Real estate developers in Kenya should use smart technology to deliver projects faster, build better modern buildings that sells faster, and save project costs.
Smart technology used to be a buzzword. Now it is not. It is a reality we have come to expect. For property developers, it is a powerful marketing tool that can make your modern homes sell faster. Smart homes and buildings provide more value to owners, tenants and users making their demand higher.
The fact is, we expect almost all the gadgets we use every day to have smart features. Even large appliances like fridges and washing machines even cars today are loaded with smart features.
Every day, we use multiple smart technologies whether we notice it or not: from our smartphones, smart TV and smart lights in our homes to smart printers in our workplaces. Smart gadgets are built with end users in mind. They have removed complexities that were associated with advanced technologies. Today, modern technologies are more simplified, intuitive, easy and enjoyable to use.
Smart devices are just the beginning. Homeowners today want to live a modern lifestyle. That means smart homes and smart spaces that are personalized to their taste. They want all aspects of their home integrated and working seamlessly. They want to be able to check on their children while at work, see if they left a window open when on holiday, open their gates from their cars, and the list goes on.
Smart technology also takes care of many of the most time-consuming tasks we once performed manually saving users countless hours of repetitive and boring tasks. With modern technology, the sky is the limit when it comes to automation.
To property developers, this is a huge opportunity to grow their business. Smart technology offers a potential strong selling incentive to potential home buyers. Modern technology is a force multiplier in modern building sales because modern customers are finding it too tempting to pass.
What this means is that real estate developers in Kenya can use smart technology to deliver projects faster and build better buildings and value home buyers want with fewer resources and costs. If you are in real estate development you should consider some of the ways smart technology is shaping your industry and how as a professional builder you can find benefits to deliver projects in an easier, better, and faster way.
1. Speed
Innovative technology will help you deliver projects faster. It reduces the most technical aspects of technology – installation and integration – leaving you as a builder or developer with more time to focus on other building tasks and property sales.
This is because smart technologies are easy to install and manage. For example, a WiFi-powered smart system can be installed in half the time it will take to install its wired system counterpart. Considering that smart technology can require less cabling than the older technology, a lot of time is saved with smart tech installations, and that’s just one benefit!
2. Save on Cost
So, smart technology has helped you save a lot of project delivery time. How about the project cost savings?
Smart technologies are getting cheaper. With smart tech, you can slash the cost of tech hardware. And that is just the start of your cost savings. You can increase your cost savings even further through systems integration. System integration allows you to seamlessly bundle multiple home systems into one comprehensive integrated system. This way your property will have all of the modern technology features modern home buyers need in one place from security and smart home automation to smart controls.
3. Consistency and Scalability
With older analogue technologies, you need to use a different approach for each project. If you have multiple projects ongoing this leads to inconsistency in value and costs. With smart tech, you can use one technology design to deliver multiple projects as you want and reliably get consistent results. This will help you to scale your product offers by easily delivering consistent smart features across all your projects and properties, over and over again.
4. Ease of Use
One of the key features of smart tech is that they are intuitive and easy to master and operate. Some are as simple to use as a smartphone. This empowers developers to make customizations based on the project type – residential or commercial – and end-users. With smart tech, you can design, build and deliver all features you want in one platform.
5. More Quality
Smart tech is all about high quality. Smart technologies are powered by advanced technologies like artificial intelligence, video analytics, and machine learning that allow you to collect data that can help to design better properties, produce consistent results, and save time, and resources while helping create and develop predictive patterns through multiple projects as you grow.
Conclusion
Contrary to popular misconceptions, smart technology is not a fad. Also, smart technology is not complicated. As shown in this article, smart technology increases the quality of your properties and makes a great cost-benefit tradeoff. Smart technologies will allow you to create more value, resulting in increased occupancy and better sales. You can use it to grow your business and beat your competitors in sales.
To deliver smart properties using smart technology all you need is a technology partner who has experience in delivering smart technologies projects you can involve from the project design phase through to installation and commissioning.
