Certifications for smart features could help buildings stand out from the crowd
Nisha Ramchandani
WHILE nascent in Singapore, digital and smart certifications of buildings could present a competitive advantage for commercial landlords by improving marketability, analysts said.
As awareness grows, tenants such as multi-national corporations (MNCs) as well as firms in the finance and tech sectors, in particular, could look to such certifications for validation as they secure office space.
Mark Lampard, Cushman & Wakefield’s head of regional tenant representation, noted that the digital certification of buildings is still in its early stages here but may gain traction with certain tenants, given the tech-fueled economy as well as increasing opportunities in the Internet-of-Things (IOT) space.
TRENDING NOW
OCBC Q3 profit rises 3% to S$2.04 billion, slightly above expectations
Stocks to watch: OCBC, IHH Healthcare, FLCT, SingPost, Koh Brothers Eco Engineering
From legacy to launch: Francis Yeoh and Yeoh Pei Xien on family unity and YTL’s next‑gen ventures
Wealthy Indonesians snap up government bonds as yields near 8%: OCBC