Southeast Asia real estate sector poised to reap rewards of fourth industrial revolution

Southeast Asian countries have the potential to leapfrog ahead of other developing nations by embracing new technologies to transform how people work, live and play, according to a new report by real estate consultancy JLL. Ahead of the World Economic Forum on ASEAN, taking place in Kuala Lumpur, Malaysia on 1 and 2 June, JLL has released a report looking at how advanced digital technologies could impact countries in the newly established ASEAN Economic Community (AEC), a trading bloc of 10 Southeast Asian nations. Chris Fossick, Managing Director, Singapore & South East Asia, JLL, says: “In many ways, new technologies will allow people to bypass current constraints and leapfrog into greater efficiency. The impact on real estate and infrastructure in Southeast Asia is likely to be positive and transformational. If…


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