Seem like Green Property development is now a trend in Malaysia. Green Building Index, the new rating system in the country has been introduced lately to assist in rating these green building projects.
Will the Green Building Certified properties is a must criterion to be fulfilled for future home buyer and investor? If this is happening, then green building standards’ properties will be the next hot investment product in real estate market Malaysia. The comparison of different green building assessment criteria:
- LEED (USA): sustainable site, water efficiency, energy & atmosphere, materials & resources, indoor environmental quality, innovation design/construction process
- Green Star (Australia): management, transport, ecology, emissions, water, energy, materials, indoor environmental quality, innovation
- Green Mark (Singapore): energy efficiency, water efficiency, environmental protection, indoor environmental quality, other green features
- Green Building Index (Malaysia): energy efficiency, indoor environmental quality, sustainable site & management, materials & resources, water efficiency, innovation
Better Investment Values
The interesting part I found out from the above newspaper cutting is, Green Buildings in US are found having better capital values, higher occupancy rates and rental rates comparing to the non-green buildings.
Personally, I like the green building concept. Just imagine how good is it if we are staying in a house certified by GBI Malaysia. That means, the house save money from your electricity and water bill, ventilation systems are well designed, construction materials used are carefully chosen and etc.
So, buy green or non green property?
For more green building information, please visit www.greenbuildingindex.org
