Cost implications for certified Green Building Index buildings

The impact of worsening global weather conditions has led to a growing awareness of the importance of sustainability in the global context, including in Malaysia. As a consequence, the Green Building Index rating tool was adopted in Malaysia from 2009 as a yardstick to guide the green buildings. The...

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Main Authors: Chong, Heap Yih, Tam, V., Lai, W., Sutrisna, M., Wang, X., Illankoon, I.
Format: Conference Paper
Published: 2017
Online Access:http://hdl.handle.net/20.500.11937/53597
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author Chong, Heap Yih
Tam, V.
Lai, W.
Sutrisna, M.
Wang, X.
Illankoon, I.
author_facet Chong, Heap Yih
Tam, V.
Lai, W.
Sutrisna, M.
Wang, X.
Illankoon, I.
author_sort Chong, Heap Yih
building Curtin Institutional Repository
collection Online Access
description The impact of worsening global weather conditions has led to a growing awareness of the importance of sustainability in the global context, including in Malaysia. As a consequence, the Green Building Index rating tool was adopted in Malaysia from 2009 as a yardstick to guide the green buildings. The research aims to identify the initial cost premium for a residential green building to achieve certified green status with the use of basic green options. The primary data were mainly collected from bills of quantities, semi-structured discussions with project personnel, cost experts and suppliers. Finally, a sensitivity analysis is also carried out to analyse the impact of incremental costs to the changes in prices of green material. The findings show an incremental cost of 2·2% of the contract sum to develop a certified residential green building with basic green options. The research provides cost guidelines about the actual premium needed to embark on green building projects. The outcomes of this research can support the decisions of the developer to promote a greener-built environment.
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format Conference Paper
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institution Curtin University Malaysia
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publishDate 2017
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spelling curtin-20.500.11937-535972017-09-13T15:46:59Z Cost implications for certified Green Building Index buildings Chong, Heap Yih Tam, V. Lai, W. Sutrisna, M. Wang, X. Illankoon, I. The impact of worsening global weather conditions has led to a growing awareness of the importance of sustainability in the global context, including in Malaysia. As a consequence, the Green Building Index rating tool was adopted in Malaysia from 2009 as a yardstick to guide the green buildings. The research aims to identify the initial cost premium for a residential green building to achieve certified green status with the use of basic green options. The primary data were mainly collected from bills of quantities, semi-structured discussions with project personnel, cost experts and suppliers. Finally, a sensitivity analysis is also carried out to analyse the impact of incremental costs to the changes in prices of green material. The findings show an incremental cost of 2·2% of the contract sum to develop a certified residential green building with basic green options. The research provides cost guidelines about the actual premium needed to embark on green building projects. The outcomes of this research can support the decisions of the developer to promote a greener-built environment. 2017 Conference Paper http://hdl.handle.net/20.500.11937/53597 10.1680/jwarm.16.00019 restricted
spellingShingle Chong, Heap Yih
Tam, V.
Lai, W.
Sutrisna, M.
Wang, X.
Illankoon, I.
Cost implications for certified Green Building Index buildings
title Cost implications for certified Green Building Index buildings
title_full Cost implications for certified Green Building Index buildings
title_fullStr Cost implications for certified Green Building Index buildings
title_full_unstemmed Cost implications for certified Green Building Index buildings
title_short Cost implications for certified Green Building Index buildings
title_sort cost implications for certified green building index buildings
url http://hdl.handle.net/20.500.11937/53597