\n<\/p>\n
HONG KONG SAR –\u00a0Media
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With travel restrictions still in
\u00a0<\/b><\/p>\n
whyborder also introduces whyrefer<\/b>, a
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With whyborder.com<\/b>, buyers
\nOutReach<\/a>\u00a0– 6 September 2021 –\u00a0whyborder<\/a><\/b>,
\na borderless property marketing platform, is introducing Asia’s first
\ninternational reverse bidding auction on overseas properties. Hong Kong buyers
\nwho are seeking properties overseas can connect with developers who are
\noffering premium discounted deals via whyborder<\/b>. <\/p>\n
\n
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\n
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\nplace in many countries and the oversupply of properties in some countries, whyborder<\/b>
\noffers a rare opportunity for investors and buyers to purchase properties at ideal
\nprices directly from developers both from and outside their home countries. Purchasing
\nproperties in foreign locations has become a major trend in Hong Kong as people
\nplan their retirement, children’s education and immigration overseas. Hong Kong
\nbuyers became the fifth largest foreign investors in central London as of
\nAugust 2020[1]<\/sup>.<\/p>\n
\n
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\nStarted in 2020, whyborder <\/b>is an innovative
\nweb-based platform to facilitate cross-border real estate business for
\ndevelopers, agents, sellers and buyers. Managed by a team of real estate
\nbusinessmen which believes in transforming the industry by providing greater
\ntransparency in property deals, whyborder <\/b>makes
\navailable information that was previously difficult to access. These include live
\nvirtual tours, videos, photos, floor plans and construction documents for users
\nto better assess and understand the property before making a purchase decision.
\n<\/p>\n
\n
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\nOne of the highlights of whyborder<\/b> is a unique reverse bidding feature
\nknown as whybid<\/b> that allows buyers from across the globe to bid on international
\nproperties, from the comfort of their own homes. \u00a0Interested buyers can sign up to view and bid
\nfor their preferred price during the limited bidding period. Once the bidding
\ncloses, the buyer who had placed the highest bid and above the seller’s reserve
\nprice will be the eventual owner of the property. This entire transaction can
\nbe completed in just two months with this streamlined process.<\/p>\n
\n
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\nThe first whybid<\/b> auction will be taking place from 08 to 15 October
\n2021, starting from the Thailand
\nmarket. Properties listed include\uff1a<\/p>\n
\n
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\nLadprao 15<\/li>\n
\nSanambinnam<\/li>\n
\nSukhumvit 11<\/li>\n
\nSukhumvit 39<\/li>\n
\nElite Surawong<\/li>\n
\nPrime Rama 9<\/li>\n<\/ul>\n
\n
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\n
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\n
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\n
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\n“Buying properties is a major decision for many people. Our goal is to
\nfacilitate better decision making by offering transparency and a wealth of
\ninformation and features to make buying and selling accessible to all, no
\nmatter where they are located.\u00a0We hope
\nto raise awareness and encourage more people to explore the buying and selling
\nof properties online in a safe and convenient manner,” said Mr Dave Loo,
\nFounder and CEO of whyborder.com. <\/b><\/p>\n
\n
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\n
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\nunique feature in the platform that allows its members to earn a 0.2% referral
\nfee by sharing the properties that are listed in the whybid campaign via their
\npersonal referral links. Upon the purchase of said properties through one of these links, the referral
\nfee will be transferred to the account of the member who owns the link.<\/p>\n
\n
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\n
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\ncan liaise with agents and developers to address specific concerns on their
\ninterests. A wide range of properties spanning 54 cities and
\nwith a coverage of 6,173 districts, 555 train lines, 9,537
\ntrain stations, 9,649 landmarks is already listed on the platform. They
\ninclude popular locations like Australia, Canada, Japan, Taiwan Thailand, and
\nUK as well as emerging sites such as Cambodia, Malaysia and Vietnam. <\/p>\n
\n
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