Driving PropTech Innovation

Sino Group and Hongkong Land have joined hands on the second edition of PropXTech, a platform for start-ups and technology companies to develop and incubate PropTech solutions across a range of areas.

The programme focuses on the areas of Green Tech, Smart Buildings, Smart Cities, Smart Constructions and Customer Engagement, with sustainability and ESG as the core focus area.

The Group and the Hong Kong Land, co-chairs of the Hong Kong PropTech Alliance, have joined hands on the second edition of PropXTech, an industry-leading platform bringing together start-ups and established technology companies from around the world to create solutions for implementation in properties in Hong Kong, the Greater Bay Area and across Asia.

Shortlisted companies would collaborate with various business units within Sino Group and Hongkong Land to understand real-life needs and make the most of the collaboration.

PropXTech 2022 attracted more than 3,000 applications from some 70 countries and territories. Companies were asked to develop solutions applicable to the life cycle of the real estate industry, from building design and construction to sales, leasing and property management. The programme focuses on the areas of Green Tech, Smart Buildings, Smart Cities, Smart Constructions and Customer Engagement, with sustainability and ESG as the core focus area.

Of these, 30 promising finalists from Hong Kong, Mainland China, the United States, Europe, Australia and Singapore were selected after multiple rounds of rigorous assessment. The finalists have developed PropTech innovations spanning a wide range of areas, including big data analytics; AI-based robotics; advanced and environmentally friendly air purification and coating solutions; virtual, augmented and mixed reality (VR/AR/MR) solutions for facility management and training; renewable energy solutions; IoT devices and many more.

The finalists have now entered the proof-concept stage, testing and fine-tuning their solutions in a real-life environment. In addition to receiving mentoring and professional support from the Group and Hongkong Land, they will present their solutions to potential industry partners and investors, including other Hong Kong PropTech Alliance members, at the upcoming PropXTech Showcase Day.

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