Singapores Resilience Extreme Urban Heat Ranked 19Th Globally Savills
Thomson Modern is an exciting new development situated in the bustling hub of Lentor Central. Developed by premier companies Guocoland and CSC Land Group, this project promises to offer a luxurious and modern living experience. Additionally, you can also look forward to the upcoming Sim Lian Tampines EC by Sim Lian Group which will also be a part of this thriving community. Perfectly located in the heart of Lentor Central, residents can enjoy easy access to a plethora of amenities and conveniences.
According to a new Heat Resilience Index by Savills, Singapore ranks 19th out of 30 global cities in terms of preparedness for extreme urban heat. The index takes into account a city’s average and record high temperatures in 2023, as well as its environmental practices, social policies, and governance.
While European cities dominate the top spots, with Helsinki, Copenhagen, and Stockholm taking the lead due to their cooler climates and progressive environmental policies, Tokyo, Hong Kong, Seoul, and Sydney also rank among the top 20 Asia Pacific cities, with Tokyo being the highest at 4th place.
Chris Cummings, director of Savills Earth, stresses the importance of considering urban heat in city planning. He highlights that high land values near parks and water bodies often lead to the construction of taller buildings, creating a “wall effect” that traps heat in the city environment.
This excessive heat not only worsens air pollution, but also increases the risk of wildfires and flooding, making a city less desirable for living, working, and investment. Paul Tostevin, director of world research at Savills, adds that this can impact a city’s attractiveness as a place for businesses to expand.
Therefore, it is crucial for real estate owners to ensure that their properties can adapt to the changing climate and any future energy-related legislation, as well as withstand physical risks like building damage caused by extreme heat. In recent news, Savills also acquired a project management and dispute resolution business in Malaysia, while Ng Hsueh Ling has been appointed the first head of APAC for its Investment Management arm. Meanwhile, Galven Tan has left Savills to join Knight Frank Singapore as their new CEO.
