AI IN
REAL ESTATE

Reimagining Real Estate Development

Skymind supports the real estate sector by infusing Artificial Intelligence (AI) in applications utilised in the end-to-end process of land and property development, enabling developers to experience a robust market growth.

  • We Reimagine Land Acquisition and Planning
  • We Reimagine Construction Processes
  • We Reimagine Sales and Marketing

Why AI In Real Estate?

The real estate industry is one of the biggest industries in the world with a global market size of $280.6 trillion and $9.6 billion in technology investments. 

Using the vast available data compiled from our experienced industry partners and collaborators, we simulate and model AI applications for real estate developers to solve industry problems such as making the construction process more transparent,  troubleshooting construction pain points, and controlling operational costs.

Our AI applications are highly applicable across all development projects and do not conform to only certain target groups. These factors make the AI applications highly scalable and are able to meet a growing customer base.

Reimagining Land Acquisition and Planning
There are various challenges faced by developers at the land acquisition and planning stage. These include obtaining fair price for land acquired and abiding to municipal planning regulations while maximising area and design efficiency for maximum gross development value (GDV). AI can be used for automated extraction of key data points from legal and tax documents to provide a clearer view of the procedures to be managed thus ensuring compliance. AI applications can be used in reviewing real estate, corporate as well as legal documents, which in turn reduces heavy dependency on manpower, eliminating errors and speeding up land acquisition and planning processes.
Reimagine Construction Processes
Issues of workmanship quality, completing construction within budget and the ability to finalise construction on time often plague real estate developers. Safety concerns, inventory, site conditions, labor shortages and poor planning can all pose major threats to both the project and stakeholders during the construction process. The use of AI apps from Skymind can be used to monitor, predict and mitigate ongoing risks. This would ensure timely completion while minimising financial and safety risks.
Reimagining Sales and Marketing
The real estate market is increasingly becoming competitive due to economy fluctuation that has impacted home buyers' purchasing power as well as created a flood of properties for sale. Rather than using conventional sales and marketing techniques, developers can harness the power of AI technology to maximise sales. Using AI applications in real estate can help developers and property sales agents to make better and accurate predictions towards customers’ preferences. This will, in turn, drive better sales and potentially retain customers for recurring purchase in future.
Previous
Next

Reimagining Real Estate Development

Skymind supports the real estate sector by infusing Artificial Intelligence (AI) in applications utilised in the end-to-end process of land and property development, enabling developers to experience a robust market growth.

  • We Reimagine Land Acquisition and Planning
  • We Reimagine Construction Processes
  • We Reimagine Sales and Marketing

Why AI In Real Estate

The real estate industry is one of the biggest industries in the world with a global market size of $280.6 trillion and $9.6 billion in technology investments. 

Using the vast available data compiled from our experienced industry partners and collaborators, we simulate and model AI applications for real estate developers to solve industry problems such as making the construction process more transparent,  troubleshooting construction pain points, and controlling operational costs.

Our AI applications are highly applicable across all development projects and do not conform to only certain target groups. These factors make the AI applications highly scalable and are able to meet a growing customer base.

Reimagining Land Acquisition and Planning
There are various challenges faced by developers at the land acquisition and planning stage. These include obtaining fair price for land acquired and abiding to municipal planning regulations while maximising area and design efficiency for maximum gross development value (GDV). AI can be used for automated extraction of key data points from legal and tax documents to provide a clearer view of the procedures to be managed thus ensuring compliance. AI applications can be used in reviewing real estate, corporate as well as legal documents, which in turn reduces heavy dependency on manpower, eliminating errors and speeding up land acquisition and planning processes.
Reimagine Construction Processes
Issues of workmanship quality, completing construction within budget and the ability to finalise construction on time often plague real estate developers. Safety concerns, inventory, site conditions, labor shortages and poor planning can all pose major threats to both the project and stakeholders during the construction process. The use of AI apps from Skymind can be used to monitor, predict and mitigate ongoing risks. This would ensure timely completion while minimising financial and safety risks.
Reimagining Sales and Marketing
The real estate market is increasingly becoming competitive due to economy fluctuation that has impacted home buyers' purchasing power as well as created a flood of properties for sale. Rather than using conventional sales and marketing techniques, developers can harness the power of AI technology to maximise sales. Using AI applications in real estate can help developers and property sales agents to make better and accurate predictions towards customers’ preferences. This will, in turn, drive better sales and potentially retain customers for recurring purchase in future.
Previous
Next