Literature Review: The Impact Of Property Technology (Proptech) In Property Development

Abstract:

The purpose of this study is to discuss about property technology and its scope in property development process. Knowledge on property technology is very important for property developers in real estate business. It is possible for developers to be out of the business if they don't have the knowledge on property technology. This is a literature review of technology property in property development. Most authors perceive property technology only as a technology used in property sector. Only a few interpret property technology as an innovation that changes property development process. Many authors cannot separate property technology from financial technology and construction technology. There are rooms for research to investigate the impact of property technology on the pre-construction phase as it has not been much explained.