Leading Asian real estate technology company Juwai IQI announced today that AG Realty, a prominent Malaysian real estate agency, has joined its network of more than 30,000 agents across 20 countries.
AG Realty has a team of 200 and serves the project marketing, and the resale market in the commercial, industrial, and residential sectors from its five offices in Johor, Selangor Shah Alam, Penang, and Kedah. The agency has earned the Best Bumi Agensi award from Mah Sing Johor.
AG Realty’s founder, Ts. Kamal AG, has more than two decades of real estate industry experience and serves as Vice President of the Malaysian Institute of Professional Estate Agents and Consultants.
Juwai IQI Co-Founder and Group CEO Kashif Ansari said, “We are delighted to welcome AG Realty to our network because they are some of the best operators in the business. AG Realty is a respected and trusted name. We are confident that the outstanding professionals on their team will thrive under the Juwai IQI umbrella.
“The real estate market is strengthening after a strong growth year in 2022. National transaction volume climbed by 30% last year, and total transaction value rose by 24% compared to the prior year. That makes this a good time to be investing in our people, to expand our team, and to ensure the best practitioners belong to Juwai IQI.”
Juwai IQI Co-Founder and Group Managing Director Daniel Ho said, “This is a merger of like-minded teams. The professionals at AG Realty have a proven track record of excellence and professionalism. They share our vision of empowering people to become global citizens. We want to share our technology and resources with them to expand their reach and enhance their performance.
“Interest rates may still have a small impact on transaction numbers, but the aggregate value of real estate transactions hit its highest level in 12 months in March, climbing 40% from February and reaching RM18.2 billion.”
Ts. Kamal AG, the founder and principal of AG Realty, said, “Our team is making this move to benefit from Juwai IQI’s advanced technology, as well as its superior training, agent support, and market reach.
“Juwai IQI’s advanced agent super-app, Atlas, is world-leading and will help our agents be more productive. Juwai IQI’s proprietary platforms, such as Juwai.com, Juwai.asia, and iqiglobal.com/blog link agents and developers to hundreds of millions of potential buyers in more than 20 countries. Our whole team is excited to be part of this global network.”
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