In 2023, KEYTOP partnered with Link REIT, the largest real estate investment trust in Asia, to upgrade over 200 car parks with a cutting-edge smart parking management system. This large-scale project, completed within three months, showcases KEYTOP’s ability to deliver innovative and efficient parking solutions. Through this partnership, Link REIT's car parks, which span residential and commercial zones across Hong Kong, now offer a seamless parking experience powered by advanced technology.
Rapid Deployment of Smart Parking Solutions
KEYTOP's deployment began in March, and by June, over 200 Link REIT car parks had been transformed with the latest in smart parking technology. This rapid turnaround—averaging 3–4 car park upgrades per day—demonstrates KEYTOP’s operational efficiency. The company ensured that new systems were fully installed and operational within a day, minimizing disruption for car park users.
License Plate Recognition for Frictionless Parking
At the heart of the upgrade is KEYTOP’s license plate recognition system, which enables a touch-free parking experience. As vehicles approach the entry gate, cameras automatically capture license plate information, raising the gate without the need for manual ticketing or card swiping. This significantly reduces the waiting time at entry and exit points, offering a smoother and more efficient experience for drivers.
The system also supports multiple online payment options, giving users the flexibility to settle parking fees via mobile devices. This improvement in payment processes not only enhances convenience but also contributes to faster turnover and better overall car park management.
Centralized Smart Parking Management System
One of the key advantages of this project is the introduction of a centralized smart parking management system. Managing a network of over 200 car parks can be complex, but with KEYTOP’s platform, Link REIT can now monitor and control all parking operations from a single interface.
The system provides real-time data analysis, reporting, and visualization, offering insights into car park usage, revenue generation, and operational efficiency. This enables Link REIT to optimize resources, improve decision-making, and increase profitability across their entire parking network.
Additionally, the platform includes robust data security features such as encrypted storage and modular access control, ensuring the safe handling of sensitive operational data.
Seamless Transition and Uninterrupted Service
During the upgrade process, KEYTOP ensured that car park operations remained uninterrupted. The company deployed its mobile booth app as an emergency solution, allowing parking attendants to manually handle license plate recognition and payments while the systems were being installed. This ensured that car parks remained fully functional, even during system transitions, maintaining service levels for customers.
A Strategic Partnership for the Future
This collaboration between KEYTOP and Link REIT is not only a milestone for both companies but also a significant step in Hong Kong’s journey toward becoming a smart city. By implementing a scalable and innovative smart parking management system, KEYTOP is helping Link REIT improve the overall parking experience while optimizing operational efficiency.
As Hong Kong continues to develop as a smart city, the successful completion of this project paves the way for future innovations in parking management. With KEYTOP's 18 years of experience in smart parking solutions and Link REIT’s strategic foresight, this partnership is set to continue delivering cutting-edge solutions for urban mobility.
Together, KEYTOP and Link REIT are shaping the future of smart parking management in Hong Kong, offering faster, more efficient, and customer-friendly parking solutions across the city.ity for everyone.
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