Western Australia’s property market is holding its own, seemingly unperturbed by the COVID-19 pandemic gripping the country.
Amid the unprecedented impacts of coronavirus, Perth agents say it’s yet to impact the local housing market, with an influx of sales including a Dalkeith mansion that sold for $14 million last week.
Director of IQI Australia Lily…
Lily Chong, Director of IQI Australia’s Perth-based real estate agency, which has strong international market connections, said a combination of migration, education, holidays and investment would have major implications for the property sector.
“Look for a tightening of rental availabilities in suburbs most attractive to students and foreign expats and growing transaction volumes for new…
Juwai IQI completed 31,000 real estate transactions in 2021, which is a 41% increase from the 22,000 transactions they made in 2020!
And all of these property transactions were made possible despite the numerous lockdowns Malaysia was under in the previous year.
Group CEO Kashif Ansari disclosed that many countries and regions covered by Juwai…
Based in Perth, Western Australia, Lily Chong and Derek Tse are a couple running IQI WA. Lily is the director and licensee of IQI WA while Derek is the business development manager. We caught up with them to find out more about how they sell Australian properties to cross-border buyers especially those from China.
Derek…
Guess what is the hottest topic in town lately? No doubt, it is the Covid-19 outbreak and the toilet paper madness.
And up to today, all of us still uncertain what is the true motivation behind this stocking up “toilet paper” phenomenon but whoever has started the madness is certainly a powerful influencer, especially…
Positive potential for investors
An analysis by real estate technology group Juwai IQI also indicated growth in Penang’s property market in 2022.
“With the support of government initiatives and positive economic trends, the property market will recover along with the economy. Luxury condo prices in Penang are lower than in competitor cities Bangkok and Jakarta.…
Kuala Lumpur (10 January 2022) — The 5G technology that many Malaysians carry around with them in their iPhones is also crucial to the future success of Malaysia’s ports – and thus its entire trade-driven economy. Whether or not Malaysia’s ports succeed in this decade will also have a significant impact on the nation’s industrial…
The fifth-generation (5G) network is vital for the success of Malaysian ports operations as it enables port operators to track ships and to make accurate predictions about arrival times, reducing the disruptions from potential delays.
“5G can enable many improvements within Malaysia’s ports. On a 4G network, a terminal can monitor about 100,000 sensors and Internet…
The local property market will begin to recover in the first half of this year, with increased buying interest in both the primary and secondary markets, according to Juwai IQI head of Bumiputera segment, Muhazrol Muhamad.
Muhazrol said increasing transactions would eventually lead to upward price pressure, particularly in the most popular market segments.
According…
Back in November, Facebook rebranded itself as Meta. This decision has propelled a tsunami of money to flow into the metaverse as investors snap up virtual real estate — hoping its value will soar.
Within days, metaverse property developer Republic Realm handed over MYR18.2 million (US$4.3 million) to a seller of digital land in…