In November 2007, our founder Asif Ghafoor left his successful career at Goldman Sachs in London and moved to Hong Kong. After struggling to navigate poorly designed real estate websites and sifting through outdated or fake listings, Asif knew there had to be a better way. And so, he founded Spacious.hk to create the highest quality real estate platform in Hong Kong. Spacious was designed to make finding a place to live as simple and efficient as possible. And it worked. With a superior user experience, powerful analytical tools, and relevant content, Spacious quickly became the go-to platform for buying, renting, or selling a property in Hong Kong. Today, Spacious is proud to partner with some of the biggest names in the domestic and international real estate industry.
By constantly striving to create the best experience for searchers, we can generate an ever-increasing number of high-quality leads for our clients. And by giving industry stakeholders access to our proprietary and independent data, we can help them better understand the factors that influence real estate and uncover previously hard-to-identify trends.
So if you’re tired of the stress and frustration of finding a home, look no further than Spacious. We’re here to make the process easy, efficient, and rewarding.
Spacious values its position as a trusted independent partner in the property market, and as such, we make this commitment to our agents and property searchers:
To Spacious Agent Partners:
Spacious is an independent property platform and does not have, and never will have, any Hong Kong property agency as a shareholder.
We promise to treat all agents on the Spacious platform equally and never put in place any arrangements that favour any one agency.
To Spacious Property Searchers:
As an independent property platform, our mission is to provide the highest-quality search experience - delivering real, accurate, and up-to-date listings for our searchers.
We promise to show our search results without bias and favouritism towards any agency or listing.
Spacious operates on the principles of fairness and transparency.
Environmental
Spacious is deeply committed to mitigating the property industry’s environmental impact and reducing its carbon footprint. Recognising the significant strain on Hong Kong’s landfills, where paper waste contributes to a staggering 24% of all municipal solid waste annually, we have prioritised a transition towards a more eco-friendly business model. Our innovative online platform negates the need for traditional physical marketing materials such as flyers, magazines, newspapers, posters, and window advertisements, reducing the demand for paper and other physical resources. Through this strategy, we aim to minimise waste and promote a culture of sustainability within our sector. Additionally, by facilitating online property searches, we contribute to reducing carbon emissions, saving an estimated 7.5 pounds of carbon dioxide per property search, as prospective tenants or buyers can explore properties and neighbourhoods without the need for travel. Internally, we have set ambitious sustainability goals, including transitioning to paperless contracts, marketing and administration, and promoting reusable materials within our office. Our mission is to lead the way and encourage others in the property industry to adopt sustainable practices for a greener future.
Social
Spacious is steadfast in our commitment to enhancing the transparency of the property market, helping property seekers make informed decisions, and addressing housing affordability by reducing associated costs, which often form a significant part of household budgets. We believe strongly in giving back to the community and are proud to partner with charity ImpactHK in our corporate social responsibility efforts. As an equal opportunity employer, we uphold a zero-tolerance policy for discrimination based on race, gender, or social status. This commitment extends beyond our team and into our platform’s design, where we diligently ensure a fair and inclusive environment for all users. Moreover, as a responsible employer, we provide robust company benefits to our staff, including 18 days of paid vacation and continuous education and development opportunities.
Governance
At Spacious, we recognise the critical importance of data privacy and security. Our customers can trust that we will never sell their data and treat all confidential information with the utmost respect and care. Our robust security measures include storing data in an encrypted database and routinely auditing access to ensure safety. We also enforce a rigorous anti-bribery policy, maintaining the highest ethical standards across all operations. To further this commitment, the Spacious board regularly reviews our ESG policies to ensure we meet compliance requirements and reaffirm our dedication to the community.
Thank you for considering investing in Spacious, a pioneering real estate technology company transforming how property is bought and sold in Hong Kong and the Greater Bay Area in China. As a leader in the industry, we have developed a platform that streamlines the search process for buyers, investors, landlords, and renters while providing valuable exposure for agents, developers, and serviced apartment companies.
Our platform generates billions of dollars worth of enquiries and transactions annually from properties viewed tens of millions of times. In a market like Hong Kong and the Greater Bay Area that lacks real-time, independent data, we stand out by capturing proprietary supply and demand side pricing and behavioural real estate data, combining it with publically available data to create valuable insights that guide decision-making.
We have strong partnerships with some of the most reputable names in the domestic and international real estate industry and a proven track record of developing and owning all of our intellectual property.
If you are interested in exploring investment opportunities with us, please don’t hesitate to reach out. We would be happy to discuss the potential for a mutually beneficial partnership.
If you’re a press member seeking expert insights on the real estate industry in Asia, we invite you to get in touch with us at Spacious. We are dedicated to providing reporters with the data and insights they need to cover this vital sector. In addition, we are always available to offer quotes or commentary on current trends.
With our extensive industry knowledge and access to proprietary data, we can help you bring a fresh perspective to your reporting. So if you’re working on a story and need a reliable source, don’t hesitate to reach out. We look forward to helping you bring your story to life.
Unit 1801, 18/F, 135 Bonham Strand Trade Centre,
135 Bonham Strand, Sheung Wan, Hong Kong
