Is sustainability the key to stronger performance? Cushman & Wakefield’s data says yes. Green Mark-certified buildings in the CBD are not only maintaining occupancy rates 2.5 to 4 percent higher than non-certified ones but also commanding rents up to 12 percent higher for Platinum certifications. Since 2020, landlords have jumped on the sustainability bandwagon, upgrading to higher certifications.
Cushman and Wakefield’s refreshed 2024 report reveals how going green is boosting value in Singapore’s office market. The report has found that going green boosts value for landlords in Singapore’s office markets with up to 12 percent higher rent and 4 percent higher occupancy rates.
