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2 MARCH 2018 HOW PROPTECH IS TRANSFORMING THE REAL ESTATE INDUSTRY ExaStrata solutions Providing Solutions for Real Estate Presented by : Sr Adzman Shah bin Mohd Ariffin BSc Urban Estate Management (UK) FRISM MRICS MPEPS MPIPPM V489 E1467 CEO / Chief Real Estate Consultant ExaStrata Solutions Sdn Bhd

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Page 1: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

2 MARCH 2018

HOW PROPTECH IS TRANSFORMING THE

REAL ESTATE INDUSTRY

ExaStrata solutions

Providing Solutions for Real Estate

Presented by :

Sr Adzman Shah bin Mohd Ariffin BSc Urban Estate Management (UK) FRISM MRICS MPEPS MPIPPM V489 E1467

CEO / Chief Real Estate Consultant

ExaStrata Solutions Sdn Bhd

Page 2: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

METAMORPHOSIS OF TECHNOLOGY

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Page 3: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Metamorphosis of Technology

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Page 4: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Digital technology is changing the way we plan, build, maintain and use our social and econo

mic infrastructure. Property technology refers to all aspects of innovation and how it mpacts t

he built environment. This includes software, hardware, materials or manufacturing. ‘

PropTech' is a general all-encompassing term, but also refers to the small start-ups that are

using technology to address market problem.

(Royal Institution of Chartered Surveyors, UK)

It refers to the wave of companies ‘using technology to refine, improve or reinvent the servic

es we rely on in the property industry to buy, rent, sell, build, heat or manage residential and

commercial property”

(Reader, 2017).

What is Property Technology

Page 5: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

“More than half of marketers who've been using social media for at least

2 years report it helped them improve sales”

(Social Media Examiner, 2015)

“60% of over 1000 survey respondents expect their corporate

earnings to increase in the coming year”

(The Annual Report on IT, 2017).

Impact of Technology on Business Performance

Page 6: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Transformation is imminent ……

Be ready to embrace Property Technology ……

Transformation in Progress

Page 7: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Traditional Role of Real Estate Agent/Negotiator

Page 8: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Google Earth and Google Street View

Page 9: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Using Drones for Real Estate Photography/Survey

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Page 10: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Using Drones for Real Estate Photography

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Drone Video In Real Estate

Page 11: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Sismaps – Planning Check Apps

The above apps is available in Google App Store

Page 12: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Launching Real Estate Website

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Page 13: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Explore Properties in Virtual Reality

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Page 14: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Explore Properties in Virtual Reality

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Virtual Reality Video In Real Estate

Page 15: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

TECHNOLOGY FOR PROSPECTS

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Page 16: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Finding the Agent who meets your needs

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Page 17: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Discover homes that match your lifestyle and taste

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Page 18: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Buy a home without a real estate agent

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Page 19: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Google ‘House Prices’ plug in

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Page 20: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Periscope-based Viewings

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Page 21: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Brokerage app hiring top talents from tech giants

like Google and Twitter.

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Page 22: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Speed Rent Apps

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Speedrent is an application platform for landlord and tenant to rent direct. It also automates

processes and tasks that property agents traditionally do for them. With that, Speedrent

makes home renting DIY easy!

With that, all steps and procedures that once required a property agent, paperwork, and

numerous phone calls, are now accomplished with a couple screen taps within our Mobile

App.

By giving users control, clarity, and immediacy, your rental

experience will almost feel like you’re checking into a hotel

for the night.

Page 23: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Rental and Property Management

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Property management is the operation, control, and oversight of real estate as

used in its most broad terms. Management indicates a need to be cared for,

monitored and accountability given for its useful life and condition. This is much

akin to the role of management in any business.

Page 24: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Visitor Management System

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Visitor Management (VMS) On-Demand takes the hassle away from your current m

anual system and puts control back into the hands of your organisation ensuring you

can meet your compliance obligations around visitor, contractor and staff safety,

evacuations and asset protection.

Page 25: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Property Transaction Data Websites

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Page 26: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

How WeChat came to rule China

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China’s most popular messaging app, WeChat, has always had a close relationship

with the Chinese government. The app has been subsidized by the government sinc

e its creation in 2011, and it’s an accepted reality that officials censor and monitor

users. Now, WeChat is poised to take on an even greater role: an initiative is underw

ay to integrate WeChat with China’s electronic ID system.

Page 27: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Room rental apps

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Manage your property anywhere

Control is now in your hands. With our igloohome app,

grant access to visitors even when you are away from

home. Take your pick of our smart locks or keybox - our

app manages all of them.

Page 28: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Room rental apps

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The convenience of smart living

No more lock-outs, and no more endle

ss waiting for the handover of keys. If

you’re an Airbnb host, we can even au

tomate check-in and check-out for you

. The smart lock goes premium

No more lock-outs, and no more endl

ess waiting for the handover of keys.

If you’re an Airbnb host, we can even

automate check-in and check-out for

you.

Page 29: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Google search has a built – in mortgage calculator

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Page 30: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

Mhub

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Know Earlier with Credit Check

Make informed decisions with visibility on buyers' credit score.

Close Gaps in Property Sales

Speed up, simplify, save cost and be assured of security. Yes, you

can.

Sell Easier with Showroom

Arm your sales teams with the tools to close the deal.

Act Faster with Loan Tracker

Connect buyers to bankers as soon as booking is made. Bankers

get warm leads, developers get loan status updates.

Page 31: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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SMART BUILDING

Page 32: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

32 Controller (Controlling and monitoring data)

Decision

making

Receiving Analysing Action

(Result)

Property Manager

Usage of Big Data and Analytics

Page 33: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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Building Information Modeling (BIM)

Page 34: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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Smart Building Apps

Smart Building

VIDEO OF SECURITY

Page 35: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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Motion, light and climate sensors

Smart Building

Sensors can operate by movement, weight or vibrations.

Sensors are, as the name suggests, devices designed to 'sense' changes

in the environment in and around your home. Sensors can be used to det

ect changes in temperature, light levels, motion and weight, among other

things. Using the signals sent back from sensors, your home automation

system can decide what sort of functions need to be activated, and when.

Page 36: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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CHALLENGES IN EMBRACING PROPTECH

Page 37: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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• Issue of compliance

• Privacy Intrusion (PDPA)

• Security protocols

• Big investment in technology and constant updating to keep up

• Speed in meeting expectations

Pitfall / Challenges in PropTech

Page 38: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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HOW TO MAXIMIZE USAGE OF PROPTECH

Page 39: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

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How to Maximize Usage of Proptech

As Technology evolves, so must you. Start adapting and embrace PropTech.

Increase your hardware and software budget.

Utilise Property Portals and post viewing on website and social media.

Make viewings more interactive.

Take advantage of available Apps and Tech.

Page 40: ExaStrata - Malaysian Institute of Estate Agents · 2018-03-06 · ExaStrata Solutions Sdn Bhd E-5-4, 4TH Floor, East Wing Subang Square, Jalan SS15/4G, 47500 Subang Jaya. Gen Line:

END.

Thank You.

Wassalam.

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ExaStrata Solutions Sdn Bhd

E-5-4, 4TH Floor, East Wing Subang Square,

Jalan SS15/4G,

47500 Subang Jaya.

Gen Line: 603 56367686/ 603 56327686

Fax : 603 56131686

Email : [email protected]

VE (1) 0276

ExaStrata

solutions Providing Solutions for Real Estate

ExaStrata (Est. 2013)

TRAINING ACADEMY