Green homes are good investments because they can be sold for a premium, according to Kashif Ansari, co-founder and group chief executive officer of Juwai IQI.
Numerous studies from Asia, Europe, and North America, according to him, show that green homes can resell for up to nine per cent more than otherwise comparable properties.
According to Kashif, the reselling price premium for a green property in Kuala Lumpur would be roughly US$8455 (MR40,100).
In Ho Chi Minh City, the resale price premium on a median-priced green apartment would be about US$13,842 (VND346,100), while in Bangkok, the reselling price premium on an average-priced green apartment would be around US$8,455 (TB316,350).
Meanwhile, Kashif said that despite fast advancements in building methods and materials, buildings still contribute close to 40 per cent of global greenhouse gas emissions.
According to him, even a little adjustment might have a significant impact on greenhouse gas emissions.
Juwai IQI intends to build a new carbon emission calculator into its super-app, Atlas, which is used by members of its 30,000-strong global agent network.
The calculator, according to Kashif, will provide homebuyers with straightforward, understandable, and useful information regarding the environmental effects and ongoing expenses of dwellings.
"For example, when you put air conditioning vents in the floor rather than the wall or ceiling, your building can save one-third of the energy it uses for cooling. In hot climates, you can save more energy by using window glass designed to let in the light but not the heat," he said.
"We are working toward the next generation, where being green will be the priority in choosing many things in life, including homes. We want to empower consumers with a greater awareness of their climate impacts and the ability to reduce their water and energy bills," he said.
Khasif claimed that developers are moving towards more sustainable construction, but there are no good tools to communicate the benefits of new green buildings to potential buyers.
"Our new calculator is the next step for Juwai IQI after our commitment in May 2021 to achieve net zero emissions and carbon neutral certification from 2030," he said.
Kashif said the company will begin by integrating its climate emissions calculator into Atlas.
"From there, we can feed the data to third-party portals and our real estate listing portals. The calculator will be a small, illustrated data window on each listing that reports on the property's carbon footprint and likely lifestyle-related carbon footprints of the people who live there.
"Homes that otherwise look identical can have vastly different climate impacts. Juwai IQI climate emissions calculator will make it easy to compare homes' sustainability," he said.
