Cushman & Wakefield has launched a report detailing the implications of Singapore’s new Mandatory Energy Improvement (MEI) regime, set to commence in Q3 2025. This initiative, introduced by the Building and Construction Authority (BCA), targets buildings with high energy consumption, mandating audits and improvements to boost energy efficiency. The report estimates that 65 office buildings in Singapore could be affected, underscoring the regime’s potential impact on the real estate sector.
The MEI regime is part of Singapore’s broader strategy to achieve net-zero emissions by 2050. Wong Xian Yang, Head of Research for Singapore and Southeast Asia at Cushman & Wakefield, noted, “Whilst the immediate impact may be limited to the most energy-intensive buildings, the MEI regime signals a broader tightening of sustainability standards.” He emphasised the importance of early planning and data-driven decisions for building owners to mitigate risks and manage costs effectively.
The report serves as a comprehensive guide for property owners, offering insights into understanding the MEI regime, identifying energy efficiency gaps, and developing cost-effective strategies to optimise energy use. It also highlights the competitive advantages of aligning with Singapore’s evolving real estate market.
The launch event, held at Cushman & Wakefield Singapore’s office, featured key industry figures discussing the regime’s implications. As Singapore moves towards a low-carbon future, the MEI regime represents a significant step in tightening sustainability standards across the built environment.
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