why real estate crowdfunding could be the next big thing

www.CoAssets.com South East Asia’s First Real Estate Crowdfunding Platform1

Why Real Estate Crowdfunding could be the

next BIG thing

Getty GohCEO & Co-Founder


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www.CoAssets.com South East Asia’s First Real Estate Crowdfunding Platform

Imagine...


$1,000,000

$500,000

EmploymentAffordable HousingCommunity Building


W.I.I.F.M.(What’s.In.It.For.Me)


AttractiveReturnsEmpowerment

Access toExclusive Deals


It is NO LONGER just a concept

That was a genuine deal that happened in Apr 2014


25 Apr 2014: S$700,000 pledged in 1 hour


Brief Introduction – Background

• CEO & Co-Founder of CoAssets. We are South East Asia’s First RE Crowdfunding platform

• CoAssets.com is funded by the Media Development Authority (MDA) of Singapore under the iJam Reload scheme

• Director of Ascendant Assets – a real estate think tank

• Education:– Masters of Science (Real Estate) from National University of

Singapore– Bachelor of Science (Building) from National University of

Singapore


CTO – Dr Seh Huan Kiat• Received his PhD from MIT• Received his Degree from Imperial

College• Worked at Intel for 6 years


SMART Expo 2010

Steve MelhuishPropertyGuru

Mhd IsmailPropnex


Real Estate Crowdfunding

vs. Real Estate Coinvesting – what’s the difference?


There are 2 main differences


The other difference?


Crowdfunding in Asia – a

different ballgame


Crowdfunding in Asia• There is NO JOBS Act in Asia• Crowdfunding sites that want to come to Singapore will

have to comply with:– Company’s Act (Not more than 50 shareholders)– Securities & Futures Act– Estate Agent Act (specific to real estate transactions)

• Real estate investment is exempted from the Securities & Futures Act

• How funds are raised comes under Securities & Futures Act

• US Firms keen to start in Singapore can consider adopting a PE model

• So how do we do it…?


Get a Legal Opinion


Crowdfunding in Asia• Unlike some of the crowdfunding websites,

CoAssets does NOT handle money • CoAssets is a targeted leads generation site –

allow Opportunity Providers (i.e. developers, funds, other RE crowdfunding sites) and Funders to connect

• CoAssets’ niche:– Helping Opportunity Providers access funds

between S$1million and S$5milllion– Helping the mass affluent find viable opportunities


Isn’t Real Estate

Crowdfunding risky?


Isn’t it a matter of perspective?


What are the 3 main risks/challenges

• The Singaporean “LAR”• Legal – how to manage

stakeholders from different regions ?

• Accountability – will the project materialize?

• Recourse – what happens if projects fail?


So what do we exactly

do?


We aggregate our users in 3 ways

Co-investCo-own Co-purchase


Why it works?• Greater Disclosure – Opportunity

Providers can put their deals on the site and attach relevant project details

• Greater Accountability – Funders can meet the Opportunity Providers to view the relevant documentations

• Greater Empowerment – Funders can do property research before they proceed


How have we done?


We are the top 3 RE crowdfunding site globally


The growth is encouraging because…


What about Fundrise?


Value Added Service: Real Estate Research tools

Singapore Research Tools

Penang Research Tools


Research Collaboration with A*Star –

Real Estate Online Sentiment Charts


Does this business model work?


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CoAssets and YOU


Help developers reach out and aggregate funders

Established Developers

Private Landowners


Help funders who are looking for opportunities

Man on the streets

Professional Investors


What does this mean to the investors?

Your risks are lowered There is no “down time” to growing your money


Democratizing the funding process

You have greater say on which project to support


CoAssets means Security and Connectivity

Security Connectivity


How do we achieve that?Online Cross Border

Legal ContractsOnline Cross

Border Payment


Help to open new marketsResidential projects

Infrastructure


In the pipeline: Solar farm project in India


What do we want to be?

1. A market place 2. An online infrastructure


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BUT


We are all here to make dreams

happen…


How does crowdfunding really

work?


Join us in our EPIC quest…

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