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Gwendolyn Regina T · · 1 min read

Vinod Nair Cuts Losses And Doubles Down On Winners

Race to the finish lineWe just got news from Vinod Nair, CEO of The Real Group, the company behind HomeSpace and RentSpace, that the two web properties will be taken down on the 1st of June. The other members of the team who helped make HomeSpace and RentSpace happen are Jarrold Ong, Zhuo Weifeng, Staelen Yew and Timothy Kua.

However, Vinod still has SmartLoans and Textuate to play with. We understand from him that they were unable to generate enough traction with HomeSpace and RentSpace while SmartLoans is doing “pretty well”, and Textuate only recently launched so its progress remains to be seen.

Read an interview we did with Vinod back in 2007 on HomeSpace and check out our coverage on HomeSpace, RentSpace, SmartLoans and Textuate.

In the property portal space, it seems like PropertyGuru is doing well, with their latest partnership with SGCarMart.

Image credit: Paolo Camera

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Gwendolyn Regina T

Solve problems, make art, think deeply, because life is an adventure. Gwendolyn speaks 3.25 languages, loves physics, travelling, dance and adventure sports.