Singapore’s resilience to extreme urban heat ranked 19th globally: Savills
Property owners should ensure that their real estate can adjust to climate changes, future energy-related legislation, and physical dangers, like the potential of property damage induced by extreme warmth.
European urban areas control the major rankings, with Helsinki, Copenhagen, and Stockholm taking the top 3 places due to their much cooler climates and dynamic ecological regulations.
Chris Cummings, director of Savills Earth, stresses the relevance of considering urban temperature in city preparation. He mentions that higher land worths facing parklands and water bodies commonly bring on a concentration of taller buildings that can create a “wall effect”, capturing warm in the metropolitan environment.
According to Paul Tostevin, Savills’ supervisor of globe research, too much heat aggravates air contamination, boosts the risk of wild fire, and heightens the threat of flooding. “It weakens the appearance of a city to locate, work, and play and as a destination for investment and business expansion,” he claims.
Extreme warm exacerbates air pollution, enhances the risk of wildfires, and heightens the danger of flooding, undermining a center’s attractiveness as a place to reside, work, and play and as a spot for investment and service development, he includes.
Tokyo, Hong Kong, Seoul, and Sydney are among the leading 20 Asia Pacific cities, with Tokyo positioning highest at 4th place.
Singapore is ranked 19th among 30 worldwide cities best equipped to handle extreme urban temperature in a brand-new Hot weather Resilience Index by Savills. The index analyzes a place’s average and document high temperatures in 2023 across its ecological ways, social plans and governance.