WILLIAMS MEDIA spoke with Mr Kashif Ansari from IQI Global to get an insight into his property journey and the ASEAN property market
Founded in 2012 IQI Global goes beyond real estate. They provide a holistic service to their clients, offering them a smooth journey towards their real estate and investment goals. IQI offers consultancy, project marketing, interior design and renovation, hospitality services, property technology, education and training.
WILLIAMS MEDIA sat down with Mr Kashif Ansari, Group CEO at IQI Global to learn more about the business' journey and the ASEAN property market. While the company has projects and offices in multiple countries, our interview focuses on the Dubai market.
IQI Global is a member of the Leading Real Estate Companies of the World®.
“As a global real estate firm, IQI currently has offices across eight countries and much of the ASEAN. Driven by our motto of ‘changing lives, realising dreams,’ our vision is to expand globally through meaningful partnerships and cover much of the property hot spots around the world. LeadingRE already has over 500 members across 70 countries, so naturally it would be an ideal source for IQI to build relationships. As a member of LeadingRE, we trust that those members share some of the same values as IQI thus making our task easier,” said Ansari.
What markets are you experienced in and currently servicing?
I have worked in the fields of investment management, corporate finance, private equity, principal financing, real estate investment and strategy, covering both emerging and developed markets including the Asia Pacific, MENA region, North America and Europe.
How long have you personally been in the real estate business?
I have been involved in the real estate and investment market for over two decades
What is the size of your firm (number of offices/sales associates)?
As of today, IQI has over 11 international offices and 21 local offices in Malaysia, with over 6000 sales agents and marketing experts globally.
Describe the current state of the real estate market in Dubai and region in general.
Dubai is currently a buyer and tenants market as the market continues to correct itself. Average sales prices and rents have softened across most communities; however the average rate of price decline has improved.
The price gap between apartments and villas/townhouses in Dubai has decreased to an estimated USD 490,000 in the second quarter of 2019. Apartment prices have also moved to a buyer friendly price, averaging at an estimate USD 350,000. Developers continue to offer attractive payment plans, while attracting investors with competitive value offerings.
The market is looking attractive for buyers in certain areas such as Jumeirah Islands, Dubai Silicon Oasis and Arabian Ranches. The office market is also remaining favourable to tenants, while investors are showing interest in well-located Grade A assets.
Do you see a significant number of buyers or investors coming from other countries? If so, which countries in particular?
We have seen a significant increase in Chinese and European investors. IQI’s international team offer our clients investment opportunities globally. We are currently operating in numerous nations such as Australia, Malaysia, Dubai, Canada, Thailand, Philippines, Vietnam, Cambodia, India, United Kingdom and others.
We have had a noteworthy number of investments and ventures with clients from various countries as well.
Can you identify one or two of the most important market trends?
Developers are offering attractive payment plans where a significant percentage of the purchase price is paid only upon completion and in some cases post-completion, while aiming to attract investors through competitive value offerings and great marketing campaigns. Average sales prices and rents are beginning to take a better turn as opposed to the beginning of 2019. In the office sector the market has become favourable to the tenants.
What factors do you think contribute to your company’s success?
At IQI, we have an accurate understanding of the requirements of our clients, agents, partners, and developers, catering to all demands and creating an optimal and satisfactory environment for all parties. We strive to develop a lasting relationship with our cliental, providing them with a holistic journey for their real estate and investment goals, while constantly innovating and improving our operations through technology, and building a fast, transparent, and highly ethical transaction process. The IQI App allows our agents to stay updated with their performances, teams, projects and sales, while allowing clients and investors to follow their transaction processes, providing a secure platform for all.
To get in touch with Mr Kashif Ansari Group CEO at IQI Global, email via the contact details below.
Click here to visit the Leading Real Estate Companies of the World® website.
This is a sponsored article - Source: Leading Real Estate Companies of The World.
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