Literature Review: Technologies and Property Development

Abstract

This literature review was conducted to provide an explanation about technology in property development process. The knowledge on technology is important for property developer to remain competitive in property industry. If a property developer does not understand about technology in property development process, they will likely be out of business. Information related to technology in property development hasn't been widely discussed, thus it may be difficult for novice property developers to join the industry. The method of this study is literature study. There are three technologies in the property development process, namely Property Technology, Financial Technology and Construction Technology. Most authors explain more about financial and construction technologies in property development. Most authors are unable to separate Property Technology from Financial Technology and Construction Technology. Only a few of them have critical way of thinking in relation to the definition of Property Technology which leads to innovation and bring about revolution in its development. There are rooms for learning on the Impact of Property Technology that change the property development process.