Singapore’s resilience to extreme urban heat ranked 19th globally: Savills
According to Paul Tostevin, Savills’ supervisor of globe research, too much heat worsens air deterioration, raises the danger of a wild fire, and increases the threat of flooding. “It weakens the attractiveness of a town to settle, work, and play and as a venue for investment decision and business extension,” he says.
Real estate owners should ensure that their property can adjust to environment modifications, future energy-related regulations, and physical risks, such as the potential of structure damage induced by severe warmth.
Chris Cummings, executive of Savills Earth, emphasises the value of considering urban temperature in city plan. He notes that higher land prices facing greens and water bodies usually cause a concentration of taller buildings that can produce a “wall structure effect”, capturing warmth in the urban environment.
Too much heat exacerbates air contamination, boosts the hazard of wildfires, and heightens the danger of flood, threatening a metro’s appearance as an area to stay, work, and enjoy and as a site for investment and service expansion, he includes.
Singapore is ranked 19th amongst 30 global metropolitan areas best equipped to manage excessive city heat in a brand-new Heat Resilience Index by Savills. The index assesses a place’s average and document heats in 2023 across its ecological ways, social policies and governance.
European metros control the top ranks, with Helsinki, Copenhagen, and Stockholm taking the top 3 places due to their cooler climates and dynamic environmental protocols.
Tokyo, Hong Kong, Seoul, and Sydney are within the leading 20 Asia Pacific cities, with Tokyo standing greatest at 4th spot.