Construction Cost of Green Building Certified Residence: A Case Study in Taiwan

Sun, Chen-Yi; Chen, Yin-Guang; Wang, Rong-Jing; Lo, Shih-Chi; Yau, Jyh-Tyng; Wu, Ya-Wen

doi:10.3390/su11082195

Open AccessArticle

Construction Cost of Green Building Certified Residence: A Case Study in Taiwan

by

Chen-Yi Sun

^1,*

,

Yin-Guang Chen

¹,

Rong-Jing Wang

²,

Shih-Chi Lo

²,

Jyh-Tyng Yau

² and

Ya-Wen Wu

³

¹

Department of Land Economics, National Chengchi University, Taipei 11605, Taiwan

²

Architecture and Building Research Institute, Ministry of the Interior, New Taipei City 23143, Taiwan

³

Department of Electronic Banking, Land Bank of Taiwan, Taipei 10047, Taiwan

^*

Author to whom correspondence should be addressed.

Sustainability 2019, 11(8), 2195; https://doi.org/10.3390/su11082195

Submission received: 28 February 2019 / Revised: 9 April 2019 / Accepted: 9 April 2019 / Published: 12 April 2019

(This article belongs to the Section Economic and Business Aspects of Sustainability)

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Abstract

The green building certification system of Taiwan, EEWH (Ecology, Energy Saving, Waste Reduction and Health), has been in operation for more than 20 years (since 1999). In order to understand the relationship between green building certification and the construction costs of residential buildings, this study obtained 37 green building-certified residential cases and 36 general residential cases available from public information and conducted a comparative analysis. The results of this study showed that the average construction cost of a green building certification residential building was only 1.58% higher than a general residential building, indicating that green building certification does not require a large increase in costs. However, for residential buildings, achieving a high-grade (gold-grade or diamond-grade) green building certification means an increase of 6.7% to 9.3% in construction costs. This shows that the pursuit of higher levels of green building certification does require higher construction costs. In addition, the results of this study can not only provide important references for the government in making green building policies, but also offer a practical strategy for developers for decision-making.

Keywords: policy; sustainable development; environmental friendly; evaluation system

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MDPI and ACS Style

Sun, C.-Y.; Chen, Y.-G.; Wang, R.-J.; Lo, S.-C.; Yau, J.-T.; Wu, Y.-W. Construction Cost of Green Building Certified Residence: A Case Study in Taiwan. Sustainability 2019, 11, 2195. https://doi.org/10.3390/su11082195

AMA Style

Sun C-Y, Chen Y-G, Wang R-J, Lo S-C, Yau J-T, Wu Y-W. Construction Cost of Green Building Certified Residence: A Case Study in Taiwan. Sustainability. 2019; 11(8):2195. https://doi.org/10.3390/su11082195

Chicago/Turabian Style

Sun, Chen-Yi, Yin-Guang Chen, Rong-Jing Wang, Shih-Chi Lo, Jyh-Tyng Yau, and Ya-Wen Wu. 2019. "Construction Cost of Green Building Certified Residence: A Case Study in Taiwan" Sustainability 11, no. 8: 2195. https://doi.org/10.3390/su11082195

APA Style

Sun, C.-Y., Chen, Y.-G., Wang, R.-J., Lo, S.-C., Yau, J.-T., & Wu, Y.-W. (2019). Construction Cost of Green Building Certified Residence: A Case Study in Taiwan. Sustainability, 11(8), 2195. https://doi.org/10.3390/su11082195

Note that from the first issue of 2016, this journal uses article numbers instead of page numbers. See further details here.

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