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Habitap, a Singapore-based provider of smart home features and services for condominiums and developments has taken a large share of the smart home market.

The tech company announced last month Habitap One, its first subscription-based access solution. This smart home and office management software is targeted at older residential and commercial properties that find moving to digital solutions difficult and costly.

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“Older residential developments have a perception that common areas are often under-serviced and that residents are left to manage their own spaces. Franklin Tang, Habitap CEO and founder, says that a large portion of the residential market still uses outdated methods like paper-based log-books.

He says that the current system of office and home management must be more flexible to new technologies and more sustainable.
Tang says, “We must stop the wasteful cycle that replaces systems every five to ten years.” This creates a lot electrical waste and is an unneeded large capital expenditure for residents.

A more sustainable model

Habitap One allows residential and office developments to access its management ecosystem via the mobile app. This cloud platform, according to Habitap One, makes it easy to keep up with rapidly-moving smart technology while remaining relatively affordable.

Habitap One home is a flexible subscription starting at $3.99 per month for homeowners. This portal offers all-in-one management features, including resident access, visitor management and an instant pass that allows residents to manage their security and access systems. Habitap will provide each development with an Apple iPad for visitor intercom.

Habitap One Office, an office management app for businesses, is available. It offers features such as staff access, visitor access, and a visitor intercom for building managers and business owners. Access management software provides real-time updates that ensure users are attended to quickly.

Habitap states that companies will need to pay a subscription fee of $1 per employee per month and $800 for each hardware reader per door.
The introduction of both systems will allow condominium management councils, managers of office buildings, and agents to stop using physical access cards. This system also reduces entry wait times by allowing guest registrations to be automated.

Habitap One is able to reduce hardware maintenance costs, as well as paper-based logbooks, by moving building management electronically.
Tang says that Habitap One has been launched since September 1st. At least 10 Management Corporation Strata Title bodies (MCST) have approached Habitap to learn more about the system. Tang expects Habitap to attract more interest from MCSTs in the next months.

The company claims that Habitap One Office has been signed up by two building managers, who manage facilities housing approximately 1,000 workers each.

The five-year plan

Tang has big plans to launch Habitap One and believes that the product is well-placed for capturing a large market share ahead of its rivals.
Habitap One Office aims to reach at most two million office users over the next two-years. It is being introduced to neighbouring countries such as Malaysia, Australia, and the Philippines. Then it will be available in the US and Europe.

Habitap One Home has a similarly ambitious goal. “We want to control 50% of the market share in Singapore for condominiums built prior 2020,” Tang says. Tang estimates that this is approximately 150,000 condominium households. He says that the company hopes to reach this goal in five years.

He hopes Habitap One will eventually make smart home technology more accessible to all segments of society, not just those in newly constructed condominiums.
Tang says: “Our vision is for Habitap One to increase the utilisation rate smart home management systems within Singapore households so more people can benefit from smart technologies.” This will lead to a better quality of life.

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