Services Department Ministry of Finance Malaysia 9

10 Current & future database 10

11 2. DATA DISSEMINATION

12 Objective of Presentation The main objective of this presentation is to inform on publications produced by NAPIC in the efforts to disseminate information to the industry players.

13 NAPIC S PUBLICATIONS available free on website or upon purchase 3. DATA DISSEMINATION AD-HOC REQUEST Provide data on request from government agencies, statutory bodies, private sector, researchers, students, and etc. PERIODICAL REPORTING Provides data periodically to Government Agencies (Bank Negara, Economic Planning Unit, Ministry of Housing And Local Government, Department Of Statistics and etc).

14 NAPIC Publications PROPERTY MARKET REPORT Purpose : To provide commentary and statistics of property market in Malaysia Frequency : Annual and Half-Yearly Contents : Report Text - National commentary on the overall property market in Malaysia - State report by sector Data Tables - Transaction statistics - Property stock data - Statistics on the property prices - Statistics on property rentals and investment yields Annual Property Market - Price RM100/copy Half-Yearly - Free download from website 14

15 NAPIC Publications PROPERTY STOCK REPORTS Purpose : To provide statistics of property inventory in Malaysia Frequency : Quarterly computation 4 times a year Data collection - Census in the following areas : Residential Property Local authority s area Commercial Property Local authority s area Industrial Property Industrial schemes located inside or outside local authority s area Hotel Hotels which offer 10 or more rooms and service apartments Free download from website 15

16 NAPIC Publications MALAYSIAN HOUSE PRICE INDEX (MHPI) This report covers the performance assessment of residential properties on quarterly basis. Malaysian House Price Index is an index based on transactions and to estimate the change in the average prices for a period of time. This measurement has been used widely as a comprehensive key performance indicators. To monitor the price of residential in Malaysia. 16

17 NAPIC Publications RESIDENTIAL, SHOPS AND INDUSTRIAL PROPERTIES MARKET STATUS REPORT Purpose : To provide statistics of unsold property in Malaysia, which comprises the following : Overhang completed units in schemes that remain unsold after 9 months of launching in the market Unsold under construction and not constructed units in schemes that remain unsold after 9 months of launching in the market Vacant space in existing stock of shopping complexes and purpose-built offices Frequency : Quarterly computation 4 times a year Free download from website 17

18 NAPIC Publications RM10 MILLION PROPERTY DEALS ESTATE LAND SALES This report is a compilation of all transactions valued at RM10 million and above, according to the state and property types. Free download from website This report is a compilation of transactions of estate land (i.e land of more than 100 acres in size ). Free download from website Frequency : Depends on data availability 18

19 NAPIC Publications COMMERCIAL BUILDINGS : SPACE AVAILABILITY REPORT This report is to provide an insight into the available space for rent in a commercial buildings. Free download from website. Frequency : On a quarterly basis. PURPOSE BUILT OFFICE RENTAL INDEX FEDERAL TERRITORY OF KUALA LUMPUR (PBO-RI WPKL) This report is an indication of the commercial property rental in Kuala Lumpur. Frequency : On a quarterly basis It provide an overview of the rental index of purpose built office in Kuala Lumpur, with a primary focus on investment grade buildings. 19

20 Access to NAPIC s Publications Website: 20

21 3. CONCLUSION

22 Outcome/ Impact of NAPIC s Publications The establishment of NAPIC has foster the real estate related parties in obtaining accurate, comprehensive and timely information to ensure the The establishment of NAPIC has foster the and sustainability timely growth information the sector. to ensure the sustainability growth in the sector. Few examples of the impacts of NAPIC s publications to; Government Agencies: Central Bank (BNM) Introduction of cooling measures Ministry of Finance Reviewing of Real Property Gains Tax Department of Statistic Computation of GDP Economic Planning Unit, Prime Ministers Department Formulation Malaysian Economic Plan Bankers/ Developers/ Investors Property Market Study & Analysis Manufactures Production of furniture and fittings Researchers Real estate studies 22

23 END OF PRESENTATION Thank You