Proptech leader OKAY.com expands amid market downturn

HONG KONG,Nov. 21,2018 -- OKAY.com announced the grand opening of its newest office,a co-working style hub in Causeway Bay today,the third office for the proptech agency. OKAY.com already covers most of Hong Kong Island and many other districts across the territory via its online presence and mobile agents. The new office extends OKAY.com's physical coverage to Causeway Bay,Wanchai and Happy Valley and is part of the company's strategy of establishing multiple satellite offices to facilitate easier processes for landlords,clients and agents in the different districts.

(start from left) Benny Hui,OKAY.com Business Development Director,Belinda Woo,OKAY.com Director - Residential Division,Torbjorn Dimblad,OKAY.com CTO,Joshua Miller,OKAY.com CEO,Lily Wong,Andrea Ott,OKAY.com Director - Residential Division.

In-line with its headquarters in Central,the new office employs a hotdesk platform for its agents to maximize efficiencies,enabling the company to pay higher commissions to its agents. This is consistent with OKAY.com's mission of creating leading mobile technology for real estate professionals to better serve property owners and homeseekers.

To celebrate the opening of its new office,OKAY.com held an informal opening ceremony with guests from many of Hong Kong's leading developers attending.

"Since starting OKAY.com in 2011,we have steadily built something that we believe to be special," said Joshua Miller,CEO. "Our mission is simple-- to redefine what a real estate agency does for all stakeholders in the industry-- property owners and developers,homeseekers and investors,and the real estate professionals that bring them together. This office extends their ability to serve their clients even more effectively."

In response to the downturn in the market,Miller responded: "OKAY.com has grown by focusing on 3 things: Innovation,Information and People. The recent market slowdown creates more opportunity for buyers who have been standing on the sidelines. With people increasingly searching online,we want to also create opportunities for the right real estate agents to help them."

OKAY.com is known for its award-winning website,designed to make it much easier for homeseekers to find their desired properties while searching through thousands of live property listings. OKAY.com's latest website launch also allows clients to save time by receiving automated notifications when properties of interest come on to the market.

"We have been committed to accuracy of our data from the start," said Torbjorn Dimblad,the company's CTO. "Time wasted browsing false and duplicate listings has been a major pain point for people looking online for properties. We are proud of the automation we have built into our platform to ensure our website and agents are updated in real-time. With accurate data,we open up numerous opportunities for institutional and individual consumers of real-estate data and we are in the process of building these analytics tools."

About OKAY.com

OKAY.com is an online real estate agency,its name meaning"home" in Cantonese. OKAY.com employs a new business model that leverages proprietary technology to create new tools for agents and to aggregate property data. With over 100 agents it is one of the fastest growing proptech companies in Hong Kong,with plans to expand in that market and to other markets in the region. Please visit www.OKAY.com to find out more about our people,clients and solutions.

Photo - https://photos.prnasia.com/prnh/20181121/2306632-1