Kwek Leng Joo, deputy chairman of City Developments Limited (CDL) has shared in a media report that the property developer has gained a savings in energy consumption which totaled S$21 million (US$16 million) due to its sustainability efforts between 2008 to 2011.
At the recent 2014 Annual Asia Competitiveness Institute, Kwek spoke on sustainability, saying that the company has been investing between 2% to 5% of its construction costs on the development of green features and building designs. The company owns 37 building which are Green Mark Gold rated.

Energy Consumption for The Terrace EC

As well as adopting methods that are more efficient in building, CDL’s also publishes an annual sensibility report as part of its sustainability efforts in The Terrace EC.
Kwek had pointed out that, even though various steps have been taken by the government to promote these environments that are built for sustainability, people should …