We are here to accomplish things, as a Team, that were never done, never thought possible before and that will make the world a better place.
- Jean-Michel Paul, Chief Executive Officer -
Our Founding Story
In 2019, Jean-Michel Paul (CEO), Patrick Yan (CTO), and Jiajia Yao (Head Quant), co-founded Real Estate Analytics (REA) which aims to bring greater transparency, efficiency, and cost savings to the property market by using AI-driven technology.
But the story started much earlier. When JM was doing his PhD, he found that in the endless amount of information, data in real estate industry is far from being properly utilized. This directly caused the industry to suffer from various inefficiencies of costing, pricing, and manpower for years. After business success and thinking about real estate for many years, he returned to this challenge and came back to Singapore with the mature idea of solving it. Everything begins here.
Our Journey
2019
• Founded in Singapore
2020
• Expanded into Malaysia
• Provided 8PROP360 Virtual Tour Services to real estate industry
• Real Estate Market website 8PROP Property Intelligence went live to home buyers & sellers
2021
• Expanded into Hong Kong (China)
• Expanded into Indonesia
• Launched AI-Powered Automated Valuation Model (AVM) with a median accuracy of 97%
2022
• Acquired SOREAL, the Singapore leading real estate data provider
• Expanded into Australia
• Provided accessible Real Estate Data API across multiple categories including property information, transactions, listings, and valuation
• Launched the AI-powered tool REALInsight to improve decision-making for developers from end to end
2023
• Elevated SOREAL as a All-In-One solutions for real estate agents in APAC with comprehensive services
• Rebranded 8PROP360 as REAL360 under the SOREAL
• Launched the Agent Mobile App REALAgent
