Working sessions: Deliberate and Discuss
Tuesday, November 12, 2019
2:35 PM – 4:00 PM
Jubilee Ballroom, level 3, Raffles Hotel
The goal is to develop a list of concise and out of the box ideas of what the real estate industry must do to be prepared for the changing world of data and demographics. As a means of organising the interactive group discussions, we have identified 3 key themes:
Demographics opportunities and shifts on how and where people will live, work, play and learn
- How are you seeing new real estate products respond to emerging needs of different groups?
- What are the new opportunities in relation to multipurpose developments?
- Can the young and old live together – cross-generational co-living and shared houses?
- Why aren’t the Millennials buying homes?
Is Data the new gold – where are the risks and opportunities?
Real estate players are discovering that they are sitting on treasure troves of highly valuable information that can be monetized to provide value across the industry and create supplementary income streams for the original sources.
- How much is your data worth?
- How can you leverage your data as a strategic asset?
- How is data monetization changing the real estate sector?
- How can data be commoditized in the future?
- Who are your new partners to maximizing returns?
Looking Forward: Emerging Technologies
What are the practical applications of emerging technologies and which areas will have the greatest impact on real estate? What do we need to do to future proof our real estate assets?
- Artificial Intelligence and Machine Learning
- Augmented reality and virtual reality
- Internet of Things
- Smartphone Apps (Push Technology)
- 5G and a faster connected world
- Mobility Technologies: Ridesharing, Autonomous Vehicles – (land, air and sea), Electric Vehicles
- Real estate robots (chatbots, voice bots, virtual assistants, service bots, construction bots)
Through the use of visual recording, visual facilitation and information design, we capture ideas brought out in earlier presentations. Participants are encouraged through high level visual curation to stimulate deeper thinking and conversations, and make more wakeful choices in these working sessions. These conclusions are then harvested and deliberated in the subsequent wrap-up session.