[Bldg-sim] Enquiry about market value after LEED Certification

[Krishnaji Pawar]

Dear ALL
 
I am writing to inquire whether after USGBC –LEED Certification, Owner or Developer can increase the selling price for their project. At present, I am handling more than 66 active LEED projects and in every Technical meeting and Eco charrete, the client and developers are interested to know the benefits of LEED Certification mainly in terms of cost/selling price and also how to increase the market value of the project. 
As for the present, a new resolution on the implementation of green building specifications and standards in the Emirate of Dubai has been issued by H.H. Sheikh Mohammed bin Rashid Al Maktoum Vice-President and Prime Minister of UAE and Ruler of Dubai. As per the new resolution, effective January 2008, all owners of residential and commercial buildings and properties in the emirate of Dubai must comply with the internationally recognized environment friendly specifications to turn Dubai into a healthy city that meets the demands of best practices and benchmarks of pollution-free sustainable development. The said resolution will boost Dubai’s continuous efforts to promote global endeavors to face environmental challenges, Chairman of The Executive Office Mohammed Abdullah  Al  Gergawi  said  citing  efforts  by  Dubai  to  bring  climate change and global warming under control. This was published in The Emirates News Agency, WAM (Wakalat
 Anba’a al-Emarat), Oct. 24, 2007.
 
Due to the economic crisis, clients seem to be more interested and constantly wondering on the future benefit they will be gaining from making their building green.
 
Furthermore, some clients are getting interested in green business and joining USGBC membership. We would appreciate if you could provide us any document or explanation to answer such inquiry from the client. Could you send us some information about the market value of the projects after LEED certification?  I am looking forward to receiving your reply.

Yours faithfully,
 
 
 
  Thanks and Regards
 Krishnaji Pawar LEED® AP 
 


      
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