The document discusses Singapore's efforts to promote sustainable construction practices. It notes that the construction sector accounts for 16% of Singapore's carbon emissions. Singapore launched its Green Mark scheme in 2005 to rate buildings on energy efficiency and environmental impact. The government aims to certify 80% of buildings by 2030. While green buildings have initial higher costs, they can yield 30% energy savings. The document advocates for third-party financing options like low-interest loans to help homeowners adopt green features. It also recommends educating homebuyers on long-term lifecycle costs versus just upfront costs of green buildings.
4. According to the American Institute of Architects, the
biggest source of emissions and energy consumption
around the globe is the construction industry.
7. According to International Investors Group on Climate
Change, the cement sector alone accounts for 5% of
global man-made CO2 emissions.
8. In heavily urbanized Singapore, where half the total
land area is built up, the building sector account for
approximately 16% of national CO2 emissions.
9. Singapore Building and Construction Authority’s (BCA)
Green Mark Scheme was launched in January 2005.
10. It is a green building rating system that assesses buildings and
rates their performance in the areas of energy efficiency, water
efficiency, environmental protection, indoor environmental
quality and other green initiatives.
12. The scheme to promote the adoption of green
building design and technologies that improve
energy efficiency and reduce the impact of
buildings on the environment.
13. Singapore has set a target of having at least 80%
of its buildings attain the BCA Green Mark
Certified rating by 2030.
14. The incorporation of green features to achieve Green Mark
certification generally leads to higher construction costs.
15. It is important to construct
in an environmentally
sustainable manner because
the construction sector emits
significant greenhouse gases.
18. According to Fisk and Rosenfeld (1998) buildings with good overall
environmental quality can reduce the rate of respiratory
disease, allergy, asthma, sick building symptoms, and enhance worker
performance.
19. $
But, most of them are still more concerned about economic performance.
20. Urban Ecology Australia (2007) define green buildings
must make best use of the sun, wind and rainfall to
help supply the energy and water needs of occupants.
21. Cost of buildings environmental friendly buildings will
cost about 5% to 10% percent more!
$
$
$
$
22. However, it is also said that green buildings could yield
up to 30% savings in energy consumption through
green features.
23. Reduce heat absorption, provide more day light, maximize
natural ventilation, and use more energy efficient
air-conditioning systems and light fittings.
24. Shendler and Udall (2005) argued
that a significant portion of the
additional costs of a green building
derives not from the hard costs of
purchasing green systems and
materials but rather from the soft
costs of
design, certification, modeling and
consulting.
26. The general research approach Singaporean
respondents were requested to base their
responses on the new home that they would
purchase in the near future.
27. Willingness to pay more for green homes
86.7% of Singaporean have knowledge of
environmental sustainability.
28. Willingness to pay more for green homes
28% of them are not willing to pay more and
would only buy a green home that costs the same
as a non-green traditional home.
29. The statistical analysis revealed that 72% of them are willing to
pay more for homes that incorporate green features.
30. Green features that home
buyers would pay for
public transport
accessibility are buildings
within walking distance of
an MRT station.
31. Buyers also likely to pay more to know that contractors
adopted sustainable practices during construction stage.
32. Poon (2004) claim, contractors do not always adopt sustainable
practice, as their sites generate a lot of waste because they
do not have detailed waste management plan.
35. funding green features
It is recommended to provide affordable low interest loans
to end-users so that they can pay for green features by
themselves and payoff the loans from the savings achieved
from the green features used in the building.
36. Government should also lead by developing highly green
public housing with low interest loans to end-users.
37. New York State Energy Research and Development Authority administers
approximately 2,700 projects through its New York Energy Smart Scheme
that the homeowners who qualify under the scheme can get
low-interest loans to include green features into their homes through
the New York Energy Smart Loan Program.
38. Homeowners could get up to US$20,000 as unsecured
loans payable during a period of up to ten years.
39. Homeowners could get up to US$20,000 as unsecured
loans payable during a period of up to ten years.
= RM61,000!