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Home > Property News


Apartment living catches up in Suva City
Apartment living may be a much fancied way of residing in many cities overseas, but this style of living has finally caught up in Fiji’s capital, Suva as well. Early September, real estate company, Harcourts Fiji launched Suva’s first strata titles apartment sale on Knollys Street (minutes away fro ... more

Orton scoops architectural award
Architectural firm, Orton Architects won two prestigious awards at the annual Fiji Association of Architects Awards function at the Forum Secretariat in Suva on Saturday. The firm was the winner of the Main Award for the design of the Royal Davui Resort in Beqa and also the Residential Award for th ... more

Multi-cinema complex for Fiji
The RB Patel Group says it is discussing the prospect of having a multi-cinema complex in its proposed multi million dollar Multiplex development in Martintar, Nadi. RB Patel Group last week awarded the tender of almost $8 million for the construction of Stages 1 and 2 of the multiplex that will in ... more

Construction activity in Nadi remains high
Despite the political upheavals of the past several months which have caused construction activity to slow down around the country, at least one town in Fiji continues to grow. Demand for residential, commercial and retail space in the tourism town of Nadi on western Viti Levu continues to rise. ... more

FTR act needs refining, says realtors
With just six months to go before the Financial Transactions Reporting Regulations (that looks at money laundering and terrorist financing) is implemented in Fiji, some real estate agents have voiced concern on some parts of the act which they believe should be clarified and refined. They feel ther ... more

Land leases under review
Fijis Ministry of Lands and Mineral Resources is reviewing fees and charges imposed on grants of leases, licences, permits & other aspects of its service. In a statement, the ministry said it was necessary to have fees and charges reviewed as it was not revised in the last five to ten years. Accor ... more

Arya Sabha develops Samabula property
The Arya Pratinidhi Sabha is developing the major part of its Samabula property into a commercial zone featuring shopping malls, businesses and also a university. Sabha president Kamlesh Arya said the development is necessary, as it will supplement the Sabhas coffers, which ensures that the Sabha c ... more

Realtors welcome reduced bank rates
Real estate agents have joined retailers in welcoming the drop in interest rates saying it is timely as it would help hundreds of household owners facing repayment problems. Yesterday, ANZ announced a further reduction in interest rates of 0.5 per cent. ANZ's business loan index rate, variable home ... more

Construction work up 16.9 per cent
A construction survey for 2006 reports that the total estimated value of work put in place in Fiji for the year was $316.7 million, an increase of $45.7m. This is equivalent to an increase of 16.9 per cent when compared to the previous year ($271m). The Fiji Islands Bureau of Statistics in its ann ... more

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