Version: CN
Global real estate giant IQI has made a significant stride with the launch of its inaugural real estate agency office, IQI Hong Kong, in the heart of Asia’s financial epicenter.
This strategic move is part of IQI’s expansion plan, with six offices slated for unveiling in the first half of 2024.
IQI Hong Kong is the result of a partnership between IQI and the esteemed local property and finance firm, Hong Kong Morning Dragon Company Limited.
Celebrating this milestone, Juwai IQI Co-Founder and Group CEO Kashif Ansari highlighted the pivotal role of Hong Kong on the global stage
It is the world’s most expensive home market and an Asian financial hub. The residential market volume will likely hit US$3.13 trillion in 2024.
Kashif Ansari
He added Hong Kong is currently experiencing a transformative phase unlike any other, propelled by strengthened ties with China and substantial investments in infrastructure, particularly in connection to the Greater Bay Area initiative.
This integration presents Hong Kong with a unique opportunity for growth, promising to be a catalyst for future economic prosperity.
Daniel Ho, Co-Founder and Group Managing Director of Juwai IQI, extended a warm welcome to the incoming team.
Michelle Chan, Head of IQI Hong Kong, brings over 30 years of experience in property and finance, while Morning Dragon excels in Hong Kong’s housing market, offering mortgages from HK$1 million to HK$1 billion.
They also specialize in overseas properties, aligning with IQI’s presence across these markets, listing hundreds of thousands of properties popular among Hong Kong buyers.
Daniel Ho added Hong Kong boasts a thriving real estate scene, attracting significant local and cross-border transactions.
IQI finds it particularly enticing due to its strong connections with mainland Chinese buyers, active cross-border investment, and advanced real estate tech.
“Buyers from Hong Kong are a top-three foreign group in global markets, including Australia, where they rank just behind Mainland and Indian buyers, as per recent data.”
Michelle Chan, Head of IQI Hong Kong, expressed her excitement for the launch, highlighting IQI’s advanced technology and extensive marketing capabilities, establishing the agency as a formidable player in both local and international real estate.
IQI’s technology and marketing reach gives us an advantage over our local competitors. As part of a global network of agencies and with global industry-leading technology, we have a large step up.
“We aim to leverage the resources from this partnership to expand our presence in the local market, cater to the Hong Kong buyer demand for mainland Chinese properties, and tap into the international property market,” Michelle pointed out.
Join IQI as we expand our global footprint, delivering unparalleled property services across borders. Together, let’s fulfill the dream of finding homes that inspire.
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