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Summary of significant accounting policies (Tables) | 6 Months Ended
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Jun. 30, 2024
Accounting Policies [Abstract] |
Schedule of currency exchange rates | The following table outlines the currency exchange rates that were used in creating the unaudited interim condensed financial statements in this report: Schedule of currency exchange rates
|  |  | June 30, 2023 |  |  |  | December 31, 2023 |  |  |  | June 30, 2024 |
Period-end spot rate |  |  | SGD1.00 = RM3.4518 |  |  |  | SGD1.00 = RM3.4819 |  |  |  | SGD1.00 = RM3.4746 |
Average rate |  |  | SGD1.00 = RM3.3382 |  |  |  | SGD1.00 = RM3.3932 |  |  |  | SGD1.00 = RM3.5035 |
Period-end spot rate |  |  | SGD1.00 = USD0.7395 |  |  |  | SGD1.00 = USD0.7580 |  |  |  | SGD1.00 = USD0.7379 |
Average rate |  |  | SGD1.00 = USD0.7484 |  |  |  | SGD1.00 = USD0.7447 |  |  |  | SGD1.00 = USD0.7431 |
Schedule of estimated useful lives | Schedule of estimated useful lives
|  | Expected useful lives
Leasehold improvements |  | lesser of lease term or expected useful life
Office furniture and fittings |  | 3-5 years
Office equipment |  | 3-5 years
Computers |  | 3 years
Schedule of estimated useful life | Intangible assets that have determinable lives continue to be amortized over their estimated useful lives as follows: Schedule of estimated useful life
Software and research and development |  |  | 5 years |
Customer relationships |  |  | 5 years |
Schedule of segment reporting information | Schedule of segment reporting information
|  | Brokerage, emerging and another related service |  |  | Estate management services and other related services |  |  | Total |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |  |  | US$ |
Revenue – external |  |  | 2,479,416 |  |  |  | 1,983,553 |  |  |  | 4,462,969 |  |  |  | 3,293,218 |
Revenue – related parties |  |  | 7,120 |  |  |  | - |  |  |  | 7,120 |  |  |  | 5,254 |
Total revenue |  |  | 2,486,536 |  |  |  | 1,983,553 |  |  |  | 4,470,089 |  |  |  | 3,298,472 |
Total cost of revenue |  |  | (1,474,474 | ) |  |  | (1,325,466 | ) |  |  | (2,799,940 | ) |  |  | (2,066,072 | )
Gross profit |  |  | 1,012,062 |  |  |  | 658,087 |  |  |  | 1,670,149 |  |  |  | 1,232,400 |
Operating expenses |  |  | (3,483,254 | ) |  |  | (915,591 | ) |  |  | (4,398,845 | ) |  |  | (3,245,900 | )
Share-based compensation |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Interest income |  |  | 130,072 |  |  |  | 6,607 |  |  |  | 136,679 |  |  |  | 100,855 |
Interest expense |  |  | (14,904 | ) |  |  | - |  |  |  | (14,904 | ) |  |  | (10,998 | )
Government grants |  |  | 45,668 |  |  |  | (250 | ) |  |  | 45,418 |  |  |  | 33,514 |
Foreign exchange gain |  |  | 266,616 |  |  |  | - |  |  |  | 266,616 |  |  |  | 196,736 |
Other income, net |  |  | 15,150 |  |  |  | 352 |  |  |  | 15,502 |  |  |  | 11,439 |
Loss before income tax expenses |  |  | (2,028,590 | ) |  |  | (250,795 | ) |  |  | (2,279,385 | ) |  |  | (1,681,954 | )
Segment loss |  |  | (2,028,590 | ) |  |  | (250,795 | ) |  |  | (2,279,385 | ) |  |  | (1,681,954 | )
Total assets |  |  | 11,916,421 |  |  |  | 829,759 |  |  |  | 12,746,180 |  |  |  | 9,405,386 |
Total liabilities |  |  | 5,001,094 |  |  |  | 863,115 |  |  |  | 5,864,209 |  |  |  | 4,327,192 |
Net assets |  |  | 6,915,327 |  |  |  | (33,356 | ) |  |  | 6,881,971 |  |  |  | 5,078,194 |

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