is well known in Singapore property circles as the founder of OrangeTee. Now he is back with his new venture, whyborder, which is a specialised real estate portal for buyers of international property.
Loo has been in the real estate industry for multiple decades. From starting OrangeTee in 2000 and selling properties overseas in various regions, he now brings his expertise into launching whyborder which opened in February 2021. “We want to increase the transparency in any property transactions. That is why when you get into the portal, you get to see the daily international property news update, then you get to see legal advice free of charge in our portal here,” he said.
“They travel to Bangkok for the day, Friday, Saturday and Sunday, then they come back to Singapore or Hong Kong to get back to work. Bangkok is actually a unique market, there is the weekend homes segment you get to see,” he added. “The pandemic actually made our portal actually launch quicker. Through this virtual tool that we have, we allow the user, the investor, to invite the selling agent or the developer to go into the tour together with them,” he said.
Apart from saving time, it also enables all included parties to negotiate the deals real time. Loo said that they have recently closed a deal within a few hours after doing a virtual tour with a client.
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