Fiji Real Estate News

TLTB Undertakes Planting

In support of the Fijian Government’s Presidency at the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change (Cop23) in Bonn, Germany, the i Taukei Land Trust Board (TLTB) has issued conservation leases and planted thousands of trees and mangroves around the country.
“We believe that every citizen in Fiji, individually or as a corporate entity, have …

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Fiji’s largest hotel at Wailoaloa Beach

The InterContinental Hotels Group (IHG) will debut its Crowne Plaza brand here as Fiji’s largest hotel after signing a management agreement with Quantum Hi-Tech Group Limited.
Construction of the 453-room Crowne Plaza Fiji Wailoaloa Beach in Nadi is taking shape by the Hong Kong-headquartered company’s local subsidiary, SGV Pacific Properties Group Limited.

One of the world’s largest hotel chains, …

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Consultation Workshop in Savusavu

Real estate agents, branch managers and industry sales representatives in Vanua Levu were recently hosted to consultations on draft regulations by the Real Estate Agents Licensing Board (REALB).
Speaking at the meet in Savusavu Town, the Board’s acting chief executive officer, Virisila Tuimanu noted the import link between the industry’s growth with the performance of the economy.

“What this means is …

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Movember Campaign by Lands Ministry

The Minister for Industry, Trade, Tourism, Lands and Mineral Resources, Faiyaz Koya has joined efforts to foster better awareness on prostate cancer, by opting to raise $5000 towards the national Movember Campaign.
And he has agreed to shave off his moustache if this target is achieved by his ministerial staff.

“Prostate cancer is the most common cancer affecting men over 50, …

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Tourism Site on Yanuca Island

A five-acre Native title for tourism development on Yanuca Island in the province of Serua has been availed through the I Taukei Land Trust Board (TLTB), which is inviting expressions of interest for the site.
“The purpose of the EOI is to seek investors and developers who wish to participate in the development of the proposed tourism development at Nukubalavu, …

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Strong Interest for Commercial Property

A commercial property along Nadi’s new bypass road has drawn strong interest from both local and overseas buyers, giving credence to the rising locational value by the new route linking the hubs of Martintar, Wailoaloa and Denarau.
Exclusively listed with Inglewood Realtors, the corner block commands immediate road frontage and currently houses a private home and goods store, with …

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Rare Acreage Availed

Nestled on alpine terrain adjacent to Kashmir Heights, a rare slice of large residential tracts that straddle Lautoka City’s central business district has been listed on the market by Raine & Horne.
The private development boasts 10 acres of prized, residential dwellings with coveted panoramic views that sweep in the surrounding Abaca mountains, the city waterfront, and the colourful smattering of …

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Affordable Housing

One of the reasons Fijians are migrating is they can’t afford properties in Fiji; the prices of Fijian homes are just so high.
Reginald Jokhan, the managing director of Jokhan Realtors Ltd, and also a citizen who is greatly concerned with the affordability of houses in Fiji, made the comment during an interview with this newspaper on the issue of affordable housing.

“So my …

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Affordable Housing

With government’s focus on providing affordable housing to members of the public, various stakeholders have come forward with different plans and incentives for first home buyers.
Recently the Housing Authority CEO Dr Punit Sethi introduced their new home loan facility in line with Government’s priorities in making home ownership affordable for all Fijians through the initiatives and assistance by the Reserve …

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New Licenses for Raine & Horne

Raine & Horne Fiji recently reached a milestone with the licensing of 15 sales staff..
The local franchise of the Australian-founded real estate house was launched in mid-July, under the co-directorship of former Melbourne realtor CJ Shergill, banker Sanjay Krishna and IT specialist, Aveet Gounder.

With its headquarters in Lautoka and Nadi and a planned, rapid expansion to Suva, …

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Expansion Plans for Bayshore

The real estate business could be described as a cutthroat industry globally with the concept of survival of the fittest ringing true for those who survive and thrive in the industry.
Bayshore Real Estate (Fiji) Ltd could be described as one that has managed to survive the competition and grow stronger in the face of constant competition from …

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Growth in Real Estate Value

The value of local real estate is gradually increasing, says the Government’s Permanent Secretary for Lands and Mineral Resources, Malakai Finau.
He noted this at a recent consultative workshop hosted by the Real Estate Agents Licensing Board in Nadi, while speaking on the industry’s close link to the performance of the economy.

“The real estate industry contributes significantly to the overall …

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New Subdivision on the Rise

Sixteen residential lots have been offered at Voivoi, Nadi, as part of the upcoming Pandana Estate, a new subdivision developed by a local lawyer.
Touted as an econ-friendly, upmarket residential gem, it plans to add a medical centre, bakery, church, orphanage, kindergarten, childcare centre and parklands onsite.

“The site is unique in that it has a quiet, peaceful location while still …

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Agents Reminded to be Alert

Real estate agents and salespersons at a recent consultation workshop hosted by the Real Estate Agents Licensing Board have been reminded to be on alert about suspicious clients.
The workshop in Nadi included a presentation by the Reserve Bank of Fiji’s Financial Intelligence Unit director, Razim Buksh, who noted that it was necessary to regulate the real estate sector, to …

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New Navigation System

The I Taukei Land Trust Board (TLTB) has recently installed its own base station for a new Global Navigation Satellite System (GNSS).
According to Manager Information Technology, Epeli Ravula, TLTB has now become one of three local organizations with such high-tech wireless equipment.

The TLTB administers and manages the commercial transactions of indigenously-owned land and has also added a new Geospatial Information Unit, …

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