Singapore Fifth in Green Office Space Certifications (Int'l)
A recently released report from CBRE Research placed Singapore in fifth place across the six major gateway cities in Asia Pacific (APAC) in terms of the largest volume of green office space with approximately 13 million sq-ft.
Shanghai topped the list with more than 20 million sq-ft or around 80% of new office buildings certified as green spaces, followed by Hong Kong with 19 million sq-ft, Beijing registered 16.5 million sq-ft followed by Tokyo with an estimated 4.9 million sq-ft of certified green space.
The 2014 Singapore Green Building Master Plan targeted the the local Green Mark standard for 80 pct of all buildings by 2030. It's adoption rate presently stands at 27 pct as of 2018.
(Source: CBRE Research, Singapore Business, Dec., 2018) Contact: CBRE Research, www.cbre.com/research-and-reports
More Low-Carbon Energy News CBRE Research, Green Office, Energy Efficiency,