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SoRealProp seeking up to S$5m to fund growth

It wants to go beyond the agent market to consumers, banking partners and other advisory firms

Published Sun, Oct 25, 2020 · 09:50 PM

Singapore

DIGITAL platform SoRealProp - which is backed by top real estate brokers ERA, Huttons and PropNex - is looking to raise up to S$5 million for its next stage of growth to expand to the consumer market and partner with more banks and agencies.

Started in 2018, SoRealProp allows agents using the portal to generate for their clients reports on market and price trends to compare individual houses as well as projects.

It now seeks to raise capital from strategic investors, said SoRealProp acting CEO Leong Si Ngah on Friday. Capital raised will be used for research and development of products to…