PropertyAsia.ph, Ricoh Theta S Launch Real Estate 360

Aug 15, 2016

360-Degree Virtual Tours for Property Brokers and Agents Made Easy, Affordable

Manila, Philippines - August 15, 2016 /PressCable/ —

PropertyAsia.ph, one of the fastest-growing property search portals in the Philippines, and Google Maps approved spherical camera Ricoh Theta S, exclusively distributed in the Philippines by CameraHaus Concept Stores, have just made creating 360-degree virtual tours a lot easier and more affordable for Filipino property brokers and agents.

360-degree virtual tours create an immersive virtual reality (VR) experience of an actual location such as real properties: house and lots, condominiums, and office spaces, among others.

“If you know how to make selfies, you know how to make 360 photos,” said Joeri “Yuri” Stegeman, managing director at PropertyAsia.ph. “Simply place the Ricoh Theta S in the center of the room, and take the shot in one click.”

He added, “Even though some property developers have been using VR technology for a while now, only a few property brokers and agents, due mainly to a prohibitively expensive camera equipment and software, have had the privilege of experiencing it as a selling tool.”

Prior to the arrival of the compact, lightweight Ricoh Theta S in the Philippines earlier this year, producing 360-degree virtual tours used to be laborious and cost a fortune – a DSLR professional camera costs around PHP70,000 to start with. The whole process involved taking several photographs of the property and then stitching them together, which is time-consuming, to showcase a full 360 view of the premises.

“The Ricoh Theta S is a device with a friendly price tag [PHP19,990 less 10 percent for PropertyAsia.ph member brokers and agents], and is indeed incredibly easy to use,” reiterated Mr. Stegeman. “Once you have this camera, we can revolutionize the local property market and make property shopping a true VT experience. Imagine every property you see online has a 360-degree photo. There’s no need to personally visit the property anymore until it truly grabs your attention.

““We understand that not every property broker or agent is aware or has access to this device yet. Together with CameraHaus, we will give discounts on the Ricoh Theta S among our member brokers and agents. If you’re still not ready to buy one, we offer a 360-degree photography service for an even friendlier price.”

VR is often associated with gaming and entertainment. This technology’s stereoscopic or head-mounted display and engaging storytelling can give anyone an extraordinary and memorable gaming experience. Wearing the VR headset transports the gamer into those simulation games, giving them a more realistic feeling. Because of these distinctive features, VR is not only used for gaming today but also for military, medical, and real estate-related purposes.

22.99 mm thick, weighing approximately125 grams only, The Ricoh Theta S’ main features, which include High Resolution/Full HD 1920 x 1080 pixels captures, HD live streaming capability, internal 8 GB memory, and Wi-Fi connectivity, further innovate the VR experience.

About PropertyAsia.ph

Established February 2015, PropertyAsia.ph is a one-stop online marketplace that’s dedicated to helping real estate developers, brokers, and agents in the Philippines to find potential customers by providing the former with the necessary online tools to simplify the process of generating leads, and selling and renting out diverse types of properties.

PropertyAsia.ph is likewise committed to helping property buyers and renters make smart decisions by sharing its most up-to-date information about Philippine real estate, home loans and comparison, broker matching engine, practical tips, inspirations for home interiors and more.

Based in Manila, Philippines, Chanz IT Business Solutions Inc. designs, develop, and maintains PropertyAsia.ph.

About Ricoh

Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems, and IT services. Headquartered in Tokyo, Ricoh Group operates in more than 200 countries and regions.

Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.

For more information, please visit https://www.propertyasia.ph

Contact Info:
Name: Oliver Oliveros
Organization: PropertyAsia.ph
Phone: +63917-302-7073

Release ID: 127828

More News

'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran
Sep 18, 2026
'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.

Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'
Sep 18, 2026
Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'

Since taking control in 1965, Buffett grew a struggling textile mill into a global conglomerate.

Ryanair boss Michael O'Leary apologises over 'high-fare rapists' remarks
Sep 18, 2026
Ryanair boss Michael O'Leary apologises over 'high-fare rapists' remarks

O'Leary described his choice of language as "careless" and said "it won't happen again".

What Set Off the Rise in Interest Rates? Mainly, the Iran War.
Sep 18, 2026
What Set Off the Rise in Interest Rates? Mainly, the Iran War.

The Federal Reserve is trying to catch up with the leap in bond rates as the Middle East conflict unnerves world markets.

The A.I. Industry’s New Worry: ‘Liability Exposure’
Sep 18, 2026
The A.I. Industry’s New Worry: ‘Liability Exposure’

The prospect of artificial intelligence tools being used to do significant harm presents the companies and their leaders with a legal challenge.

Disney Hires Its First CTO Amid Industry Push to Embrace A.I.
Sep 18, 2026
Disney Hires Its First CTO Amid Industry Push to Embrace A.I.

Karandeep Anand, an expert in building artificial intelligence and consumer technology products, will become Disney’s first chief technology officer.

Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt
Sep 18, 2026
Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt

People on medications for weight loss are buying less food, shrinking their portion sizes and purchasing smaller clothes. Businesses are trying to adjust.

Flight chaos caused by 'millisecond' software defect, report says
Sep 18, 2026
Flight chaos caused by 'millisecond' software defect, report says

The failure led to more than 2,000 flights being cancelled and hundreds of thousands of passengers affected.

Kremlin Moves to Seize Control of Nestlé’s Russia Operations
Sep 18, 2026
Kremlin Moves to Seize Control of Nestlé’s Russia Operations

The Swiss maker of KitKats and Nescafé said it was assessing the situation after the Kremlin issued a presidential decree.

Officials: Xi's instruction offers guidance for advanced manufacturing
Sep 18, 2026
Officials: Xi's instruction offers guidance for advanced manufacturing

Speaking to CMG, officials and industry insiders across various sectors have responded actively to Xi's remarks, stressing that the instruction has charted the course and provided fundamental guidelines for building a manufacturing powerhouse on the new journey, and pledging to place the development of advanced manufacturing as a key strategic task.

Amodei, Anthropic’s Leader, Exposed A.I.’s Dangers. It’s Time to Act.
Sep 18, 2026
Amodei, Anthropic’s Leader, Exposed A.I.’s Dangers. It’s Time to Act.

Times columnist Kevin Roose sees reasons for optimism — and worry — as the world wakes up to what Silicon Valley has been talking about for years.

Dragon Deborah opens with a terrible negotiation tactic
Sep 18, 2026
Dragon Deborah opens with a terrible negotiation tactic

Deborah Meaden makes a bold opening move in response to a pitch.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Manage The Numbers

Manage The Numbers is the world’s fastest-growing finance news website, featuring the latest money and market news, along with in-depth analysis so you can make the best decision.

Newsletter