25 Sep Technology Is Changing Thailand’s Real Estate Sector
Disruptive technologies have begun changing the way business in real estate sector gets done. This technology affects both commercial and residential properties in Thailand, according to analysis from CBRE. The company has noted a number of tech trends changing the real estate sector.
One of the most notable trends is data aggregation, or the using of “big data”. In terms of real estate, buyers are now able to access data from multiple sources in real time giving them more information than ever before. This has transformed the way people make home buying decisions and has also streamlined the decision-making process. Price data in particular has changed the real estate industry even if it is not as advanced in Thailand as it is elsewhere in the world.
Smart Building Technology is another tech trend changing real estate. Property managers have benefited from this the most. They can now install sensors that help monitor traffic, waters, temperature, and light. The information is used to plan and maintain properties better. This technology is also being utilised in the residential sector with companies such as Samsung, Google, Amazon, and Apple all involved in its development.