OrangeTee transforming into 'TechProp' company
Unlike proptech, 'TechProp' firms are broader in scope and disrupt themselves to survive in the Digital Age
Singapore
MANY people have heard of proptech (property technology) these days, but real estate agency Orange Tee & Tie has a vision to become the first "TechProp" company in Singapore, and potentially the region at some point.
Speaking at a business conference on Wednesday, the firm's managing director Steven Tan explained the key difference between the two terms.
"PropTech companies usually focus on narrow functions or segments with high friction level or those underserved by traditional real estate companies.…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore Q1 industrial rents rise further 1.7%, as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Lucrum Capital looks to sell Killiney hotel site for S$195 million
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction