The document discusses a VR platform called VResidence that allows users to view overseas property listings through virtual reality. It has over 3 million international property listings available for viewing. The platform aims to make it more convenient for Chinese buyers to view and purchase overseas properties by eliminating the need to physically visit listings. It also provides services to overseas property agents and developers to convert their listings and buildings into virtual tours.
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Market Opportunities
— Limited availability of overseas listings
— Flying cost to view overseas listings is high
— Current viewing experience not optimal:
— Takes time to queue for viewing
— Can only guess how the interior looks like by
looking up floor plan
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Project Highlights
— “Haifangdong”(B2C) has more than 3 million listings
worldwide
— “VResidence”(B2B) helps property agents with VR
technology , turning panoramic photos into 360-VR view,
facilitate better buying experience for mainland buyers
— Technologies include:
— Automatic 2D to 3D conversion
— Conversion from Autodesk Stingray/3ds Max to panoramic
view, saving time on building a new model
— MR property viewing with 3D projection
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It is an era of migration from China. Elites and the rich are the
ones who would like to leave. They mainly leave by investing
overseas so this is also called “migration of resources”.
Overview on Direct
Investment from China
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60 mil.
number of Chinese
inhabiting in different part of
the world in 2015
- China Migration Report 2015
Overview on Direct
Investment from China
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> $214 billion
Direct investment on property market
in the USA from China in 2016-2020
-Rosen Consulting Group 2016
Overview on Direct
Investment from China
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Overview on Direct
Investment from China
USA Australia Canada
11% foreign
investment
comes from
China
25%
properties in
Sydney
owned by
Chinese
+30% rise in
property price
due to
Chinese hot
money
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How VResidence works
Overseas property
agents
Property
Developers Chinese
Buyers
International VR
Platform
Agents in
China
Buyers
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Haifangdong:B2C platform on
international property market
— http://haifangdong.com
— More than 3 million listings in overseas for buyers to
choose from
— Potential buyers to view listings online with VR, saving
flying time and effort
— Hub for China buyers and overseas property agents
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— A stable growth in demand for overseas
properties
— Target customers: the ultra rich and busy
— Market position and Vision
— Biggest property platform online
— Connecting overseas property agents and
China buyers
— Provide VR viewing service on platform
Haifangdong:B2C platform on
international property market
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• Service for property agents:
• Provide VR platform
• Photo shooting for listings
• Conversion from 2D to 3D
• Uploading of listings to Haifangdong
Sample viewings:
• Festival City http://v.youku.com/v_show/id_XMTU5OTg3NTAyMA
• The Riverpark http://v.youku.com/v_show/id_XMTU5OTg3MjYwMA
• The Great Hill http://v.youku.com/v_show/id_XMTU5OTU5ODkwOA
VResidence and Property
Agency
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• Service for property developers:
• Professional 3DS MAX molding
• Stingray programming, turning BIM
modeling into interactive VR
• Aerial view around constructing/listing
site, for creating a homey feeling for
potential customers
• 3D projection / Mixed Reality solution
VResidence and Property
Developers
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VResidence goggles
— Lightweight, easy to wear
— Specially designed lens, suitable for
shortsighted up to 6 degree
— Compatible with smart phones
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Panoramic shooting
— VResidence supports:
— Apps on panorama shooting
— Ricoh THETA S
— Samsung Gear 360
— Property agents are welcomed
to provide panoramic photos
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Panorama 2Dè3D
— Patent automatic conversion from 2D t
3D technology from ASTRI
— 256 layers of tomograms, reducing
dizziness
— Panorama 2D exporting to 3D display
— Reference:
http://www.astri.org/technologies/technology-divisions/projects/hardware-accelerated-3d-
conversion-system/
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Mixed Reality Solution
— Technologies from University of Hong Kong
— Use projection and 3D goggles to create Mixed Reality
(MR) effects, very similar to Microsoft Hololens and
MagicLeap
— Video: https://www.youtube.com/watch?v=ZnxbDlk-tX4
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BIM è Interactive VR
— Building Information Modeling (BIM) 3D model
— Autodesk 3D plans converted to panorama full view
photos
— Revit à 3ds max à Stingray
— Directly deploy BIM from developers for producing VR,
saving resources on re-modelling
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Roadmap
— Patent registration in Hong Kong
— Office in Shenzhen
— Domestic branding VResidene
http://vcdian.net
— Domestic B2C platform
http://haifangdong.com
— ICP in China
— Sales network in mainland China
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Founder
Peter Choi is a Hong Kong internet entrepreneur and an
experienced project manager.
More about Peter can be found in https://
hk.linkedin.com/in/peterchoicm
Specialties:
— VR/AR/MR in property market
— Cross-border e-commerce platform
— iOS, Android app development
— Positioning (Bluetooth, NFC, GPS)
— Online payment solutions (Paypal, Alipay, etc.)
Peter Choi
CEO