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Ringgit depreciation attracting foreign investors
The Malaysian property market has been luring foreign investors back as the ringgit depreciated, according to Juwai IQI’s Q3’22 Economic Outlook report. Juwai IQI co-founder and group CEO Kashif Ansari said the weakening ringgit is part of the appeal of Malaysian property that has been luring foreign investors back into the market. “Foreign investment benefits…
IQI Pakistan
Another country unlocked: Juwai IQI launches IQI Pakistan
International real estate technology company Juwai IQI has launched IQI Pakistan, in partnership with the well-established Pakistani property marketer, LandLife. IQI Pakistan is the latest branch in Juwai IQI's global network, which has extended to 20 countries with more than 30,000 real estate agents, boasting the SuperApp Atlas and real estate portals Juwai.com and…
middle east, dubai
Middle East turns to property to boost economy
Middle-East states including the United Arab Emirates and Saudi Arabia are launching ambitious property projects  and other initiatives to rejuvenate the Gulf economy, reducing its reliance on oil while attracting foreign capital and talent from China and elsewhere. The Gulf Cooperation Council, a group of six states comprising Saudi, UAE, Bahrain, Kuwait, Oman and Qatar, grew…
Australia FIRB fee likely to weigh on home prices and property investment
Analysts said the investment fee hike by Australia for foreigners may be untimely considering the heightened risks of inflation,  global recession and declining home prices in the country. Canberra doubled the Foreign Investment Review Board (FIRB) application fees on Friday last week, with the maximum set at A$1.045 million (US$730,000) for deals worth more than A$2…
Malaysian residential real estate market headed for rally in next 12 months
Residential real estate market in Malaysia is headed for a post-pandemic rally over the next 12 months, according to Juwai IQI Malaysia Property Survey and Index Q3’22. Juwai IQI co-founder and group CEO Kashif Ansari said real estate agents around Malaysia told the group that prices and rents are likely to increase significantly over the next…
Juwai IQI appoints REA Group veteran as data leader
Juwai IQI has hired Premendran Pathmanathan, the former General Manager of Customer Data Solutions at the REA Group's REA Asia and iProperty subsidiaries, as its new senior advisor for data strategy. Pathmanathan has led the data business for the past six years at the REA Group's iProperty. He has produced analysis tools for iProperty's consumers,…
Migration is part of a complex chess game in construction, housing
Juwai IQI’s Group Managing Director, Daniel Ho, pointed to the observation of Infrastructure Australia, which says the demand for builders is 48 per cent higher than supply. “Australia needs more training programs to develop workers locally and it needs more migrants to fill the gaps,” Mr Ho told Australian Property Investor Magazine. “When it comes to the…
own homes
Lily Chong Column: How to help our next generation own their homes
Any support and assistance from our Government is always a bonus. We Australians are very blessed to have a government that is innovative and always finding solutions to help the people it serves – especially for our younger generation and first homebuyers. Despite all good intentions however, I think it is crucial to select the…
commercial-investment
Departing Hong Kong property investors haunted by same dilemma of 1997, where will the best real estate returns be found?
In Hong Kong, although average home prices have only increased 140 per cent since 1997, the headline figure conceals some interesting facts. Average prices were already very high relative to other places, and the city was on the receiving end of a double-whammy from the Asian financial crisis in 1998 and the outbreak of SARS…