PriceHubble is powering an innovative generative AI solution launched in beta version on the Japanese market by Mitsubishi Estate, Japan's leading real estate developer.
Mitsubishi Estate recently announced the beta version of a novel solution on the Japanese market — a real-time generative AI property consultant powered by PriceHubble’s property data solutions. Leveraging property valuations, visualization technologies, and artificial intelligence, the service, already available in beta version, delivers detailed property insights in a chat format.
This service provides transparency on residential real estate value in a rather opaque environment, enabling Mitsubishi Estate to deliver a premium customer experience. It provides customers with comprehensive information that includes price valuation, a rating for the location, a price heatmap of the area, price trends among surrounding properties, and insights into the property's features, all presented in a conversational format. Thanks to generative AI, it enables customers to ask questions and get more details as if they were speaking to an advisor.
Hideki Tanaka, Managing Director of PriceHubble Japan, expressed his enthusiasm about the project, stating, "We're thrilled to power a service that not only redefines the client experience but also reflects the core of PriceHubble Group's identity, with AI and innovation at its very heart. Our role in this project mirrors our vision for the future of generative AI and property technology, as we actively drive the next wave of innovations in the field.”
Aoi Himoto, the project leader at Mitsubishi Estate, shared her perspective on this project, stating, “At Mitsubishi Estate, we are dedicated to delivering exceptional customer experiences. PriceHubble's solutions align with our vision, and together, we aim to provide an unprecedented level of insight and engagement in the Japanese real estate industry.”
Through this project, both companies strive to offer an innovative service that combines cutting-edge technology with a personalized, human-like approach to property valuation and insights. The solution, currently available in beta version, will be further developed and likely made available to more clients in the future.
