Launch of Singapore based B2B marketplace Spaceworx (Proptech modular) offers integrated platform for smart solution sourcing, lifecycle management with implications for modular construction.
Proptech (property technology) and modular construction are in many respects living parallel lives, but a recently launched platform based in Singapore, may well write the next chapter in the transition to digital twin management of the built environment.
The platform aims to empower users with technology advancements, setting up landlords, operators, occupants, and system integrators with a one-stop proptech solution for smart space needs in the construction and real estate industries, through its proprietary Shop, Plug, and Play approach, and is currently available to the Singaporean and Malaysian markets.
This approach to proptech enables businesses with a platform that has an ecosystem of modular building blocks to craft their own integrated digital solutions, with pre-integrated products, pre-configured automation, and expert service providers making up those building blocks.
“We are standing at the crossroads of the future of real estate, where digital twins can enable physical and digital experiences of buildings to merge. The ease by which digital twins can be created with Spaceworx.io will unlock latent human resources within the built-environment industry and accelerate its digitalization,” said DP Architects Chief Executive Officer Seah Chee Huang.
Spaceworx plans to expand beyond technology to onboard non-tech products and essential services, such as insurance, security, utilities, electricals, and furniture.
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