Fast Emerging PropTech Startup Really Singapore Acquires Pegaxis

SINGAPORE, 9th September 2019 – Pegaxis, Singapore’s only property management and building maintenance services online procurement marketplace, undergoes full ownership transfer to Really Pte Ltd.

Really Singapore, an emerging local PropTech startup that offers integrated property and project management solutions, believes that there is an increasing need for transparency and automation with project and property management in the real estate industry. Being able to offer the Pegaxis platform alongside Really Singapore’s own suite of solutions would complement and further Really Singapore’s vision to consolidate and automate the real estate industry.

Launched in 2016, Pegaxis first made major headlines for its one-of-a-kind business-to-business platform for property maintenance services in Singapore. Within a year of launching, Pegaxis then announced that it had secured a 15% investment stake from global real estate advisors Savills, valuing Pegaxis at S$2.2 million.

“With technology today playing an integral part in increasing efficiencies across various industries, I believe that the real estate industry too deserves a digitalised platform that can streamline the procurement search and project management process. Really Singapore’s vision to offer the real estate project and property management industry with a one-stop integrated solutions platform is something that I am really excited to be a part of.”, shares the CTO of Pegaxis Mr. Jacky Chong on what users can expect.

Moving forward and with immediate effect, Jacky Chong will assume the position of CTO at Really Singapore. Additionally, the entire Pegaxis team will also be joining Really Singapore; a move that will ensure a smooth transition, as well as strengthening of capabilities and resources for both Pegaxis and Really Singapore.

CEO of Really Singapore, Mr Joerg Zeugner shares, “Jacky and his team have truly provided a solution that has addressed a long standing concern around how the real estate industry procures for property management and maintenance services. The success of which can be seen from the support and recognition that Pegaxis has gained from majority property managers in Singapore. I warmly welcome Jacky and his team to Really Singapore, and I believe that he will be able to lead the way in building stronger solutions and enable the real estate industry to do business better.”

Also unveiling from Really Singapore in the coming months, there will be a series of solutions that are going to further enhance and value add how project and property managers source and manage their procurement needs.

Pegaxis was previously featured in the Straits Times. Kindly visit this link to read more

More information about Really Singapore can be found via this link here.

About Really Singapore

As a next-generation project management platform that combines project management and e-tendering features, Really Singapore simplifies end-to-end processes for fit-outs, maintenance and reinstatement of properties. By integrating an e-procurement marketplace and project management tool, Really Singapore aspires to bridge the gap between traditional real estate approaches and emerging technological innovations to revolutionise the PropTech industry.

Press Contact

For more information and interview requests, please contact Rachael Renovah at +65 6950 7563 or contact press@www.really.sg.

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