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Woh Hup unit launches VC fund, invests in co-living startup

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"As property developers ourselves, we've observed the increasing need to integrate technology into day-to-day spaces to increase productivity and efficiency of brokerage and leasing transactions, to allow owners to focus on face-to-face interactions. - Aurum's Ms Yong.

Singapore

WOH Hup unit Aurum Investments has launched a double-digit multi-million venture capital fund, and invested US$1.5 million in seed funding in co-living startup Hmlet.

This comes amid a growing trend of traditional property firms dipping their toes into property technology

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