Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    Networking

    PropTech

    Remote Work

    Scheduling Software

    Simulation

    Startup

    Storage

    Wireless

  • Banking

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Healthcare

    Insurance

    Legal

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • CISCO

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Enterprise Architecture

    Enterprise Communications

    Enterprise Contract Management

    Field Service

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Product Management

    RegTech

    Revenue Management

Menu
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • PropTech
    Editor's Pick (1 - 4 of 8)
    left
    IP - Powering the Future

    Robert Bollard, CIO and General Manager Innovation & Technology Group, IP Australia

    Proptech: Why It's All About the Customer

    Mark Hansen, Chief Information Officer, DEXUS [ASX: DXS]

    The Rise Of Data in The Infrastructure Sector

    Dan Kieny, SVP/CIO, Black & Veatch

    Know Your Rights Before Buying a Residential Unit in a Mixed-use Project

    Florian Maier, Managing Director, Antares Group

    Emerging Technologies Are Turning Proptech Upside Down and Inside Out

    Stan Fung, Managing Director, Drum Tower Ventures

    Australian Property: The Exception or The Rule?

    Paul Gambles, Managing Partner, MBMG Group

    PropTech's Growing Impact on Real-Estate

    Linda Rudd, Partner and Head of Asset Management Services, Knight Frank Australia

    Trends in Design and Construction

    Patrick Keane, Director, Enter Projects

    right

    PropTech Advancing Towards High Returns Zone

    By Apac CIO Outlook | Tuesday, September 22, 2020
    Tweet

    A mine of opportunities is the sector of PropTech. With informed decisions and some development, the field will reap more than what has been sown

    FREMONT, CA: $20 million was the number of investments PropTech had in 2008; after only a decade, the sector now has a whopping $12 billion investments. With the introduction of highly valued apps attracting the major venture capitalists, the buzz around PropTech is becoming more frequent with each passing day. 

    The latest wave of PropTech 3.0 has presented opportunities that are disrupting real estate and its underlying fundamentals on which the industry functions. The third wave is the most exciting phase of Proptech, which has enabled growth among startups to a level where it stands challenging the very fundamental principles. With the future dependent on it, the prospects the industry brings are countless. Some of its popular openings for solutions are:  

    • Mortgage Tech:

    Mortgages are time-consuming, complicated, and extremely paper-oriented; it is ready for a tech intervention. By bringing together the buyers, sellers, agents, lenders, and property valuers into a common platform, the lagging in the loan process can be reduced significantly. It is a great time to start digitizing the process, as several thousand vendors across the globe are started embracing the change.

    Between the tedious process of renting and owning, the co-ownership models can disrupt traditional mortgages. These models dictate some changes like the occupier can deposit some equity to own a percentage of the house and will pay rent proportional to the remaining capital. The homebuyer has the option of investing more in the house in comfortable factions, and the tech associated with it will automatically facilitate valuation. By conducting the automated valuation process immediately, human errors can be avoided, and the transparency in the percent of ownership is assured. 

    Check Out: Top Proptech Companies

    • Tokenization:

    Tokenization of real estate involves fractionalizing the ownership of physical assets digitally on to a blockchain. The benefits of this process are innumerable, with the most important one being the ease of liquidation. By implementing tokenization, the assets will be open for investments in retail, allowing revenue flow. The investors can invest in a part of the building, without having to shed more equity. With increased transactions of lower amounts, blockchain can adequately handle the finances. 

    Crowdfunding platforms have been around in real estate for quite some time. It has catered to the niche accredited investors only, with the increased attention on the sector, the idea has the potential to build interactive public real estate startups. These exchanges encourage more participation, allowing quick ownership transfers at the end of the fingertips and a low cost. The crowdfunding platform will not only enable the creation of an enormous, liquid, and highly transactional market of real estate interests but also radically alters the perception of the industry. 

    • Housing as a Service:

    A refreshing tide of technology-based platforms will facilitate the implementation of real-estate as a service. The service efficiently utilizes the living and working spaces while also increasing the connectivity and social collaborations. Co-living is a new way of living among students, young professionals, and first-time renters. The trend of independent living without restraints have increasingly resulted in abandoning the idea of asset ownership to move towards an on-demand economy. Housing is continuously transforming from a valuable asset to a product, and lately, it is a service, which the tech companies are eyeing on. This acquisition will optimize the processes in real estate in the same way e-commerce optimized shopping. 

    Check out: Top PropTech Solution Companies in Apac

    tag

    Startups

    Weekly Brief

    loading
    Top 10 Cyber Security Service/Consulting Companies - 2020
    Top 10 Cyber Security  Companies - 2020

    Featured Vendors

    I-Sprint Innovations

    Dutch Ng, CEO

    HP

    Richard Bailey, President - Asia Pacific & Japan (APJ)

    ON THE DECK

    Cyber Security 2020

    Top Vendors

    Cyber Security 2019

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Key Cybersecurity Challenges in 2021

    Key Cybersecurity Challenges in 2021

    Unleashing the Potential of ERP Systems

    Unleashing the Potential of ERP Systems

    Cloud-Based AR/VR Technologies Transform the Retail Sector

    Cloud-Based AR/VR Technologies Transform the Retail Sector

    How Credible is Cloud Storage Security?

    How Credible is Cloud Storage Security?

    How Internet of Medical Things Changing the Facets of Healthcare

    How Internet of Medical Things Changing the Facets of Healthcare

    IoT and the Challenges it Faces

    IoT and the Challenges it Faces

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/proptech-advancing-towards-high-returns-zone-nwid-7000.html