iProperty International, which is managed by iProperty’s Singapore office, will give access to residential and commercial property listings aruond the world, with videos, 3-D showrooms and market information.
As of the site’s launch on 3rd September, the site includes more than 3,000 listings of new Australian residential property, provided by REA Group, parent company of realestate.com.au. Users can also access new property listings on iProperty Group portals in Hong Kong, Indonesia, Macau, Malaysia, Singapore and Thailand, through the site.
The launch follows growing investment among Chinese and other Asian buyers in overseas markets, from Golden Visa schemes, such as Portugal’s, to safe havens, such as London. Indeed, CBRE’s Asia Pacific Investor Intentions Survey 2015 shows that over half (54 per cent) intend to increase overseas property purchases.
“Asian consumer demand for offshore property is increasing and iProperty International aims to provide investors – specifically in Singapore, Malaysia, Thailand, Indonesia and Hong Kong – with attractive international investment options,” comments Mr Georg Chmiel, Managing Director & CEO of the iProperty Group.
“Partnering with REA Group, our first international partner and Australia’s market leader, will ensure that our customers, property buyers as well as investors have direct access to quality property listings in Australia.”
The next phase of development will see iProperty International include “selected listings from property markets in other parts of the world”.