Lendlease is setting up a S$40-million product development centre in Singapore, with the support of the Singapore Economic Development Board (EDB), to accelerate the digital transformation of the property and construction sector.
Slated to open by October, the centre will employ 50 technology software application development talents in the first year and will continue to expand the team in the next few years.
At least one in five of these app developers will be aspiring graduates who are keen to be part of the industry’s transformation. Lendlease’s digital arm will seek out top local tech talents, including Singapore citizens and permanent residents.
The Singapore product development centre is part of the wider Lendlease Digital ecosystem, which includes product development centres in Silicon Valley and Sydney.
Using an Agile working methodology – a project management framework for teams to iteratively and incrementally complete tasks and projects, Lendlease is creating a scalable supply chain and integrated logistics software platform for property development and construction projects in Singapore and globally.
“We are at a critical inflection point of our industry’s development and we are confident that the success of our digitalisation efforts supported by the city state’s best-in-class infrastructure will leave a lasting impact on how we shape, construct and future-proof the built world,” said Tony Lombardo, CEO Asia, Lendlease.
Lendlease’s new product development centre will introduce a suite of digital products and services leveraging its recently launched digital property lifecycle platform, Lendlease Podium, aimed at simplifying interdependencies in the real estate industry.
Lendlease Podium’s streamlined, digitised and interconnected supply chain will unlock efficiencies across the entire design, construction and property supply chain and operating model while achieving the best outcomes for safety and sustainability.
Dawn Lim, VP and head of commercial and professional services at the Singapore EDB, said the Product Development Centre will help create new jobs in the built environment sector that a wide range of talent, from seasoned professionals to new entrants to the workforce, can aspire towards.