PropertyGuru launches 'Green Score' to guide Singaporeans to sustainable homes

PropertyGuru Group ('PropertyGuru' or 'the Group'), Southeast Asia's leading property technology ("PropTech") company, today announced the launch of 'PropertyGuru Green Score' ('Green Score'), a sustainability rating attributed to condominiums and HDBs listed on Propertyguru.com.sg. Green Score empowers property seekers in Singapore to learn how eco-friendly their present or new home is, and to support environment-friendly lifestyles. The Green Score of a project is based on the proximity to public transport (within 400m), green building rating assessment such as BCA Green Mark certification, and sustainability awards won from 'PropertyGuru Asia Property Awards', Asia's biggest property awards program, with additional relevant criteria to be added in the future. The score ranges from 1-5, denoting average, good and excellent sustainability rating of the project.

Green Score addresses the increasing demand among property seekers to make sustainable life choices, especially around choosing their future home. PropertyGuru's latest H2 2021 Consumer Sentiment Study found that 82% of home seekers are willing to consider paying more for an environmentally sustainable home, with their top three sustainability features comprising smart cooling systems, high-insulation windows and doors, and solar panels. Hari V. Krishnan, Chief Executive Officer and Managing Director, PropertyGuru Group, said, "As the region's proptech leader, we felt it was our responsibility to enable and drive this change in sustainable urban living. Since last year, we have ramped up our programs, tech capabilities, talent, and partnerships to promote sustainable urban living and influence positive changes in our community. Green Score practically enables Singaporeans to prioritise 'sustainability' as a consideration in their property decisions.