Source:
https://scmp.com/business/companies/article/1692754/property-start-spacious-ready-regional-rollout
Business/ Companies

Property start-up Spacious ready for regional rollout

Are these flats overvalued?

The website Spacious started in mid-2013 with an ambitious target - to shake up Hong Kong's online residential property market by introducing a higher level of transparency into listings and taking some of the pain out of renting or buying a property. Now after 18 months of tweaking the site, Spacious is poised for its next big step, which is to roll it out in Asia. Co-founder Asif Ghafoor told Lai See that Spacious (www.spacious.hk/en) would shortly list Singapore properties and later those in Taiwan.

Ghafoor says traffic to the site is growing at a rate of 25 per cent month on month or 1,600 per cent a year. He is particularly pleased that Savills Hong Kong, one of the biggest agents in the city, has recently signed up and another big agent is expected to join shortly.