Talino Venture to launch AI-powered property app
TALINO VENTURE STUDIOS is set to launch an artificial intelligence (AI)-powered property platform to help accelerate the growth of Philippine property developers.
The Bahai Deals app, created in partnership with Rizal Commercial Banking Corp. (RCBC), will be launched in July, Talino Venture Studios President and Chief Executive Officer Winston L. Damarillo told a news briefing on Tuesday.
The platform, which targets the global Filipino market, will simplify real property investments by giving users access to property listings, financing and sales processing.
The app will use smart property matching to personalize listing results based on the buyer’s lifestyle, budget and spending habits.
“We can further harness the opportunity to expand our local builders’ access to the global Filipino market, who are some of the most capable investors in the world,” Mr. Damarillo said.
The company has signed up six builders, Mr. Damarillo said, adding that they are confident about sustaining the number of homes they sold last year during the app’s testing phase.
About 145,000 houses worth a total of P1 billion were sold, with each costing about P7 million, he added.
To simplify the financing process for homebuyers, Talino Venture Studios has partnered with RCBC to power the end-to-end mortgage process within Bahai Deals.
“Buyers can seamlessly access loan pre-approval, application and processing, removing traditional barriers to homeownership and enabling a faster, more convenient path to property acquisition,” Talino Ventures said in a separate statement. — Ashley Erika O. Jose
