SET-listed developer Siamese Asset plans to apply for green certification for all of its new projects, hoping to qualify for a green loan from the World Bank Group’s International Finance Corporation (IFC).
Chief executive Kajonsit Singsansern said developing a property project to be certified for EDGE green building standards means additional costs, but these expenses can be offset or compensated.
“For residential projects, where the costs are typically passed on to buyers, the additional expenses associated with implementing green building standards can be offset by reducing the marketing…
