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PROPTECH 2017EVOLVING PROPERTY MARKET IN SINGAPORE

Dr.  Davin  WangEmail:  davinwang@nus.edu.sg Tel:  (+65)  6516  1002

Department  of  Real  Estate,  School  of  Design  &  EnvironmentNational  University  of  Singapore

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EVOLVING PROPERTY MARKET IN SINGAPORE

• Collaborations  between  the  public  and  private  sectors  have  helped  transform  Singapore’s  real-­estate  sector.

v Local  housing  to  global  investment  choice

v Bricks  and  mortar  to  integration  with  the  capital  markets.

50  Years  of  Transformation

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• Technology  disrupting  the  use  of  physical  real  estate  services:

v E-­commerce  and  changing  consumer  habits  rendering  shopping  malls  obsolete.

v Next-­generation  sensor  networks  customizing  spaces  according  to  preferences  and  used  more  intensively.  

Future Trend 1

EVOLVING PROPERTY MARKET IN SINGAPORE

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• Technology  disrupting  the  way  real  estate  services  are  delivered  

v Data  analytics  and  behavioural  applications  impacting  the  real  estate  services  industry.

v Create  seamless  transaction  processes  and  enrich  consumers’  experiences.

Future Trend 2

EVOLVING PROPERTY MARKET IN SINGAPORE

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• Green  and  sustainable  buildings

v Net-­Zero  Energy  Consumption,  greater  occupant  comfort  and  control.

v More  attention  from  the  regulator,  developers  and  also  users.

Future Trend 3

EVOLVING PROPERTY MARKET IN SINGAPORE

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• Financial  and  capital  markets  become  more  integrated  with  the  physical  real  estate  market

v New  sources  of  capital  raising  such  as  real  estate  crowd  financing.

v Increase  in  real  estate  securitization  and  other  derivative  products.

Future Trend 4

EVOLVING PROPERTY MARKET IN SINGAPORE

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• Education  and  life-­long  trainingv Preparing  the  next  generation  of  real  estate  

professionals  to  meet  the  needs  of  industry.

Future Trend 5

EVOLVING PROPERTY MARKET IN SINGAPORE

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• What  has  worked  in  the  past  50  years  may  not  work  for  the  next  50  years:

v Resilience  and  growth  through  continued  innovation  and  adaptability.  

v What  is  your  organization’s  role  in  the  remaking  of  Singapore  into  a  “City  of  the  Future”?

Looking Ahead to the Next 50 Years

EVOLVING PROPERTY MARKET IN SINGAPORE

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