IQI expands to Indonesia with opening of IQI Unreal Bali

• This is the latest in its expansion efforts which have encompassed office launches in Japan, Pakistan, and Vietnam.

KUALA LUMPUR (April 26): Global real estate agency network IQI is opening its first Indonesia office with the launch of IQI Unreal Bali.

This is the latest in its expansion efforts which have encompassed office launches in Japan, Pakistan, and Vietnam.

"The launch of IQI Unreal Bali is the latest expression of our strategy of targeting real estate markets where we can create value for local players by linking them to our global resources," said Juwai IQI co-founder and group CEO Kashif Ansari.

"Our partners in the new launch are the exceptional team at Unreal Bali, a prominent local firm known for its extensive experience and expertise in project marketing and property management,” he added.

Juwai IQI co-founder and group managing director Daniel Ho said: "We add value by leveraging our international network, global buyer databases, industry-leading technology, and best practices and training resources. We will link IQI Unreal Bali into our global network so they can receive a flow of inbound buyer enquiries. They can also deploy our tech platforms for agent productivity and property marketing.”

“At IQI and more broadly at Juwai IQI, we are working to integrate global real estate markets to better serve both domestic and the new cross-border buyers. Bali is the perfect market for us because it attracts significant foreign investment from buyers in many markets where we already operate. Prices should rise over the next five years as tourism numbers continue to climb,” added Ho.

"We are delighted to be joining the IQI network and will immediately begin operating as IQI Unreal Bali. We look forward to being part of a global network that offers us the best technology, training and resources, marketing platforms, and buyer database.

“Bali property can be an excellent investment that delivers both rental income and capital gains. It is relatively affordable, with tropical villas starting at US$98,000 and prices rising into the high millions from there,” said Dan Tudor Cracea, the new Head of IQI Bali.

“Many of our clients are international, because Bali is Indonesia's most sought-after destination for holiday homes, long-term investment, or rental income. Our multicultural team speaks English, Indonesian, French, German, Italian, Spanish, and Romanian,” he added.

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