14 SOCIAL BUZZ Taronga will connect the Smart Urban Co-Innovation Lab, SEA’s first smart cities-focused development center, with a network of emerging proptech firms. Source: Shutterstock Singapore proptech hub to spearhead smart city innovation By A new partnership will help Singapore’s Smart Urban Co-Innovation Lab to identify new revenue streams, reduce costs, and operate sustainably within the real estate sector Capitaland’s smart city lab already works with 200 firms to co-develop proptech & smart city innovations Singapore continues to pursue more sustainable urban smart city developments that leverage on innovation driven by property technology, or proptech. The trend received another boost recently when Capitaland, the driving force behind the new Smart Urban Co-Innovation Lab at Singapore Science Park, announced its latest real estate innovation partner that will help it identify new revenue streams, reduce costs, and operate more sustainably by harnessing emerging proptech.