Benefits of Green Architecture
Green Architecture refers to a built environment that is ecologically, socially and economically sustainable. It is a way of making progress through thoughtful planning and design, in order to meet the needs of the present without compromising on future potentials.
1 GREATER WELLNESS & PRODUCTIVITY
Buildings with natural light and better Indoor Air Quality (IAQ) improves productivity of its occupants. Parameters contributing to the IAQ include thermal comfort, particulate matter (PM) levels and bacterial count. The Green Mark standards established in Singapore is a benchmark
scheme which incorporates internationally recognised best practices in building design. An eco-friendly building that is of Green Mark standard will see an increase in the wellbeing and health of its occupant
Instead of the usual cubicle office, there is nature surrounding every workstation in this corporate office. These includes natural daylight and other natural elements. Thus, this creates a positive and energetic environment that helps the staff relax – ultimately generating higher productivity. Researchers from Harvard found that a green-certified office can boost productivity by 15.2% and reduce sickness-related absences by 30%.
One key way to reduce construction cost is to utilise modular offsite fabrication. Instead of using conventional on-site construction methods, building components requiring higher accuracy and complexity can be produced off-site to ensure precision and less wastage due to in-situ mistakes.
Through modular construction methods, labor cost will be effectively reduced while consistency is being assured. The construction timeframe can be shortened, and there would be lower noise, air and water pollutions on site too.” A 2016 study by KPMG found a 7% net financial savings in construction cost when off-site manufacturing is applied.
Designing a development that is mindfully designed with eco-friendly features can be more cost-effective aross all building scales. In the long run, an Eco Development can save construction and maintenance costs through both active and passive means such as site planning, sensitive use of finishes and sunshading devices, to name a few.
Studies conducted in US have found out that Green Certification could bring in rental premiums of up to 6%, and sale price premiums of up to 35%. A survey by The Business Times mentioned that Green Certified Buildings attracts tenants that tend to be MNCs and large domestic listed organizations, as they have to showcase their corporate social responsibility, carbon commitments and climate policies to the stakeholders, clients, employees and the public.