>

>

Reidao and Pacific Star Development in holiday properties tie-up

By Charlene Chin

/ EdgeProp |

May 4, 2018 6:49 PM SGT

Join our Telegram channel and follow our Facebook for the latest update.

Blockchain start-up Reidao has partnered Singapore listed Pacific Star Development (PSD) to ride the latter’s expertise in evaluating holiday properties that are worthwhile to rent or purchase.

Reidao will build its portfolio of holiday assets on Crowdvilla, a non-profit platform under the startup that allows users to share ownership of properties in major tourist destinations by paying for them in Ethereum.

PSD’s collaboration with Crowdvilla is subject, however, to the latter’s ability to raise US$50 million ($66.6 million) through crowdsourcing.

If successful, PSD will help Crowdvilla source for and evaluate hospitality properties, with the aim of building up a substantial global property portfolio. The holiday properties targeted by Crowdvilla lie in the price range of US$100 to US$200 a night, factoring in location, size and ratings by prior users.

In the first phase, PSD will focus on Asian properties in popular tourist destinations. The list includes Kuala Lumpur, Bangkok, Jakarta, Bali, Phuket, Tokyo and Hong Kong. In the second phase, PSD will evaluate hospitality properties in Europe, the Middle East and the US.

Tags:

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Kingsford sells 30% of units at The Hill @ One-North, with average price of $2,595 psf

2

Residential transactions with contracts dated April 2 to 9 [DONE DEALS]

3

The Hillshore sells three units by placement at an average price of $2,626 psf

4

Zion Road residential site triggered for sale at a minimum bid price of $604.57 mil

5

Resale condo prices in the CCR climb 3.7% q-o-q in 1Q2024: OrangeTee & Tie

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00