Group VP ∙ IQI WA

Lily Chong

Lily Chong profile picture

About Lily Chong

Leveraging market knowledge and negotiation skills to deliver exceptional results. Your real estate success is my priority. Ready to make your real estate dreams a reality? Let's chat. Your dream home awaits.

7 years at IQI

65 transactions

17 properties on sale

Lily Chong's Service Locations

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My Listings

Brand New and Ready to Move In! photo

Brand New and Ready to Move In!

416/14 Leila Street, Cannington, Western Australia 6107, Australia

3
2
2146
96 m²
149 m²

$ 971,402

Listed on January 13, 2026

Secure CBD Investment with Established Tenancy & Prime Location photo

Secure CBD Investment with Established Tenancy & Prime Location

602/380 Murray Street, Perth, Western Australia 6000, Australia

1
1
19
44 m²
61 m²

$ 540,760

Listed on June 18, 2025

Parkside Lifestyle Meets Modern Luxury photo

Parkside Lifestyle Meets Modern Luxury

145A Mars Street, Carlisle, Western Australia 6101, Australia

4
3
1266
242 m²
400 m²

$ 1,464,968

Listed on August 11, 2026

TITLE ISSUED – SETTLE SOON AND START BUILDING SOONER
ONLY 2 HOMES REMAIN | 50% SOLD photo

TITLE ISSUED – SETTLE SOON AND START BUILDING SOONER ONLY 2 HOMES REMAIN | 50% SOLD

2/3 Myrtle Street, Willetton, Western Australia 6155, Australia

4
3
1432
214 m²
192 m²

$ 1,474,800

Listed on August 11, 2026

TITLE ISSUED – SETTLE SOON AND MOVE CLOSER TO CONSTRUCTION
Rare Opportunity - Double Storey Home in Rossmoyne High School Zone photo

TITLE ISSUED – SETTLE SOON AND MOVE CLOSER TO CONSTRUCTION Rare Opportunity - Double Storey Home in Rossmoyne High School Zone

4/3 Myrtle Street, Willetton, Western Australia 6155, Australia

4
3
1168
229 m²
191 m²

$ 1,474,800

Listed on August 11, 2026

A Front Row Seat To Burswood's Golden Hour photo

A Front Row Seat To Burswood's Golden Hour

1906/118 Goodwood Parade, Burswood, Western Australia 6100, Australia

2
2
1104
88 m²
160 m²

$ 934,040

Listed on August 11, 2026

""" PERFECT FOR LIVING OR INVESTMENT !!! """ photo

""" PERFECT FOR LIVING OR INVESTMENT !!! """

9/63 Third Avenue

3
1
3131
238 m²

$ 588,937

Listed on May 5, 2026

A Peaceful Place to Grow, Gather and Call Home photo

A Peaceful Place to Grow, Gather and Call Home

8/71 River Avenue, Maddington, Western Australia 6109, Australia

3
2
480
95 m²
260 m²

$ 737,400

Listed on September 24, 2026

$610/WEEK RENTAL INCOME | 1 BED + GENEROUS STUDY + 1 BATH + 1 CARBAY photo

$610/WEEK RENTAL INCOME | 1 BED + GENEROUS STUDY + 1 BATH + 1 CARBAY

Level 2, 206/17 Pattie Street Street, Cannington, Western Australia 6107, Australia

1
1
145

$ 491,600

Listed on August 11, 2026

Two Master Suites & Contemporary Family Living photo

Two Master Suites & Contemporary Family Living

14A Anthus Corner, Waterford, Western Australia 6152, Australia

4
3
310
214 m²
195 m²

$ 1,278,160

Listed on October 4, 2026

Ready to Move in by 7 Dec 2026 photo

Ready to Move in by 7 Dec 2026

75/6 Campbell Street, West Perth, Western Australia 6005, Australia

2
1
1474
97 m²

$ 580,088

Listed on August 11, 2026

Freshly Painted & Upgraded – Spacious 3-Bedroom City Living at Royale Apartments photo

Freshly Painted & Upgraded – Spacious 3-Bedroom City Living at Royale Apartments

84/369 Hay Street, Perth, Western Australia 6000, Australia

3
2
70
99 m²

$ 835,720

Listed on October 21, 2026

Modern Living with Space, Comfort & Convenience photo

Modern Living with Space, Comfort & Convenience

120/9 Central Terrace, Beckenham, Western Australia 6107, Australia

2
2
1243
86 m²
117 m²

$ 614,500

Listed on August 11, 2026

Second Chance: Prime Northbridge Development Opportunity photo

Second Chance: Prime Northbridge Development Opportunity

8 Parker Street, Northbridge, Western Australia 6003, Australia

1254
548 m²

$ 3,539,520

Listed on August 11, 2026

Secure your Brand New Off-the-Plan Townhouse with only 5% Deposit now, and saving up to $22,151 on stamp duty* photo

Secure your Brand New Off-the-Plan Townhouse with only 5% Deposit now, and saving up to $22,151 on stamp duty*

6/30 Lanyon Street, Mandurah, Western Australia 6210, Australia

3
2
1155

$ 727,568

Listed on August 20, 2026

Northeast-Facing, Brand New, With Short Stay Potential photo

Northeast-Facing, Brand New, With Short Stay Potential

813/14 Leila Street, Cannington, Western Australia 6107, Australia

2
2
382
67 m²
98 m²

$ 784,594

Listed on October 1, 2026

A Peaceful Parkside Retreat in Perth 6000 photo

A Peaceful Parkside Retreat in Perth 6000

113/99 Palmerston Street, Perth, Western Australia 6000, Australia

2
2
1381
64 m²
100 m²

$ 736,417

Listed on August 19, 2026

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IQI blog & news

Articles specifically curated for your daily digest of local and global real estate news.

Canada Housing Market October 2026: Softer Prices and Early Signs of Stabilisation

National Market Remains Under Pressure Canada’s housing market remained subdued in August 2026, with national home prices down 3.3% year-on-year. High borrowing costs, economic uncertainty and weaker buyer demand continued to weigh on activity, although sales showed some early signs of stabilisation.  In the Greater Toronto Area, new listings fell 14.1% year-on-year, while sales declined 2.1%. The reduction in available homes is limiting buyer choice and increasing competition in selected areas. The average selling price stood at $993,410, down 2.7%, while the benchmark price declined 4.5%.  Despite weaker prices, tightening inventory and improving economic conditions could provide support for the Toronto market, with price growth potentially returning if demand strengthens in the coming months.  Vancouver Faces Ample Supply and Softer Demand Metro Vancouver also remained soft, with sales falling 4.6% year-on-year and sitting 20.7% below the 10-year seasonal average. New listings declined 3%, although overall inventory remained 26.2% above the 10-year average, giving buyers relatively broad choice.  Slower sales continued to pressure values, with the benchmark home price declining 5.6% year-on-year to $1.082 million. Detached homes and apartments experienced sharper price declines, while townhouse sales showed slightly stronger resilience.  Outlook Canada’s housing market is likely to remain selective and price-sensitive in the near term. Toronto’s tightening inventory may support gradual stabilisation, while Vancouver continues to favour buyers through higher inventory and softer pricing. A broader recovery will depend on improved affordability, stronger confidence and a sustained improvement in housing demand. The contents of this article were contributed by Yousaf Iqbal, Head of IQI Canada. Download to see insights from other country marketsDownload

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Canada Property Market 2026: Buyers Stay Cautious as Major Markets Cool

Major Markets Lose Momentum Canada’s housing market remained relatively balanced in July 2026, as buyers stayed cautious despite improved borrowing conditions. Sales and new listings slowed across major markets, while prices continued to soften in several regions. In the Greater Toronto Area, sales fell 0.9% year-on-year, while new listings dropped a much sharper 17.8%. The average selling price declined 4.5% to C$1,003,956, although reduced supply has begun increasing competition among buyers. Metro Vancouver also slowed, with home sales falling 9.8% year-on-year to 2,061 transactions. New listings declined 11.5%, while the composite benchmark price fell 6.2% year-on-year to C$1,088,800. Apartment sales recorded the largest drop, down 17.8%.  Quebec Shows a Different Pattern Quebec also experienced softer transaction activity, with total sales down 6% year-on-year in July. However, active listings increased 19%, giving buyers more choice. Price trends were more mixed. The median price for single-family homes increased 3% to C$505,000, while plex properties recorded an 8% increase to C$690,000. Condominium activity was weaker, with sales falling 16% and median prices edging down 1%. The figures highlight how Canada’s housing adjustment is increasingly varying by region and property type. Outlook Canada’s market is likely to remain balanced but selective in the near term. Toronto and Vancouver may continue facing price pressure as demand adjusts, although tighter new supply could provide some support. For buyers and investors, opportunities will increasingly depend on local inventory, property type and pricing, rather than broad national market trends. The contents of this article were contributed by Yousaf Iqbal, Head of IQI Canada. Download to see insights from other country marketsDownload

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Canada Housing Market Outlook 2026: Buyer Activity Strengthens in Toronto and Vancouver

Canada’s Housing Market Regains Momentum Canada’s housing market strengthened in June 2026 as lower borrowing costs, improving affordability and growing consumer confidence encouraged more buyers to return. The recovery was particularly visible in Toronto and Vancouver, where sales increased while the supply of newly listed homes declined. This combination points to improving demand, although market conditions remain different across provinces and property types.  Toronto and Vancouver Lead the Recovery The Greater Toronto Area recorded 6,770 home sales, representing a 9.4% year-on-year increase. At the same time, new listings fell 12.9%, while active listings declined 13.5%. Toronto’s average home price reached $1,058,658, down 3.9% year-on-year. This suggests buyers are returning to the market, but price sensitivity continues to shape purchasing decisions. Metro Vancouver also recorded renewed momentum. Residential sales rose 9.6% year-on-year to 2,390 transactions, while new listings decreased 6.0%. Demand strengthened across detached homes, townhouses and apartments. Apartments generated the highest number of sales at 1,103 transactions, with a benchmark price of $695,200. Quebec presented a more mixed picture. Total residential sales declined 4% year-on-year to 8,492, while active listings increased 18%. However, median prices remained resilient, with single-family homes rising 3% to $515,000and condominiums increasing 1% to $409,500. Outlook Canada’s housing recovery is likely to remain gradual and regionally uneven. Toronto and Vancouver may continue benefiting from stronger buyer confidence and tighter new supply. However, buyers are expected to remain selective, especially where affordability remains challenging. Markets with balanced pricing, improving financing conditions and limited inventory should be better positioned to maintain momentum through the second half of 2026. Download to see insights from other country marketsDownload

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Canada Property Market July 2026: Stability Improves as Buyer Confidence Returns

Canada Housing Market Shows Improving Stability Canada’s housing market continued to stabilise in May 2026, with buyer activity gradually strengthening across many regions. Lower borrowing costs, improving affordability and stronger homebuyer confidence supported greater market participation during the spring season. Nationally, conditions remained relatively balanced. Inventory levels continued to give buyers ample choice, while home prices generally stayed below year-ago levels. This helped keep affordability in focus and prevented competition from rising too quickly. However, tightening supply in selected markets and improving sales activity suggest that Canada’s housing market may be moving closer to equilibrium. Toronto Gains Momentum, Vancouver Remains Balanced The Greater Toronto Area showed stronger momentum in May. Home sales increased 6.3% year-on-year to 6,583 transactions, while new listings fell 18.9% compared with May 2025. Even as market conditions tightened, buyers still benefited from softer pricing. The MLS® HPI Composite benchmarkwas down 6.7% year-on-year, while the average selling price reached $1,069,700, down 4.6% from a year earlier. In Metro Vancouver, the market remained more balanced. Residential sales totalled 2,150 transactions, down 3.5% year-on-year, while new listings declined 7.6%. Inventory remained elevated, with active listings more than 34% above the region’s 10-year average. The benchmark price for all residential properties stood at $1,100,700, down 6.2% year-on-year, giving buyers more selection and keeping price growth contained. Outlook Canada’s housing market is expected to move toward steadier conditions in the coming months. If buyer demand continues to recover and supply tightens further in key cities, price declines may moderate. For buyers, the current market still offers choice and negotiating room. For sellers, improving activity is positive, but realistic pricing remains essential. Download to see insights from other country marketsDownload

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