Advanced technology and design are crucial in Singapore, as the property sector works to embrace green building practices, which are mainly driven by the regulatory framework that is strong.
Singapore’s standing as one of Asia’s green building leaders, and the integration of eco-friendly layouts and technologies by both the public and private sectors, is largely credited to the authorities’s execution of a solid regulatory framework and powerful market incentives, based on industry analysts.
“The green movement probably will grow more powerful because of corporate social responsibility (CSR) in addition to legislative pressure,” said Tan Yew Chin, Executive Vice-President for property services at Ascendas.
Incentives and “Strong authorities initiatives supply developers a stage on which to pursue and develop eco-friendly alternatives for buildings included Kevin Wong, Chief Executive at Keppel Land.
Mr. Wong also noted that the Singapore authorities takes a dynamic part in originating academic research and development of green technologies, as well as encouraging and facilitating responsible sustainable development. Check our Treasure Crest EC or Treasure Crest
The legislature has also developed a framework that ensures private developments not miss green building opportunities.
In order to reach the Green Mark certification, most developers are currently integrating attributes that are more eco-friendly in new buildings.
Some projects feature extensive photovoltaic panels, while others use more eco friendly stuff like “eco-friendly concrete”, which includes copper slag, recycled concrete aggregates and ground-granulated blast furnace slag.