Singapore by alicejenny

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									             Singapore
‘greening’ old buildings                                                                                                            1 hurt in faCtory blaze



increases their value
Study finds increase in operating cost savings and capital value
SINGAPORE — Retrofitting energy         ered in about four to seven years”.      need not be costly. If the retrofit
inefficient commercial buildings             “However, many do not realise       cost is expressed as a percentage of
can lead to an increase in their        that another potential economic          the current market value of prop-
property value, said a joint study      benefit is the potential enhancement     erty, it is 0.5 per cent for retail and
by the Building and Construction        in the property value for green and      1 per cent for offices. There is also
Authority (BCA) and the National        energy efficient buildings,” he added.   no significant disruption to both
University of Singapore’s Depart-            Retrofitting to achieve the         owners and users, the study added.
ment of Real Estate.                    standard BCA Green Mark certifi-             The Department of Real Es-
    Six real estate consultancy         cation can result in a significant re-   tate in NUS will be developing a
firms collaborated in the study,        duction in energy consumption. The       valuation guideline for green com-
which found that retrofitting results   average savings from the buildings       mercial properties that will take          A man suffered minor burns when a factory caught fire yesterday
in an average 10 per cent savings in    sampled in the study after retrofit-     into account the cost and benefit          morning near Pioneer Road. The Singapore Civil Defence Force
                                                                                                                            (SCDF) said the man was sent to the Singapore General Hospital. The
operating costs and an increase of      ting is about 17 per cent of the total   of newly developed and retrofitted
                                                                                                                            SCDF also said they saw thick black smoke and a raging fire when
about 2 per cent in capital value.      building’s energy consumption.           green commercial properties. This          they arrived at the 23 Neythal Road site just after 9am. The fire was
    Mr Quek See Tiat, chairman               If measured by the area of          will be done in collaboration with         in an area which measured 10m by 10m and was used to store paint.
of BCA, noted at the International      the buildings where the owners           representatives from the six real          The fire was put out in 15 minutes with three water jets. The cause of
                                                                                                                            the fire is being investigated. PHoTo CouRTESy oF SCDF
Green Building Conference yes-          are responsible for paying for the       estate consultancy firms and BCA.


                                                                                                                           Changes in permanent
terday, that “there is now greater      utilities, the average savings is even       The BCA will also work with
awareness in the industry that the      higher at nearly 30 per cent.            the Singapore Institute of Surveyors
upfront cost of retrofitting energy          The study felt the effort to        and Valuers to incorporate guide-
inefficient buildings can be recov-     achieve Green Mark certification         lines on green building valuation.
                                                                                                                           Secretary appointments
Contraband cigarettes case: ex-pKMS
                                                                                                                           SINGAPORE — The Ministry of           pointed the Permanent Secre-
                                                                                                                           Trade and Industry will get a         tary for the ministry.
                                                                                                                           new Second Permanent Secre-                In addition, from Oct 2,

president faces s$4 million in fines, jail                                                                                 tary from next month, the Pub-
                                                                                                                           lic Service Division announced
                                                                                                                                                                 Mr Teo Ming Kian, 59, who is
                                                                                                                                                                 currently the Permanent Secre-
SINGAPORE — The former president        lane near the PKMS headquarters          Atlis Suryanto, 40, who has already       yesterday, along with other           tary for National Research and
of the Singapore Malay National         at Changi Road.                          been charged. The two men will be         changes to several Permanent          Development, and Advisor (Spe-
Organisation (PKMS) has been                 The rest of the cigarettes were     back in court on Friday.                  Secretary appointments.               cial Projects) for the Ministry
slapped with 12 charges for alleg-      later allegedly found in places which         If convicted of failing to pay the        In a statement yesterday,        of Finance, will relinquish both
edly dealing with contraband ciga-      included Ali’s former PKMS office and    duty and the GST, Ali faces more          the Public Service Division,          his appointments at the end of
rettes worth more than S$255,000.       a staircase landing in the building.     than S$4 million in fines. He can         which is part of the Prime Min-       his re-employment. Mr Teo is
     Ali Asjadi, 54, had been                Unpaid duty on the cigarettes       also be jailed up to three years for      ister’s Office, said Mr Ng How        chairman of MediaCorp.
stripped of party membership and        amounted to more than S$204,000.         each charge.                              Yue, 40, who is currently the              Ms Yong Ying-I, 47, cur-
duties on Sunday, a day after he        The court also heard that the un-             This is not his first brush with     Principal Private Secretary to        rently the Permanent Secretary
was arrested for allegedly dealing      paid Goods and Services Tax (GST)        the law. About a year ago, Ali was        the Prime Minister, will replace      for Health, will be appointed
with about 600kg of cigarettes.         for all the cigarettes amounted to       fined S$1,000 for fighting with sev-      Mrs Ow Foong Pheng as Second          concurrently as Permanent
     It is believed some 240kg were     about S$18,000.                          eral members of the party’s breaka-       Permanent Secretary for Trade         Secretary for National Research
recovered from two Singapore-                In two of the charges, it is be-    way group near the PKMS building          and Industry.                         and Development.
registered vehicles found in a back     lieved Ali worked with Indonesian        in 2009. SHAFFIQ ALKHATIB                      Mrs Ow, 47, will be ap-          CHANNEL NEWSASIA

								
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