Build-to-rent and build-to-sell developments need different technology strategies because they have different ownership and operating models.
For build to sell, technology typically needs to support reliable day-to-day living and simple long-term management. This may include:
- resident connectivity
- access control
- intercoms
- CCTV
- car park systems
- parcel management
- common-area Wi-Fi
- infrastructure that can be maintained by an owners corporation over time.
For build to rent, technology has a bigger role to play because the building is operated as a long-term service. Tenants expect convenience, comfort, connection and a strong sense of community. Smart technology can support this through:
- resident apps
- digital access
- amenity booking
- parcel and delivery management
- visitor access
- energy monitoring
- public transport information
- community updates
- integrated building operations.
It can also help owners reduce operating costs and improve performance. By capturing and reviewing building data, operators can understand how people use the building, identify underperforming plant, avoid wasted energy and respond before issues become expensive.
The most important step is to plan the technology infrastructure early. Networks, pathways, risers, equipment spaces, data governance, cybersecurity and integration requirements need to be considered before the building design is locked in. This helps the asset meet today’s expectations while remaining flexible enough for future technology.
