Empowering Tomorrow's Cities

At the PropertyGuru Asia Real Estate Summit in Bangkok, experts highlighted the importance of tech and sustainability in shaping the future of urban living. "We power communities to live, work, and thrive in tomorrow's cities," said a keynote speaker, emphasizing the role of environmentally conscious spaces in sustainable urban development.

Asia's Property Market: A Global Powerhouse

With predictions indicating that Asia will generate over 50% of global GDP by 2040, the region's property market is poised for significant growth. This boom is expected to attract substantial investment, with a majority of Asia-Pacific investors planning to increase their real estate allocations in the coming years.

Digital Transformation in Real Estate

The adoption of artificial intelligence (AI) is revolutionizing the property industry, streamlining processes and creating new business models. "Generative AI will transform our industry at all levels," stated a summit participant, underscoring the potential of digital technologies to enhance consumer engagement and operational efficiency.

Challenges and Opportunities Ahead

As the industry faces challenges like urbanization and climate change, the focus shifts to sustainable development and consumer trust. "Technology can drive vibrant, environmentally sustainable communities," remarked an expert, highlighting the need for data-driven decision-making and transparency in meeting consumer demands.

Building Liveable Cities

Factors such as political stability, healthcare, infrastructure, and cost of living are crucial for creating liveable cities in Asia-Pacific and the Middle East. The Covid-19 pandemic has heightened the demand for healthcare and infrastructure resilient to climate risks, amidst rising living costs.

Personal Journeys and Future Visions

Thai pop superstar Pichaya “Golf” Nitipaisalkul shared his personal journey to finding his dream home, resonating with the aspirations of city dwellers. The summit, celebrating its 10th year, continues to champion proptech, innovation, and sustainability, showcasing the latest technologies and practices driving the real estate sector forward.