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Bangkok Post
Bangkok Post
Business

Siamese Asset targets green certification for all new projects

An artist's rendition of a single detached house at Monsane Exclusive Villa Ratchapruek-Pinklao. This unit is priced at 40-50 million baht.

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.

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