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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Press Release»Sustainable housing on the rise in emerging markets: research

    Sustainable housing on the rise in emerging markets: research

    1
    By Staff Writer on August 14, 2014 Press Release
    New research has revealed that the demand for sustainable homes in Africa, Asia and Latin America is skyrocketing. Leading global property portal Lamudi has analysed more than 500,000 property listings from its website in order to find out which countries are leading the demand for green buildings

    Asia and Latin America are undergoing an eco-revolution, with new research revealing demand for sustainable homes in these emerging markets is skyrocketing. This is also the case in other countries such as Kenya, which is experiencing a steady growth in the provision of sustainable houses as an increasing number of developers employ these designs.

    Global property portal Lamudi has today released new data into attitudes towards sustainability and green living in the emerging markets. The analysis of more than half a million property listings from the Lamudi website reveals that Pakistan is the leading emerging country for green homes and sustainable office space.

    With more than 16,700 property listings that include eco features, Lamudi.pk has seen a dramatic increase in the number of environmentally-friendly homes listed on its website over the past six months. Lamudi Pakistan has recently crossed 100,000 active property listings, almost 17% of which are fully or partially eco-friendly.

    In Bangladesh, the number of eco-homes on the Lamudi website has increased by 420% in the last six months, in line with increasing local demand for sustainable housing. With over 7000 eco-friendly listings, house-hunters in Bangladesh have more choice than ever when it comes to sustainable living. Myanmar has also seen an increase in the number of sustainable houses on the market locally, with House.com.mm now listing 2700 eco-friendly homes.

    There has also been a steady increase of sustainable homes in Latin America, with Mexico reaching 6000 eco-home listings this month. The number of fully or partially sustainable homes on the Lamudi Mexico website has increased by 340% in the past six months.

    Dan Karua, MD of Lamudi Kenya, commented: “In line with emerging trends, architectural firms are working hard to promote green designs throughout Kenya. Green buildings are designed to use natural sustainable materials, be energy efficient and reduce water use.”

    Other countries dominating in the supply of fully or partially sustainable homes include Indonesia, Saudi Arabia and Sri Lanka, the research found.

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