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ENHANCED $20 MILLION GREEN MARK INCENTIVE SCHEME FOR NEW BUILDINGS (GMIS-NB)

BACKGROUND

BCA launched the BCA Green Mark Scheme in January 2005 to promote environmental awareness in the construction and real estate sectors. It is used as the yardstick to rate the environmental friendliness of a building ('green building'). It encourages the adoption of an integrated design approach incorporating passive design and various Green Building Technologies (GBTs) to achieve a sustainable built environment.

A sum of $20 million was set aside on 'Green Mark Incentive Scheme (GMIS)' on 15 December 2006 for a period of 3 years or when the fund is fully committed (whichever is earlier). This is to help accelerate the adoption of environmentally-friendly green building technologies and building design practices. The enhanced scheme offers cash incentives to developers, building owners, project architects and M&E engineers who make efforts to achieve at least a BCA Green Mark Gold rating or higher in the design and construction of new buildings. For major retrofitting of existing buildings there is a new incentive under the new GMIS (EB) Scheme.

Please click here to find more information on BCA Green Mark Scheme.

Please click here to find more information on BCA GMIS (EB) Scheme.

 

EFFECTIVE DATE

The enhanced scheme is applicable with effect from 23 May 2008 for new Green Mark certifications. The GMIS (NB) Scheme will be expiring on 14 Dec 2009 or when the fund is fully committed (whichever is earlier). Applicants must submit their application before this date.


DETAILS OF THE SCHEME

The enhanced incentive scheme is now applicable for developers and building owners of new private developments with gross floor area (GFA) of at least 2,000 square metres which achieve BCA Green Mark Gold rating or higher.

In addition, the enhanced schemes incentive is extended to architects and M&E engineers in both private and public developments which achieve BCA Green Mark Gold rating or higher.

The amount of cash incentive for developments with BCA Green Mark Gold rating or higher is shown in the Table 1.


Table 1- Enhanced Green Mark Incentive

Green Mark Rating (1)

Green Mark Incentive
(for developers/building owners)

Green Mark Incentive
(for architects and M&E engineers)

Minimum Energy Savings(3)

Rate
(per 1,000m2)

Cap

Rate
(per 1,000m2)
Cap

Gold

$3,000 for new GFA(2)

$300,000

$500 each $50,000 each

-

GoldPLUS

$5,000 for new GFA(2)

$2,500,000

$800 each $80,000 each

25%

Platinum

$6,000 for new GFA(2)

$3,000,000

$1,000 each $100,000 each

30%

Note:

  1. The prevailing version of the BCA Green Mark Criteria for New Buildings will apply. Please see BCA website for details.
  2. These rates apply to new buildings.
  3. The minimum energy savings requirements is only applicable for air-conditioned buildings (exclude residential buildings). The energy saving must be demonstrated by energy modeling and validated on completion.

The cash incentive would be disbursed in two stages: 50% upon successful certification to the required Green Mark standards during design or construction stage, and the remaining 50% after validation, to be undertaken one year after TOP.

To download the Application Guideline and Form

For more information, you may like to check out the Frequently Asked Questions or to contact Mr Patrick Poh at 6325-1918/ email: patrick_poh@bca.gov.sg.