Philippine real estate is increasingly benefiting from green standards certification, boosting property values, attracting eco-conscious buyers and tenants, and contributing to a more sustainable environment. These certifications, like LEED and BERDE, act as stamps of approval, indicating that a building is designed, constructed, and operated in an environmentally responsible manner. This leads to lower operating costs, healthier indoor environments, and a positive impact on the community.
What are “Green” Buildings and Green Standards?
Let’s break it down. A “green” building is one designed and built to reduce its impact on the environment and human health. This means it uses resources like energy, water, and materials efficiently. It also focuses on creating healthier environments for those who live or work inside. Think of it as a building that cares about the planet and its occupants.
Green standards, on the other hand, are sets of guidelines and benchmarks that define what makes a building “green.” These standards provide a framework for developers, architects, and builders to follow. Meeting these standards allows a building to earn a green certification, which is a very important and visible marker.
Popular Green Building Certifications in the Philippines
The Philippines is seeing increasing adoption of green building certifications. Two of the most common are LEED and BERDE:
LEED (Leadership in Energy and Environmental Design): This is an internationally recognized green building certification system developed by the U.S. Green Building Council (USGBC). LEED assesses buildings based on various factors, including energy efficiency, water conservation, material selection, indoor environmental quality, and location & transportation. Buildings can achieve different levels of LEED certification, such as Certified, Silver, Gold, and Platinum, depending on how well they meet the requirements.
BERDE (Building for Ecologically Responsive Design Excellence): BERDE is a green building rating system developed specifically for the Philippines. It considers the specific context and climate of the country. Developed by the Philippine Green Building Council (PHILGBC), BERDE assesses a building’s environmental performance across various categories, including energy efficiency, water efficiency, materials, indoor environmental quality, site sustainability, and waste management. Much like LEED, buildings can achieve different levels of BERDE certification.
Both LEED and BERDE certifications demonstrate a building’s commitment to sustainability and can significantly enhance its market value. Many developers choose a certification based on project requirements and alignment with their sustainability goals. For example, you can find detailed guides to LEED certification on the USGBC website.
The Benefits of Green Building Certification for Philippine Real Estate
Earning a green building certification for a Philippine property brings a range of advantages for developers, owners, tenants, and the environment. Let’s explore these benefits:
Increased Property Value: Green-certified buildings often command higher rental rates and sales prices compared to conventional buildings. Buyers and tenants are increasingly willing to pay a premium for properties that offer energy efficiency, healthier indoor environments, and contribute to sustainability. This is because more individuals are becoming increasingly conscious of the benefits that they can receive while also being able to contribute to protect the environment. As reported by Statista, there is an increasing market size for green building worldwide .
Reduced Operating Costs: Green buildings are designed to be more energy-efficient and water-efficient, leading to lower utility bills. Features such as high-performance windows, efficient HVAC systems, and water-saving fixtures can significantly reduce a building’s operating expenses. For example, installing solar panels can greatly reduce the electrical bill.
Attracting Tenants and Buyers: More and more people are looking for sustainable living and working spaces. Green certification acts as a strong marketing tool that attracts environmentally conscious tenants and buyers. Many companies prioritize locating their offices in green buildings to align with their corporate social responsibility goals.
Healthier Indoor Environment: Green buildings prioritize indoor environmental quality, which can lead to a healthier work environment. Many studies have explored the benefits of putting people at the centre of green buildings. Features such as improved ventilation, natural lighting, and the use of low-emitting materials contribute to a healthier and more productive environment for occupants.
Positive Impact on Brand Image: Developing or owning a green-certified building can enhance a company’s brand image and strengthen its reputation as a responsible and sustainable organization. This can lead to increased customer loyalty and attract investors who prioritize environmental, social, and governance (ESG) factors.
Compliance with Regulations: The Philippine government is increasingly promoting green building practices through regulations and incentives. Green building certification can help developers and property owners comply with these regulations and access potential incentives.
The Cost of Green Building Certification
Obtaining a green building certification involves costs, including registration fees, consulting fees, and the cost of implementing green building strategies. The actual cost will vary depending on factors such as the size and complexity of the project, the level of certification pursued, and the expertise of the consultants involved.
While there are upfront costs, it’s essential to view green building certification as an investment that can yield long-term returns. The reduced operating costs, increased property value, and marketing advantages associated with green certification often outweigh the initial investment. Furthermore, there are cases when available government policies or incentives may help offset these costs.
How to Achieve Green Building Certification in the Philippines
The path to achieving green building certification involves several steps. Here’s a general overview:
1. Set Goals: Define your sustainability goals and determine which green building certification system (LEED, BERDE, etc.) best aligns with your project’s objectives.
2. Assemble a Team: Engage a team of professionals with expertise in green building design, construction, and certification. This team may include architects, engineers, contractors, and consultants.
3. Design and Construction: Integrate green building strategies into the design and construction phases. This may involve selecting energy-efficient systems, using sustainable materials, implementing water conservation measures, and optimizing indoor environmental quality.
4. Documentation: Carefully document all aspects of the project that contribute to green building performance. This documentation will be required for the certification application.
5. Certification Application: Submit the certification application to the relevant certifying body (e.g., USGBC for LEED, PHILGBC for BERDE). They review the documentation.
6. Verification: The certifying body will review the application and may conduct on-site verification to ensure compliance with the certification requirements.
7. Certification Award: If the project meets all the requirements, the certifying body will award the green building certification.
Green Building Features in Action: Examples from the Philippines
Several projects in the Philippines have successfully achieved green building certification, demonstrating the feasibility and benefits of sustainable construction practices.
Arthaland Century Pacific Tower: This office building in Bonifacio Global City (BGC) has achieved LEED Platinum certification. It implements various green building strategies such as high-performance glazing, rainwater harvesting, and efficient lighting systems. The tower’s design prioritizes natural light and ventilation, creating a healthier and more productive work environment.
Zuellig Building: Located in Makati, this building is a prime example of sustainable building design. It has also achieved LEED Gold certification thanks to its energy-efficient systems, water conservation measures, and use of sustainable materials.
Aseana City’s various developments: Many buildings within Aseana City employ green building practices, incorporating features like green roofs, efficient waste management systems, and sustainable transportation options. These developments showcase a commitment to creating a sustainable urban environment.
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These examples illustrate that green building practices can be successfully implemented in various types of projects across the Philippines, ranging from office towers to residential developments.
What Green Building Certifications Mean for Homebuyers and Renters
For homebuyers and renters, green building certifications offer several benefits:
Lower Utility Bills: Green-certified homes are designed to be more energy-efficient and water-efficient, leading to significantly lower utility bills. This can save money over the long term.
Healthier Living Environment: Green homes prioritize indoor environmental quality, reducing exposure to harmful pollutants and allergens. This can lead to improved respiratory health and a reduced risk of allergies and asthma.
Increased Comfort: Green homes are often designed to maximize natural light and ventilation, creating a more comfortable and pleasant living environment.
Sustainability: By choosing a green home, you are contributing to to creating an eco-friendly place to live in.
Higher Resale Value: Green homes are becoming increasingly desirable. They command higher resale value compared to their non-green counterparts.
The Future of Green Building in the Philippines
The future of green building in the Philippines looks promising. With growing awareness of environmental issues and increasing government support, the demand for green buildings is expected to continue to grow. As the market for green buildings expands, so will the opportunities for developers, investors, and building professionals in the Philippine real estate sector. In the coming years, it is highly likely that we might see further developments in sustainable building materials being developed here in the Philippines.
Additionally, technological advancements are playing a crucial role in advancing green building practices. Smart building technologies, such as automated lighting and climate control systems, can optimize energy consumption and enhance building performance.
How the Local Government Supports Green Building
Local government units (LGUs) are increasingly playing a role in supporting green building practices in their communities. Several LGUs in the Philippines have implemented policies and programs that incentivize green building development. These may include property tax incentives, expedited permitting processes, and technical assistance.
For instance, some cities offer tax breaks to developers who obtain green building certifications. Local governments are also promoting green building through educational campaigns and outreach programs.
Real Estate Professionals and Green Building
Real estate professionals, including brokers, agents, and property managers, play a vital role in promoting green building practices.
Educating Clients: Real estate professionals can educate their clients about the benefits of green buildings. This includes highlighting the financial benefits, environmental benefits, and health benefits associated with green-certified properties.
Marketing Green Buildings: Real estate professionals can effectively market green buildings by showcasing their sustainable features and highlighting their certifications.
Connecting Buyers and Sellers: Real estate professionals can connect buyers and sellers seeking green properties.
Green Building Materials: What to look for in the Philippines
Choosing sustainable building materials is one of the ways to improve building practices. These materials are often locally sourced, have low environmental impact, and are durable.
Bamboo: This sustainably grown resource is increasingly used for structural and decorative elements.
Recycled Materials: Using recycled materials, such as reclaimed wood, recycled plastic, and crushed concrete, reduces waste and conserves resources.
Locally Sourced Materials: Sourcing materials locally reduces transportation emissions and supports local economies.
Low-VOC Paints and Finishes: Using paints and finishes with low volatile organic compounds (VOCs) improves indoor air quality.
FAQ Section
What is the difference between LEED and BERDE certification?
LEED is an internationally recognized certification system developed by the U.S. Green Building Council, while BERDE is a green building rating system developed specifically for the Philippines. BERDE is tailored to the local climate and context, while LEED offers broader global recognition. The choice between the two depends on the project’s specific goals and target market.
Is green building certification expensive?
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The cost of green building certification varies depending on the size and complexity of the project. While there are upfront costs, the long-term benefits, such as reduced operating costs and increased property value, often make it a worthwhile investment.
Do green buildings really save money on utilities?
Yes, green buildings are designed to be more energy-efficient and water-efficient. This leads to significantly lower utility bills, saving owners and tenants money over the long term.
Are there government incentives for green building in the Philippines?
Yes, many local government units (LGUs) in the Philippines offer incentives for green building development, such as property tax breaks and expedited permitting processes.
How do I find a green-certified property to buy or rent?
Ask your real estate agent to specifically look for properties with green building certifications like LEED or BERDE. You can also search online listing websites and filter search terms by “green building,” “eco-friendly,” or specific certifications. Some websites have a directory of green-certified buildings within a local area.
References
U.S. Green Building Council (USGBC)
Philippine Green Building Council (PHILGBC)
Statista
World Business Council for Sustainable Development (WBCSD)
Ready to take the next step toward sustainable real estate in the Philippines? Whether you are a developer, investor, homeowner, or renter, exploring the benefits of green building certification can have a positive impact on your investment and the environment. Contact your real estate agent or consultant today to get started on your green building journey. Embrace the future of building – a future that’s sustainable, healthy, and economically advantageous!
