PropertyAccess bags $89,000 U.S. in investment

19 Jul 2018

Tokyo-based investment property site PropertyAccess has bagged 10 million yen ($89,000 U.S.) in investment from PropertyAgent

Announced on Tuesday, the investment will see PropertyAgent benefit from PropertyAccess’ real estate market knowledge in more than 10 Southeast Asian countries. The site also raised an undisclosed amount from proptech firm Tateru, Sankei reported.

The investment property portal was launched in March. It uses artificial intelligence and deep learning technology from Japan and Singapore, to make the process of buying and selling property smoother. It has offices in Japan, Singapore, the Philippines and Malaysia.

Unlike RakuMachi.jp, Rare-One.jp, ReThink Tokyo and JikaPro — that showcase income-producing properties in Japan for overseas and local investors — PropertyAccess features investment properties from the Philippines, Malaysia, Thailand, Cambodia, Vietnam and England, for Japanese investors.

Tokyo-headquartered PropertyAgent also runs a real estate trading site FujiTaro.

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Tariq Ahmed Saeedi

Tariq Ahmed Saeedi writes stories on sharing economies in Asia – particularly Japan, Taiwan, Vietnam, Korea, Pakistan, Bangladesh and Iran. He joined the AIM Group in January 2016. Tariq is also a spotter, monitoring global marketplace industry’s updates. He carries more than 15 years of writing experience. Tariq frequently contributes economic/tech news and analysis to a daily The News International and a magazine. He has also written features and interview articles for various other publications and some of his write-ups have been cited for references in reports by the World Bank and archived in Florida Institute of Technology’s library. Tariq has also narrated corporate website content for Audi importer in Pakistan and others. He started his career from a television’s current affairs department in 2003 and later joined the country’s premier news agency Pakistan Press International.