reidao
TRANSCRIPT
Digitising Real Estate OwnershipDarvin Kurniawan (The Idea Guy)
David Chandra (The Real Estate Guy)
Hendrik Tanjaya Tan (The Technical Guy)
Mentor: Choong Tuck Oon (Director, NTUC Income)Note: All images used without permission. Do not disseminate.
Presentation for
Platform Overview
Platform Overview
Platform Overview
Platform Overview
Platform Overview
Business Model Canvas - The Beginning
Millennial PMETProperty Developers
Access to New Sales Channel
Access to Real Estate Opportunities
Property Agency
Transaction FeeListing Fee
Trust CompanyLegal FirmProperty ManagementCompanyDistributed Ledger Tech - BlockchainWeb Presence
Number of Interviews - 47
Key Learning PointsGood to have might not make a strong caseNeed in inheritance nicheNeed in non-profit niche
Business Model Canvas - Enlightened
Older IndividualsTransaction FeePlatform Maintenance Fee
Trust CompanyLegal FirmProperty ManagementCompanyEstate Planning Firm
Family Harmony
Impact Investing
Community BasedPhilanthropy
Dedicated Assistance
Distributed Ledger Tech - Blockchain
Market Sizing - Inheritance (Number of Deaths)
TAM - ~ 47MGlobal deaths in 2015, Age 30 and up
SAM - ~ 23MDeaths in upper middle and high income countries in 2015, Age 30 and up
Target - ~ 9M Annually~ 40% have willsRecurring Platform Maintenance RevenueSource: WHO, surveys on wills
Singapore - ~ 1,140
Market Sizing - Inheritance Beachhead (Singapore)
TAM - ~ 20,000~20,000 deaths in 2015
SAM - ~ 2,850~5% deaths below age 40~30% lives in private propertyDivide by two (assume husband & wife)Source: SingStat, URA, survey on wills
Target - ~ 1,140Assume 40% have willsMedian property value $1.1M~ $ 1.25B Total Value~ $ 6.25M Annual Cumulative Revenue0.5% Annual Platform Fee
In Perpetuity
Next StepsProof of Concept with one propertyDevelop product UI/UXPromote to beachhead market
Thank You!Question?