Understand the different types of listing processes and the differences between them. The startup journey, described a financial sense, is a process of raising larger and larger amounts of funding to support growth. This money usually comes from private investors like venture capital firm and [...]
SINGAPORE, 22 December 2020 – Since its launch in 2016, Habitap – Asia’s first fully integrated smart living management system has continued to push new frontiers in smart concepts for homes, offices and commercial buildings. Harnessing the Internet of Things and artificial intelligence to improve the quality of life for residents and tenants, the home-grown technology company has emerged as the leading smart living platform and has made waves for its sterling portfolio of notable residential developments and commercial buildings in Singapore.
To date, Habitap manages 12 commercial buildings with a total net lettable area of 10 million sq ft, and 13 residential projects with a total of 8,000 residential units. This includes 19 Nassim, Amber 45, One Tree Hill, The Clement Canopy, Highline, as well as Corals at Keppel Bay which captured media’s attention as the first development in Asia to utilise Habitap’s state-of-the-art system. Beyond condominiums, the app has also been deployed in commercial projects such as Marina Bay Financial Centre, One Raffles Quay, Marina One and Paya Lebar Quarter. Habitap currently has over 82,000 registered users across all its existing smart home and office solutions. It is confident that with the pressing need for greater efficiency in facilities management and energy conservation and sustenance in buildings, coupled with the desire and rising demand for comfort, convenience and quality living, this number is set to see an exponential growth in the coming year.
Most recently, Habitap launched two new offerings – Tap Residential and Tap Commercial – in the third and fourth quarter of 2020 respectively. Both solutions were launched with the aim of making smart living accessible to homeowners and commercial developments at an affordable price point. Known as the “lite” version of Habitap’s flagship app, the new product offerings have proven to be a success. At present, there are a total of 120 households and 2 developments, that have since adopted both solutions.
As the smart home market is set to see a huge growth in Asia and in the region, Habitap hopes to achieve its five year vision of being the market leader in Southeast Asia, steering its focus towards enhancing and augmenting user experiences with the flagship app, to provide greater breadth and depth of smart home functionality through the use of data analytics and artificial intelligence to boost user experience. In 2021, Habitap plans to accelerate its regional expansion with offices in Vietnam and Indonesia. Collaborations with the network of ecosystem partners in the two countries are already in the works.
Franklin Tang, founder and Chief Executive Officer of Habitap, said, “Habitap has certainly come a long way since starting in 2016. Born from a simple idea to make smart living more usable, the team has been working hard through the years to pursue the vision of our integrated smart living platform while advancing the concept of smart home living and smart building management, to improve the quality of life for our users. Despite the pandemic, we have seen a steady uptake of our technology not just in residential but also commercial building projects. 2021 is set to be an exciting year for us with plans underway to expand our footprints in Vietnam, Indonesia, Philippines, and China, and provide our users with an even better user experience with artificial intelligence and data.”