A view of Shenzhen in the Greater Bay Area from the technology hub’s border with Hong Kong on 4 September 2022. Photo: Martin Chan.
A view of Shenzhen in the Greater Bay Area from the technology hub’s border with Hong Kong on 4 September 2022. Photo: Martin Chan.

Greater Bay Area’s ‘proptech’ growth is stymied by the lack of tech-savvy real estate professionals, survey finds

  • About 79 per cent of the 98 companies and 21 executives polled by the survey said proptech is of ‘high strategic importance’ to the property industry
  • Between 2012 and 2021, about 1,100 proptech transactions worth US$67.9 billion occurred in Greater China, Ernst & Young said in its poll with the Urban Land Institute

A view of Shenzhen in the Greater Bay Area from the technology hub’s border with Hong Kong on 4 September 2022. Photo: Martin Chan.
A view of Shenzhen in the Greater Bay Area from the technology hub’s border with Hong Kong on 4 September 2022. Photo: Martin Chan.
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