Property consultants tie up to create REA Developer Suite
Real Estate Analytics, Savills, and Lancia Consult teamed up to develop the property solution.
Real Estate Analytics, Savills, and Lancia Consult have teamed up to develop the REA Developer Suite solution, in aid of developers looking to get ahead of the game.
The REA Developer Suite is expected to improve the decision making process for developers as it provides for efficiencies and ‘best-use’ building to launch price optimisation and monitoring of ongoing sales.
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“There’s ample data in the marketplace, be it from URA or other sources; and most advisors are able to give a two dimensional view of what’s happening in the market, but there has never been a multidimensional tool that accurately determines the best price to bid for land, identifies ideal unit sizes and mix and launch price optimization,” Chris Marriott, CEO, Southeast Asia, Savills, said.
“‘REA Developer Suite’ harnesses data intelligence to deliver this uniquely accurate tool that places the user ahead of their competition.”