CTOS, PropertyGuru sign MOU to advance proptech innovation

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CTOS, PropertyGuru signed a MOU to collaborate on advancements in property-related technology to revolutionise the digital space of the commercial real estate business in Malaysia.

Wll leverage both parties’ solutions to address property sector’s needsCTOS Data Systems Sdn Bhd, the wholly owned subsidiary of CTOS Digital Berhad, has signed a memorandum of understanding with PropertyGuru Group to collaborate on advancements in property-related technology to revolutionise the digital space of the commercial real estate business in Malaysia.

CTOS said this partnership will amplify its venture into the proptech space where the integration of both parties’ innovative solutions and data-driven insights will further address the needs of the property industry. According to CTOS, this partnership will also promote a clear understanding of the correlation between credit health and real estate investment to offer consumers the ability to determine affordability, receive the right returns and assess credit risks in property purchasing.

 

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