December - 20216 PropTechOutlookEditorialAs more people have become aware and accepting of PropTech, it has helped the industry move towards new advancements. With the increasing number of players and various tools at their disposal, it has been a breath of fresh air for both the developers and the consumers. Proptech is helping in reducing transactional costs and increasing consumer convenience, emphasizing the fact that the `customer is king.' It also contributes to more significant unit sales and rental occupancies due to the `best match' between property sellers and buyers. Likewise, enterprises utilize tech innovations and developments in the PropTech arena to serve businesses and clients better worldwide. By utilizing technological advancements like big data, property managers and owners can keep track of their building systems in real-time, enabling proactive maintenance. On the other side, virtual reality and augmented reality are making online searches and the experience of buying homes more exciting and accessible. Thanks to better home buying and selling experiences, the communication gap between PropTech startups and existing real estate players continuously reduces. Realtors can now facilitate VR tours of properties that buyers can check out without the need to step out of their homes. Technologies like IoT and the promise of 5G will go beyond smart homes and step up to create smart buildings and smart cities that are constantly connected, sending, and receiving data. Overall, these are exciting times for the PropTech sector with the proliferation of AI, ML, VR, AR applications, and cloud and IoT adoption. Keeping that in mind, this edition of PropTech Outlook features some of the top-notch solution providers that are changing the face of real estate in the APAC region. Write to us your thoughts.Changing the Face of Real EstateCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER - 2021Email:sales@proptechoutlook.comeditor@proptechoutlook.commarketing@proptechoutlook.com DECEMBER - 01 - 2021, Vol 03 - 06 Published by ValleyMedia, Inc. To subscribe to PropTech OutlookVisit www.proptechoutlook.com Managing EditorMark WilsonEditorial StaffVisualizerMatt RyderAsher BlakeAntony GonsalvesJasmin AliSara FernandesCristopher ReedJonathan Parks Susan EnglishSalesTom Francis tom@proptechoutlook.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffMark Wilson Managing EditorPropTech Outlookeditor@proptechoutlook.com
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