WHILE nascent in Singapore, digital and smart certifications of buildings could present a competitive advantage for commercial landlords by improving marketability, analysts said.

As awareness grows, tenants such as multi-national corporations (MNCs) as well as firms in the finance and tech sectors, in particular, could look to such certifications for validation as they secure office space.

Mark Lampard, Cushman & Wakefield’s head of regional tenant representation, noted that the digital certification of buildings is still in its early stages here but may gain traction with certain tenants, given the tech-fueled economy as well as increasing opportunities in the Internet-of-Things (IOT) space.