Press News (English) Archives

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…

27/01/2021707Views 1 minRead time

News & Event

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…

19/01/2021622Views 1 minRead time

News & Event

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…

18/01/20211KViews 1 minRead time

News & Event

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…

15/01/2021362Views 1 minRead time

News & Event

IQI India to amass industrial and retail property, to speculate Rs 100 crore

Malaysia-headquartered IQI, a property company and advisory agency, has launched operations in India with plans to speculate Rs 100 crore to amass grade A industrial and retail property within the nation, a senior official stated. Besides facilitating actual property transactions, the corporate is seeking to purchase contemporary land to assemble residential and industrial initiatives. “We have already…

15/01/2021291Views 1 minRead time

Market Insights News & Event

Chinese buyers ready to purchase Thai properties despite challenges

Despite a new wave of Covid-19 cases in Thailand, Chinese buyers are prepared to purchase Thai properties in the second half of 2021, driven by the expectation of distributing vaccines and reopening inbound tourism. Kashif Ansari, co-founder and chief executive of Juwai IQI Group, said Thailand remained the top destination in terms of interest among…

13/01/2021816Views 1 minRead time

News & Event

Covid-19 and economic cost: Global summit needed to draw up policy response

The pandemic has created colossal economic impact on various economies globally while policy response has come under increased scrutiny. Some countries have done fairly well to control the virus like China, New Zealand, Malaysia and Denmark. Others like the UK, India, France, the US, and Australia have done quite badly in handling the virus. The main factor…

12/01/2021339Views 1 minRead time

News & Event

Use technology for property deals and rentals during MCO and post-MCO, says Juwai IQI

Malaysia will tighten COVID-19 restrictions effective this Wednesday in a renewed effort to combat the country's rising cases. Juwai IQI Group co-founder and chief executive officer Kashif Ansari said, however, that property deals or rental of properties can still be made during the MCO and (post-MCO). For property purchase, buyers can handle contracts, request a loan,…

12/01/2021919Views 1 minRead time

News & Event

Juwai IQI’s transactions volumes double in 2020, more to come in 2021

Juwai IQI has reportedly seen its 2019 transaction volumes double in 2020 with 9,000 sales and 8,000 rental operations completing in the pandemic-hit year. The company, which markets properties around the world to a largely Chinese buyer pool, also achieved 75% growth in the value of property transacted in the last 12 months…

08/01/2021499Views 1 minRead time

News & Event

Malaysian government’s right move to terminate High-Speed Rail project

The government's decision to terminate the Kuala Lumpur-Singapore High-Speed Rail (HSR) project is the right move as the country is currently facing health and economic crises. Putra Business School associate professor Dr Ahmed Razman Abdul Latiff said this was although the government was facing the possibility of paying RM300 million in compensation to Singapore. He…

04/01/2021512Views 1 minRead time

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

IQI India to amass industrial and retail property, to speculate Rs 100 crore

Chinese buyers ready to purchase Thai properties despite challenges

Covid-19 and economic cost: Global summit needed to draw up policy response

Use technology for property deals and rentals during MCO and post-MCO, says Juwai IQI

Juwai IQI’s transactions volumes double in 2020, more to come in 2021

Malaysian government’s right move to terminate High-Speed Rail project

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