Property.com.fj Magazine Issue 4, November 2017 by Property.com.fj

ISSUE 4 OCTOBER | OCTOBER2017 2017

F IJI â&#x20AC;&#x2122; S L A RG E S T H O T EL CROWNE PLAZA NADI WAILOALOA BEACH Full story, see pg 8

F E AT U R E S REAL ESTATE AGENTS ASSOCIATION Full story, see pg 16

NATIVE LAND ALLOTMENT PROCESS UNDERWAY

Full story, see pg 45

TABLE OF CONTENTS

RESORT HOMES FIJI Pacific Harbour’s Most Trusted Agents

KHELVIN REALTORS The Fastest Growing Agency

CROWNE PLAZA NADI WAILOALOA BEACH Fiji’s Largest Hotel

10 FREEHOLD BEACHFRONT

VILLAS

22 VECTOR REAL ESTATE A Name You Can Trust

24 JUST IN REALTY When Experience Counts

26 GOLDEN WATER REAL

ESTATE

40 ISLAND ACCOMMODATION Private Suits for Good Travelling

43 THE REAL ESTATE INDUSTRY New Rules for the Game

45 NATIVE LAND Allotment Process Underway

Expanding to Meet Demands

28 NATIONAL FIRE AUTHORITY Safety Is Everyone’s Business

46 APCO PAINTS The Industry’s Best Colours

At Nanuku’s Luxury Resort

13 PROPERTY.COM.FJ Fiji’s Leading Real Estate Site

16 REAL ESTATE AGENTS

ASSOCIATION OF FIJI

30 SUVA REALTY MANAGEMENT Selling, Leasing & Managing The Capital

33 PROPERTY EXPERTS Providing Residential Masterpieces

The Voice of Local Agents

18 BLUE RAY INVESTMENT Complete Property Solutions

21 NAVIN’S REAL ESTATE Giving Investors the Best

35 SL SHARMA & ASSOCIATES Matching Clients with The Best

36 CHAND’S MEGAHOME Restoring Homes

47 SANDEEPS REALTY Agents of Trust & Principles

51 GALLERY

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RESORT HOMES FIJI PACIFIC Harbour living continues to get even better always having had the best beach near Suva, it now boasts world class facilities including the recent addition of the new Pearl marina resort.. With everything you need from restaurants, shops, bank, post office and even a school it truly offers fully integrated resort living in peaceful, secure and picturesque surroundings. Pacific Harbour also boasts an 18-hole championship golf course all on your front door step! Possibly the only resort style living left in Fiji where you can still secure your own freehold completed villa property from around F$550,000 and plots of land from F$95,000 upwards. Pacific Harbour properties have proven a good solid investment giving approximate returns of 20% per annum and offering a rental return of around 8% per annum in recent years. Resort Homes Fiji Ltd are the main real estate company in Pacific Harbour, we have many years of experience in the area and can show you a range of

property for sale or rent. Whether itâ&#x20AC;&#x2122;s on the river or lake with direct ocean access, hill side with panoramic views or nestled on the edge of the golf course fairway the choice is yours! We would be happy to hear from you and assist with finding the right property for you! Please feel free to contact us at any time on +679 3450034, +679 9924924 Visit our Website for more Details. www.resorthomesfiji.com Licensed Agent 16

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KHELVIN REALTORS SINCE opening doors in 2011, Khelvin Realtors has quickly amassed an expansive catalogue of coveted properties, and now claim the largest residential and agricultural listings in the Western division. Headquartered in Lautoka, the familyfounded company has expanded to a base in Suva and most recently in Nadi, where mounting demands from enthusiastic clientele made the tourist town a necessary point to set up office in. “Real estate is a dynamic industry, and while Lautoka has been our traditional base, Suva has of course- as the capital and a large demography- proved to be an extremely demanding point of business, as well as Nadi,” noted acting CEO, Vipul Sharma. With listings all over the country, the realtor heads a team of close to 35 sales and administration staff in the Western and Central divisions, and has overseen a series of internal workshops in conjunction with university trainers to upskill and further develop the professional capacity of the Khelvin team. “We plan to add about 10 new salespeople to our team, and are really looking at enthusiastic people aged 25+ who possess good industry knowledge and who are well educated. In-house training is a vital part of our company and we are serious” The realty house has also noted the encouraging consumerism beckoned by incentive for first-time home buyers in recent years. “This has really inspired younger couples and even individuals to come forth and look for investment properties,

especially with grants being offered by the Government and friendly interest rates by certain banks. We see that many first-time home buyers seek residential properties that have multiple flats. They mostly want properties with price ranges of $250-$350k and ones with multiple units, so they can derive rental income that helps pay off their mortgages. They want sound investment properties.” A commitment to serving their clients holistically also sees Khelvin Realtors offer vendors assistance with obtaining loans and other necessary checks.

Commercial and industrial properties also provide a considerable proportion of listings, as well as popular tourism retreats such as Funky Fish Resort and Beachcomber Island in the Mamanuca Islands, and Anchorage Resort in Vuda, reflecting the growing consolidation of Khelvin Realtors. As Sharma noted, the establishment of a new Real Estate Agents Association has also given realtors a platform to voice their concerns collectively. “It is the sign and starting of better things ahead for this industry.”

“We have an extensive network and as part of our packages, offer assistance with getting home loans, engineering certification, appraisals and valuations for clients and vendors. This is helpful because many people don’t know where to begin in the process to sell or buy a home.”

Vipul Sharma Khelvin Realtors acting CEO

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FIJI’S LARGEST HOTEL LONG a realm of backpacking and budget accommodation, Nadi’s Wailoaloa Beach is undergoing a pivotal transformation as an incoming wave of upmarket luxury hotels and residencies take shape to ultimately propel this once isolated hub into a crucial inventory for sophisticated travellers. And standing out as its most conspicuous rise is the Crown Plaza Fiji Wailoaloa Beach, the debut local property of the InterContinental Hotels Group’s (IHG) Crowne Plaza Hotels & Resorts chain. Tailor-made for upscale, business and conventions travellers with first-class facilities and personalized service, Crowne maintains a crucial arm of the IHG- one of the world’s largest and most eminent hotel chains. This 453-room development at the international gateway town of Nadi is due to open doors in 2020. There are already an impressive 412 open Crowne Plaza hotels in major urban centres, gateway cities and resort destinations around the world and 84 hotels in the pipeline. And given favourable market conditions in recent times, its expansion to Fiji seemed a natural course. “As the most popular travel destination in the South Pacific, the islands of Fiji accounts for close to 40 percent of travel to the South Pacific, a figure that continues to grow annually,” highlighted Rajit Sukumaran, Chief Development Officer, Asia, Middle East and Africa (AMEA) for the IHG. “In 2017 alone, Fiji recorded an increase of 7.8 percent in the number

of international travellers visiting the country. This strong growth potential represents a key opportunity for us to introduce the Crowne Plaza brand to Fiji.” “As the first resort in Fiji for the brand, Crowne Plaza Fiji Wailoaloa Beach complements IHG’s existing portfolio of brands in the South Pacific, allowing us to better meet the different needs of travellers visiting the Fiji. “Guests can look forward to a truly immersive travel experience with the Crowne Plaza Fiji Wailoaloa Beach, with such vast, pristine natural beauty that Wailoaloa offers. With panoramic ocean views, we invite guests to take in the exquisite wonders of the island from the comfort of the resort, whether in their rooms or in and around the resort.” The IHG has signed a management agreement with the Hong Kongheadquartered Quantum Hi-Tech Group Limited, whose local subsidiary, SGB Pacific Properties Group Limited is overseeing construction work. “With its prime beachfront location, leisure travellers will be able to unwind while enjoying unparalleled sunset views

from one of the island’s finest beaches, right at their doorstep.” The IHG first opened doors here in 2009 with the InterContinental Fiji Golf Resort & Spa at popular Natadola Beach and the massive property has firmly established itself as a key, luxury, awardwinning industry player. And while Denarau Island- the South Pacific’s largest integrated tourism hubhas traditionally drawn a considerable traction for tourists and the meetings, incentives, conventions and events (MICE) market, this new property across the Nadi Bay will add to this spread. “The resort will also feature one of the largest conference centres in Fiji, a fullyequipped 24-hour fitness centre, two swimming pools and a Kid’s Club among other exclusive resort facilities.” Other major investments that have descended on Wailoaloa include the Wyndham-managed Ramada Suites Smugglers Cove Fiji by Mark and Janice Hinton, the Pullman Nadi Bay Resort & Spa by the Gokal Group of Companies’ subsidiary Travel World Resort Limited, and private residential enclave Palm Beach, all of which are undergoing construction.

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NANUKU NOW SELLING PHASE 2 ONE of Fiji’s top-rated resorts on TripAdvisor, Nanuku Auberge Resort, is offering a select number of whole ownership properties. These include low maintenance villas (1-2 bedroom) and larger estates (3+ bedrooms) -- all on a wide beach. Nanuku’s first phase of villas sold out ahead of schedule, so the second phase is now on offer, with construction already underway for move-in for both in 2018. Ownership includes privileged access to the award-winning Nanuku Auberge Resort, with its wellness centre spa and fitness, fine and casual dining restaurants, private island escapes, children’s adventure club, and premier service.

With a prime location in Pacific Harbour, Fiji’s “Adventure Capital”, Nanuku provides you access to all manner of water recreation from paddleboarding, snorkel, jet ski, scuba, surfing, deep water fishing, and more. The resort can manage your home when you are away and also include it in their lodging offerings for investment return. All the properties on offer are freehold. See ad opposite for pricing. Contact Peter Rowland at +679 345 2110 or Pete@NanukuFiji.com for details.

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PROPERTY.COM.FJ

PROPERTY.COM.FJ is an expedient platform for agents, salespersons, developers, proprietors and investors to view local property opportunities in a user-friendly and soon to be mobile-optimized manner. Since launching three years ago, over 90 per cent of Fiji realtors have utilized the reach of this real estate classifieds portal. An impending mobile app will also significantly ease the search functionality of consumers and agents on the go, who can easily upload or scroll through listings on this downloadable device.

We do not charge commission and do not participate in any transactions. Instead, our services extract value for agents by promoting their listings through our online marketing and maximizing their exposure. Aside from over 80k targeted social media followers, Property.com.fj attracts over 50k website visitors per month, generates over 3 million page views per month and has over 18k on its email database, with weekly electronic direct mail (EDMs) to a wide spectrum of prospective buyers in Fiji and abroad. Email alerts, sales statistics, Google Map integration and leads are directed to realtors and helps them find the best

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deals for their clients. Property.com. fj is easily navigational and through a few simple clicks or swipe of the finger, viewers can search for property based on location, price-range and property type, while new submissions for mortgages and home loans are also directed to banks, making this portal the go-to place for houses, commercial buildings, land and islands In December 2016, it published its first magazine as an exciting expansion of its popular portal, and to provide wider in-depth news, market trends and more agent information in the traditional print medium favoured by many readers.

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REAL ESTATE AGENTS ASSOCIATION OF FIJI THE establishment of Fiji’s first Real Estate Agents Association has been a welcome development in a flourishing industry with over 130 certified salespersons.. And more notably, a move that meets aims by the Trade Ministry to transform local real estate into a respected and well regarded industry. Following its registration by an interim committee earlier this year, the association elected its first team of office-bearers, headed by Khelvin Realtors principal, Vyas Deo Sharma. “So far, we’ve already had two executive committee meetings, where we have established two sub committees advisory and general purpose,” the former Parliamentarian said. “Their roles would be to assist the executive committee where it will be required in order to have a smooth transition of the Association. “ Sitting as Vice-Presidents are Sakeo Lelekilagi (Golden Water Real Estate), CJ Shergill (Raine &amp; Horne) and Aren Nunnink (Ki-Maren Real Estate), who respectively represent the Central, Western and Northern divisions. Anand Gounder (IROK) was voted in as General-Secretary, with the post of Assistant General-Secretary going to Shashi Prasad (Jet Set) and Romil Prakash (Excellent Realtors) as Treasurer, while Sam Mani (Paradise Realtors), Sohan Lal and Mohammed Ahmed make up the committee membership. “We have also formed Divisional committees for the West, Central

and Eastern and North, whose primary role is to get the objectives of the Association sailing smoothly in their divisions and to inform the executive committee on their progress.

$60 million, and increased stamp duties on non-residents’ transfer of strata titles.

We have also approved a new Code of Ethics of the Association to ensure that the members are aware of being disciplined, ethical and professional and to work in the best interest of the industry.”

Sharma has noted that a focal point of the association has been to combat unlicensed agents and the infiltration of foreign agents operating in Fiji on holiday and work visas without the necessary permits and authority of the REALB, an ongoing issue that has been raised at several workshops organized by the Board.

Prior to an organized front, agents have usually had to individually lodge complaints with industry watchdogs, the Real Estate Agents Licensing Board (REALB), which had continually lobbied for agents to form an association that would improve their representation.

As the Minister highlighted, while the Government has taken steps to make housing affordable for Fijians, it is the duty of real estate agents to work within the ambits of the law and ensure that the industry is clean of unscrupulous dealers.

And as noted by Trade Minister, Faiyaz Koya at the inception of the association’s committee and it’s first AGM, this industry forms an important part of the Fijian economy.

“This was the basis for the introduction of the Real Estate Agents Act in 2006. The Act essentially regulates the real estate industry in Fiji, in terms of licensing agents and their sales staff. The Real Estate Agents Licensing Board (REALB) in this regard, has been adequately resourced by the Fijian Government as part of its commitment to clean-up the real estate sector.”

“The growth of the real estate industry is closely linked to the performance of the economy – a strong economy leads to strong growth in the real estate industry.” With an increasingly great demand for housing, particularly in major urban centres, Koya has noted the various policy changes undertaken to ensure the availability of affordable residential properties to ordinary Fijians. These have included a grant scheme under the First Home Buyers program to encourage home ownership, applicable to individuals or couples with an annual income or joint annual income up to $50,000. Additionally, the Government’s national budget has increased funding for affordable homes from $25 million to

The Trade Minister has reiterated the need for industry stakeholders to make a collective effort to work together, be familiarized with rules and procedures of property transactions and ensure the protection of consumers’ rights. “The Ministry aims to transform the industry into one that is respected and well regarded. However, we cannot achieve this alone - it has to be a collective effort between real estate agents, salespersons, the regulating agencies and of course the consumers themselves – everyone has a part to play in this journey.”.

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NAVIN’S REAL ESTATE IN a naturally stunning country with low housing stock, the challenges of local real estate provide a highly competitive industry.. Navin’s Real Estate has tactfully manoeuvred this tricky journey, with founder Navin Prasad effortlessly matching clients with ideal properties available to them. “I have managed well through this challenge in satisfying my clients as they have requested me,” the realtor noted. “I have worked along with property buyers in finding them lands and houses together with commercial clients for investment properties.

With years of experience I have a clear understanding of clients local or overseas as to what their request is and have delivered the same to my clients” The company has an inherent commitment to providing the best services for all matters pertaining to buying, selling, renting real estate and seeking tenants, with a large database spread over whatever zones are considered for residential, commercial, industrial, hotels, resorts, motels, vacant land in cities, towns and rural areas. “If you want to invest your money with good returns in the future, talk to me I have the right answer that you are looking for CALL ME. And in case you are facing problems and want to sell your mortgaged property before their mortgagee sale, simply call me, as I may

just have a great buyer for the property, enabling vendors to get some money into their hands so they can start over.” With a large clientele ready to invest, Navin’s Real Estate provides a smooth transition for clients wanting a place to buy, sell or rent. “As I have said above I have clients ready to invest just waiting for vendors to list their properties because I do real estate the way they want - without hassles and headaches and with a firm guide towards transparent transactions and no hidden fees or costs.” CALL ME NOW on (679) 9264015 Email address: navinsrealestate@yahoo.com Also available on Viber and Whatsapp.

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MEET THE DIRECTOR OF VECTOR REAL ESTATE Amrish Maharaj Vector Real Estate Director

AFTER graduating as an aircraft engineer in 2003, Amrish Maharaj opted to venture into the real estate industry in 2005. Maharaj grew with the company he worked for nearly 9years. He has seen good and bad times of the industry. In his 9years or so as an employee he sold and rented many properties and is well known and respected amongst his clients for his honesty and professionalism. He took a two year break from in 2014 and came back in the industry on his client’s request. opened his own agency, Vector Real Estate and got his license in 2016. Now in its second year of operation Vector Real Estate aims to see that it gains respect amongst their clients like the director has been getting over the so many years of his professional career.

a realtor.” - Arvind Raniga, Director (Raniga Jewellers Ltd), Nadi “A very honest and prompt service. I can trust Vector Real Estate for all my dealings.” - Nitin Hiralal, Director (Melanesian Hotel and Zaika Restaurant), Nadi “I was so glad that Amrish opened his own company. I now rely on him for all my real estate matter.“ - Ratish Roy, Director (Bargain Box Ltd), Fiji Wide “I only deal with Amrish. I have never thought of talking to anyone else.” - Harish Sharma, Retired Lawyer and Politician, Sydney In next three years I do not wish to be number 1 realtor in the industry but the number one agent for my clients. Phone: (679) 906 44 91 Email: amrish.vector@gmail.com

Below are what some of his clients have to say about him.

RENTED

“I have known Amrish from 2005 and he has always been my first choice as

SOLD

NOW LEASING

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JUST IN REALTY IN a highly competitive industry, seasoned realtors such as Cecil James wield a respectable force for seeing the market through remarkable changes and meeting the evolving, versatile needs of consumers. The real estate agency was registered in Lautoka in 2004, and quickly forged an extensive network and database around the country, with services including buying, selling and renting property, as well as assisting with valuations and Engineers certificates by liaising with appropriately licensed stakeholders.

Association of Fiji and is committed to ensuring the highest level of industry propriety and investor confidence. “It’s important to attract investor confidence both domestically and internationally and to keep the market value fair and reasonable at all time. This is for all stakeholders to play a role in and ensure the industry is well maintained.” The seasoned realtor also served for 25 years in Local Government with varying administrative duties under the Lautoka City Council and as an executive

member of the Fiji Local Government Officers Association. With a successful realty house in Lautoka, Just In Realty is solidifying its reach in the Central division with a new office in Suva, a move necessitated by rising clientele demands in the area. This expansion is also planned for other districts in the country due to an increasing customer base around the country - an unsurprising fete for a real estate agency committed to delivering the best.

“In those early days, there were no regulations in place for the real estate so it’s pleasing to note more legislative guidelines for both agents and consumers,” he noted. “The market is becoming competitive, with technology advancing it through social media and the Internet connecting vendors and agents and buyers like never before. Through sites and platforms such as Property.com.fj, the industry takes a professional approach and it’s very important to survive successfully and legitimately, especially now since the industry is being regulated with rules in place that have to be followed and services that need to be followed accordingly.” With the inception of the Real Estate Agents Licensing Board (REALB), James notes that agents have a better channel through which to have their concerns and views addressed collectively in a more profound manner. In addition to the realty house, he serves as an executive committee member of the newly formed Real Estate Agents

Cecil James Just In Realty Director

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GOLDEN WATER REAL ESTATE AGENTS play an essential role in determining and building personal wealth and assets. They encompass a range of suave, technical skills to match vendors with the perfect investment, a process that Golden WaterReal Estate has long provided. With over a decade of professional experience, principal, Sakeo Lelekilagi has crafted a reputable forte as a dependable, proactive channel for both property seekers and vendors to strike the best deals. “Real estate isn’t just about buying and selling – it’s also an education because many clients make multiple property investments in a lifetime.” The seasoned realtor is based at Unity House along Robertson Rd, in the heart of the capital city, where Fiji’s bulk of real estate activity is concentrated. “Technology has also led to increased awareness on properties for sale, so seekers can conveniently scroll through listings on their phones while commuting and occupied. It’s not like the old days when they’d have to make an appointment to see what homes they can consider getting. With digital media, they get a good idea of a property and instantly make contact.” Over the past ten years in the game, Lelekilagi has noted a rising tide of investor interest from younger, prudent buyers. “In the past few years, there have been many young couples who have really taken advantage of incentives by the Government and lending institutions, and procured property for themselves.

Some want a home to settle down for good, though many also want a home with multiple living units so they can reside in one and gain rental income from the other(s).” While agents play a proactive role in arranging property sales, vendors also play a prominent role in easing their transactional process. “Valuations and engineers certificates are very important, and these are requirements that property owners should address, even if their home is not on the market. It will save them time and urgency and shorten the waiting period for when they need to sell their property. “Likewise, those who reside in housing provided by their employers should also be proactive in obtaining a permanent home for themselves. They may reside in barracks and living quarters and not see the necessity of buying a home, but it will become a fruitful investment for their retirement. And without having to pay for rental charges in the meantime, many of them should have extra, disposable income to invest in a property for the future.” Rentals, he added, are constantly in high demand and savvy buyers often fork out on a building that can help pay of its own mortgage through rental returns. “This is a practical way of helping to pay off a new property purchase. There are also many subdivisions coming up and first time buyers should consider these. We’ve noticed over the years that while Freehold is quite favorable, consumers will tend to settle with whatever lease and land type is availed to them. Buyers are busy and convenience is important for them.”

Aside from prevalent listings along the Suva to Nausori corridor- particularly Nasinu and Nakasi- GoldenWater has a formidable presence of listings in Nadi and Labasa, the commercial center of Fiji’s fledging Northern division. A growing clientele network in these areas has also made it necessary for the realty house to make necessary plans for new bases in the Western and Northern divisions. “Location is the main selling point of a property, and that same principle applies in our relationship with our clients. They demand proximity and availability and that is what we will give them.” Recent listings include Crown Towers in Martintar, Nadi. With 21 rooms and excellent location and proximity to major amenities, the property pulls in great rental returns in the heart of Fiji’s tourist town. Also on the market are an incredible 38 acres of water-font Freehold at Momi Bay, an ideal site for a promising tourism development by savvy investors.

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FIRE SAFETY N AT I O N A L F I R E A U T H O R I T Y

FIRE safety equipment are very important and should be installed in all properties as it helps in the early containment of a fire.. Listed below are important fire safety equipment that property owners must always keep in their properties and know how to use:

Foam Fire Extinguisher • suitable to fight liquid fires (petrol/ diesel). Pictured below is the Foam Fire Extinguisher which is identified by a black band and Foam Type written on the fire extinguisher.

Alarm Signaling Equipment (ASE) A fire alarm monitoring system that receives an instantaneous fire signal to alert the NFA and the building occupants of a fire in the building. Building owners are advised to contact the NFA on how to install this equipment. Pictured below is the ASE.

Fire extinguishers It is very important that all property owners keep fire extinguishers. There are four different types of fire extinguishers and each fire extinguisher has its specific use. It is also very important that the fire extinguishers are installed at the right place in the building and visible to all the staff. Water Fire Extinguisher • used to extinguish fires on combustible solid substances such as plastics, paper, wood etc. Pictured below (left) is the Water Fire Extinguisher which is identified by Water Type written on the fire extinguisher.

Carbon Dioxide (CO2) Fire Extinguisher • mostly used to extinguish liquid and electrical fires but should not to be used in closed confined space. Pictured below is the Carbon Dioxide Fire Extinguisher which is identified by a black band and Carbon Dioxide Type written on the fire extinguisher.

Smoke Alarms Smoke Alarms give out an instant warning signal after detecting a smoke in the building. Smoke Alarms can be fitted onto the ceiling at strategic points. They can detect fires in their early stages and give you those precious minutes to enable you and the rest of the occupants in the building to evacuate the property safely. Pictured below is the Smoke Alarm.

Dry Chemical Fire Extinguisher • used on combustible solid substances and liquid fires like oil, kerosene and electrical fires. Pictured below (right) is the Dry Fire Extinguisher which is identified by a white band and Chemical Type written on the fire extinguisher.

Fire Blankets Made up of fire-resistant material. Fire Blankets are especially placed in the kitchen area to put out hot cooking in the pot or frying pan fires. Pictured below is the Fire Blanket.

NFA is requesting property owners to contact their nearest fire station or NFA headquarters in Suva to learn more about these fire safety equipment.

A little Strike…A misplaced little ﬂame Can take your home away

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curtains or newspaper. • Install lit coils in a stable and heat resistant place. • For optimum protection, use Mosquito coil containers.

MATCHES • Store matches/lighters out of reach and sight of children. • To a child who has been playing with or is curious about fire, calmly/firmly explain that matches/lighters are adult tools. • Teach toddlers to tell you when they find a match/lighter. • Child-resistant lighters are not childproof. Store them safely. • Never use matches/lighters as amusement. Children may imitate you.

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SUVA REALTY MANAGEMENT FOR capital city property owners, Suva Realty Management is at the forefront of professional realty services for residential, commercial and industrial property sales, leasing and management. Under the directorship of principal, Arvin Pillay, they are one of few strata development managers in Suva, with full body corporate management skills and expertise. Many of Suva’s executive homes and apartment buildings come under the management of this dedicated firm, whose expedient handle provides solid returns and convenience for the substantial number of property owners residing overseas. While properties bring in great rental income for owners, it can become difficult and time-consuming for landlords to collect their dues from

evasive tenants, particularly if residing overseas. Suva Realty has long provided a comfortable point of expedience through their savvy management, thorough screening of tenants, utility care and attention to the legal aspects of contracts between both parties. These services include the daily administration of tenancies, body corporate matters, the collection of rental dues and levies, and the coordination of maintenance amongst other provisions.

It has also expanded to new heights with drone photography, as a creative measure to provide its clients with the best real estate images in the highly competitive world of marketing. From its central location at 42 Knolly Street, this real estate innovator also undertakes property development consultations and project and specialist property marketing, backed by a team of some of the industry’s best.

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PROPERTY EXPERTS PROPERTY Experts has a long history of bringing to the market residential masterpieces that weave graceful architecture with recreational considerations. One of the latest projects to join its lineup is Pandana Estate, a rising ecofriendly suburban gem in the leafy hamlet of Voivoi, Nadi. There are 16 residential lots offering a quiet, upmarket existence with countryside living appeal, proposed onsite medical center, bakery, church, orphanage and childcare center and parks to give residents a cocoon of leisure and convenience. The site’s panorama takes in the beautiful Sleeping Giant mountains while retaining proximity to the local CBD, Nadi Airport and an assortment of quality primary and secondary schools and tertiary institutes such as the Fiji National University and University of Fiji. With an economic boom cementing Nadi’s status as a new city in 2017, Pandana offers investors a rare slice of convenient yet uninterrupted living in the town’s most serene landscape. Fittingly, this promising enclave is exclusively listed with Property Experts, an agency trusted by a large base of clients since opening doors in 2001. The family-founded realty house has expanded its services from Nadi with a second office in Lautoka, amid rising demands from clients, many of who are returnee customers and referrals who want the best. Realtors Johnny Singh and Mohammed Tazim Ali lead a team of highly professional sales and administrative staff in Nadi and Lautoka, overseeing an extensive listing of prime properties all over the country.

Given an exceptional track records, listings constitute an increasing rate of supreme properties as far as Koro Island, Bua (Vanua Levu), the Mamanuca and Yasawa islands and all over Viti Levu. Property sales and rentals for residential, industrial, commercial, resorts, holiday homes, subdivisions and land developments are offered alongside property management and free appraisals, giving clients a wholesome transition with confidential and trusted agents. “We are committed to growing and helping improve our industry,” Tazim noted. One of these ways is by getting into new technology and generally improving computing power, which would better allow access and analysis of higher volumes of data more quickly. As a result, real estate companies should be able to deliver more insightful information to the investment community at a quicker rate, allowing them to make better decisions. We are getting to a point where we have the ability to continually access and analyze an abundance of information that wasn’t even available before.” Fluent in three languages, Tazim is reputable for his zestful approach to closing deals for clients, and known as one of the most ambitious and trustworthy agents in the game. “I put my work first in order to deliver what is required. Despite my easy-going personality with all types of people and never shy away from a challenge put forward to me. My philosophy is “Exceed the expectations”. I am committed to providing you with the highest level of personal service, not only for today but for a lifetime. Being part of this industry for more than 10 years

Mohammed Tazim Ali Property Experts Realtor

now, I have continuously improved my skills and broaden my knowledge in this industry.” And as noted by Tazim, increasing demand for properties has raised the competitive nature of the market, particularly with new generations of high-income earners wanting properties of their own. And to cater to the growing needs of customers, Property Experts plans to further expand with a new office in Suva City, as a convenient point for Central division clients. With his vast real estate experience and reputation for exceeding client expectations, Tazim remains a vital part of the reputable team at Property Experts. His zest for helping clients buy, sell, rent or manage their property making him a great choice to take care of any real estate need, and is easily accessible on (679)9993948 or email tazim@propertyexperts.com.fj for further queries.

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For any further information or queries contact us: Goodman Fielder International (Fiji) Pte Ltd. 30 Karsanji Street, Vatuwaqa, Private Mail Bag No. 30 Suva, Fiji Islands Toll free number 0800 338 7777 Email: mana.info@gfinternational.com.au Facebook: @Mana.Sports.Supplements

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SL SHARMA & ASSOCIATES SL Sharma & Associates is a renowned name in the Central division, with a wealth of experience in real estate and property development. The family-owned business has long been a reliable service provider for buying, selling and developing properties and consultancy. At the heart of their professional ethics is a commitment to match their clients with the best deals and value, whether they are looking for a new home, seeking commercial and industrial investments or want to delve into agricultural prospects. Following a successful career as a realtor, Sharma has recently delved into the

development of the Manoca Subdivision in Nausori.

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SL Sharma & Associates offers investors an inclusive package to help them secure loans, or alternatively, offer them loans. Surrounded by parklands, major amenities and the nearby Nausori Airport, medical facilities and great educational institutions with easy

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CHAND’S MEGAHOME MAKEOVERS are a great way to breathe new life into any living and commercial space. Tired, old cabinets, countertops, and decor can make your kitchen look dated and out of style but there are many ways to modernize on a budget and lift the ambience of your surroundings. In Suva, Chand’s Megahome is a specialist waiting to restore the heart of the home. With us, you can renew your kitchen cabinets, counter tops, shelves or just have a new one done. The kitchen cabinets and counters are the focal point of every kitchen space and giving them

a facelift will spruce up their ambience and mirror your taste and lifestyle.

and relaxing personal and work environment.

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We all would love a totally new kitchen, but sometimes it isn’t possible. Budget restraints and time can destroy our dreams. But now look no further, here at Chand’s Megahome Improvement we strive to give the best price and service. Its turning a job to do into a job well done.

While some cupboards are disasters waiting to happen, with cracks in the floor, dated worktops dated, or even clogged sink pipes, getting Chand’s Megahome a quick call can transform your living space, ease your functionality in the home and create a more creative

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ISLAND ACCOMMODATION GOOD travelling requires great shelter, a commitment that has been at the heart and soul of Island Accommodation. These private suites in the capital city of Suva and international gateway town of Nadi combine the convenience of short travel time from the airport with the comfort of professionally serviced private homes in immaculate surroundings. Affordable, modern, spacious, and fully equipped, each complex caters to the complete needs of individual travellers and groups, ensuring a pleasant stay for any type of travel. Their facilities have ensuited rooms and self-contained apartments, with a

conveniently located homestay situated in the centre of Suva’s CBD, with comfortable walking distance to the city’s plethora of shopping complexes, parklands, nightlife, and other recreational hubs. Its suite in Nadi also retains breezy proximity to major amenities and is only minutes away from the country’s main international airport. The property features large cool balconies, comfortable lounges, modern fully equipped kitchens and top of the range BBQ facilities. The accommodation caters for corporate customers, families or solo travellers who can enjoy the laid-back comfort of secure surroundings and parking.

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NEW INDUSTRY RULES PROPOSED WITH sprawling property developments rising around the country, a housing stock outdone by prevailing demands from new generation buyers and incoming legislations, Fiji’s real estate industry continues to undergo a period of substantial change and growth. Realty branch managers, agents and salespersons have been at the forefront of these changes and undertaken several consultative workshops organized by industry watchdogs, the Real Estate Agents Licensing Board for their direct input on proposed regulatory measures. As noted by the Permanent Secretary for Lands & Mineral Resources, Malakai Finau, such workshops have been the best ambit for property professionals to educate themselves on the regulatory requirements and functions of various industry stakeholders and to improve service delivery on both individual and industrial levels. “Property professionals such as real estate agents, valuers, property developers and estate managers all play a pivotal role in developing our housing industry,” he outlined. “Therefore, the onus is on you to provide your services in an ethical manner while maintaining the highest level of professional conduct to effectively contribute in our nations evolving into socio-economic maturity as a developing state.” Legislative proposals are centred on the draft Real Estate Agents Regulations 2017, which seeks to include governing

codes for professional practise, ethics and conduct, regulation of real estate agency work, prescribed real estate agency agreements and continuing professional development.

local economy as it exists in an interdependent mutually benefitting relationship. Thus, a strong economy leads to strong growth in the real estate industry,” Finau highlighted.

These are expected to complement the existing efforts of the REALB and agencies towards professional conduct and upskilling, particularly for an industry that holds such importance to the Fijian economy, as noted by the Permanent Secretary for Lands.

He also dwelled on perceptions surrounding agents.

“The reason being is that it is primarily linked to the performance of the industry in many respects. The real estate industry contributes significantly to the overall economic development of Fiji as an average of 1,500 real estate transactions rake in a worth of $413 million in value and statistics indicate this on an annual basis - the value of real estate transacted gradually increasing. “This underpins the immense worth of the real estate industry to our

“There is a somewhat general mentality that real estate agents hike property prices because of commission. This should motivate you further to prove this general consensus wrong and the only way in line with a code of ethics.” The draft Real Estate Agents Regulations 2017 has Codes Governing Professional Practise, Ethics and Conduct and Regulation of Real Estate Agency Work. The latter includes provisions disallowing agents and salespersons from dually having both a vendor or purchaser nor a landlord and tenant as clients, in respect to the same property. This applies regardless of the consent or agreement of the client or if any or all

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the parties to the relevant transaction, with offenders liable to a conviction or fine not exceeding $25,000 or up to 12 months’ imprisonment. Additionally, real estate agents and salespersons are disallowed from handling any money for or on behalf of any party in relation to the sale or purchase of properties situated in Fiji, with offenders liable on conviction to a fine up to $10,000 or imprisonment not exceeding 6 months. However, agents and salespersons are still able to deliver crossed account payee cheques or cashier’s orders on behalf of any party, in favour of another party to the transaction and still entitled to remuneration or reimbursement for the management, repair or renovation of property, as due under a written contract or authorisation.

While an open market has given vendors and agents the discretion of deciding payable commission, consultations by the REALB have included discussions on standardizing this, although there has generally been opposition, with agents noting the varying lengths of time and effort given to various listings. And given the low inventory of available housing, agents continue to feel the pressure of providing and negotiating the sometimes-tricky agreements between landlords and tenants.

According to Finau, the primary role of real estate agents is to ensure affordable housing to all Fijians. “You must continually look for alternative methods to realize this because housing as a basic right and need is a basic necessity. Fiji’s 2013 Constitution has made this a right for every person to have access to adequate housing and sanitation. “Hence, while the Government is taking steps to make affordable housing available for Fijians, it is also your duty

The draft regulations also provide prescribed real estate agency agreements for the sale and purchase of residential property, an exclusive real estate agency agreement for the sale and purchase of residential property. Excluded from this scope are properties situated outside the country, commercial or industrial properties, actual or proposed collective sale of properties under strata titles, actual or proposed sale by a developer of property developed by the developer pursuant to a license issued to the developer.

as real estate agents to work within the realms of the law and ensure that your industry is unscrupulous dealers,“ Finau added, echoing sentiments of the Minister for Lands and Trade, Faiyaz Koya.

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ALLOTMENT PROCESS BY TLTB AS the centre of all economic activity, agriculture, transport systems and tools of communications, land is an essential mark of wealth and power that few assets can match..

“Schedule A lands are mataqali lands that have been become extinct during the first formal land enquiry in Fiji (by Ratu Sukuna) and Schedule B lands these are unclaimed land during the first formal land enquiry in Fiji (by Ratu Sukuna),” confirmed the TLTB’s corporate communications office.

In Fiji, ownership is divided into Native, Freehold or State (Crown) leases, with each offering varying degrees of duration and tenancy conditions.

This allotment process is to determine the rightful owner(s) and claimants of land and returning it to them.

The Fijian Government’s Lands Ministry administers some 18,000 State leases that cover about four per cent of the country’s total land mass, whereas Native land retains traditional ownership by indigenous Fijian landowning units, and accounts for about 93 per cent of Fiji’s total land mass. And as opposed to individual ownership, Native land is communally owned by extended families (known as tokatoka), clans (mataqali) and tribes (yavusa). An initial Native Lands Ordinance was enacted in 1882, with a Native Lands Act in 1905. In 1936, over 80 per cent of land in Fiji were surveyed and registered under their customary owners, and by 1940, a new administration system for native land was established, known as the Native Land Trust Board, presently known as the I Taukei Land Trust Board (TLTB). These efforts were spearheaded by the late statesman, Ratu Sir Lala Sukuna, and now, some 77 years later, the TLTB’s Reserves Department is geared to complete an allotment process of Schedule A and Schedule B lands by 2018.

According to the TLTB’s Reserves Commissioner, Mosese Ratubalavu, the TLTB is trying to complete the return of all Schedule A and Schedule B lands from the State to landowners by next year. It’s been a lengthy process that began in 2000, when the allotment work was handed over by the Lands Department and formalized through Gazette Notice 1/12/2000, while the reservation of land had been ongoing, under Section 15 of the iTaukei Land Trust Act Cap 134. “This is important as this serves to secure the welfare of the iTaukei landowners by facilitating its purpose to ensure that reverted Schedule A and B lands are judiciously and effectively allocated to iTaukei (native) landowners,” he said. “This is bonded under the iTaukei Land Trust Act Cap 134 (Section 19) and the iTaukei Land Trust (Amendment) Act No 12 of 2002,” he said. “Reserves Department works under this law to ensure that land is reverted to the right parent communal units as well as ensuring that the landless units and the communal units with insufficient land are also catered for,” he added.

Ratubalavu noted that there were 157 parcels of land that are yet to be allotted, with an area of approximately 52,437.50 acres. “Like any other positive initiative as such there are always challenges faced like communication breakdown between landowners and the Provincial Office resulting in non-appearance of claimants, thus meetings are adjourned and rescheduled for another later date, and multiple claimants on one particular lot.” Other challenges can be attributed to geographical location, with overseeing the whole of Fiji and field inspections often merged with reserve sittings (or bubului), and thus resulting in limited inspections. Additionally, the TLTB has to contend with a backlog of allotment cases, due to unforeseen circumstances and confused communal units challenging allotment findings, which is either Holdings or Reserves. Given the sensitive and sentimental ties associated with native land for indigenous landowners, this allotment process is a critical course to determining ownership by landowning units and hopefully settles claims by warring factions.

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of recurring repairs. We understand the importance of proper diagnostics when it comes to waterproofing. This is crucial in providing the appropriate solution for any waterproofing issue. To cater to this need, we have created different fulfillment waterproofing solution products depending on your need. Apco SmartCare Damp Proof designed for exterior use is a fiber reinforced elastomeric liquid used as water proofing membrane. It is formulated with select elastomeric and resilient acrylic polymers and reinforcing polyester fibers. Upon curing, it forms a thick, seamless, durable membrane thus effectively waterproofing a surface. Damp Proof can be used for Terrace slabs, parapets wall, and sun-shade exterior Vertical walls.

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SANDEEPS REALTY SANDEEPS Realty is a company of word of truth and Trustworthy and word of principle. Our company was registered in 2001 but due to some reasons we did not operate. Now we are in action with the team of 3 staffs. We are operating from Nadi Town at SPR Towers. As compared to years back the operational system of Real estate Agents was different and today its advanced with new ideas, with more information provided from Government agencies, ministries and REALB Executives in full support to lift the industry in Fiji. Sandeeps Realty family thanks the board

and all agents who are working hand in hand to make the industry success. To market all the propertys and more land for indiviuals, and for all the citizens of fiji. We urge the government of the day to give approval to the ministry of land to make available and develop more residential lots for poor residents of Fiji. Due to the high cost of residential lots most people are not in position to buy or own lots. Land in the western division is the paradise of our country. We deal with freehold properties lands with beautiful views, large agricultural farms with hilly sections, rivers, creeks, anf fully completed apartments, residential flats and houses. â&#x20AC;&#x153;We can do it for Youâ&#x20AC;?

Property.com fiji is playing marvellous role in marketing and spreading the commitments of Real Estate Agents around this country and aboard, which we benefit. Thanks to you on behalf of all real estate agents. Registered Office Office 1, 2nd Floor, SPR Towers 397 Main St, Opposite ANZ Nadi Town Call us now: (679) 848 3821 (679) 971 9572 P.O.Box 10576 Nadi Airport, Nadi Fiji Email: sandeepsrealty1@gmail.com

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Regulating for Efficient Outcomes was the central theme of consultative workshops organized by the Real Estate Agents Licensing Board in Nadi and Suva. Agents, salespersons and branch managers received critical industry updates from Government representatives and had an opportunity to network.

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