select
|

Africa’s first residential development to receive EDGE final certification

Fourleaf Estate in Parsonsvlei, Port Elizabeth is the first residential development in South Africa to be EDGE certified by the GBCSA.



The project is up to 29% more energy efficient; up to 25% more water efficient and boasts up to 43% reduction in the energy used to make construction materials

Fourleaf Estate in Port Elizabeth is the first residential project in Africa to meet the Excellence in Design for Greater Efficiencies (EDGE) resource-efficiency standard and receive EDGE final certification from the Green Building Council South Africa (GBCSA).

The estate is in Parsonsvlei, PE, and the first phase of the development consists of 125 two and three-bedroom homes ranging in size from 47m² to 90m².

The development is led by property development and marketing company, Similan, and funded by the Housing Impact Fund of South Africa (HIFSA), managed by the Development Impact Funds team within Old Mutual Alternative Investments.

“Sustainability is high on the agenda of our clients,” says Lenore Cairncross, who has been leading the EDGE certification process for HIFSA’s new housing developments.

“As a fund manager, HIFSA can provide a tangible indicator of green environmental performance by encouraging EDGE certification on our housing developments.

HIFSA has a pipeline of 2 500 to 3 000 new housing units over the next two to three years that will be designed to meet the EDGE standard and achieve certification. HIFSA aims to deliver a market-related, risk-adjusted return to investors and create new affordable housing stock to address the housing shortage.

Old Mutual Life Assurance Company South Africa is a co-investor in HIFSA alongside the Government Employees Pension Fund (managed by the Public Investment Corporation), the Development Bank of Southern Africa and the Eskom Pension Fund.

EDGE is a green building certification system for emerging markets created by IFC, a member of the World Bank Group. EDGE is a measurable way for residential developers to optimise the performance of their building design and be rewarded for resource efficiency through certification. The GBCSA is the exclusive certification services provider for IFC in South Africa.

The EDGE rating requires achieving savings of 20% in each of the three categories: operational energy and water usage and a reduction in the embodied energy of materials used in the project’s construction.

“Fourleaf Estate delivers significant energy savings to its residents through practical solutions like heat pumps for hot water, low-flow taps that reduce hot water consumption through aeration, and the installation of water-efficient fittings such as low-flow showerheads and dual-flush toilets. Reduced window-to-wall ratios and roof insulation ensure optimal energy efficiency. When operated by residents in the way intended, this combination of factors will translate into annual utility bill savings of around R1 280 a unit,” says Grahame Cruickshanks, Managing Executive: Residential at the GBCSA.

“Embodied energy refers to the amount of energy expended and greenhouse gas emissions generated in the extraction, production, transport and installation of materials used for construction. The EDGE App uses sophisticated global data, localised to the SA context, which considers common industry practice in material production and supply to predict the embodied energy associated with the major construction specifications on a build.

“Fourleaf was able to achieve 34% and 43% savings in each of the unit types by using cored bricks, cellulose roof insulation and clay roofing tiles on timber rafters, and other initiatives.”

Cruickshanks says awarding the first EDGE final certification in South Africa is a significant milestone – for the GBCSA and its partners in the programme and for the SA residential property sector and its journey towards becoming more sustainable.

“EDGE apart is comparatively simple to use and certification is affordable, making it invaluable to developers looking for smart and effective ways to differentiate their products in a tough economic climate. EDGE offers occupants utility cost savings, while tackling important environmental issues.”

Ecolution Consulting, the EDGE auditors for the Fourleaf project, ensured that all criteria were met to achieve certification.

“We believe EDGE will transform the residential market by embedding sustainability at its core,” says André Harms, director of Ecolution Consulting and an EDGE expert.

According to Similan, Fourleaf is predicted to realise annual savings of R414 000 by applying EDGE-certified energy and water efficiency measures. This would translate into expected savings of about R1 280 in utility costs for each unit.

“By using the EDGE App, annual savings of 123 230 kWH of electricity and more than 7 500 Kl of water have been projected for the Fourleaf project,” says Similan development manager, Pieter du Toit.

“The current market motivates Similan to continually look for ways that will result in immediate and future cost savings for home owners, so designing sustainable homes is one of our key goals.

Globally, IFC’s aim is to transform 20% of new residential and commercial building in rapidly-industrialising countries by 2020, driven by local green building councils and global certification providers. In SA this 20% target translates to about 50 000 homes by 2020.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
    • 22 Nov 2017
      While sales have noticeably slowed in most sectors in most Cape town suburbs, the security estate sector in Constantiaberg has bucked the trend by remaining buoyant, with sales by August this year already surpassing total sales in 2016.
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK