Browsing and Purchasing

To buy property-specific Profit-Share Contracts (shares) on Urby, just follow these steps:

• Log In: Sign in to your Urby account.
• Browse Listings: Check out the available properties on the Homepage.
• Buy: Click "Buy" on any live listing.
• Select Quantity: Choose the number of shares you want to buy.
• Track Portfolio: You can view and track your shares in the portfolio section of the app.

This simple process makes it easy to invest and keep an eye on your property shares.

This streamlined process allows you to easily invest in property-specific Profit-Share Contract and monitor your investments effortlessly.

To make an informed decision, review the Property Details Page for each listing. Key information provided includes:

• Location
  Understand the property’s surroundings, neighbourhood profile, and overall context.
• Listing Date & Estimated Completion Timeline
  Each listing shows when it was published and the estimated project timeframe, typically 6–12 months.
• Expected Price per Share at Buyback
  This indicates the projected price per share when the homeowner buys back the equity portion, providing visibility on potential returns.

By assessing these factors alongside your own investment goals and risk tolerance, you can determine which properties align with your portfolio strategy.

There are no restrictions on the number of properties you can invest in through Urby.

You are free to diversify your portfolio by investing in as many properties as you like, depending on availability and your investment preferences.

Your investment limit depends on your declared investor status

• Retail Investor

• Up to RM50,000 per year
• Up to RM10,000 per property

• Angel Investor

• Up to RM500,000 per year
• No limit per property

• Sophisticated Investor

• No annual investment limit
• No limit per property

Your classification determines the maximum amount you are permitted to invest within a given year. If you are unsure of your investor status, please contact our support team for clarification.

A PSC is generally issued at RM10, with a different total number of PSC issued for each listing. The total issued value of these PSCs is based on the estimated capital that the lister would need to deploy to execute upcycling of the property inclusive but not limited to, renovation cost, transaction fees, taxes etc.

For New Drops: While a PSC is generally issued at RM10, discounts are sometimes given at launch or during promotional events. In addition, PSC issues escalate in price on a monthly basis to reflect the capital cost of holding these PSCs and the reduced uncertainty as the PSC gets closer to redemption.

For Exchange: PSCs listed under the exchange reflect the prices specified by other users on the platform and are generally influenced by supply and demand dynamics.

UrbanWave may engage one or more capital providers to help with financing the purchase and upcycling of FastTrack properties. These capital providers would have equitable ownership of the property in proportion to the amount of capital they provide. For example, if a capital provider covers 90% of the overall project cost, they would similarly be entitled to 90% of the equitable ownership, while our Listing partner retains the remaining 10%.

Yes. When the property is sold or bought back, all shares are redeemed and the proceeds distributed back to investors.

Yes, for some earlier Co-owned properties with no fixed tenure to its financing, the homeowner can decide not to buyback or sell the house. However, all Co-owned properties currently being brought onto the platform will have a fixed tenure and consequentially a maturity date on the redemption of the PSC. Please look through each Co-owned property listing for more details.

Yes, there is a flat 2.5% transaction fee when you purchase property shares through our Daily Drop feature. This fee is clearly displayed during the checkout process, so you know exactly what you're paying upfront.

No, there are no additional fees charged by Urby other than the 2.5% transaction fee.

Currently, there are no extra fees charged when you sell shares on the Exchange (Secondary Market).

Yes. This is disclosed within the self-declaration questionnaire section of the verification process, depending on the type of investor status you’ve selected.

Retail Investor: RM50,000 per annum and RM10,000 per property buying limit

Angel Investor: RM500,000 per annum buying limit

Sophisticated Investor: No buying limits.

Purchasing above these limits could result in a failed transaction.

Users may self-declare themselves on their Profile page, or contact support if the option is unavailable to them.

Urby offers two ways to buy shares:

New Drop (Primary Market):

• Direct Purchase of shares from Urby’s listing partners.
• First-Come, First-Served.
• New Drop prices are revised on a monthly basis.

Exchange (Secondary Market):

• Availability depends on Sellers: Shares are only available if other investors are selling.
• Market Prices: Prices vary based on supply and demand, which can mean potential gains or losses.
• Variety of Sellers: You can buy from different investors.
• Flexible Quantity and Pricing: Investors can set their own prices and quantities when buying or selling shares.

For Co-owned homes, A Buyback Schedule shows the redemption amount per PSC when a homeowner buys back the minority stake from our Listing Partners. This redemption amount increases every month based on the table in the schedule.

For Co-owned properties, the buyback PSC redemption value is determined based on the following formula listed in section 8. The Buy Back Proceeds is determined based on the value of funding provided by our Listing partner to the homeowner as well as an effective interest rate compounded monthly. These terms vary from property to property.

When the buyback period of a Co-owned property expires, the homeowner is still able to repurchase the Lister’s stake in the property but the price of this stake will be tied to its prevailing market value instead of a pre-determined buyback amount.

Yes, homeowners may purchase shares from the Secondary Market if they choose.

The lister first offers to buy up the homeowner’s share of the property at a predetermined minimum sale price. If the homeowner does not accept and the bank forecloses, proceeds from the eventual sale are distributed to the lister first based on predetermined buyback price.

The Lister will then redeem PSCs from Urby investors.

Buyback schedules vary. Each Co-owned home’s schedule is published in its listing details page.

Currently, we do not have an automated alert feature. However, we keep users updated about new properties and investment opportunities via email and our WhatsApp community. Additionally, we send in-app notifications to keep you informed.