27 Nov '14, 3am

#singapore #property City Developments saves $21 million: City Developments Limited (CD...

#singapore #property City Developments saves $21 million: City Developments Limited (CD...

Comment E-mail to friend Bookmark & Share City Developments Limited (CDL)’s sustainability efforts saw the property developer reap a total savings of US$16 million (S$21 million) in energy consumption from 2008 to 2011, revealed its deputy chairman, Kwek Leng Joo and reported in the media. Speaking on sustainability at the 2014 Annual Asia Competitiveness Institute conference yesterday, Kwek said the company, which owns 37 Green Mark Gold-rated buildings, invests around two to five percent of construction costs on developing green building design and features. Aside from adopting more efficient building methods, CDL’s sustainability efforts also include publishing an annual sustainability report. Kwek noted while the government has taken various steps to promote more sustainable built-environment, the people should also take a bigger role. Notably, the population is expect...

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

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