Despite the challenges due to the COVID-19 pandemic, real estate technology company Juwai IQI recorded 293 per cent more new project sales in 2021, to date, compared with the same period of 2020.
In a statement today, Juwai IQI said it concluded US$88 million (US$1=RM4.14) of new-project residential sales across Malaysia in the week of May 10, 2021 — nearly 75 per cent more than in the approximately US$50 million of a typical week this year.
Juwai IQI Group co-founder and chief executive officer Kashif Ansari said the Movement Control Order (MCO) did not affect Juwai IQI’s sales in Malaysia.
“On the contrary, our sales went up during the period because our technology platform made it possible for us to continue to serve buyers despite the MCO.
“Since then, we have continued to invest in technology and are building a 1000-person global technology and data team here in Kuala Lumpur,” he said.
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