30 Sep '14, 5am

#singapore #property Green buildings make business sense: Incorporating environmental sustain... @valuepropertysg

#singapore #property Green buildings make business sense: Incorporating environmental sustain... @valuepropertysg

Comment E-mail to friend Bookmark & Share Incorporating environmental sustainability into a building’s design and operation makes business sense, according to Minister for the Environment and Water Resources Dr Vivian Balakrishnan, as utility bills make up a large portion of a building’s operational expenditure. Delivering the keynote address at the 15th KPMG Global Real Estate and Construction Conference on 29 September, Dr Balakrishnan said, “Quite frankly, sometimes there is a mismatch between the interests of the developer, who wants to put up the building as quickly, as efficiently, and as cheaply as possible; versus the interests of the tenants and the users who want to have a cost-effective, energy-efficient building for the long term.” The most cost-effective way to design and develop an energy-efficient building is to do it from the start, and not to retrofit the ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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