Expanding its presence in Southern Malaysia: (fourth from right onwards) IQI Group chief operating officer Nabeel Mungaye, chief economist Shan Saeed, Executive director Sheila Tan, chief executive officer Kashif Ansari, southern regions vice president Casse Tio and chief financial officer Shahid Saleem.

JOHOR BAHRU: Strategically located at the crossroad of commerce and culture along the Silk Road, Malaysia is expected to benefit from China’s One Belt One Road (Obor) initiative.

Together with the healthy economic growth and political stability, these will increase the country’s investment attractiveness and further encourage foreign capital inflow in Malaysia real estate market.

Dubai based international real estate investment and advisory firm IQI Global is further expanding its presence in Malaysia by opening a second southern region office in Danga Utama Business Centre, Johor Baru, to cater to the increasing demand for Johor properties.

“The Johor market has grown substantially and overcome some earlier issues. The state government is also working hard towards providing more affordable housing, and the market is stabilising.

“Furthermore, Johor is one of the best investment destinations in the region regarding price and growth opportunities,” said IQI Global chief executive officer Kashif Ansari in the opening of their southern region office, who expected 2018 to be the year for real estate investment in Johor.

“Meanwhile, Johor Baru is poised to be an important energy hub of liquefied natural gas in the next five to ten years as the major players are moving investment to this part of the world. Together with China’s OBOR initiative, these are set to bring the state to new heights,” added IQI Global chief economist Shan Saeed.

The IQI Global’s new southern office comprises a series of high-quality facilities. It consists of a property show gallery on the ground floor that allows the customers to view the latest and upcoming property projects.

Other amenities in the new office including meeting rooms as well as entertainment facilities to create a comfortable and relaxing workplace.

With the establishment of new branches that hold high-quality facilities, IQI Global is confident to be able to train more quality property agents.

“At the same time, we will also leverage on information technology for data collection and translation to help the customers achieve their investment goals,” added Kashif.

The business model has been successfully implemented in Kuala Lumpur and Penang branches. IQI Global will continue the same philosophy on their southern office.

“Moreover, setting up a larger office is in line with the company strategy to expand our influence nationwide to achieve the goal of becoming the leading real estate investment and advisory firm in Malaysia,” said IQI group chief operating officer Nabeel Mungaye.