Media Release | REDAS RAPID Platform Gains Momentum | 2 Apr 2025
Media Release
REDAS’ RAPID Platform Gains Momentum
Over 20 Projects and Counting, Covering ~35% of Local Private
Residential GFA from 2023 to 2024
Singapore, 2 April 2025 – Just over a year since its launch in November 2023, RAPID (Real Estate Analytics Performance Indicators Dashboard) is gaining traction within Singapore’s built environment sector, with more than 20 projects already agreed to adopting the platform to support digital project delivery.
These early agreements come from a diverse range of asset classes, including private residential, hotels, mixed-use integrated developments, and institutional sites, highlighting the platform’s relevance across the real estate value chain. Notably, the private residential projects alone represent approximately 35% of total Gross Floor Area from Building Under Construction residential sites awarded between 2023 and 2024.
“We are pleased by the industry support for RAPID, which REDAS championed as a digital building block compliant with the common data environment, that will encourage wider IDD adoption. Building on this momentum, we hope to scale these early successes to further promote and embed digital transformation across the real estate value chain.” – Mr Chew Peet Mun, Co-Chair of REDAS Lead Project Steering Committee
Leading industry players that have agreed to adopt RAPID include Allgreen Properties, CapitaLand Development, CHEC Urban, China Construction (South Pacific), City Developments Limited, Far East Organization, Guocoland, MCL Land, OUE Ltd, PM Link, Qingjian Realty, Roxy-Pacific Holdings, SingHaiyi, UOL Group Limited, and Wing Tai, among others.
“We’re excited to be coming on board with RAPID. The idea of a shared dashboard connecting everyone in the project value chain is a game-changer. It has the potential to improve coordination, cut through data silos, and help us work smarter together.” – Ms Tay Seok Cheng, Senior Vice President, Deputy Head of Property Development Division, City Developments Limited
A Platform Built by Developers, for Developers
Developed by the Real Estate Developers’ Association of Singapore (REDAS) in close collaboration with industry players, RAPID is Singapore’s first Integrated Digital Delivery (IDD) platform designed specifically to meet the needs of real estate development teams.
RAPID aggregates information from multiple construction and project management systems to offer a single, integrated view of Time, Cost, Quality, and Safety indicators. It is compatible with platforms such as Excel, MS Project, Novade, Autodesk Construction Cloud (ACC), InterCorp, and SAP, making it adaptable to existing workflows across various partners.
With a robust and growing suite of 45 built-in reports, RAPID empowers developers and their value-chain partners with a “single source of truth”, enabling faster, data-backed decisions and deeper project visibility from digital design through to asset management.
Designed for Collaboration, Endorsed for Transformation
RAPID is part of the broader Built Environment Industry Transformation Map and is supported by Enterprise Singapore’s LEAD programme. The platform has also received strong support from government agencies such as BCA, HDB, and JTC.
Built to function within a Common Data Environment, RAPID enables structured and consistent data-sharing across stakeholders, strengthening transparency and collaboration throughout the project lifecycle.
“With RAPID, our teams gain instant access to project-critical data, whether it’s site performance, contractor updates, or risk alerts. It gives us the visibility to make sharper decisions, detect potential risks early, strengthen collaboration across the value chain and keep the project on track.” – Mr Elias Toh, Deputy Director, Development Projects, Far East Organization
Positioned for the Future
Looking ahead, REDAS is working with strategic partners, such as Institutes of Higher Learning and technology partners, to further strengthen RAPID’s capabilities through AI-powered predictive analytics. By building a robust data ecosystem across committed projects, RAPID aims to evolve into a learning platform, capable of surfacing intelligent recommendations and predictive insights to support future-ready, high-performance developments.
“As a key stakeholder in the real estate industry, we felt it was important for REDAS to support the RAPID project. We are aligned with the Government and industry’s digital transformation vision. With RAPID, we reaffirm our commitment to building a smarter, more connected real estate ecosystem.” – Mr Chew Peet Mun
As Singapore’s real estate sector continues to navigate complex challenges, from rising costs, new approval processes, to increasing sustainability and productivity expectations, RAPID offers a strategic pathway that is digital, collaborative, and grounded in real-time data.
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About REDAS
Established in 1959, the Real Estate Developers’ Association of Singapore (REDAS) is Singapore’s premier business association in the real estate and development industry, representing over 200 members comprising developers, landlords, builders, consultancies and professionals, financiers, REITs sponsors and investors. REDAS actively engages regulators, policy makers and stakeholders to promote best practices and to support the growth of a vibrant, inclusive and progressive real estate industry in Singapore. For more information, visit www.redas.com.
Media Contact
Hazel Tan
Communications Manager, REDAS
Tel (65) 9069 9989
Email hazel@redas.com
