{"id":112442,"date":"2019-11-18T09:53:14","date_gmt":"2019-11-18T02:53:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/digital-platform-showsuites-allows-for-faster-booking-of-homes\/"},"modified":"2019-11-18T10:08:35","modified_gmt":"2019-11-18T03:08:35","slug":"digital-platform-showsuites-allows-for-faster-booking-of-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/digital-platform-showsuites-allows-for-faster-booking-of-homes\/","title":{"rendered":"Digital platform, Showsuites, allows for faster booking of homes"},"content":{"rendered":"


\nThe digital booking platform not only helps to reduce hundreds of thousands of sheets of paper, but it also helps to trim the average booking transaction time by half.\u00a0
\nSince August 2018, more than 1,000 units and US$1 billion (S$1.36 billion) worth of new houses were booked via digital booking platform, Showsuites.
\nVia the platform, transactions are done paperless, and a buyer\u2019s particulars can be recorded digitally prior to the expression of interest stage. This has helped to trim\u00a0the average booking transaction time to one-and-a-half hours compared to three to five hours via the conventional method, reported The Business Times.
\nAt Sengkang Grand Residences\u2019 recent sales launch, 216 units were booked in two days with property agents carrying out the transactions using Showsuites\u2019 iPad application.
\nThe 99-year leasehold project is a joint project of CapitaLand and City Developments Limited (CDL).
\n\u201cWith Showsuite\u2019s platform, we are able to enhance our homebuyers\u2019 experience by reducing the average transaction time. At the same time, the initiative supports our sustainability and resource conservation commitment by reducing paper usage,\u201d said CDL group general manager Chia Ngiang Hong.
\nAside from reducing the average transaction time, Showsuite\u2019s technology \u2013 which is used by developers like CEL Development, Roxy-Pacific and MCL Land as well \u2013 also allows developers to manage their inventory and track progress payments.\u00a0
\nSome notable residential projects that have harnassed Showsuites platform include Parc Komo, Margaret Ville, and Whistler Grand.\u00a0
\nShowsuite also has an online portal for new housing units that taps virtual reality and 3D technology.
\nShowsuite chief executive office Karamjit Singh revealed that the company is looking to solve \u201cseveral more key problems connected to new home sales to help developers, agents and home buyers\u201d.
\nFirst on the list is a secure digital payment solution for the first 5% booking fee.
\n\u201cWe will be rolling out a QR code solution very soon, working with the major banks, which would help home buyers who prefer the convenience of making digital payments,\u201d said Singh.
\n\u201cThe next step would be to introduce a digital option to purchase (OTP), the document that developers would need to sign to formally award a unit to the buyer.\u201d
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Digital platform, Showsuites, allows for faster booking of homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The digital booking platform not only helps to reduce hundreds of thousands of sheets of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112442","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tfA","jetpack-related-posts":[{"id":118154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forett-sells-30-of-units-at-weekend-launch\/","url_meta":{"origin":112442,"position":0},"title":"Forett sells 30% of units at weekend launch","date":"August 11, 2020","format":false,"excerpt":"\r Artist\u2019s impression of Qingjian Realty and Perennial\u2019s freehold development Forett At Bukit Timah, which launched for sale on 8 August 2020 with Singapore\u2019s first Virtual Booking Day. 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