More Green Marks for Singapore Developers

The Building and Construction Authority (BCA) has given out 151 awards this year, up from its 97 previously, reflecting the interest and commitment from the local developers to high standards, sustainable and friendly built environment.

BCA Green Mark

The Green Mark category has generated more interest as compared with the rest with 103 buildings certified green as compared to 69 ones last year.

Green Mark standards has also broaden its reach to properties which could meet its standards in infrastructure, landed houses and office interior, unlike its previous limitations to only buildings.

City Developments Bagged The Most Green Marks

City Developments Limited (CDL) was the champion for Green Mark projects bagging 11 of them.

The winning projects are The Arte, Livia, Millennium Residence @ Sukhumvit, and Anderson 18. Three commercial buildings were similarly recognised – Tampines Concourse , New Tech Park, and Plaza By The Park (Gold) – as well as the CDL Office in the newly introduced office interior category. Recertification of Republic Plaza and Pantech 21 made up the total 11.

CapitaLand has 26 Green Marks till date since 2005

Winning 6 gold Green Mark awards this year, the projects include Sembawang Shopping Centre, The Integrated Civil, Cultural, Retail & Entertainment Hub @ Vista Xchange, Six Battery Road, The Wharf Residence, Capital Tower and One George Street.

UE and GuocoLand each bags some Green Marks

United Engineers (UE) has clinched 2 new Green Mark awards, adding up a total number of 4 since 2007. The winning projects are The Rochester condominium, Park Avenue Rochester Hotel and The Rochester Square Shopping Mall.

Guocoland grabbed a Green Mark for the Sophia Residences.

Why Green?

Besides playing a part for the environment, it cuts long term costs for consumers in terms of energy and water savings that could work out to be a substantial amount.

Eco-friendly features cost much higher to implement and home buyers are getting more aware of the benefits it could bring.

And to the developers which embarked on making eco-friendly features, the designs are more sustainable, maintenance of the project will be cheaper and tenants can save as much from 15 – 30% as compared to conventional designed buildings.

Go green! Support condominium projects with the Green Mark, contribute to the environment today!

Singapore New Blueprint for Green Buildings By 2030

The Government has released a blueprint on the direction to go within the next 20-30 years for green buildings in Singapore. This is tied inconjunction with Building and Construction Authority (BCA) on its Green Mark Project started since January 2005.

BCA Green Mark

There’re a few tier standards in the Green Mark namely Gold, Gold PLUS and Platinum. You can refer to the chart from BCA here.

To encourage existing buildings to be stamped Green, BCA has roled out its second Master plan to offer cash incentives.

Free Gross Floor Area for Developers

Urban Redevelopment Authority (URA) is working closely with BCA to offer bonus gross floor area (GFA) for new private developments, a huge bonus to developers, again being subjective to Development Charges on the bonus GFA.

The landscape for new business districts such as Marina Bay and Jurong Lake District is monitored closely as buildings will have to attain a certain level of rating.

Excerpt from The Straits Times

SINGAPORE’S policymakers have unveiled a sweeping blueprint, 15 months in the making, to help build a greener, more energy efficient and sustainable nation.  The $1 billion plan, to be implemented over the next five years, will change everything from the cityscape and landscape here, to the way Singaporeans live and the way businesses are run. If successful, it will make energy usage here more efficient, reduce pollution and expand the nation’s green spaces – even as the demand for resources rises along with economic growth…

More from Straits Times

All these initiatives will result in energy reduction cost savings by $1.6 billion a year and result in creation of more job professions for the new standards.

As a developed nation, the move would create sustainability and encourage a healthier landscape make-over in Singapore. The future of the country has not sway in the wrong direction and is still looking bright for global investors and our local people.