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Singaporean & Sustainable Home
- 1. Singaporean & SustainableHome ridhwanikhsan <ID> Icp863managementofproperty&environment
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- 3. Construction industry isregarded as one of the major contributors to climate change.
- 4. According to theAmerican Institute of Architects, the biggest source of emissions and energy consumption around the globe is the construction industry.
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- 7. According to InternationalInvestors Group on Climate Change, the cement sector alone accounts for 5% of global man-made CO2 emissions.
- 8. In heavily urbanizedSingapore, where half the total land area is built up, the building sector account for approximately 16% of national CO2 emissions.
- 9. Singapore Building andConstruction Authority’s (BCA) Green Mark Scheme was launched in January 2005.
- 10. It is agreen 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.
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- 12. The scheme topromote the adoption of green building design and technologies that improve energy efficiency and reduce the impact of buildings on the environment.
- 13. Singapore has seta target of having at least 80% of its buildings attain the BCA Green Mark Certified rating by 2030.
- 14. The incorporation ofgreen features to achieve Green Mark certification generally leads to higher construction costs.
- 15. It is importantto construct in an environmentally sustainable manner because the construction sector emits significant greenhouse gases.
- 16. The construction sectoris one of the main contributors to GHG emissions in Singapore.
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- 18. According to Fiskand 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 ofthem 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 buildingsenvironmental friendly buildings will cost about 5% to 10% percent more! $ $ $ $
- 22. However, it isalso 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.
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- 26. The general researchapproach Singaporean respondents were requested to base their responses on the new home that they would purchase in the near future.
- 27. Willingness to paymore for green homes 86.7% of Singaporean have knowledge of environmental sustainability.
- 28. Willingness to paymore 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 analysisrevealed that 72% of them are willing to pay more for homes that incorporate green features.
- 30. Green features thathome buyers would pay for public transport accessibility are buildings within walking distance of an MRT station.
- 31. Buyers also likelyto 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.
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- 34. Third party financing of green features shouldbe considered.
- 35. funding green features Itis 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 alsolead by developing highly green public housing with low interest loans to end-users.
- 37. New York StateEnergy 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 getup to US$20,000 as unsecured loans payable during a period of up to ten years.
- 39. Homeowners could getup to US$20,000 as unsecured loans payable during a period of up to ten years. = RM61,000!
- 40. The participating lendersoffer the loans at up to 4% below existing interest rates.
- 41. The state alsooffers federal tax incentives to those who install energy efficient equipment and measures into their homes.
- 43. provide mandatory provisions standardsto adhere policy makers and regulators involve ✓ ✓ ✓
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- 46. Building Control (Environmental Sustainability)Regulations 2008 have mandatory provisions on the minimum environmental sustainability standards that construction projects must adhere to.
- 47. Policy makers andregulators may need to take into consideration issues.
- 48. Recommendation that potential homebuyers be educated about lifecycle costs instead of focusing merely on upfront costs.
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