Oly.mn was Mongolia’s first online real estate portal and is rapidly growing to becomes the country’s leading source of real estate information.
In 2019, DCG has entered into a joint venture with the Mongolian conglomerate MCS Group to offer a first world class real estate platform to service the local market.
With strong partners both locally and overseas and with solid funding, the group launched the first real estate portal in late April 2019 and has reached over 1,000 active listings to date. The portal focuses on providing the market with the best user experience when looking to buy a property in a new development and is rapidly becoming the most relevant source of real estate information.
Mongolia is a country of over 3 million people, all mainly living in the capital Ulaanbataar due to the severe weather.
Bordering with China and Russia, Mongolia holds strong bonds with both countries expanding its economy and trades years on year with a total GDP of USD $47 billion and a strong growth rate of 6.1%.
In 2017 internet penetration has peaked at 22% suggesting a growing internet usage whilst leaving ample room for expansion and opportunities.