For decades, the real estate industry remained stubbornly jejune. As other sectors embraced innovation, tech companies played at the edges of one of the largest industries in the world. But proptech has stepped out of the shadows to enhance efficiency and human experience within the sector.
While the pandemic has had a devastating effect on real estate in the short term, it is now proving to be a catalyst for the adoption of tech.
The last 18 months have been an inflexion point. Even though many companies are preparing to return to their offices, the working landscape will likely transform forever as workforces shift towards hybrid models. The pandemic has created a demand for products that previously serviced primarily niche markets like digital home financing services. Other tech solutions experiencing a surge include virtual and augmented reality to meet the virtual walkthrough needs of homebuyers and agents.
Few will remember the pandemic period with much fondness. But it might well be recalled as the era when the property sector’s relationship with tech finally came of age.
OFFICES OF TOMORROW
The future of the workplace is likely to be a hybrid model geared towards better work-life balance
The pandemic has hastened the realisation that work is not somewhere you go, but something you do. And it is the workforce—empowered by technology and demanding improved sustainability and individual well-being—that is driving change.
This shift in mindset has not appeared overnight. Companies have been adapting to suit the needs of a modern workforce for years.
Denne historien er fra August - September 2021-utgaven av Property Report.
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Denne historien er fra August - September 2021-utgaven av Property Report.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Singapore Starts To Swings
Generous stimulus has saved the Lion City’s economy from disaster, and a percolating post-pandemic boom looks set to send the residential sector into overdrive
Natural Highs
With people seeking safe ways of re-engaging with the outside world, the pandemic has steered investment in key ski markets back on-piste
It's In Hua Hin
A long-time favorite of Thai royalty and weekenders travelling from Bangkok, the famous beach town is adding some alluring new strings to its bow
Blues In The Blood
As China’s cities explode, its built heritage is often neglected. Hangzhou-based Bluetown Architects aims to redress that balance through its striking but functional work
Little Joy Soldiers
Real estate sales offices are reopening in Yangon, but banking problems, low confidence and oversupply mean a bleak outlook as the army seeks to entrench rule
Youth Movement
Young members of a storied family shift property development in Cebu forward with a smart, green commercial tower, rising tall above an heirloom estate
Gift From Above
Source Global is tapping into a renewable source— the sky—to supply drinking water to residential communities and commercial properties in Asia
Proptech Is Enhancing Efficiency And Human Experience
The pandemic has forced the real estate industry into a more meaningful embrace with technology after years of flirting with innovation
Legacy Of Handy, Individualistic Inventions
The global crisis has caused unprecedented pain, but its extraordinary nature has seen it spawn a legacy of handy, individualistic inventions
Wave Of Mutilation
Lockdown disruption, evolving working conditions and an exodus by offshore gaming operators have sent the vital office space sector in the Philippines into freefall
