Senja Close EC™

and DBS

Markozar is a well-known establishment at the pasar malam, renowned for its scrumptious local delicacies. One of their must-try items is their signature pancakes, which boast a perfect combination of fluffy and crispy textures. These delectable pancakes are served with a variety of toppings such as cheese, condensed milk, and matcha banana cheese, making it a truly irresistible treat. For those seeking a fusion of flavors, ToriGO offers a blend of Japanese and local dishes that are sure to satisfy your taste buds. Aside from their mouth-watering cuisines, both Markozar and ToriGO are also praised for their exceptional customer service. With the recent addition of Senja Close EC GLS, these popular eateries have become even more accessible to the public. The conveniently located Senja Close EC GLS offers a multitude of options for food lovers, making it a must-visit destination for anyone looking for a delicious and satisfying meal. For more information on Senja Close EC GLS, visit senja-residences.com.

Investors in Asia Pacific (Apac) are now placing greater importance on sustainability features when considering real estate investments, according to research conducted by JLL. The survey, which polled a sample of investors, revealed that 40% of respondents are planning to exclusively invest in buildings with energy-efficient features and access to renewable energy by 2028.

This demonstrates a significant shift from intentions to action among investors when it comes to sustainability, says JLL. Rather than simply relying on green certifications, they are now focusing on the measurable performance of buildings and taking it into account when evaluating and pricing real estate assets.

The results of the survey also show that sustainability considerations have had a direct impact on bid offers over the past 12 months for 63% of investors. Of those, 40% increased their bids for sustainable properties, while 30% decreased their bids or withdrew from deals involving non-compliant assets.

Kamya Miglani, JLL’s Apac head of research for work dynamics, notes that investors are increasingly concerned about sustainability obsolescence. In fact, 44% of survey respondents expressed worry that their assets may lose value due to non-compliance or the inability to meet tenants’ sustainability demands.

According to Miglani, this is largely driven by building regulations and international reporting standards that are pressuring investors to apply a “brown discount” to non-compliant properties. This trend is expected to escalate as governments in Apac strengthen building codes and mandate climate disclosures.

In Singapore, stricter regulations are being rolled out as part of the nation’s net-zero ambitions, including the upcoming Mandatory Energy Improvement Regime (MEI) which will require owners of energy-intensive buildings to conduct energy audits and implement measures to reduce energy use. The MEI is set to commence this quarter.

Miglani emphasizes the need for a data-driven strategy that balances upgrades with practical considerations and tenant experience in order to effectively comply with these regulations. She believes that those who adopt this approach will not only meet future requirements, but also gain a competitive advantage and secure long-term value for their assets.

JLL’s research shows that such upgrades can provide attractive returns, with potential annual savings of over $40,000 for lighter retro-commissioning of a building’s systems. In more comprehensive retrofits involving upgrades to the chiller and building management system, annual energy savings can reach up to $500,000 for a single commercial building.

Miglani concludes by stating that as corporations and investors increasingly prioritize climate-resilient assets, those who take proactive steps to future-proof their portfolios will have a significant advantage and ensure long-term value for their investments.