Building and Construction Authority (BCA)

Do green buildings really enjoy higher rents and lower costs? - THE EDGE SINGAPORE

Sustainability

Do green buildings really enjoy higher rents and lower costs?

Nearly every new development is now marketed as a green building. Is the industry building a house of cards?

Construction

Construction demand to rise to $38 billion in 2024: BCA

The full-year preliminary figure of $33.8 billion exceeded BCA's projection of $27 billion to $32 billion in January 2023
New 'carbon calculator' helps building and construction sector account for embodied carbon - THE EDGE SINGAPORE

Sustainability

New 'carbon calculator' helps building and construction sector account for embodied carbon

The calculator accounts for the upfront carbon of materials used and factors reflect the footprint in a local context, says JTC.

Environmental, Social and Governance

With products in 40% of commercial buildings here, Johnson Controls cuts emissions through greening

Buildings contribute 20% of carbon emissions here. The government aims to green 80% of Singapore’s buildings by 2030.
BRC Asia sees 1H21 earnings fall 15% to $19.2 mil due to provisions for onerous contracts - THE EDGE SINGAPORE

Results

BRC Asia sees 1H21 earnings fall 15% to $19.2 mil due to provisions for onerous contracts

The group has declared an interim dividend of 4 cents per share for the 1HFY2021.
CDL-led consortium secures $1.22 bil green loan from five banks - THE EDGE SINGAPORE

Green loans

CDL-led consortium secures $1.22 bil green loan from five banks

The loan is provided by DBS, UOB, Maybank, SMBC and OCBC.
PhillipCapital initiates 'buy' on BRC Asia, projects record profit for FY2021 and FY2022 - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital initiates 'buy' on BRC Asia, projects record profit for FY2021 and FY2022

PhillipCapital has started coverage on BRC Asia with a “buy” rating and a target price of $1.87
UOBKH maintains 'buy' call on BRC Asia with higher TP on recovery in 1Q21 net profit - THE EDGE SINGAPORE

Broker's Calls

UOBKH maintains 'buy' call on BRC Asia with higher TP on recovery in 1Q21 net profit

UOBKH has also upped its earnings forecasts for the FY2021-FY2023 by 9-11% due to stronger demand for construction activities.
Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building - THE EDGE SINGAPORE

Sustainability

Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building

The certification makes it the first commercial building in Singapore to achieve this accolade.

Construction

Resumption of activity brings glimmer of hope to construction sector

Economists say the resumption of construction activity, saying that the “baby steps” will help drive growth in the sector.
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