KepLand achieves Green Mark in Vietnam

Estella condo project expected to yield annual cost savings of $850,000
Keith Chee, Business Times 22 Jan 09;

THE Estella, a condominium being developed by Keppel Land, has become the first property in Vietnam to be granted the Green Mark Gold award by the Building and Construction Authority (BCA) of Singapore.

The BCA Green Mark is a rating system to evaluate a building for its environmental impact and performance.

Through some of the latest green technology, The Estella is expected to yield overall annual savings of 23 and 48 per cent in energy and water consumption, leading to over $850,000 in cost savings. The green initiatives used include solar roof panels, special paint and composite wood.

To promote eco-consciousness among residents, Keppel Land will set up an information corner on going green, as well as collection and storage areas for recyclable material at The Estella.

On the Green Mark Award, Keppel Land's executive director and CEO, International, Ang Wee Gee, said the group is 'privileged to contribute to the growth of Vietnam while balancing our economic and environmental objectives'.

The Green Mark for The Estella adds to Keppel Land's four developments in Singapore that have achieved the Green Mark Award, with each property yielding up to 40 per cent in energy and water savings.