Thailand Property Technology Firm Plans to Expand​ Business to Cambodia

• 17 May 2018
• Property Focus
• 2443 Views

A Thailand-based property technology company known as Baania is in negotiations with business partners in order to expand its business in Cambodia next year under a goal to boost revenue 50 per cent from last year, reported The Nation.

Baania is online platform that provides a data analytics such as demand and supply analysis, market predictions, and brand value analysis, to help property buyers and sellers in making the right decision in their investment. For new buyers, it also provides useful data such as home design, price comparison, price history and trend, cost and investment Info, home loan calculation, and bank contact information.

The database lists 13,622 projects with more than 2.26 million houses and 27,291 house designs nationwide in Thailand, and last year drew around 3 million visitors to its website.

Anchana Vallipakorn, chief executive of Baania (Thailand) said in The Nation that firm is in negotiations with business partners in order to expand its business in Laos, Myanmar and Cambodia next year.

This kind of service actually is not new for Cambodia as there are several firms in Cambodia running this kind of property listing service such as CBRE Cambodia and Realestate.com.kh. Therefore, it ends up with a question whether the arrival of the international company will give the positive or negative impact on the Cambodia market.

• Business and Market
• Projects Development
• Urbanization and Architect