News

Property Industry

Association Elects Office Bearers

Oct. 2, 2017, 11:01 p.m.
Khelvin Realtors founder and CEO, Vyas Deo Sharma has been elected President of the Real Estate Association of Fiji. The new Vice Presidents are Sakeo Lelekilagi (Golden Water Real Estate), CJ S...
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New National Budget Announced

Oct. 2, 2017, 11 p.m.
The Fijian Government announced its National Budget for the new fiscal year, 2017-2018 on June 29 and key provisions include a new income threshold. Speaking in Parliament, Attorney General...
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Changes in Fiscal Duty

Oct. 2, 2017, 11 p.m.
The Fijian Government will continue to market its properties at the Kalabu Tax Free Zone, which is being sold to interested investors, as sales will complete the process of transferring KTFZ asse...
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Budget Increase for Housing

Oct. 2, 2017, 11 p.m.
The Department of Housing has been allocated  $34.6 million in the National Budget 2017-2018. Of this amount, $1.8 million is for operating expenditure, $32.1 million for capital expenditure...
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Bilo Peninsula on the Market

Oct. 2, 2017, 11 p.m.
Expressions of interest for Bilo Peninsula in Suva have been publicized by the I Taukei Land Trust Board, administrators of Native land leases and Fiji’s largest provider of land and real e...
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New Initiatives for Lands Ministry

Oct. 2, 2017, 11 p.m.
Several new initiatives are being undertaken by the Ministry of Lands and Mineral Resources, whose allocation in the Fijian Government’s new National Budget (2017-2018) has increased from p...
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Conservation Lease for Kilaka

Oct. 2, 2017, 11 p.m.
The I Taukei Land Trust Board has signed onto a lease agreement with the Wildlife Conservation Society (WCS) to safeguard and ensure the long-term protection of Kilaka forest in the district of K...
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Agents Respond to Budget

Oct. 2, 2017, 11 p.m.
Agents have had mixed reactions to the Fijian Government’s National Budget 2017-2018, which was recently passed in Parliament after its announcement late last month. Budgetary allocations ...
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Valuation Standards Noted

Oct. 2, 2017, 11 p.m.
Valuation services need to be in line with internationally accepted practices and standards, to accurately gauge the value of land, relative to the rest of the global real estate market. This wa...
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Committee for West Agents

Oct. 2, 2017, 10:59 p.m.
A Western subcommittee of the Real Estate Agents Association of Fiji has been established, with members appointed on July 29. Mohammed Shameem of Asia Pacific International in Martintar, Nadi has...
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