The property industry’s continuous development and adoption of technology and digitalization are key to future-proofing the industry. With the new digital era approaching and with technologies like Siri and ChatGPT, a change is inevitable and the property industry must also adapt and transform itself.
In the past and up until today, purchasing a property is a hassle, including getting a lawyer for legal and loan agreements, settling the stamp duties, obtaining the title transfers, etc. All of these should be simplified to better serve the buyers.
Hence, the digitalization of the property industry is inevitable, with technologies such as blockchain and Security Token Offering (STO) comes into my mind. I believe that adopting blockchain technology will open up a different level of market opportunity in the property sector.
I have shared the ideas with fellow participants and industry captains at the 2023 Malaysian Housing and Property Summit. Together we shall move the property industry forward and excel in the era of digital economy.
采用科技及数字化来确保房地产领域的持续发展，是保障这个行业未来的一大关键。随着新的数字时代的到来以及像Siri和ChatGPT般的人工智能技术的出现，变革是无可避免的，房地产行业也必须适应并转型。
从以前到现在，购买房产都是一件麻烦事，包括需要律师进行法律和贷款协议、解决印花税、获得产权转移等等。其实所有的这些都应该被简化以便更好地为买家服务。因此，数字化房地产行业是一个未来，也是必须的。我相信通过区块链和STO发行等技术将为房地产行业开启全新的市场机遇。
我在2023年马来西亚房地产峰会上与众多房地产同行分享了这些看法。我坚信，只要大家携手合作，就能共同推动房地产行业的发展，在已来临的数字经济时代继续取得成功。
