Hong Kong startup Spacious has stepped in to fill the gap in Hong Kong’s market for a property platform with a great user experience, and has secured seed funding of US $500k from a mix of family and friends.
We had a chat with co-founder and CTO Asif Ghafoor, and he told StartupsHK about his banking tech background, what makes Spacious unique and his plans for the future of his startup.
“The Asian markets are still dominated by agents and not many people search online compared the UK or the US, due to the lack of quality websites with up-to-date listings,” said Asif. “There’s no reason it needs to be like this given the size of the underlying market.”
Founded in January 2013, the startup has been gaining traction with a growing user base of 20% a week since their launch and has been self-funded until family and friends lent their support.
Once their product matures, Asif says that his plan is to aggressively expand across Asia and to up the coverage in its home base Hong Kong.
Spacious on Startbase.HK: Spacious
Asif Ghafoor on Startbase.HK: Asif Ghafoor