Singapore’s resilience to extreme urban heat ranked 19th globally: Savills
Tokyo, Hong Kong, Seoul, and Sydney are among the leading 20 Asia Pacific cities, with Tokyo ranking highest at fourth place.
Chris Cummings, executive of Savills Earth, emphasises the importance of contemplating urban temperature in city plan. He indicates that higher land prices facing parks and water bodies commonly bring on a concentration of taller establishments that can produce a “surface effect”, trapping warm in the city environment.
Realty proprietors need to ensure that their real estate can adjust to environment modifications, future energy-related regulation, and physical risks, such as the threat of structure damage induced by severe heat.
According to Paul Tostevin, Savills’ supervisor of world research, too much warmth intensifies air deterioration, boosts the risk of a wild fire, and enhances the threat of flood. “It undermines the attractiveness of a city to settle, work, and play and as a place for venture and small business expansion,” he says.
Singapore is placed 19th among 30 global cities best prepared to manage excessive city heat in a brand-new Temperature Resilience Index by Savills. The index evaluates a place’s average and record heats in 2023 across its ecological practices, social policies and governance.
European urban areas control the leading ranks, with Helsinki, Copenhagen, and Stockholm taking the very top 3 spots due to their cooler environments and progressive ecological regulations.
Excessive heat worsens air pollution, boosts the danger of wildfires, and heightens the risk of flooding, threatening a city’s appearance as a place to stay, work, and play and as a location for financial investment and service development, he adds.