{"id":3836,"date":"2019-08-15T05:32:22","date_gmt":"2019-08-15T05:32:22","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3836"},"modified":"2021-06-04T14:35:59","modified_gmt":"2021-06-04T07:35:59","slug":"asias-cities-reap-rewards-from-smart-solutions","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/asias-cities-reap-rewards-from-smart-solutions\/","title":{"rendered":"Asia\u2019s cities reap rewards from smart solutions"},"content":{"rendered":"

Overheating Asian metropolises\u00a0<\/span><\/span>remain plagued by traffic congestion, unregulated and unplanned development,<\/span><\/span>\u00a0<\/span><\/span>and\u00a0<\/span><\/span>a lack of buy-in from the top to tackl<\/span><\/span>e<\/span><\/span>\u00a0<\/span><\/span>pressing\u00a0<\/span><\/span>energy\u00a0<\/span><\/span>and sustainability concerns<\/span><\/span>. B<\/span><\/span>ut\u00a0<\/span><\/span>with\u00a0<\/span><\/span>great challenges come\u00a0<\/span><\/span>\u2018smarter\u2019<\/span><\/span>\u00a0opportunities<\/span><\/span>\u00a0to plan, design, and build cities\u00a0<\/span><\/span>better<\/span><\/span>\u00a0<\/span>
<\/span><\/p>\n

\"\"
The setting sun behind the presidential residence, Rashtrapati Bhavan, in New Delhi, India. Kriangkrai Thitimakorn\/Shutterstock<\/figcaption><\/figure>\n

Today\u2019s cities are not as smart as they think they are.\u00a0At least n<\/span>ot\u00a0<\/span>according to Charles Reed Anderson, who leads the IoT\u00a0<\/span>(internet of things<\/span>)\u00a0<\/span>advisory firm CRA Singapore. During the Internet of Things World 2018 conference in California,\u00a0<\/span>Anderson\u00a0<\/span>branded\u00a0<\/span>the construction industry \u201claggards\u201d\u00a0<\/span>in<\/span>\u00a0adopting new technology.\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cDo you really see it today?\u201d Anderson asked the crowd of business leaders and millennial tech entrepreneurs. \u201cHow many solutions do you see that are truly transforming your life?\u201d<\/span>\u00a0<\/span><\/p>\n

As we approach the third decade of the 21st century, property development is growing at a rate of just one percent per year versus an average of 2.8 percent across all industries, according to Anderson.\u00a0<\/span>\u00a0<\/span><\/p>\n

More: How Asian cities are catering to the public<\/strong><\/a><\/p>\n

The need for radical solutions to urban problems from population growth to climate change draws ever closer. Over 50 percent of Asia\u2019s population currently lives in cities, more than a five percent growth over 10 years. According to the UN, that number is likely to be at 70 percent by 2050.\u00a0<\/span>\u00a0<\/span><\/p>\n

Meanwhile, core Asian metropolises from Jakarta to Delhi remain plagued by traffic congestion, sprawling, unregulated development, and a\u00a0wilful\u00a0lack of substantive measures to tackle energy consumption and resource management.<\/span>\u00a0<\/span><\/p>\n

But with these challenges brings opportunity to revolutionise how we approach infrastructure, homes, transport and the workplace, and build dynamic cities prepared to grow economically while preserving resources and offering liveable, green environments. Here, we examine four of the key issues that cities around Asia must address if they are ever to see a smart future.\u00a0<\/span>\u00a0<\/span><\/p>\n

This article is the first in a five-part series. It originally appeared in Issue No. 153<\/a> of PropertyGuru Property Report Magazine<\/a>. Read the second<\/a>, third<\/a>, fourth<\/a> and fifth<\/a> parts<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

With great challenges come \u2018smarter\u2019 opportunities to plan, design, and build cities better<\/p>\n","protected":false},"author":8,"featured_media":20226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[81,97],"tags":[440,439,191,242,159],"class_list":["post-3836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-depth","category-magazine","tag-ai","tag-internet-of-things","tag-iot","tag-smart-cities","tag-tech","news_country-asia","news_author-oliver-irvine"],"acf":[],"yoast_head":"\nAsia\u2019s cities reap rewards from smart solutions | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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