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

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.