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Homeowners, developers willing to pay more for green buildings: survey

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Ann Williams

Published Wed, Nov 15, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

HOMEOWNERS and developers in Singapore are willing to pay more for green buildings in recognition of their benefits, according to a survey released by the Building & Construction Authority (BCA) on Wednesday.

More than 70 per cent of homeowners acknowledged that green buildings have a better resale value and about half of them were willing to pay 3 to 4 per cent more for a green building that is certified by the BCA Green Mark.

Singapore propertyReal estate

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