Property technology, or proptech, takes leading-edge tech tools like cloud computing, AI, VR and blockchain to the real estate space. These technologies allow brokers, agents, lenders, developers and consumers unprecedented speed and precision in their real estate endeavors. Here are some of the proptech companies helping to expand Singapore’s growing real estate sector.
Proptech Companies in Singapore to Know
- MetroResidences
- Propseller
- Ohmyhome
- REALly
- Kucing
Top Proptech Companies in Singapore
MetroResidences operates a platform for apartment rentals and property management services. Catering to individuals, particularly expats and business travelers, the company offers serviced apartments across Singapore for short-term rentals and long-term leases, with more than 400 locations. MetroResidences includes housekeeping services that are provided weekly.
Propseller provides all the features of a traditional real estate brokerage through a team of agents that combine digital and in-person services. Propseller uses data to streamline the sales process and dial in exactly which buyers are most appropriate for a listing, as opposed to mass showings or open houses. The company’s pricing aims to be clear and transparent, with fees running about half those of traditional brokers.
Ohmyhome is a tech platform for real estate property transactions. Founded by two sisters who operate as CEO and CPO, the company offers facilitation for rentals, sales and purchases, renovations and home valuations. The company boasts excellent sales rates, claiming that 73 percent of properties sell above the market average.
REALly’s B2B real estate marketplace platform brings the SaaS model to the real estate industry. The platform serves real estate professionals with numerous options for specific property management and transaction contexts, such as managing chain retail properties, co-working spaces, restaurants and industrial sites, purchasing residential properties and organizing procurement processes for corporate real estate purchases.
Kucing offers a proptech app that connects real estate customers directly with homeowners, bypassing brokers and agents in the sales and rental processes. This peer-to-peer model for property transactions is designed to reduce the expense and hassle of selling, buying or renting a home, with critical features like scheduling showings, bidding and buyer research provided through the Kucing app.
