Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/146993
Title: BCA GREEN MARK CERTIFICATION FOR RESIDENTIAL BUILDINGS: DO CONSUMERS VALUE SPECIFIC GREEN FEATURES IN THEIR HOMES?
Authors: R. DIVIYA
Keywords: Green Building, Green labels, Sustainability, Housing Market
Issue Date: 9-Apr-2018
Citation: R. DIVIYA (2018-04-09). BCA GREEN MARK CERTIFICATION FOR RESIDENTIAL BUILDINGS: DO CONSUMERS VALUE SPECIFIC GREEN FEATURES IN THEIR HOMES?. ScholarBank@NUS Repository.
Abstract: The BCA Green Mark Scheme is an attempt by the Singapore government to drive the construction industry towards more eco-friendly buildings and to incentivise developers to start building “green”. This paper examines the homebuyers’ willingness to pay for the awards and some of the green features. The effectiveness of the scheme is analysed by estimating the price premiums of the awards and features over time. Singapore transaction data from 2005 to 2017 is used. Using the hedonic model, the results indicate that consumers are willing to pay differential premiums for the awards and the green features, but the premiums fade away over time.
URI: http://scholarbank.nus.edu.sg/handle/10635/146993
Appears in Collections:Bachelor's Theses (Restricted)

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