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IQI Hong Kong provides comprehensive real estate services and makes your real estate process easy with our professional team

IQI Hong Kong

Hong Kong is a premier global real estate market, known for its high demand and lucrative investment opportunities. The city's Central District is a key location for luxury residential properties and commercial office spaces, while Kowloon and the New Territories offer emerging opportunities for development and growth. With its status as a global financial hub, limited land supply, and strong rental yields, Hong Kong remains a top destination for investors seeking high returns in both residential and commercial real estate sectors.

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With offices in 30+ countries and 50,000+ real estate negotiators and growing, we have a unique perspective into international best practices in real estate, allowing our team to become global real estate entrepreneurs through cross border property investment and transactions.

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Keep track of your earnings, leads and retrieve sales and project information, all in one app. The IQI Atlas app - created by the IQI team, exclusively for our IQI property consultants.

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Hear from our happy buyers

  • Kelvin Liew

    Buyer

    I'm incredibly grateful to Venus for her exceptional help in renting out my unit. Her dedication and expertise made the process smooth and efficient, securing tenants in less than a month. Looking forward to working with you again next year.

  • Jaya Prabu

    Buyer

    Venus was fantastic in explaining all the details of the house that met our requirements. She patiently answered all my questions and addressed any potential risks associated with the property. Venus was incredibly accommodating with scheduling viewings, even arranging two viewings on the same day. I'm grateful to have worked with her on this successful purchase. Thank you so much.

  • Anonymous

    Buyer

    I had a fantastic renting experience with ABBY as my agent. He provided professional service, presented ideal property options, and guided me through the rental process seamlessly. ABB's responsibility and prompt assistance made the experience delightful. I highly recommend him and extend my thanks for his outstanding service

  • Farah Liyana

    Buyer

    Working with Joyce Tiong was exceptional. Her prompt responsiveness, valuable guidance, and proactive approach ensured a smooth rental experience. Joyce's outstanding service made my search for a property along Jalan Ampang hassle-free and enjoyable.

  • Anonymous

    Buyer

    真的很感谢venus在一天之内就介绍屋子给我, 解决了我紧急租屋子的问题。接下来不到两个星期又帮我解决了买屋子的问题。感恩有你这个贵人, 以后有亲朋戚友要买卖房地产, 我一定会介绍给iqi venus wan.

  • 吴楠

    Buyer

    尊敬的先生/女士: 你好! 我叫吴楠。10月份, 在贵司员工Sally Han (REN 08595) 和Andre Lim的帮助下, 我们租到了很满意的房子。他们俩很善良并且有耐心, 工作态度认真严谨, 热情积极地为我们提供服务和帮助, 让我们这些来自中国的留学生很感动。他们的实际行动体现了贵司员工的优良职业操守, 我们对此表示真挚的感谢! 祝 贵司客源滚滚 生意昌隆!

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Reformed MM2H Programme Drives Nearly RM1 Billion Annual Investments | IQI Global   Reformed MM2H Programme Drives Nearly RM1 Billion Annual Investments | IQI Global  

The Malaysia My Second Home (MM2H) visa program has proven to be a major economic driver, generating nearly RM1 billion annually in investments. According to IQI’s co-founder and Group CEO, Kashif Ansari, recent official statistics show that the updated MM2H visa, introduced in June 2024, has already contributed RM455.8 million in new investments and approved 782 new visa applications. "At the current pace, that would work out to nearly RM1 billion per annum," he shared in a statement on Wednesday.  He further explained that the RM455.8 million in investments made by MM2H visa holders over the past six months is being utilized primarily in two key areas.  "First, the money circulates through the economy through fixed deposits in local financial institutions, funding loans and development. "MM2H also channels new investment into real estate purchases, usually for luxury homes for the visa recipient and their family," explained Kashif. The investments are significantly aiding the construction of new homes and driving substantial spending on home furnishings and fittings. Additionally, Kashif pointed out that each main visa holder typically brings in 1.5 dependents on average.  In the last six months alone, 319 principal applicants and 463 dependents received MM2H visas. While Chinese nationals continue to be the largest group of MM2H applicants, they represented less than a third of all new visa approvals in 2024.  The second-largest group of applicants for the MM2H program in 2024 came from Australia. The other top nations for MM2H applicants, after China and Australia, are South Korea, Japan, Bangladesh, and the United Kingdom." IQI’s co-founder and Group CEO, Kashif AnsariIn 2024, the Malaysian government implemented significant changes to the Malaysia My Second Home (MM2H) program. The new reforms introduced a three-tiered structure, offering longer residency options for visa holders who made a larger financial investment. One notable change was the requirement for MM2H participants to purchase and retain a home in Malaysia for a minimum of 10 years. Additionally, the government reduced the age requirement and eliminated the minimum income threshold, aiming to attract younger, working-age applicants to the program. Juwai IQI was featured in New Straits Times.Juwai IQI is the world-renowned property company that provides insights on property, locally and globallyClick below to get more expert property insights from our blog!MORE INSIGHTS

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A Complete Guide to Property Taxes in Malaysia for Homeowners A Complete Guide to Property Taxes in Malaysia for Homeowners

Owning or purchasing property in Malaysia comes with more than just the excitement of a new home or investment.  It brings along a variety of financial responsibilities, including property taxes that can sometimes catch you off guard.  Whether you're a first-time homebuyer, an investor, or a long-term homeowner, it's essential to understand these taxes to avoid property unexpected costs and legal issues.  Below is a breakdown of key property-related taxes in Malaysia. Navigating Property Taxes in Malaysia:1. Cukai Taksiran (Assessment Tax)  2. Cukai Pintu (Door Tax)  3. Cukai Tanah (Quit Rent)  4. Real Property Gains Tax (RPGT)  5. Rental Income Tax  Frequently Asked Questions (FAQs)1. Cukai Taksiran (Assessment Tax) Cukai Taksiran (Assessment Tax) is a local tax charged on property owners based on the annual value (AV) of the property.  This means if your property could be rented out for a certain amount, you'll pay tax based on that. The good news? The money is used to goes toward keeping the neighborhood in shape like maintaining roads, street lights, and waste management.Here’s the information turned into a table:CategoryDetailsWho Pays?Property owners are responsible for paying this tax.When is it Paid?It is paid in two installments: - First half (January to June)- Second half (July to December)How Much is it?The tax is calculated based on the annual value (AV) of the property.Example CalculationFor a property with an annual value of RM 24,000 and a tax rate of 6%: - Assessment Tax = RM 24,000 x 6% = RM 1,4402. Cukai Pintu (Door Tax) This one’s a bit quirky. It's called “Door Tax” because it’s originally based on how many doors your property has! It’s actually a local tax paid to your city council to fund things like public services, road repairs, and garbage collection. So, every time you see a clean street or a repaired road, remember this tax helps make it happen.Here’s the information in table format:CategoryDetailsWho Pays?Property owners must pay this tax.When is it Paid?It is usually paid annually, with local authorities sending bills and payment deadlines.How Much is it?Cukai Pintu is calculated as: Cukai Pintu = Annual Value (AV) x Tax RateExample CalculationFor a residential property with an annual value of RM 12,000 and a tax rate of 6%: Cukai Pintu = RM 12,000 x 6% = RM 7203. Cukai Tanah (Quit Rent) Cukai Tanah, or Quit Rent is a tax imposed by the state government on landowners in Malaysia.It goes straight to the state and helps fund things like schools, hospitals, and other community projects. The amount depends on the size and location of your land, so it’s a small price to pay to keep your area well-developed.Here’s the information in table format:CategoryDetailsWho Pays?The landowner is responsible for paying this tax.When is it Paid?Cukai Tanah is typically paid annually, depending on the state managing the land.How Much is it?It is calculated based on the size of the land and the tax rate set by the state authority.Example CalculationFor 1 hectare (10,000 square meters) of residential land in Selangor with a rate of RM 10 per 1,000 square meters: Cukai Tanah = (10,000 ÷ 1,000) x RM 10 = RM 100 for the year4. Real Property Gains Tax (RPGT) Want to sell a property for a profit? You’ll owe a tax on that gain. Real Property Gains Tax (RPGT) is a tax on the profit you make when selling property or shares in property companies. It’s designed to prevent people from flipping properties just to make a quick buck. So, if you’re planning to sell, keep this in mind. It's one of the government's ways of making the Malaysian property market more stable.Here’s the information turned into a table:CategoryDetailsWho Pays?Property sellers must pay this tax on any profits from selling property or shares.When is it Paid?RPGT is paid within 60 days of the property sale or transfer.How Much is it?Malaysian Citizens and PRs: - 1st to 3rd year: 30% - 4th year: 20% - 5th year: 15% - 6th year onwards: 0% Non-Citizens and Foreigners: - 1st to 5th year: 30% - 6th year onwards: 10%Example CalculationFor a Malaysian resident selling a property after 4 years: - Sale Price: RM 600,000 - Purchase Price: RM 500,000 - Capital Gain: RM 100,000 - RPGT = 5% of RM 100,000 = RM 5,000 For a non-resident selling a property after 6 years: - Sale Price: RM 1,200,000 - Purchase Price: RM 900,000 - Capital Gain: RM 300,000 - RPGT = 30% of RM 300,000 = RM 90,0005. Rental Income Tax Rental income tax is imposed on the income earned from renting out properties. It’s added to your overall income and taxed like any other earnings. So, whether you’re renting out a room or a whole building, be sure to report that income when filing your taxes.Here’s the information turned into a table:CategoryDetailsWho Pays?Property owners earning rental income must pay this tax.When is it Paid?Rental income tax is paid annually as part of the income tax return.How Much is it?It is taxed based on personal income tax brackets (0%-30%) depending on total taxable income.Example CalculationFor a Malaysian resident earning RM 40,000 in rental income with RM 5,000 in allowable deductions: - Net Rental Income = RM 40,000 – RM 5,000 = RM 35,000 Tax Calculation: - First RM 5,000: 0% - Next RM 15,000: 1% = RM 150 - Remaining RM 15,000: 3% = RM 450- Total Tax Payable = RM 600 For a non-resident earning RM 50,000 in rental income: - Tax Payable = 30% of RM 50,000 = RM 15,000 For a company earning RM 100,000 in rental income with RM 20,000 in allowable deductions: - Net Rental Income = RM 100,000 – RM 20,000 = RM 80,000 - Tax Payable = 24% of RM 80,000 = RM 19,200This table organizes the details and examples clearly.Understanding property taxes in Malaysia is crucial for homebuyers, property owners, and investors.  Knowing your tax obligations will help you manage your property finances effectively and avoid unexpected costs.  For more detailed tax guidance, consult a professional in the property tax sector. Frequently Asked Questions (FAQs)1. Why is it important to understand property taxes in Malaysia?  Understanding property taxes helps homeowners and investors manage finances, avoid surprises, and stay compliant with the law. 2. What should first-time homebuyers know about property ownership in Malaysia?  First-time homebuyers should be aware of various taxes like Cukai Taksiran and Cukai Tanah and know when and how they are calculated.3. How can property investors benefit from knowing property taxes?  Knowing property taxes helps investors plan better, budget effectively, and stay compliant to avoid unexpected liabilities. 4. What are the common mistakes homeowners make regarding property taxes?  Homeowners often underestimate tax costs or miss payment deadlines, leading to financial strain or penalties. 5. Can property taxes affect the profitability of property investments in Malaysia? Yes, property taxes can reduce profitability if not properly accounted for when making investment decisions.6. How can I ensure I'm paying the correct amount of property tax? To ensure accurate tax payments, stay informed about tax rates, keep good records, and consult a tax professional when needed. Continue Reading: Do I Need to Pay Tax on Rental Income? A Property Owner’s Guide2. Cukai Taksiran: A Guide to Understanding Your Tax Obligations3. An Insight into Real Property Gains Tax (RPGT) in Malaysia: 2025 Updates  

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Johor Property Market is on Fire! Join as Real Estate Agent Now! Johor Property Market is on Fire! Join as Real Estate Agent Now!

Are you feeling stuck in a dead-end job, watching others get ahead? The Johor real estate market is exploding, with prices soaring and opportunities everywhere.But maybe you're feeling overwhelmed and unsure how to begin a career as a property agent.Let us assure you that now is the time to join the top Real Estate company, guide you on why, and show you exactly how.Why Join as a Real Estate Agent in Johor?1. Why is Now the Perfect Time to Join as a Real Estate Agent in Johor?2. How Much Can a Real Estate Agent in Johor Real Estate Boom  Really  Earn?3. Why Choose IQI as Your Next Agency to Boost Your Johor Real Estate Career?4. Difference Between Traditional Agencies and IQI5. Your First Step to Get into Johor’s Real Estate Boom as an IQI Agent6. Looking Beyond 2025: Your Future as a Top Agent in Johor, Powered by IQI7. Frequently Asked Questions (FAQs) about Johor's Real Estate Market and Joining IQI1. Why is Now the Perfect Time to Join as a Real Estate Agent in Johor?Forget the idea of a stuffy, 9-to-5 desk job. Johor's property market isn't just growing but exploding, which means incredible opportunities for you as a real estate agent, negotiator, or consultant.Forgot old mindset. This means that being a real estate agent isn't just about selling houses anymore; it's about becoming a key player in one of Malaysia's most dynamic economic transformations.But don’t take my word alone, see some factors that explain why below:a. The Rapid Transit System (RTS) LinkBe Where the Action IsSource: MRT CorpScheduled for completion by 2026, the game-changing RTS Link will drastically reduce Johor-Singapore travel to five minutes, attracting Malaysians working in Singapore, Singaporeans seeking affordable living, and international businesses requiring housing and commercial spaces.This surge in demand, particularly for properties along the RTS corridor, as evidenced by nearby condo prices jumping nearly 30% in early 2024, positions real estate agents and negotiators at the center of an unprecedented market to connect clients with ideal properties.b. Johor-Singapore Special Economic Zone (JS-SEZ)Ride the Wave of the JS-SEZSource: Property GenieMultiple news sources have reported that the Johor-Singapore Special Economic Zone (JS-SEZ) attracts significant foreign investment in diverse, high-tech sectors such as medicine, aviation, and the digital economy.This influx of businesses promises a continually climbing demand for all property types, from luxury condos to affordable housing and commercial spaces. This translates into abundant opportunities and increased income potential for future you, as a real estate agent.c. Foreign Investment InfluxTap into the Foreign Investment SurgeAttracted by favorable exchange rates, lower property prices than Singapore, and incentives like multiple-entry visas in the Forest City Special Financial Zone, Singaporean and international investors increasingly acquire properties in Johor, drawn by the lifestyle and strong potential value.As a multilingual and culturally aware property agent, you can capitalize on this demand by becoming a trusted advisor, guiding buyers and securing significant commissions in this lucrative market.d. Data CenterThe Boom that Benefits YouFueled by the rapid expansion of cloud and AI services, Johor is quickly becoming Southeast Asia's fastest-growing data center hub, boasting over 1,600 MW in planned and operational capacity.This specialized development creates diverse opportunities within the real estate sector for roles ranging from negotiators to appraisers, catering to the unique needs of this burgeoning industry.e. High Demand, High CommissionBe Your Own Boss, Set Your Own IncomeAs a property consultant, property agent and real estate negotiator, the sky's the limit. Your income is directly tied to your effort, skill, and dedication.The earning potential is genuinely exciting in a booming market like Johor. With the right and adequate training and a trustworthy real estate company, you could achieve active and passive income, rewards along the way.2. How Much Can a Real Estate Agent in Johor Real Estate Boom Really Earn?Let's talk numbers. While individual earnings vary based on experience, effort, and the company you work for, successful real estate agents and property agents, especially REN's in Johor, are currently capitalizing on a high-commission environment.Typical Commission Structure:Sales: Generally, the commission for property sales in Malaysia ranges from 2% to 3% of the property's selling price. With property values in prime locations increasing, even a standard commission on sales translates to substantial property transactions and rental amounts.Rental: for a Rental property, the commission is usually paid once by the owners.3. Why Choose IQI as Your Next Agency to Boost Your Johor Real Estate Career?With all the evidence supporting joining this wave, and no longer be afraid of the Fear of Missing Out, joining IQI Malaysia is the smartest first step you should choose:IQI, a Juwai IQI member, has a presence in over 30 countries, trusted by 50,000+ real estate agents and is recognized by organizations like the Malaysian Institute of Estate Agents (MIEA) and StarProperty.The numbers are clear, we’re the No.1 and top agency. The most recognized and largest agency that many investors and organizations back, the proof of work. With our vast network and resources, we present unparalleled advantages:Fast Commission Payout: IQI guarantees full commission payout within five days of closing a deal (for qualified projects). No more waiting months to get paid!Extensive Project Access: IQI partners with trusted developers and offers access to over 400 projects across Malaysia, including high-demand developments in Johor, which provide high options and potential.Unmatched Training and Support: IQI provides comprehensive, continuous training, both online and offline, which enables you with skills to compete even with 20 years of experience agents!Cutting-Edge Technology: IQI's Atlas SuperApp, a super helpful tool raved by our real estate agents, is one of our advantages. The technology empowers agents to streamline their sales process, manage leads, track earnings, and access all necessary information.Rewarding Career, Enjoyable Journey: Get awards and travel around as reward incentives that make work less mundane. The mindset “we enjoy life,” which empowers all levels of the workforce inside IQI Malaysia, enables a strong working ecosystem that will only help develop a more substantial career.4. Difference Between Traditional Agencies and IQIFactorTraditional AgenciesIQIPayment ScheduleCan be delayed, tied to project progress5-day full commission payout guaranteed*Project AccessLimitedAccess to 400+ projects across MalaysiaSupport and TrainingVariableComprehensive, ongoing trainingTechnologyBasic toolsAdvanced SuperApp (Atlas)Rewards & IncentivesBasicHigh Tier rewards including iPhones, luxury travel etc.*Applicable for qualified projects. Conditions apply.Imagine closing a deal on a property worth RM800,000.A 3% commission translates to RM24,000. Multiple deals, such properties a month put high-performing agent or negotiators squarely into top-earner territory, but even just two deals are going to create your RM48.000 income in a single month.And with the rental also high in demand, real estate agent or negotiator able to get 1 month equivalent amount per contract sealed!5. Your First Step to Get into Johor’s Real Estate Boom as an IQI AgentIf you see yourself thriving and learning new opportunities, now is the perfect moment:Visit the IQI website: Go to iqiglobal.com (or go to step 2 and click "Be an Agent").Register and Apply: Click "Be an Agent," then "Register Now," and complete the application.Pay and receive kit, join Trainings and Exam: Pay a one-time fee that includes T-shirts and online Trainings, pass it to get your dream.Attend and obtain Certificate: Join mandatory NCC course.Get Tag: Obtain a REN tag (if you want to be a negotiator).6. Looking Beyond 2025: Your Future as a Top Agent in Johor, Powered by IQIThe projects currently underway – the RTS Link, the JS-SEZ, the influx of data centers, and the continuous wave of foreign investment – are not just temporary boosts.They're laying the foundation for sustained, long-term growth in Johor's property market. And that means sustained, long-term opportunity for you as a real estate agent, mainly when the strength of IQI backs you.Think about it:a. Continued DemandAs Johor transforms into a significant economic hub, the demand for properties of all types will only continue to rise. This translates to a constant stream of potential clients and transactions, especially for well-connected and well-trained agents.IQI offers comprehensive coverage across most property types, so you can explore any branch of expertise or market segment that suits your goals.b. Rising Property ValuesJohor's ongoing development and increasing desirability mean property values are poised to appreciate further. Higher property values equal higher commissions, putting you in a position to achieve significant financial success.Choosing IQI as your real estate company would significantly affect how efficiently and quickly it can be achieved.c. Expanding Network, Expanding OpportunitiesAs Johor attracts more international residents and businesses, your network as an IQI agent will grow exponentially. This means access to a diverse clientele, a wider range of properties, and more opportunities to close high-value deals.With established offices across 30+ countries, joining as IQI property agents would elevate your influence across many regions and other clients, enabling higher rates of return from deals.d. IQI: Your Partner in Long-Term SuccessIQI isn't just about riding the current wave but building sustainable careers for our agents. We provide the ongoing training, cutting-edge technology (like the Atlas SuperApp), and unparalleled support network you need to survive in a booming market and thrive in it for years to come.With consistent upgrades in skills, tools, awards, and support, joining with IQI would put any concern about the future to rest.In short, the future of Johor's real estate market isn't just bright but dazzling.By joining IQI, you're not just becoming a real estate agent but a key player in that future, with the tools, training, support, and network to achieve your definition of success.Don't just watch the boom happen—be a part of it. The careers of the top property agents in the fastest-growing companies and markets will create results that are above and beyond.7. Frequently Asked Questions (FAQs) about Johor's Real Estate Market and Joining IQIWhat makes Johor's property market so attractive for real estate agents right now? Johor is experiencing a significant boom due to factors like the Rapid Transit System (RTS) Link to Singapore, the Johor-Singapore Special Economic Zone (JS-SEZ), increasing foreign investment, and a growing data center industry. This creates high demand for properties and, consequently, high earning potential for agents. This mean you get more high quality and high value properties client.How does IQI help new agents succeed in Johor's competitive market? IQI provides comprehensive training (both online and offline), cutting-edge technology (the Atlas SuperApp), access to a vast network of projects (over 400 across Malaysia), and a supportive team environment. We equip our agents with everything they need to thrive, even in a fast-paced market. And with our proven track record, you are able to close sales quickly!What is the "Atlas SuperApp," and how does it benefit IQI agents? The IQI Atlas SuperApp is a proprietary, all-in-one platform designed to streamline an agent's workflow. It allows you to manage leads, track earnings, access project information, marketing materials, and communicate with your team – all from your phone. It's like having your entire office in your pocket, saving you valuable time and maximizing your efficiency, where our agents claims they saved more than 7 hours a week!What kind of commission structure does IQI offer? IQI is known for its competitive and rewarding commission structure. Agents are well-compensated for their hard work, which you are able to earn a huge take home, thanks to company policies for our high achiever. Specific details can be discussed with an IQI team leader, but our focus is on empowering agents to maximize their earnings and reach our goal, to get our agents reach their six figure salary as quick as they want.Does IQI provide ongoing training and development for its agents? Absolutely! IQI believes in continuous learning. We offer regular training sessions, workshops, and mentorship opportunities to help our agents stay up-to-date on market trends, refine their skills, and achieve their full potential. Our education team consistently working on creating new syllabus and updating market changes.I'm not from Johor. Can IQI help me relocate and get established in the market? Yes! IQI has a strong presence across Malaysia and globally, including a well-established network in Johor. We can provide support and guidance with relocation, licensing, and understanding the local market dynamics. Don't worry and think twice, as IQI also rewards greatly.I'm ready to take the next step. How do I join IQI? You have come to the right place and your best decisions, simply visit https://www.iqiglobal.com/join-iqi and click "Register Now", and fill out the registration form. A team member will be in touch to guide you through the process. We're excited to welcome you to the team!Join IQI and become part of the family now! Fill in the form below and let the IQI mindset's "We Enjoy Life" vibe flow through your real estate journey![hubspot portal="5699703" id="c063034a-f66d-41ab-881b-6e6a3f275c33" type="form"]Continue Reading:Why You Should Consider Investing in Singapore Real Estate.Insights into the Average Malaysian Salary Trends of 2025.Cryptocurrency? Why Real Estate is the Best Investment Option!

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Despite Deepseek Shock, Malaysia Data Centre Demand Could Grow Despite Deepseek Shock, Malaysia Data Centre Demand Could Grow

Written by Dave Platter, Global PR DirectorFears about DeepSeek’s impact on Malaysia’s data centre market are turning into excitement, according to analysis from Juwai IQI Co-Founder and Group CEO, Kashif Ansari. His insights were featured in more than a dozen media outlets this month in Malaysia and China. “DeepSeek shocked the world with a large language model that seems comparable to those offered by competitors like OpenAI, but at a fraction of the cost,” said Mr. Ansari.“Cheaper AI models like DeepSeek's will most likely drive demand for data centres in Malaysia even higher. That’s because cheaper AI will enable the widespread use of AI-powered tools that, until now, have been too expensive to be widely adopted."According to Mr. Ansari, large language models need to become more affordable before AI can be widely used. That’s one reason the world’s largest AI companies have, until now, earned very little revenue to offset their enormous expenses.Mr. Ansari said, “DeepSeek seems to have made massive progress in affordability. It charges just one-fifteenth of what its more established competitor, Anthropic, charges for tokens.“You can put it this way: when it costs less to get an AI model to do something, people will start asking AI to do more and more tasks. That growth will create unprecedented demand for data centres, including in Malaysia. “For the real estate industry here in Malaysia, this meansthat demand for land suitable for data centres will remain strong — and could possibly grow."Mr. Ansari pointed out that Malaysia stands to benefit significantly from the advancements DeepSeek appears to be bringing about.“Until this month, we all thought Malaysia would need billions of dollars to build its own language model,” he said. “But now it looks like Malaysia could afford to create its own language models and deploy AI into research, education, and the broader economy."“Malaysian consumers will also benefit because cheap AI will be integrated into the tools and services they rely on every day. For AI to truly transform the daily lives of the rakyat, it needs to be affordable and accessible to all." He added, “We weren’t able to put a mobile phone into everyone’s hands until they became inexpensive enough, and we won’t be able to provide people with the benefits of AI-powered tools and services unless they are just as affordable. After the DeepSeek earthquake, it is suddenly possible to imagine AI powering more and more of the services we use daily. AI has the potential to impact our lives as profoundly as electricity once did”.Click for more info!

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