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FNG’s Yume at Riverpark in Cavite Set for Completion by May 2026: Luxury Lots, Exclusive Amenities & Prime Connectivity

FNG’s Yume at Riverpark in Cavite Set for Completion by May 2026: Luxury Lots, Exclusive Amenities & Prime Connectivity

This article is contributed by Emmanuel Andrew Venturina, Country Head of IQI Philippines, who brings nearly 11 years of real estate expertiseFNG’s Yume at Riverpark in Cavite Expected to Be Completed by May 2026Federal Land NRE Global, Inc. (FNG), a joint venture between Federal Land and Nomur Real Estate, has started construction of its 18-hectare (44-acre) horizontal project called Yume at its Riverpark township in General Trias, Cavite. Yume will offer 296 lots ranging in size from 300 to 527 square meters (3,230 to 5,670 square feet), with prices ranging from PHP15.9 million to PHP32 million (USD274,000 to USD552,000) per unit. The project will ] feature amenities such as a swimming pool, outdoor fitness area, multi-purpose court, wellness spa, and clubhouse, with access to the Manila–Cavite Expressway. FNG expects to complete the project by May 2026.RLC Buying PHP3.5 Billion Land for Taguig ProjectRobinsons Land Corporation (RLC) is investing PHP3.5 billion (USD60.3 million) to acquire 61,761 square meters (664,800 square feet) of land in Taguig City, which will be developed into an integrated community called Bonifacio Capital District. The mixed-use project will be a joint venture between RLC and the Bases Conversion and Development Authority (BCDA). Located next to the New Senate Building, the project will offer residential, commercial, office, hotel, and recreational spaces.CLI Eyes Cavite, Pasig for First Luzon ProjectsCebu Landmasters Inc. (CLI) aims to complete its land acquisition in Luzon by Q4 2024 for its horizontal projects in General Trias, Cavite, and Pasig City. Earlier, CLI announced plans for a mid-market vertical project and an affordable horizontal development as part of its entry into the Luzon property market.Travellers Investing USD400 Million for Integrated Resort in CebuTravellers International Hotel Group Inc. plans to invest approximately USD400 million (PHP23.2 billion) in developing a new integrated resort in Cebu. The project will be located within the Mactan Newtown township, with construction expected to begin in H1 2025. The integrated resort will feature a gaming area, food and beverage outlets, villas, and a five-star hotel. It will also be situated across from the 2,500-seat Mactan Expo convention center.Filigree Unveils Luxury Unit at Golf RidgeFiligree has introduced the 1-Bedroom Classic Unit in its Golf Ridge Private Estate, a residential condominium located within the 201-hectare (497-acre) Filinvest Mimosa Plus in Clark, Pampanga. The units range in size from 72 to 83 square meters (775 to 893 square feet) and are priced between PHP16 million and PHP19 million (USD275,900 to USD327,600) per unit. Amenities at Golf Ridge Private Estate include an infinity pool, outdoor lounge area, function room, and access to the Mimosa Plus Golf Course.Discover your dream property at Yume, where luxury meets convenience in Cavite. Ready to learn more? Contact us today!Data extracted in September 2024read more...

8 November

Unlocking Pakistan’s Real Estate Potential: Exciting Financing Options for Foreign Investor!

Unlocking Pakistan’s Real Estate Potential: Exciting Financing Options for Foreign Investor!

This article is contributed by Junaid Hamid, Country Head of IQI Karachi Pakistan.Pakistan's thriving real estate sector is a hotspot for foreign investment, driven by the country's rapid growth,urbanization, and infrastructure development. With numerous financing options available, foreign investors can confidently tap into this lucrative market.Financing OptionsForeign Direct Investment (FDI): Enjoy 100% ownership and control, with potential for high returns.Joint Ventures: Partner with local experts, sharing risks and leveraging market knowledge.Real Estate Investment Trusts (REITs): Diversify your portfolio and earn regular income streams.Islamic Financing: Explore Shariah-compliant options, offering ethical investments and attractive returns.Overseas Pakistanis' Investment: Special schemes provide preferential treatment and repatriation benefits.Commercial Banking: Access local currency and flexible repayment options.Non-Banking Financial Institutions (NBFIs): Discover innovative financing solutions.Private Equity and Venture Capital: Partner with local firms for high returns and diversified portfolios. AdvantagesGrowing economyUrbanization and infrastructure developmentFavorable business environmentAccess to a large consumer marketCompetitive labor costsGovernment SupportSimplified regulatory frameworkIncreased access to creditEnhanced transparencyFacilitated currency repatriationInvestor-friendly policiesConclusionPakistan's real estate sector offers unparalleled opportunities for foreign investors. With its business-friendlyenvironment, innovative financing options, and government support, Pakistan is poised to become a topdestination for international investment.Ready to explore Pakistan's real estate opportunities? Discover the best financing options for foreign investors—Data extracted in September 2024Read more here!

8 November

Vietnam Real Estate Surge: New Infrastructure, Metro Line, and Major Investments in 2024

Vietnam Real Estate Surge: New Infrastructure, Metro Line, and Major Investments in 2024

This article is contributed by Dustin Nguyen, Country Head of IQI VietnamCENTRAL MARKETThe Global City - The Expected Market HotspotOne of the rare brand-new primary projects to launch in Q4/2024.Added value from infrastructure – Liên Phường Road construction has started.From now until 17/11, the Ben Thanh - Suoi Tien Metro railway line will be officially put into trial operation, including both the elevated section and the tunnel.It is expected to begin official commercial operation by the end of December 2024. When the Metro line is officially operational, it will significantly boost the prices of nearby projects.On 2/10/2024, Nam Ly Bridge was opened to traffic after 8 years of waiting. Nam Ly Bridge, located on Do Xuan Hop Street near The Global City, directly connects to the MK intersection of Hanoi Highway.The Nam Ly Bridge, connecting District 2 and the old District 9 (now Thu Duc City), had a total investment of nearly 732 billion VND (a reduction of more than 188 billion VND compared to the original plan). It replaces the Rach Chiec dam bridge to improve connectivity between Hanoi Highway and the Ho Chi Minh City - Dau Giay Expressway, reducing traffic congestion on Do Xuan Hop Street during rush hours.On 10/10/2024, construction began on the remaining 600m section of Liên Phường Street, connecting The Global City to Hanoi Highway – Thao Dien Ward, District 2. This will reduce travel time to only 5-7 minutes. Residents in District 9 and District 2 will be able to reach central districts more conveniently and quickly.On 20/10/2024, Masterise Homes signed agreements with 30 agencies to prepare for the sale of 27 apartment buildings, corresponding to 8,000 units, at The Global City project. This move is expected to boost the real estate market and make it more vibrant toward the end of the year.The announcement by Masterise Homes about the upcoming opening of a connecting road from the expressway to The Global City has generated significant interest among real estate agencies involved in the project.Foreign investment has been the main driving force behind large mergers and acquisitions this year. Last week, U.S. investment firm Nebula Energy's liquefied natural gas subsidiary, AG&P LNG, acquired a 49% stake in the Cai Mep LNG Terminal in Ba Ria-Vung Tau.Province, according to its owner, energy firm Hai Linh Company. The terminal is valued at US$500 million and is expected to become operational in the third quarter of this yearIn late February, Siam Commercial Bank, Thailand’s fourth-largest bank by assets, acquired consumer finance company Home Credit Vietnam for $865 million. Like in 2023, when the top five M&A deals all involved foreign investors, this year’s market is similarly dominated by them.Tourism & Resort Real Estate Growth: Tourism, particularly from Korean and Chinese visitors, is driving an increase in the sale rates of hotel rooms and Airbnb rentals. As a result, this is the best time in two years to sell resort projects.Focus on Projects Near HCM: Large, reputable developers are focusing on projects near Ho Chi Minh City to leverage the Sbay infrastructure and belt road developments.*Sungroup: 99h to Vung Tau*Lodgis: Promoting the development of resort villas in Q4 2024 and Q1 2025Suburban Investment Trend: Investment in suburban areas is increasing due to the connection of Belt Road 3, with depopulating areas becoming attractive. This trend includes residential real estate combined with industrial real estate in areas such as Binh Duong (Capital, Gamuda, Becamex) and Long An (Lahome, Ecopark, Nam Long).Discover the latest real estate opportunities in Thu Duc City. Contact us today or read more here to find your ideal investment or home!Data extracted in September 2024Read more now!

8 November

Hong Kong Market Insights: Real Estate Trends, Economic Growth and Financial Highlights!

Hong Kong Market Insights: Real Estate Trends, Economic Growth and Financial Highlights!

This article is contributed by Nelson Li, Country Head of IQI Hong Kong.In the second quarter of 2024, Hong Kong's overall economic growth stood at 3.3%, mainly supported by continuous growth in the export of goods. Visitor arrivals to Hong Kong totaled approximately 25 million in the first seven months of 2024, which is equivalent to about 70% of pre-pandemic levels. Notably, the rapid growth of non-mainland overnight tourists contributed to a rise in hotel room occupancy, reaching 83% for the first seven months of 2024 compared to 81% for the same period in 2023. The Hong Kong government's focus on promoting an event-based economy was demonstrated by organizing over 200 events in 2024. Successful cultural events, such as the "Doraemon" exhibition and the film "Kowloon Walled City," set examples of how to enhance tourism and boost private consumption expenditure. However, local retail sales and restaurant receipts faced challenges, leading to a decline in private consumption expenditure. The popularity of online shopping and increased regional competition for similar goods and services have caused structural changes in the local consumer market. To attract residents and tourists, enhancing innovative, distinctive service experiences would be crucial in boosting consumption. In the financial market, Hong Kong's stock market surged from around 16,600 to over 19,000 points due to Mainland China’s recent economic stimulus. However, the IPO market remained weak, with only about 30 companies going public in the first half of 2024, raising around HK$13.4 billion—a 25% drop from the same period in 2023. Forecasts for IPOs have been revised down to HK$50 to HK$80 billion from the initial estimate of HK$100 billion at the start of 2024. In response to the US Federal Reserve's rate cut, local banks immediately reduced prime rates by 0.25%, slightly decreasing actual mortgage rates. Reports indicate that banks have been tightening mortgage loans, particularly affecting lower-quality properties and commercial real estate, leading to liquidity challenges for corporations seeking property financing. The recent establishment of a dedicated task force by the Hong Kong Monetary Authority to address SME financing is expected to positively impact coordination between banks and corporations. Hong Kong Property Market Residential property transactions dropped significantly after hitting a near 12-year high of 8,551 units in April 2024, averaging about 3,744 units monthly from June to August. Property prices fell by approximately 4.1% in July from their peak in April, reaching levels last seen in the first quarter of 2015. Developers accelerated sales after the removal of “spicy measures” in February 2024, with 11,399 primary property transactions recorded between January and August 2024—surpassing the annual totals of 2021 and 2022. However, the secondary market was affected as homebuyers shifted their focus to the primary market. Despite cautious sentiment, the residential rental market performed well due to the housing demand from talents relocating under the "Top Talent Pass Scheme," with rental prices increasing by about 4.4% in July 2024 compared to the end of 2023. Some developers have adjusted their strategy by converting projects from sale to rental. It is expected that this trend will continue, as unsold inventory remains high, exceeding 20,000 units. The luxury property segment outperformed the rest of the private residential market. The number oftransactions from January to the present in 2024 has surpassed the total for 2023, with significant increases in volume on Hong Kong Island. Several developments have remained unaffected by the overall market decline, setting new price-per-square-foot records within their districts. Luxury properties are expected to remain stable due to their market uniqueness. Overall, the performance of the commercial property market has lagged behind the residential market in 2024. Investors’ attention shifted to the residential market after the removal of "spicy measures" in February 2024, while distress sales by developers and strategic investors further dampened market sentiment. Office, industrial, and retail property prices have dropped by 15.9%, 9.7%, and 10.8%, respectively, this year—significantly higher than the 4.7% decline in residential prices.Discover the latest on Hong Kong's economic growth, real estate trends, and tourism revival—read on to see how these shifts could impact you!Data extracted in September 2024Download here!

8 November

Canada Real Estate Market Q3 Update: Trends in Toronto, Vancouver and Quebec Trends Revealed!

Canada Real Estate Market Q3 Update: Trends in Toronto, Vancouver and Quebec Trends Revealed!

This article is contributed by Yousaf Iqbal, Country Head of IQI Karachi Canada, who brings nearly 11 years of real estate expertiseIn September 2024, Metro Vancouver experienced a slight decrease in home prices, along with a significant rise in property listings and a decline in sales compared to the previous year. In contrast, the Greater Toronto Area saw an increase in sales, although average prices dipped slightly, and new listings grew even more. Meanwhile, Quebec showed gains in both sales and new listings, reflecting varied market trends across Canada.TorontoGreater Toronto Area (GTA) REALTORS® reported 4,996 sales through the Toronto Regional Real Estate Board (TRREB) MLS® System in September 2024, up by 8.5% compared to September 2023. New listings increased by an even greater 10.5% over the same period. The MLS® Home Price Index (HPI) Composite benchmark was down by 4.6% year-over-year. The average selling price of $1,107,291 was down by 1% compared to the September 2023 result. On a seasonally adjusted month-over-month basis, both the MLS® HPI Composite and the average selling price edged up slightly compared to August 2024.VancouverThe MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver iscurrently $1,179,700. This represents a 1.8% decrease from September 2023 and a 1.4% decrease compared to August 2024.The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,932, a31.2% increase compared to September 2023 (11,382). This is 24.2% above the 10-year seasonal average (12,027). Greater Vancouver REALTORS® (GVR) report that residential sales in the region totaled 1,852 in September 2024, a 3.8% decrease from the 1,926 sales recorded in September 2023. This was 26% below the 10-year seasonal average (2,502).QuebecUncover key insights into Canada's September 2024 real estate trends. Find out what’s driving sales, prices, and listings—read the full update here!Data extracted in September 2024Read more...

8 November

Global Property Market Insight | November 2024 – Juwai IQI

Global Property Market Insight | November 2024 – Juwai IQI

The global property market is entering a transformative "supercycle" driven by urbanization, demographic shifts, and infrastructure investments. Saeed notes that housing is becoming a new "global currency" as more investors turn to real estate as a hedge against inflation and economic uncertainty. This surge in demand, coupled with supportive policies in key markets, suggests that property values may continue to outpace income growth, offering stability and resilience in times of global economic fluctuation.​Key Economic Highlights Across Global MarketsAustralia: Australia’s dwelling values experienced a modest increase of 0.4%, similar to the 0.3% growth in July and August, signaling a continued slowing of momentum.Greece: Over the past six years, Greece's house price index has steadily increased, achieving a 99.7% recovery from its lowest point in the third quarter of 2017.Hong Kong: Hong Kong's stock market surged from around 16,600 to over 19,000 points due to Mainland China’s recent economic stimulusTurkey: Turkey's real estate market, currently valued at USD 99.05 billion, is on a strong growth path, expected to reach USD 168.11 billion by 2029Portugal: The Portuguese government has announced a significant increase in its public housing construction target under the Recovery and Resilience Plan (PRR).Tips for Managing Market VolatilityUse Dollar-Cost Averaging to spread out investments over time, reducing the impact of market fluctuations.Include Defensive Assets like bonds and dividend stocks to cushion against downturns.Stay Informed but avoid overreacting; focus on reliable sources and long-term goals.Seek Financial Guidance for tailored advice on handling market swings.Build an Emergency Fund to avoid liquidating investments during unexpected downturns.By following these strategies, investors can better navigate a fluctuating market and stay focused on long-term financial goalAre you curious about other market insights? Download the file to discover more!DownloadData extracted in September 2024

7 November

IQI Global Expands Worldwide: Launches New Offices in Abu Dhabi and Cyprus

IQI Global Expands Worldwide: Launches New Offices in Abu Dhabi and Cyprus

IQI Launches Second UAE Office in Abu DhabiIQI Global continues its impressive international expansion with the launch of new offices in Abu Dhabi. Indeed, the Abu Dhabi office marks a significant milestone in the company’s growing presence in the Middle East, a region widely recognized for its booming real estate market and strategic importance in global property investments.In addition, by establishing a foothold in Abu Dhabi, IQI Global aims to fully leverage the city’s dynamic market, thereby providing top-tier real estate services and opportunities to both local and international clients. This move, moreover, reflects the company’s strong commitment to fostering long-term relationships and creating substantial value for investors in one of the fastest-growing economic hubs in the region.IQI Launches New Office in CyprusSimilarly, the official launch of the IQI Cyprus office further solidifies the company’s impressive growth across Europe. Notably, Cyprus, known for its attractive property market and favorable investment climate, offers countless opportunities for investors seeking real estate within the European Union.Moreover, the new office will serve as an essential gateway for clients interested in both residential and commercial properties, while also helping IQI expand its network and serve its global clientele even more effectively. Furthermore, the Cyprus launch underscores IQI Global’s dedication to broadening its reach and enhancing its real estate solutions across a wide range of diverse international markets.Interested to know more? Click here to read more!DownloadTo get the latest news and insights on real estate, click the image below and join our Whatsapp channel!

7 November

Q3 Housing Market Update: Australia’s Growth Slows, But Perth Leads with Unstoppable Demand!

Q3 Housing Market Update: Australia’s Growth Slows, But Perth Leads with Unstoppable Demand!

This article is contributed by Lily Chong, Head of IQI Australia, who brings nearly 13 years of real estate expertise and a commitment to uplifting professionals globally.In September, Australia’s dwelling values experienced a modest increase of 0.4%, similar to the 0.3% growth in July and August, signaling a continued slowing of momentum. Nationally, housing values rose by 1.0% in the September quarter, marking the smallest quarterly rise in the Home Value Index (HVI) since March 2023, when the market first began its current upward trend.Interestingly, four capital cities saw a decline in dwelling values during this period. Melbourne led with a 1.1% drop, followed by Canberra, Hobart, and Darwin. In contrast, Perth experienced the highest growth at 4.7%. Sydney maintained positive growth, but its 0.5% rise in the September quarter was the slowest since February 2023.Meanwhile, mid-sized capitals, which had been leading in capital gains, are also starting to slow. Adelaide’s growth appears to be plateauing at 4.0%, while Brisbane recorded its lowest quarterly rise (2.7%) since April 2022. Perth’s property market Spring selling season has kicked off with a notable increase in active listings, rising by 8.4% in September and reaching 3,952 by month-end.According to REIWA CEO Cath Hart, the Spring season has brought a boost in new listings, as anticipated. “Spring is traditionally one of the busiest times for sales, and our members are seeing more properties come to market, with new listings outpacing sales over the past month,” she shared.Despite this increase in listings, properties are still selling quickly, keeping active listings relatively low. Compared to this time last year, active listings are down 19.0%, though this represents a marked improvement. Between November 2023 and May 2024, listing volumes were 40% lower year-on-year, with every month since May still showing a 30% decline compared to the previous year.These trends highlight the continued strength of the Perth market despite low stock availability.Are you curious about market insights in other countries? Download the file to discover more!DownloadData extracted in September 2024

7 November

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