GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions

This will be ready by October and will be piloted through Meyer Mansion.

GuocoLand Limited, Overseas-Chinese Banking Corporation Limited (OCBC), and local fintech firm Doxa signed a Memorandum of Understanding (MoU) for the development of a digital solution for the streamlining of transactions for development projects.

The Doxa Connex for Developers platform—which will connect property developers and other parties such as banks, contractors, suppliers and consultants and digitalise transactions in the built environment industry—will be ready in October 2021.

This will be first used in GuocoLand’s luxury freehold condominium project, Meyer Mansion, by year-end, with OCBC Bank as the sole lender for the project.

The platform will also convert quotations into purchase orders and produce cost analysis reports. It will also keep track of large amounts of data, providing transparency in procurement and payment workflow processes, and “clearer project visibility.”

“Digitalising the procurement and payments workflow processes in the built environment value chain is a needed step in the right direction to transform the industry. Piloting Doxa Connex for Developers for Meyer Mansion will automate workflow processes and pave the way for a more efficient, transparent platform for future developments,” GuocoLand Singapore Chief Financial Officer Andrew Chew said.

This is the third MoU signed by GuocoLand as part of its digitalisation efforts.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.
Lendela on why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.