The iProperty Group opened the door for property seekers to tap into the world's property market via the launch of a unique global property network on Thursday, July 29, as reported in Borneo Post.

iProperty Group said the unique global property network provides a new experience which allows consumers to search for international properties from 56 countries across Europe, the Americas and the Asia-Pacific region by using a site they know and love.

New global listings experience will feature on the iProperty Group's core sites in Malaysia, Hong Kong, Indonesia and Singapore.

The online property portal owned by REA Group said with more than 3 million listings at the launch, the network is now the largest source of global property in the world.

Commenting on the launch of the new global property network, REA Group's chief operating officer of International, Arthur Charlaftis said, "Owning property continues to be a dream for many people and the iProperty Group has now opened up a world of opportunity for property seekers.

"Through iProperty's recent Asia Property Market Sentiment survey for the first half of 2016, we know that there is a strong appetite for overseas property investment in the Asian market, with key destinations including Australia, United Kingdom and even New Zealand.

"This new global property network also creates opportunities for developers and agents who will now be able to show their listings to property buyers and investors on the other side of the world," Charlaftis said.

He further noted the survey revealed that interest in purchasing properties overseas remained high, with many respondents citing migration, favourable currency rates and economic slowdown as key factors driving the trend.

REA Group's chief executive officer Tracey Fellows said, "We're providing consumers with a way to explore property around the world from the site they already know and trust.

"People love looking at property and now they can have easier access to international listings, whether they are interested in a beach house in Jamaica, a warehouse in Brooklyn, a villa in Thailand or even a castle in the French countryside".

Additionally, REA Group's chief economist Nerida Conisbee, said, "There is little doubt the global property market is becoming more accessible and people are continually open to the concept of offshore investments.

"There are a number of reason why people may look to buy property overseas including holiday homes, investments, or accommodation for a child studying abroad.

"Not everyone is going to be able or is interested in purchasing property overseas, however it's fascinating to see what is selling around the world.

"With this platform consumers can now see how local market property values compare to other parts of the world," she said.