Real Estate
Launched on 8 February 2018, the Real Estate Industry Transformation Map (ITM) provides a roadmap which ensures that the industry can continue to grow and provide good jobs for Singaporeans.
Real Estate ITM
The Real Estate ITM was formulated with inputs from different subsectors across the real estate value chain, gathered over more than 50 engagement sessions.
Together with industry partners and the Labour Movement, the Ministry of National Development (MND), Building and Construction Authority (BCA), and Council for Estate Agencies (CEA) have developed initiatives to support these subsectors to be more technology enabled, customer-centric and productive.
The Real Estate ITM will focus on property transaction services and facilities management, two sectors of the real estate industry that have much to offer and have immense potential for transformation. The visions for the two subsectors are:
- To achieve seamless, efficient property transaction services delivered by a professional, productive, technology-enabled workforce
- To achieve integrated and efficient execution of FM by a professional workforce for a high quality built environment