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Ray Chung

CEO of Wonderbucks Berhad 


Join Date

October 2016

Country

Malaysia

Gender

Not Specified

Age

Not Specified


About Ray Chung

Wonderlist is a alternative real estate financing platform focus on solving Malaysia real estate financing issue for young generation.

Companies & Work

Wonderbucks Berhad

Wonderbucks Berhad

Good day, as today Venture capitalist are looking for good Investee in Asean to tackle the 600 mil population, and USD 2 trillion of GDV. You may see Alibaba Venture into acquired Lazada at USD 1.5 billion valuation. There are HUGH competition in e commerce landscape, but also shown the ASEAN have the opportunity to come out a few more new unicorn.

We , Wonderbucks are looking at the arena of Real estates. Currently the biggest real state platform in US, Zillow recorded 2.5billion valuation and Houzz.com 1.8 billion valuation. Our objective is to be the largest real estate platform in Asean via our unique platform and business model.

Wonderlist, the first real estate platform design to consolidate real estate services into a single platform, to ease the property transaction and eventually digitalize it via payment gateway. It feature with lease option system for the young generation to acquire property interest in the short term basis as it will reduce the financial burden and enhance the Asean economy. We observe there are haft of the population in Asean are looking for shelter need however property price was increase tremendously and eventually, overheat property market lead to peak of property price. Bank sector reducing favor in providing loan, auction property rate are increase. Especially location like Malaysia, more than 10k listing was force sale due to non performance loan.

Our platform can solve this problem by matching the sophisticated property investor and house owner without trigger the bank policy. This descriptive method can eventually became and option of financing. (Alternative Financing)

Our partner currently include award winning developer, Accessible to more than 100 Asean lawyers, as well as banking and financial institutions.

We are looking for funding for Asean expansion and enhance our technology. Imagine the future of digitalize property transactions, real estate marketplace to connect property investors in the world, and collecting worldwide property data. We invite you be part of this evolutions.

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