Sustainable property development brings green dividend

Sustainability is a new priority for residential property projects in Asia, especially at time the world is facing threats from climate change and diseases.

The building and construction sector is among the planet’s top polluters, being responsible for 39% of greenhouse gases emitted globally in 2017, according to research by UN Environment and the International Energy Agency.

“When we talk about sustainability in residential projects, it means we develop an energy-saving approach together with areas that are friendly to the environment,” says Suphin Mechuchep, managing director of the real estate services firm JLL Thailand.

Among the local developers setting a green example is LPN Development Plc, which was voted Best Sustainable Developer (Asia) in the PropertyGuru Asia Property Awards Grand Final 2020, beating 87 developers from 14 countries in the region, said Mrs Suphin, who was chairperson of PropertyGuru Thailand Property Awards’ judging panel.

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