BIZ BUZZ: Property platform for OFWS

RCBC, the banking bigwig of the Yuchengco empire, is teaming up with homegrown startup Talino Ventures to roll out Bahai Deals, a new property marketplace that aims to put global Filipinos front and center.

And with the $40-billion overseas Filipino workers (OFW) market in play, this is more than just another listing site.

Launching next month, Bahai Deals is touted to become a digital bridge between OFWs and the best real estate deals in the Philippines.

“We can further harness the opportunity to expand our local builders’ access to the global Filipino market, who are some of the most capable investors in the world,” Talino CEO Winston Damarillo said.

From builders to bankers to brokers, it brings everyone under one roof, literally.

Users can browse listings, get preapproved for loans and finalize financing without breaking a sweat.

“RCBC is excited to collaborate with Talino through Bahai Deals, enabling global Filipinos to access seamless, secure, and affordable home loan solutions wherever they are in the world,” RCBC executive vice president Lito Villanueva said.

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The kicker? A Pew study found that 31 percent of Filipino-Americans plan to return to the homeland.

Add these to the billions in remittances and you’ve got a gold mine wrapped in a welcome mat.

So if you’re an OFW dreaming of a condo in Cebu or a beach house in Batangas, Bahai Deals might just be your passport to coming home in style.