Proptech is beginning to become a buzzword in real estate markets as the industry looks to change how real estate is managed, transacted and recorded; Asia-Pacific based proptech companies have raised more that $4.5bn since 2013; the South China Morning Post points out some of the key trends in Hong Kong’s proptech market; coworking spaces are beginnings of be utilized more as the approach helps to spur innovation; big data analysis helps agents to connect buyers and sellers; digital tools are being used more for buyers and sellers; blockchain technology for title registration is starting to take shape, though regulators need to catch up to technology as current law doesn’t allow for blockchain based titles. Source.
