Center for Technology / Digitalization in Real Estate

CTDRE - “PropTech” (property technology) or “RETech” (real estate technology) industry characterised by several disadvantages compared to other industry, and it is crucial for the industry to understand whether this technology distrusts the industry or complements the business process. The emergence of PropTech start-ups has led players in the industry to re-evaluate their corporate approach to align the process with possible threats to the current business model. CTDRE suggests that PropTech is entering the waves whereby the progress in digital technology is characterised by each wave. The center indicate that digital technology may not disrupt the industry completely, but has significant potential to enhance productivity and efficiency as a complement to the industry.

Vision

• Manage and create a road map for digital transformation covering all stages from strategy to execution

Mission

• Create an eco-system through Digital platform and offerings
• Bring in Professionalism in showing the Real time data
• Value creation through Tech in Prop

Methodology

• Information, analytics, and online marketplace services
• Online real estate buying due to the pandemic
• Global property information, and data-enabled solutions

Outcome

• Online real estate marketplace services, including assisting individuals in the purchase or sell of home
• Provides title and settlement services; originates and sells mortgages; and buys and sells homes
• Framework for buying a home with a robust site for renting a home, giving all a comprehensive view of strategic options
• Using of Big Data and CRM along with AI, Machine Learning and Predictive analytics for Clients, Community