v3.26.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Currency Exchange Rates

The following table outlines the currency exchange rates that were used in creating the financial statements in this report:

 

    December 31, 2023    December 31, 2024    December 31, 2025 
Year-end spot rate   SGD1.00 = RM3.4819    SGD1.00 = RM3.2862    SGD1.00 = RM3.1596 
Average rate   SGD1.00 = RM3.40002    SGD1.00 = RM3.4112    SGD1.00 = RM3.2661 
                
Year-end spot rate   SGD1.00 = USD0.7580     SGD1.00 = USD0.7320    SGD1.00 = USD0.7727 
Average rate   SGD1.00 = USD0.7447     SGD1.00 = USD0.7482    SGD1.00 = USD0.7627 
                
Year-end spot rate   -    -    SGD1.00 = PHP45.8484 
Average rate   -    -    SGD1.00 = PHP44.0038 
Schedule of Property and Equipment Estimated Useful Lives The estimated useful lives are as follows:
   Expected useful lives
Leasehold improvements  lesser of lease term or expected useful life
Office furniture and fittings  3-5 years
Office equipment  3-5 years
Computers  3 years
Schedule of Estimated Useful Life

Intangible assets that have determinable lives continue to be amortized over their estimated useful lives as follows:

 

Software and research and development costs   5 years 
Customer relationships   5 years 
Schedule of Segment Reporting Information

Information reported internally for performance assessment as follows:

   Brokerage, emerging and another related service   Estate management services and other related services   Digital marketing services   Total   Total 
   S$   S$   S$   S$   US$ 
Revenue – external parties   5,932,068    5,985,890    323,525    12,241,483    9,519,777 
Revenue – related parties   
-
    
-
    
-
    
-
    
-
 
Total revenue   5,932,068    5,985,890    323,525    12,241,483    9,519,777 
                          
Total cost of revenue   (3,735,307)   (4,312,758)   (284,702)   (8,332,767)   (6,480,106)
Gross profit   2,196,761    1,673,132    38,823    3,908,716    3,039,670 
                          
Operating expenses   (11,124,596)   (2,055,572)   (1,432)   (13,181,600)   (10,250,875)
                          
Share-based compensation   (32,477)   
-
    
-
    (32,477)   (25,256)
Interest income   2,218    
-
    
-
    2,218    1,725 
Interest expense   (15,033)   (644)   
-
    (15,677)   (12,191)
Foreign exchange loss   (21,605)   (98)   
-
    (21,703)   (16,878)
Government grants   20,447    70,223    
-
    90,670    70,511 
Others   13,652    
-
    
-
    13,652    10,617 
Other (expense) income, net   (32,798)   69,481    
-
    36,683    28,528 
(Loss) income before income tax expenses   (8,960,632)   (312,960)   37,391    (9,236,201)   (7,182,677)
Segment (loss) income   (8,960,632)   (312,960)   37,391    (9,236,201)   (7,182,677)
                          
Total assets   7,740,669    1,083,826    323,525    9,148,020    7,114,099 
Total liabilities   2,754,397    1,814,746    287,723    4,856,866    3,777,016 
Net assets (liabilities)   4,986,272    (730,920)   35,802    4,291,154    3,337,083 
   Brokerage, emerging and another related service   Estate management services and other related services   Total   Total 
   S$   S$   S$   US$ 
Revenue – external parties   6,696,107    4,182,808    10,878,915    7,962,901 
Revenue – related parties   7,120    
-
    7,120    5,212 
Total revenue   6,703,227    4,182,808    10,886,035    7,968,113 
                     
Total cost of revenue   (3,663,750)   (2,816,096)   (6,479,846)   (4,742,970)
Gross profit   3,039,477    1,366,712    4,406,189    3,225,143 
                     
Operating expenses   (6,823,320)   (1,965,639)   (8,788,959)   (6,433,143)
                     
Share-based compensation   (93,389)   
-
    (93,389)   (68,357)
Interest income   76,054    
-
    76,054    55,668 
Interest expense   (36,818)   (1,700)   (38,518)   (28,194)
Foreign exchange loss   (43,923)   (250)   (44,173)   (32,333)
Government grants   53,987    14,127    68,114    49,857 
Other income, net   41,880    10,528    52,408    38,361 
Loss before income tax expenses   (3,786,050)   (576,224)   (4,362,274)   (3,192,998)
Segment loss   (3,786,050)   (576,224)   (4,362,274)   (3,192,998)
                     
Total assets   10,083,418    711,804    10,795,222    7,901,642 
Total liabilities   3,444,467    1,051,416    4,495,883    3,290,796 
Net assets (liabilities)   6,638,951    (339,612)   6,299,339    4,610,846 
   Brokerage, emerging and another related service   Estate management services and other related services   Total   Total 
   S$   S$   S$   US$ 
Revenue – external parties   3,635,439    846,726    4,482,165    3,397,380 
Revenue – related parties   522,328    
-
    522,328    395,913 
Total revenue   4,157,767    846,726    5,004,493    3,793,293 
                     
Total cost of revenue   (2,702,259)   (582,582)   (3,284,841)   (2,489,836)
Gross profit   1,455,508    264,144    1,719,652    1,303,457 
                     
Operating expenses   (6,692,028)   (370,555)   (7,062,583)   (5,353,281)
                     
Share-based compensation   (537,756)   
-
    (537,756)   (407,607)
Interest income   106,023    
-
    106,023    80,363 
Interest expense   (29,431)   (2,265)   (31,696)   (24,025)
Foreign exchange gain   264,367    
-
    264,367    200,384 
Government grants   25,769    
-
    25,769    19,532 
Other expense, net   (171,028)   (2,265)   (173,293)   (131,353)
Loss before income tax expenses   (5,407,548)   (108,676)   (5,516,224)   (4,181,177)
Segment loss   (5,407,548)   (108,676)   (5,516,224)   (4,181,177)
                     
Total assets   9,436,152    865,788    10,301,940    7,808,643 
Total liabilities   5,670,189    629,176    6,299,365    4,774,779 
Net assets   3,765,963    236,612    4,002,575    3,033,864