Ideas that pay – that is the essence of the creative economy, a concept first mooted by author John Howkins in 1991. In real estate, this has translated into innovations that lead to eco-buildings that make business sense and CapitaLand is committed to developing such projects.
Being green future proofs CapitaLand’s properties in anticipation of future higher fuel cost, rising expectations and changes in the physical environment and even legislative requirements.
CapitaLand had set Green rating targets in Singapore for its development projects before these were made compulsory. Over time, it raised its internal bench mark for such ratings to be always above legal requirement. Currently, the rating to be achieved is at least BCA Green Mark GoldPLUS status for all its Singapore projects initiated from 2011 onwards.