A report done by Juwai IQI shows despite the pandemic, it did not restrict the enthusiasm for properties among Asian buyers. <\/p>\n
Georg Chmiel, Group Executive Chairman of Juwai IQI<\/strong>, shares the insights of the report with BFM. <\/p>\n “As a matter of fact, the demand for properties remains strong. This is because most property deals are done online with virtual tours, e-signatures, etc.<\/p>\n A few countries, Malaysia and Canada, moved up in the list and received more exposure to international buyers in the course of last year. Meanwhile, countries best known as safe-havens like New Zealand and Singapore suffered due to restrictions now made back into the list.<\/p>\n One of the biggest reasons for their transaction is for investment. Migration, lifestyle, and retirement are other factors for these purchases. There is a strong demand for regional properties, both domestic and cross-border. Due to Covid-19, people are moving out of the cities because their work can be done remotely.”<\/p>\n Listen to the full interview here:<\/strong><\/p>\n