{"id":26687,"date":"2019-06-07T11:50:04","date_gmt":"2019-06-07T03:50:04","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=26687"},"modified":"2022-06-13T17:07:10","modified_gmt":"2022-06-13T09:07:10","slug":"imda-austrade-to-develop-innovative-smart-estates-solutions","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/imda-austrade-to-develop-innovative-smart-estates-solutions\/","title":{"rendered":"IMDA-Austrade To Develop Innovative Smart Estates Solutions"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>IMDA and Austrade have partnered up to develop innovative smart estates solutions. Here&#8217;s all you need to know about this Singapore-Australia initiative to make our neighbourhoods better:<\/p>\n<h3>What are smart estates solutions?<\/h3>\n<p>Smart estates refer to estates that incorporate the use of smart technologies to collect, analyse and exchange data.<\/p>\n<p>The goal of creating smart estates solutions is to optimise maintenance cycles, improve public processes and bring a better living experience for all.<\/p>\n<p>For example, this could mean tapping on data to predict the next lift breakdown, or making use of more efficient energy resources through on-demand lighting and cooling systems in buildings. Another example would be using f<span style=\"font-weight: 400;\">ridges that can keep track of your groceries, or robots you can command to switch on the lights and give you weather updates.<\/span><\/p>\n<p>IMDA and Austrade signed a Memorandum of Understanding (MOU) on 4 June, which will focus on the following three key areas for smart estates.<\/p>\n<h3>Three key areas of focus for smart estates<\/h3>\n<ol>\n<li>Facilitate networking opportunities for Singaporean and Australian smart estates players<\/li>\n<li>Drive technology projects for both countries<\/li>\n<li>Co-develop a smart estates guide for the industry<\/li>\n<\/ol>\n<figure id=\"attachment_26697\" aria-describedby=\"caption-attachment-26697\" style=\"width: 5000px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-26697 size-full\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/06\/shutterstock_424721497.jpg\" alt=\"\" width=\"5000\" height=\"5000\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/06\/shutterstock_424721497.jpg 5000w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/06\/shutterstock_424721497-180x180.jpg 180w\" sizes=\"(max-width: 5000px) 100vw, 5000px\" \/><figcaption id=\"caption-attachment-26697\" class=\"wp-caption-text\">Companies in Singapore and Australia are partnering to co-develop smart urban solutions for Singapore, Australia and South-east Asia.<\/figcaption><\/figure>\n<h3>Why now?<\/h3>\n<p>Smart estates are not a concept; but back when they were first proposed (in various forms) in the mid 1990&#8217;s, they were largely considered a pipe dream. At the time, the Internet of Things (IoT) &#8211; and in fact overall connectivity to the internet &#8211; was not sufficient to empower many of the goals.<\/p>\n<p>Today however, connection speeds are quicker, and more devices feature uplinks and smart capabilities. As such, even small start-ups now have access to the technology and funding needed for smart estate projects. In Singapore, this is a natural development that overlaps nicely with the Smart Nation initiative.<\/p>\n<p><i><span style=\"font-weight: 400;\">What do you think of smart estates solutions? Voice your thoughts in our comments section or on <\/span><\/i><a href=\"https:\/\/www.facebook.com\/groups\/yourpropertycommunity\/\"><i><span style=\"font-weight: 400;\">our Facebook community page<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Looking for a property? Find the home of your dreams today on Singapore\u2019s largest <\/span><a href=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\"><span style=\"font-weight: 400;\">property portal 99.co<\/span><\/a><span style=\"font-weight: 400;\">! You can also <\/span><a href=\"https:\/\/www.99.co\/calculators\/mortgage\"><span style=\"font-weight: 400;\">access a wide range of tools to calculate your down payments and loan repayments<\/span><\/a><span style=\"font-weight: 400;\">, to make an informed purchase.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IMDA and Austrade have partnered up to develop innovative smart estates solutions. Here&#8217;s all you need to know about this Singapore-Australia initiative to make our neighbourhoods better: What are smart estates solutions? Smart estates refer to estates that incorporate the use of smart technologies to collect, analyse and exchange data. The goal of creating smart&hellip;<\/p>\n","protected":false},"author":71,"featured_media":26696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53589,57131],"tags":[55569,55057,55348],"persona":[],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMDA-Austrade To Develop Innovative Smart Estates Solutions - 99.co<\/title>\n<meta name=\"description\" content=\"Companies in Singapore and Australia are setting out on a partneship to co-develop smart urban solutions for various countries. 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