Singapore’s resilience to extreme urban heat ranked 19th globally: Savills
Real estate proprietors should ensure that their real estate can adapt to climate changes, future energy-related regulation, and physical risks, including the threat of building damage induced by extreme warmth.
Singapore is rated 19th among 30 worldwide metropolitan areas best equipped to manage excessive metropolitan heating in a brand-new Heat Resilience Index by Savills. The index analyzes a metro’s average and record high temperatures in 2023 across its environmental ways, social protocols and governance.
According to Paul Tostevin, Savills’ director of globe research, extreme heat worsens air pollution, boosts the risk of wild fire, and enhances the threat of flood. “It weakens the attractiveness of a city to locate, work, and play and as a venue for venture and business development,” he says.
European cities reign over the top rankings, with Helsinki, Copenhagen, and Stockholm taking the top 3 spots as a result of their cooler climates and modern environmental protocols.
Tokyo, Hong Kong, Seoul, and Sydney are within the leading 20 Asia Pacific cities, with Tokyo ranking highest at fourth spot.
Too much heat worsens air contamination, boosts the hazard of wildfires, and increases the risk of flood, threatening a city’s attractiveness as a location to live, work, and enjoy and as a spot for investment and service growth, he includes.
Chris Cummings, executive of Savills Earth, stresses the importance of considering city heat in city planning. He notes that greater land prices facing parklands and water bodies often lead to a concentration of taller structures that can produce a “surface effect”, capturing warm in the city atmosphere.
