Latest news with #JuwaiIQI
The Sun
4 days ago
- Business
- The Sun
Asean Summit could unlock hundreds of billions in FDI, trade for Malaysia: Juwai IQI
KUALA LUMPUR: The Asean Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI. Its co-founder and group CEO Kashif Ansari said in a statement today that it is important for Asean member countries to work together as the region faces a complicated world, with global strategic rivalries, new technologies, and artificial intelligence (AI) disruptions. 'The summit could boost Malaysia's economy through regional integration, Asean unity in global trade, and foreign direct investment. Changes in these three areas could mean hundreds of billions of ringgit in additional trade and capital over the coming years. 'The Johor-Singapore Special Economic Zone (JS-SEZ) is a prime example of integration, which could contribute as much as RM110.9 billion to Malaysia's economy annually by 2030,' he said. Kashif said a tighter-knit Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027; exports could reach an all-time high of RM2.13 trillion in annual export volume by 2030. 'While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound FDI, with that money going into local innovation, infrastructure, employment, and property,' he noted. In the property sector, based on IQI's analysis, FDI inflows during this period will generate at least RM15 billion in new real estate activities, which include industrial parks, commercial centres, logistics hubs, and housing developments, said Kashif 'With RM300 billion of FDI projected by 2030, we estimate RM15 billion, or 5%, will be channelled into the real estate industry. 'We have estimated this 5% ratio between FDI and real estate based on typical patterns seen across the region. The real number could be lower, or much higher,' he said. According to Kashif, global brands have built data centres, electric vehicle facilities, and logistics hubs over the past few years. These developments create high-quality property demand in the industrial sector and have a spillover effect on housing, office, and retail. 'This Asean Summit is a platform for improving Malaysia's future. If regional leaders can agree to deepen intra-Asean trade, harmonise regulations, and reduce trade barriers, Malaysia and all our partner nations will benefit,' he added. The Asean Summit will be held at the Kuala Lumpur Convention Centre on May 26 and 27, alongside the second Asean-Gulf Cooperation Council Summit and the inaugural Asean-Gulf Cooperation Council -China Summit. – Bernama
Malay Mail
4 days ago
- Business
- Malay Mail
Asean Summit set to unlock RM300b in FDI, boosting Malaysia's economy, says Juwai IQI
KUALA LUMPUR, May 22 — The Asean Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI. Its co-founder and group chief executive officer Kashif Ansari said in a statement today that it is important for Asean member countries to work together as the region faces a complicated world, with global strategic rivalries, new technologies, and artificial intelligence (AI) disruptions. 'The summit could boost Malaysia's economy through regional integration, Asean unity in global trade, and foreign direct investment. Changes in these three areas could mean hundreds of billions of ringgit in additional trade and capital over the coming years. 'The Johor-Singapore Special Economic Zone (JS-SEZ) is a prime example of integration, which could contribute as much as RM110.9 billion to Malaysia's economy annually by 2030,' he said. Kashif said a tighter-knit Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027; exports could reach an all-time high of RM2.13 trillion in annual export volume by 2030. 'While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound FDI, with that money going into local innovation, infrastructure, employment, and property,' he noted. In the property sector, based on IQI's analysis, FDI inflows during this period will generate at least RM15 billion in new real estate activities, which include industrial parks, commercial centres, logistics hubs, and housing developments, said Kashif 'With RM300 billion of FDI projected by 2030, we estimate RM15 billion, or five per cent, will be channelled into the real estate industry. 'We have estimated this five per cent ratio between FDI and real estate based on typical patterns seen across the region. The real number could be lower, or much higher,' he said. According to Kashif, global brands have built data centres, electric vehicle facilities, and logistics hubs over the past few years. These developments create high-quality property demand in the industrial sector and have a spillover effect on housing, office, and retail. 'This Asean Summit is a platform for improving Malaysia's future. If regional leaders can agree to deepen intra-Asean trade, harmonise regulations, and reduce trade barriers, Malaysia and all our partner nations will benefit,' he added. The Asean Summit will be held at the Kuala Lumpur Convention Centre on May 26 and 27, alongside the second Asean-Gulf Cooperation Council (GCC) Summit and the inaugural Asean-GCC-China Summit. This is the fifth Asean chair for Malaysia. Its previous terms were in 1977, 1997, 2005 and 2015. — Bernama
New Straits Times
4 days ago
- Business
- New Straits Times
Asean Summit deals could add RM300bil in FDI, boost real estate
KUALA LUMPUR: The agreements forged at the upcoming Asean Summit could generate hundreds of billions of ringgit for Malaysia's economy and real estate sector by 2030, according to Juwai IQI co-founder and group chief executive officer Kashif Ansari. He said the summit brings together regional leaders to find ways to further integrate economies and promote trade and promote trade until 2030. "What's at stake is potential agreements that could help make Malaysia wealthier by 2030. It is especially important for the Asean nations to work together now, at this global turning point," he said in a statement. Ansari pointed out three key areas where Malaysia could reap substantial benefits, including regional integration, Asean unity in global trade and foreign direct investment. "The Johor-Singapore Special Economic Zone (JS-SEZ), is a prime example of integration with the government projections estimating it will contribute RM110.9 billio annually to Malaysia's economy by 2030," he said. He added that tighter integration across Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027. Meanwhile, exports alone are projected to reach a record RM2.13 trillion annually by 2030, driving job creation and higher wages across Malaysia. "While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound foreign direct investment (FDI). "The investment should exceed RM300 billion over the next five years, with that money going into local innovation, infrastructure, employment and property," he said. Ansari noted that the FDI inflows during this period will generate at least RM15 billion or five per cent in new real estate activity, including industrial parks, commercial centres, logistics hubs and housing developments. "We have estimated this five per cent ratio between FDI and real estate based on typical patterns we've seen in across the region. The real number could be lower, or much higher. "Already in the past few years, global brands are building data centres, electric vehicle facilities and logistics hubs, creating high-quality property demand in the industrial sector and also have spillover in housing, office and retail," he added.
South China Morning Post
04-05-2025
- Business
- South China Morning Post
Wealthy Chinese turn away from US real estate as Trump amps up trade war with Beijing
Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents. Advertisement In 2024, Chinese buyers' demand for homes that cost more than US$5 million moved to Thailand Australia and Canada , respectively, according to data tracked by Juwai IQI. By comparison, the US in 2023 was the top choice among Chinese buyers, according to the property portal, which has a network of over 50,000 real estate professionals across more than 30 countries. 'Geopolitical friction, protectionism and increased scrutiny of property deals have discouraged some buyers,' Juwai IQI co-founder and group chief executive Kashif Ansari said. 'Chinese investment in US homes has dropped more than 50 per cent from its peak in 2017,' he said. 'Buyers are looking for friendlier alternatives.' Advertisement
Sydney Morning Herald
22-04-2025
- Business
- Sydney Morning Herald
Why more wealthy Chinese property buyers are looking to Australia
Deep-pocketed Chinese property buyers are more likely to search for homes in Australia compared to the rest of the world than they were a year ago. Australia was the second-highest destination for buyer enquiries on the Chinese-language listings website Juwai IQI among homes priced at $US5 million plus ($A7.78 million) in 2024. That's a rise from the fourth highest during 2023. Over the same period the US fell from the top-ranked destination to the seventh, while Thailand took over the top spot during 2024. Juwai IQI co-founder and group chief executive Kashif Ansari said Australia had risen in the rankings as wealthy Chinese buyers favoured stability and sought-after schools, as well as advantageous currency movements. 'The move reflects long-term realities like strong schools, political calm, lifestyle appeal, and a soft Australian dollar. The Australian dollar fell more than five per cent against the yuan in the first half of the year, so buyers got more value for their money,' he said in a statement. 'Chinese buyers want schools, sun, and stability, and the lucky country delivers all three.' He said that based on a survey of most buyers who make an enquiry on the site, 94 per cent were looking for homes they or their family would use, but only 6.5 per cent said they were buying strictly for investment.
