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Compulsory Renewal of REN Tag for 2025

Dear IQI Warriors, As a Real Estate Negotiator (REN) in Malaysia, renewing your REN identification tag annually is a compulsory requirement by the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEA).  This renewal process ensures that only verified and professionally trained individuals with a valid REN number are allowed to carry out legal property transactions under a registered real estate…

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Stable Interest Rates Bring Affordable Housing to Malaysian Homebuyers

Bank Negara Malaysia's recent decision to maintain the Overnight Policy Rate (OPR) at 3.00 percent has sparked relief among homebuyers and real estate experts.  The move, aimed at stabilizing the economy, has positively impacted the Malaysian real estate market, ensuring housing remains relatively affordable. Juwai IQI, an international real estate technology group, highlighted the significance…

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