Is the global economy in for a reset?

COVID-19 has created a financial bazooka for the global economy. Markets are going through an interplay between epidemiology and economics. Governments are having to trade off between healthcare and economic care. Around 60-73 million people have lost their jobs globally. So the big question is: Is the global economy heading for reset…

15/02/20210Comments

ByAmir Asraf Lee

News & Event

Asia’s US$90T real estate market – huge opportunity for the tech sector

New data reveals that Asian residential real estate assets are in aggregate now worth approximately US$90 trillion. That means Asia is home to about 45 cents of every dollar of residential real estate value located anywhere in the world. That’s why I believe Asia is an attractive post-COVID-19 opportunity for online marketplaces and technology companies. We have…

Urgency to snare a home in Perth means sold 602k without even looking inside

Lily Chong, the Perth-based country head for IQI WA, said the Singaporean appetite for WA property was particularly strong. She said 60% of off-the-plan apartments— or 30 units —at Elements apartment tower at Carousel in Cannington had sold to Singapore-based buyers in the past five months. Foreign Buyers account for only 6 % of me apartment…

11/02/20210Comments

ByAmir Asraf Lee

Australia News & Event

Chinese investors expected to return to Australian property

After a tumultuous year in markets, cashed-up Chinese investors with nowhere to go are tipped to make a significant return to Australian real estate. While restrictions will primarily stop them travelling during the Lunar Festival, Asian real estate company Juwai IQI anticipates the holiday and pandemic will only accelerate the outflow of capital into overseas…

Cross-border real estate investment on the rise – Juwai IQI

The on-going Covid-19 pandemic has led to Chinese investors ramping up cross-border property investments as they have more money in their pockets now than they would otherwise have spent on pricey vacations. According to Juwai IQI Group co-founder and chief executive officer Kashif Ansari, Chinese cross-border buying enquiries could increase by 20 per cent to…

Big LNG boost for Malaysia

Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in gas price. The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million British thermal units (mmBtu)…

Real Estate Group welcomes Malaysian Prime Ministers Permai Package as good for the economy

Real Estate group Juwai IQI Group Co-Founder and CEO Kashif Ansari says the Malaysian real estate industry has reacted with relief and approval to the PERMAI Assistance Package announced by Prime Minister Muhyiddin Yassin. The Prime Minister announced 22 initiatives that will provide RM15 billion (US$3.7 billion) of stimulus to mitigate the effects…

PERMAI to boost consumer demand, investor confidence in Real Estate – Juwai IQI

Juwai IQI, the Asian real estate technology group, hopes the PERMAI aid package unveiled will encourage consumer demand and investor confidence in the real estate industry. Juwai IQI Group co-founder and chief executive officer Kashif Ansari said the initiative was likely to positively impact the commercial real estate market with electricity discounts, tax benefits for…

RPGT exemption sees more secondary market transactions

The waiver of the real property gains tax (RPGT) has resulted in more secondary market transactions and new demand for sub-sale property, industry data showed. Juwai IQI group co-founder and CEO Kashif Ansari said the tax exemption has helped to reduce costs which allow homeowners to upgrade their respective properties…

Real Estate Market Stays Open, Fewer In-Person Interactions

Malaysians have continued to buy and rent homes despite the rising number of Covid-19 cases, using new technologies to limit risks so that the typical buyer now has three fewer in-person interactions than one year ago, according to Juwai IQI. The real estate technology group has transacted RM61 million to RM101 million of…

15/01/20210Comments

ByAmir Asraf Lee

Is the global economy in for a reset?

Is the global economy in for a reset?

Is the global economy in for a reset?

Asia’s US$90T real estate market – huge opportunity for the tech sector

Urgency to snare a home in Perth means sold 602k without even looking inside

Chinese investors expected to return to Australian property

Cross-border real estate investment on the rise – Juwai IQI

Big LNG boost for Malaysia

Real Estate Group welcomes Malaysian Prime Ministers Permai Package as good for the economy

PERMAI to boost consumer demand, investor confidence in Real Estate – Juwai IQI

RPGT exemption sees more secondary market transactions

Real Estate Market Stays Open, Fewer In-Person Interactions

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