In a groundbreaking move to revolutionize the real estate sector, ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer, has announced that its innovation arm, ROSHNEXT, has partnered with AI Singapore. This collaboration, formalized on July 21, 2025, aims to harness artificial intelligence (AI) and advanced technologies to drive innovation and transformation in the real estate industry, setting new standards for development, sustainability, and resident experience.
- ROSHN and ROSHNEXT: Pioneering Real Estate Development
- Partnership with AI Singapore: Driving AI-Powered Transformation
- Collaboration with ACE.SG: Engaging Singapore’s Startup Ecosystem
- Alignment with Saudi Vision 2030
- Broader Context: Saudi Arabia’s Rise as an Innovation Hub
- Looking Ahead: The Future of Real Estate Innovation
ROSHN and ROSHNEXT: Pioneering Real Estate Development
ROSHN Group, a Public Investment Fund (PIF) company, is at the forefront of developing integrated communities across Saudi Arabia. With a mission to boost home ownership to 70% by 2030 and enhance quality of life, ROSHN is a key player in achieving the ambitious goals of Saudi Vision 2030, which seeks to diversify the economy and foster technological advancement. The company, led by CEO David Grover, who brings 35 years of experience in master-planned projects, is known for its community-focused developments spanning 200 million square meters.
ROSHNEXT, launched in May 2025, is ROSHN’s innovation arm, designed to accelerate growth in the real estate sector. It focuses on developing human-centric experiences, fostering collaborations with global leaders, and adopting cutting-edge technologies to set new benchmarks in the industry. The partnership with AI Singapore is a cornerstone of ROSHNEXT’s strategy to position Saudi Arabia as a global hub for real estate innovation.
Partnership with AI Singapore: Driving AI-Powered Transformation
The collaboration with AI Singapore, a program launched in May 2017, marks a significant step toward integrating AI into real estate development. AI Singapore unites Singapore’s research institutions, startups, and companies to create a vibrant AI ecosystem that promotes bold ideas and innovative approaches. Through this partnership, ROSHN aims to drive AI-powered digital transformation in the real estate sector by developing targeted solutions to address specific industry challenges, such as improving construction efficiency, optimizing property management, and enhancing sustainability.
The partnership will involve joint pilot initiatives to accelerate the deployment of AI solutions. These initiatives are expected to streamline processes, reduce costs, and improve the overall quality of real estate projects. By leveraging AI Singapore’s expertise, ROSHN aims to create smarter, more sustainable communities that align with the needs of modern residents.
Collaboration with ACE.SG: Engaging Singapore’s Startup Ecosystem
In addition to AI Singapore, ROSHNEXT has signed an agreement with the Action Community for Entrepreneurship (ACE.SG), a Singapore-based organization that supports entrepreneurial ventures. This agreement establishes a strategic platform for international innovation partnerships, enabling ROSHN to engage with Singapore’s dynamic startup ecosystem. Through joint ventures and collaborative projects, ROSHN aims to develop transformative solutions that address current development challenges and reshape the future of living.
The collaboration with ACE.SG is expected to attract Singapore-based firms to Saudi Arabia’s rapidly growing proptech (property technology) sector, fostering innovation and creating opportunities for global investment. This partnership complements ROSHN’s broader efforts to collaborate with Singaporean entities, including an earlier Memorandum of Understanding (MoU) with Singapore Cooperation Enterprise, which focuses on urban innovation and human-centric experiences.
Alignment with Saudi Vision 2030
The partnerships with AI Singapore and ACE.SG are closely aligned with Saudi Vision 2030, which emphasizes technological advancement, economic diversification, and the development of smart, sustainable cities. By collaborating with Singapore, a global leader in AI and urban development, ROSHN is positioning Saudi Arabia as a hub for real estate innovation. These efforts are likely to attract global investors and tech firms, further boosting the Kingdom’s proptech sector.
The agreements were formalized during a recent visit by ROSHN representatives to Singapore, where they explored avenues for collaboration as part of the ROSHNEXT innovation program. This visit underscores ROSHN’s commitment to building international partnerships that drive meaningful change in the real estate industry.
Broader Context: Saudi Arabia’s Rise as an Innovation Hub
Saudi Arabia is rapidly emerging as a leader in real estate innovation, driven by initiatives like ROSHNEXT and partnerships with global technology leaders. The Kingdom’s focus on digital transformation and sustainable development is attracting institutional-grade foreign capital, with the potential to unlock trillions in foreign direct investment (FDI). ROSHN’s collaborations with Singaporean entities, including AI Singapore, ACE.SG, and Singapore Cooperation Enterprise, highlight the strategic importance of international partnerships in achieving these goals.
Singapore’s expertise in AI and smart city development makes it an ideal partner for ROSHN. For example, Singapore has already implemented AI-driven solutions in real estate, such as drones with infrared scanners for building inspections and AI chatbots for property transactions. By tapping into this expertise, ROSHN aims to bring similar innovations to Saudi Arabia, enhancing the efficiency and sustainability of its projects.
Looking Ahead: The Future of Real Estate Innovation
The partnership between ROSHNEXT, AI Singapore, and ACE.SG is a significant step toward transforming the real estate sector in Saudi Arabia and beyond. By leveraging AI and fostering international collaborations, ROSHN is addressing current industry challenges while paving the way for future advancements. The joint pilot initiatives with AI Singapore and the strategic platform with ACE.SG is expected to yield innovative solutions that could influence real estate practices globally.
As Saudi Arabia continues to invest in technology and innovation, partnerships like these are crucial for achieving the ambitious goals of Vision 2030. ROSHN’s efforts to integrate AI and collaborate with global leaders position the Kingdom as a pioneer in the proptech sector, creating smarter, more sustainable communities for the future.
Partnership Details
Aspect | Details |
Partners | ROSHNEXT, AI Singapore, Action Community for Entrepreneurship (ACE.SG) |
Purpose | Accelerate real estate transformation using AI and innovative technologies |
AI Singapore Role | Drive AI-powered solutions, develop targeted tools, conduct joint pilots |
ACE.SG Role | Establish a platform for international innovation, engage Singapore’s startups |
Alignment | Supports Saudi Vision 2030’s goals of technological and economic advancement |
Announcement Date | July 21, 2025 |