Lily Chong, the Perth-based Australian head of Chinese property portal Juwai IQI, said overseas buyers had started looking past the COVID-19 pandemic and were planning for when travel restrictions eased.
Chinese buyers are being lured back to the Australian property market by generous government rebates of up to $50,000 on a new home. …
Lily Chong from IQI WA shares her insight into the National Rental Affordability Scheme (NRAS) and why this is so attractive to rentals.
Recent statistic from the Real Estate Institute of WA indicated Perth vacancy rate has plummeted to 2.2% low, which is below the 3% rate in Sydney where there is a recognised “housing shortage”.
Affordable…
These are some of the headlines that we have been reading in our news for quite some time now. From the New Daily: “Why Perth’s Housing market is stuck in the doldrums.” And from the ABC: “Perth’s housing market is still lagging behind.”
Some say the Western Australia property market is stagnant due to the…
Lily Chong, the director of IQI Australia, has put together a portfolio of investment properties spanning Australia, Malaysia and Hong Kong in less than 10 years.
After spending five years studying in Perth, she then moved to Hong Kong to work for one of the world's richest men. After a very successful stint as an…
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.…