China’s largest real estate focused spatial acquisition reconstruction service platform, Beike Realsee is providing Malaysia-based Jalin Realty with its 3D reconstruction technology through what is touted as a landmark agreement.
Realsee will work with Jalin to distribute its VR technology across Malaysia, Indonesia, Singapore, and Hong Kong SAR, and in doing so help redefine the residential service experience for consumers across the region, and accelerate the trend towards digitalization across the global real estate industry.
Jalin’s CEO Ian Chen said that in response to Malaysia entering a post-epidemic recovery phase, Jalin in partnership with Realsee would be offering free VR capture and display services for six months in selected markets.
Jalin has a 30-year experience in international real estate, with offices in China, Malaysia, Singapore and Indonesia. The firm offers end-to-end services for international real estate transactions, covering listing classifieds, real estate management, investment, and consultancy.
Cross-border real estate transactions is still in a nascent stage, technology will play a vital role in transcending time and space for buyers and sellers around the globe, with this trend highlighted by the recent epidemics has been accelerated by emergence of Covid-19.
Realsee’s parent company Beike has provided what they tout as a new benchmark for the power and application of VR technology across Chinese real estate and home services, and Jalin is seeking to replicate this success across Southeast Asia.
As a pioneer in large-scale spatial reconstruction and VR technology Beike has launched an array of applications allowing agents to deliver better service including 3D tours, Audio guided 3D tour, and “Future Home” AI powered interior decoration technology.
In 2020, the daily dwell time on VR property listing increased by 270%, the daily dwell time on VR listings at over 220,000 hours, total VR visits passed 1.29 billion.
Beike Realsee is now making its VR technology available overseas, partnering with leading firms from around the world. As of March, Realsee’s VR technology is available online in over 188 cities in 14 countries, bringing to life more than 10 million spaces, representing the world’s largest VR housing database.