Taking digital route to book new homes cuts transaction time for bookings

Singapore

OVER 1,000 units and US$1 billion worth of new homes were booked since August last year through a digital booking platform by proptech firm Showsuite, which helps to cut down the average booking transaction time by going paperless.

Since the majority of a buyer's particulars can be recorded digitally during the expression of interest stage, the average booking transaction time at a property launch is reduced from three to five hours using the conventional method, down to one-and-a- half hours, Showsuite estimated.