Revolution Precrafted: Could Philippines’ first unicorn become the ‘Ikea of homes’?

The Manila-based company, which expects to soon start talks with property developers in China, will deliver its first 100 modular home units this December in its home market.

A start-up from the Philippines is looking to blaze a trail in the emerging sector of property technology, or proptech, by supplying limited-edition, luxury prefabricated homes to a global market primed for new modular dwelling options.

Revolution Precrafted recently became the Philippines’ first “unicorn”, a start-up valued at more than US$1bil (RM4bil), amid efforts to bring its luxury prefabricated houses – composed of modular parts that can be snapped together on-site like Lego bricks – into 25 countries by the end of this year.