mark”CapitaLand has agreed to partner with Microsoft in order to utilize the power of artificial intelligence and other advanced technologies in its business operations. Through this collaboration, CapitaLand will become part of Microsoft Singapore’s AI Pinnacle Program, which will empower the company to increase customer engagement and improve operational efficiency across its funds, investments, retail, lodging, and development businesses. Among the potential areas of collaboration, CapitaLand will explore opportunities in infrastructure development and use Microsoft’s Azure cloud computing platform to enhance CapitaLand Investment’s data centre design and products. Additionally, CapitaLand will also incorporate AI, data analytics, and machine learning to strengthen its digital and business transformation efforts. According to Quah Ley Hoon, group chief corporate officer of CapitaLand Investment, this collaboration with Microsoft marks a significant milestone in the company’s digital transformation journey. They believe that AI will play a crucial role in shaping their future by streamlining operations and delivering value to stakeholders.”In a separate agreement, CapitaLand Investment (CLI) has signed an MoU with the Singapore Business Federation (SBF) to collaborate on digitalization and AI integration efforts throughout CLI’s retail ecosystem. With the aim to enhance business efficiency and competitiveness, the partnership will focus on facilitating the adoption and proof of concept for AI, data analytics, and cybersecurity solutions. Furthermore, the organizations will also work towards developing AI-focused competency and skills among retail tenants.
When it comes to investing in a Condo, one of the most important considerations is securing financing. In Singapore, there are various loan options available, but it is vital to take into account the Total Debt Servicing Ratio (TDSR) framework. This system sets a limit on the maximum loan amount a borrower can take based on their income and current debt obligations, acting as a precautionary measure to prevent individuals from overspending. Therefore, it is crucial for investors to have a thorough understanding of the TDSR and seek guidance from financial experts or mortgage brokers. This will allow them to make well-informed decisions when it comes to financing their Condo investment through Condo.