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Authors: LIM CHA ENG
Keywords: Real Estate
Alice Christudason
2010/2011 RE
Issue Date: 20-Apr-2011
Citation: LIM CHA ENG (2011-04-20). VIABILITY OF �SMART � PUBLIC HOMES IN SINGAPORE. ScholarBank@NUS Repository.
Abstract: “Smart” (Smart) homes are no longer just a dream and they have become part of our reality. Although many benefits of smart homes had been highlighted over the past years, presence of smart homes is still not prevalent in the context of Singapore and examinations on acceptance level receive comparatively little research. With the technological advancements and its huge involvement in our daily lives, this research empirically examined the viability of smart public homes from two perspectives – the consumers and government authority. A survey was conducted with 214 public households to garner their perspectives on smart public homes. From the results, a mixed acceptance level towards smart public homes was observed. Respondents who were younger, receiving middle range income and more well-educated were found to be more inclined to accept smart public homes. Convenience and savings from electricity bills were discovered to be the two main motivational factors in incorporation of smart home features while cost of implementation, reliability and compatibility of systems were the main factors which hindered the rate of adoption. Ways to increase acceptance level such as lower prices of appliances and cost of implementation were also recommended. It was also realised that provision of smart public homes was not feasible at the present technological state due to affordability issues and the challenge to integrate the new smart and existing non-smart homes. All in all, a mixed acceptance level was mixed and provision of smart public homes by the authority was not viable at the moment. At the current technological level, the spread of smart public homes is likely to be determined by the consumers. Therefore, if acceptance level of smart public homes can be increased, smart public homes may be more widespread locally in the near future.
Appears in Collections:Bachelor's Theses

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