HDB inks $10.7m deal with NTU and SUTD

Both deals were for research and development agreements.

The Housing and Development Board (HDB) sealed two deals worth $10.7m with Nanyang Technological University, Singapore (NTU Singapore) and the Singapore University of Technology and Design (SUTD) to fulfill housing needs.

HDB signed a $4.7m collaboration with NTU to develop a Smart Integrated Construction System (SICS). This will use smart sensors and automation to facilitate traditional construction processes.

The core of the SICS program is the HDB Integrated Building Information System (IBIS), a central digital database that will serve as a "collaborative workspace."

IBIS will streamline data among architects, contractors, pre-casters, and construction material suppliers.

This will be backed by a smart tracking system that will manage construction inventory logistics whenever they move from various suppliers. The system will have smart sensors with geotagging capacities.

A smart crane system will also automate manual hoisting of building components through smart sensors. IT will calculate the safest hoisting path and cut construction time and improve safety.

"As the urban landscape in Singapore evolves, HDB will continue to tap on the power of technological innovations, and partner with industry experts to create well-designed, community-centric and sustainable homes for Singaporeans," HDB said in a press release.

The other deal with SUTD is a memorandum of understanding (MOU) worth $6m for the New Urban Kampung research programme. The study will use modelling tools in socio-demographic factors to address diverse housing needs.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.