Malaysia Property Market News and Guides

Green Technology in Malaysia

13 Jul 2015

What’s your view of Green Tech in Development?

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Energy savings, higher productivity and less waste – these are but a few of the many elements towards implementing green building concepts and practices.

Malaysian government has pledged to build up sustainable development. In a country where sustainable economy progress depends on vigilant protection of environment, the formation of the Ministry of Energy, Green Technology and Water (KeTTHA) can be of good assistance to enhance Malaysia’s green environmental performance. This ministry, which is still rather new, promotes green technology and eco-friendly products and services to grow sustainable economy.

One of its objectives is to build Green Township in Malaysia. It is one of the Ministry’s initiatives to combine all key sectors outlined under Dasar Teknologi Hijau Negara (DTHN). For instance, the Ministry, in joint alliance with GreenTech Malaysia, has agreed to make Putrajaya and Cyberjaya the green pilot project that will be a leading model for the rest of the developments in Malaysia. To achieve this, a Green Municipal Coordinating Committee for Putrajaya and Cyberjaya was also established to review issues of coordination between the development of Putrajaya and Cyberjaya. 

Despite the government’s commitment and effort to support sustainable development, public response is not precisely optimistic. Even among home builders themselves, there are doubts and queries that seem difficult to answer. According to Leadership in Energy and Environmental Design (LEED) in their website, developers worry that there is a lack of accurate, thorough and quantifiable information regarding the financial and economic impacts of high-performance buildings within the construction and home building industry. Not forgetting, the perception of cost is also a stumbling block for some.

In a study published in the Third international Conference on Business and Economic Research Proceeding in 2012, Malaysians generally have positive perception towards the adoption of green concept. The team of researchers also concluded more precisely that consumers of higher education and income group are more optimistic towards the idea of green and eco-friendly.

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What about you? What are your thoughts about the incorporation of green technologies and concepts into property development? Would you, as a developer or consumer, support the move? And what do you think are the challenges that a developer, consumer or even Malaysia as a country would encounter? Kindly write to us at editor@cloudhax.com to share your views!


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jodielee
This guide is written by jodielee. Send message to this author for further discussion on this article.
Jodie is the Editor of CloudHax Malaysia and a key member of CloudHax’s marketing team.

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