Proptech & the Pandemic-Understand The New Normals for Commercial Properties
Generic Category: Adaptability (2 CPD credits awarded, subject to KEO’s approval)
Course Duration: 3 hours
Funding: Eligible for UTAP funding (for NTUC Union members, click here to find out more)
Course Objective(s): –
- To help real estate salespersons understand the types of new digital technology, products and business models that impact the marketing of office properties.
- To discuss the impact of digital technology on the work of real estate salespersons.
- To understand the new ways of working and “New Normals” that would affect commercial properties and how real estate salespersons would market them.
Expected Learning Outcome(s):
- Participants will be understood that the array of technologies that impact office buildings, and will be in a better position to advise their clients.
- Participants will understand that it is important to embrace these new technologies and use them as tools rather than fear being replaced by artificial intelligence.
- Participants will understand that there digital technology and new business models are inevitable as all business tries to lower costs, increase productivity and how they impact on the way offices will be used and how office workers will work in the near future.
- As the Corvid 19 Pandemic resulted in safety guidelines by authorities, this course highlights how we might use commercial space and work-from-home space requirements in the near future.
Course Synopsis:
There has been a growing trend of disruptive apps and business models, restructuring of our property market brought and web portals that attempt to connect buyers and sellers; landlords and tenants which affects the way in which properties are marketed and transacted. As a national policy, Singapore is on target to be a “Smart City” to develop a Digital Economy to take advantage of the 4th Industrial Revolution which harnesses the power of shared information and Artificial Intelligence (AI) to make our work more efficient, accurate, convenient and fast. Our government encourages the use of new digital technology and new systems and business models which disrupt the old (less efficient) ways of working so that we are on par with the rest of the advanced world and to give us a competitive edge within Asia Pacific & ASEAN region.
These new technologies and smart systems also affect the manner in which physical space is used, marketed and managed. The office market has evolved in response to the changes that the Digital Economy. This course shares some of the latest trends impacting the office market and explains what is BlockChain, Co-Working Space, Smart Sensor systems for lighting, aircon and security. Real estate salespersons need to know as office landlords and tenants may ask them whether they are aware of these systems and which buildings are fitted with them and have attained the “Green Mark” and certified as a “Green Building”.
At the end of the course, participants will realise that Artificial Intelligence and Disruptive Technologies are part and parcel of the way which businesses are evolving in the future. When we learn how to use them, they are tools that can assist our daily work life.
Also, as s the Corvid 19 Pandemic resulted in safety guidelines by authorities, this course highlights how we might use commercial space and work-from-home space requirements in the near future.
The trainer has selected relevant video clips which illustrate this. The trainer will facilitate learning via discussions and sharing various examples.
About the Trainer
Harold Tan
Director (Real Estate Advisory), VestAsia Group.
Trainer, Certificate in the Marketing of Commercial Properties & Various CPD Courses
B Sc (Hons)(Real Estate), MA (Business Admin), MICSC, ACTA
Mr Harold Tan is the Real Estate Development Advisory Director for Vestasia Group. He advises developers and investors on real estate development and investment strategies. He is currently an advisor on future-proofing real estate products and services to various companies by analyzing the impact of new business models and digital trends on real estate. He is also an overseas faculty of Ateneo University in Manila, conducting professional development courses for real estate professionals.
Since graduating from NUS in 1981, he has 38 years of experience in the real estate industry having worked in both public and private sectors, holding various senior positions covering development, investment, commercial, retail, industrial and residential sectors. He has managed the development and marketing of properties comprising mixed used developments and townships in the Asia Pacific region including China, Malaysia & Indonesia.
He has invested in overseas properties, carried out real estate development and investment in overseas properties in China, Australia, Vietnam and Indonesia while working with companies such as Centrepoint, WBL Corporation and Keppel Land.
Harold is a respected lecturer and trainer. He is the Programme Director to curate and run executive programmes in real estate at Real Centre Asia (RCA) He has conducted training programmes for Capitaland, Colliers International, CBRE, DTZ, Knight Frank, Jones Lang LaSalle, Ascendas, Keppel Land, SEAA, SLA, IRAS, ICSC (International Council of Shopping Centers), Dubai Real Estate Institute and Asian Institute of Management. He started his career as a valuation officer in JTC Corporation and then moved on General Manager positions in several well known real estate development companies such as Frasers Centrepoint, Wearnes Development and Keppel Land, doing projects in the Asian Pacific region.
Prior to his joining Vestasia Group, he was a professor at the National University of Singapore (NUS) where he taught masters and undergraduate students real estate market analysis, real estate development and business ethics. In recognition of his passion and dedication to teaching, NUS awarded him with a Teaching Excellence Award in 2008. He continues to be a sought-after trainer for exclusive executive programs and is respected speaker in business conferences where he shares insights and commentary about new trends in the real estate market in the region.
Harold holds a Bachelor of Science Degree (Estate Management)(Hons) from the National University of Singapore, a postgraduate MA (Business Administration) degree from the University of Georgia (USA) and ACTA (Advanced Certificate in Training & Assessment). He is a Member of the International Council of Shopping Centers (ICSC), the Singapore Institute of Management, CORENET Global (Global Organization for Corporate Real Estate Managers).