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Revenue from Contracts with Customers (Tables)
 12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue Based on Revenue by Service Lines and Revenue by Geographic Area

The following tables provide information about disaggregated revenue based on revenue by service lines and revenue by geographic area:

 

    Year ended December 31,  
    2019     2018  
Revenue by service lines:                
Corporate advisory – Non-Listing services   $ 2,169,553     $ 2,680,748  
Corporate advisory – Listing services     2,032,048       -  
Sales of real estate held for sale     189,522       1,368,220  
Rental of real estate properties     93,699       164,392  
Total revenue   $ 4,484,822     $ 4,213,360  

 

    Year ended December 31,  
    2019     2018  
Revenue by geographic area:                
Hong Kong   $ 3,363,067     $ 3,271,745  
Malaysia     514,165       661,008  
China     607,590       280,607  
Total revenue   $ 4,484,822     $ 4,213,360  
Schedule of Deferred Revenue and Deferred Costs of Revenue

Deferred revenue and deferred costs of revenue at December 31, 2019 and 2018 are classified as current assets or current liabilities and totaled:

 

    As of
December 31, 2019		     As of
December 31, 2018		  
Deferred revenue   $ 1,202,153     $ 1,816,358  
Deferred costs of revenue   $ 73,821     $ 418,668  
Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows at December 31, 2019 and 2018:

 

    Year Ended
December 31, 2019		     Year Ended
December 31, 2018		  
Deferred revenue, beginning of period   $ 1,816,358     $ 345,000  
New contract liabilities     1,417,843       1,471,358  
Performance obligations satisfied     (2,032,048 )     -  
Deferred revenue, end of period   $ 1,202,153     $ 1,816,358