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Green Mark Incentive Scheme for Existing Buildings and Premises (GMIS-EBP)

The $50 million incentive scheme encourages Small and Medium Enterprises (SMEs) to undertake energy improvement works for their buildings or tenanted spaces.

Scheme details

Cash incentive

Up to 50% of qualifying costs incurred solely for the purpose of energy efficiency improvements in existing buildings and premises.

All applications must be lodged before starting energy improvement works.

Refer to the application guidelines for the list of commonly approved energy efficiency equipment and energy improvement works.

Types of buildings and premises

  1. Existing private commercial and business parks’ buildings such as:

    a. Shopping malls
    b. Hotels
    c. Office buildings
    d. Other approved buildings

  2. Existing non-governmental organisations (NGOs), voluntary welfare organisations (VWOs) and religious organisation buildings
  3. Tenanted premises such as:

    a. Offices
    b. Retail spaces
    c. Restaurants
    d. Supermarkets

Scheme validity

The fund is now fully committed.

Co-funding amount

Building owners and tenants must achieve the required BCA Green Mark rating and other qualifying criteria as shown in the tables below. 

Building owners

a. Buildings using water-cooled chilled water system

Co-funding rate

Minimum Green Mark rating

+

Aircon system efficiency (kW/RT)

+

Airside efficiency (kW/RT)*

35% (up to $1,500,000)

Gold

0.7

0.28

40% (up to $2,250,000)

GoldPLUS

0.65

0.25

50% (up to $3,000,000)

Platinum

0.6

0.22


*Requirement for airside efficiency is applicable only when EE works include replacement of AHU/FCU.

b. Buildings using variable refrigerant flow (VRF) system

Co-funding rate

Minimum Green Mark rating

+

Minimum aircon system efficiency for VRF (kW/RT)*

Additional eligibility criteria

35% (up to $500,000)

Gold

0.9

  • Gross floor area must be less than 8,000m2
  • Improvement works must achieve 10% energy savings for total building energy consumption

40% (up to $600,000)

GoldPLUS

0.85

50% (up to $700,000)

Platinum

0.75


*Requirement for airside efficiency is applicable only when EE works include replacement of AHU/FCU.

Tenants

a. Offices

Co-funding rate

Minimum Green Mark rating

+

EEI (kWh/m2/year)

Proposed lighting power budget (W/m2)

40% (up to $30,000)

Certified and Gold

No requisite

10 or lower

50% (up to $40,000)

GoldPLUS

75 or lower

9 or lower


b. Other types of tenants (retail spaces, restaurants or supermarkets)

Co-funding rate

Minimum Green Mark rating

+

Lighting power budget (W/m2)

Additional requirement

Retail and supermarket

Restaurant

40% (up to $20,000)

Certified and Gold

25 or lower

15 or lower

Must install sub-metering for lightings and receptacle loads

50% (up to $30,000)

GoldPLUS

23 or lower

13 or lower


Disbursement

Applicant

1stdisbursement

2nddisbursement

3rddisbursement

Building owners

This is intended for reimbursement of professional services and will be given out when you accept the Letter of Offer and upon Green Mark certification.

50% of the remaining amount will be paid upon completion of energy improvement works and verification of air-con system efficiency.

The remaining amount will be paid one year after completion of energy improvement works and upon verification of air-con system efficiency.

Tenants

Cash incentive will be disbursed after completion of works and upon Green Mark certification and verification.


Eligibility for Green Mark Incentive Scheme for Existing Buildings and Premises (GMIS-EBP) 

  • Building owners that are SMEs*
  • Building owners with at least 10% of tenants that are SMEs
  • Tenants that are SMEs

*SMEs are defined by SPRING Singapore as companies with:

  • Minimum 30% local shareholding
  • Group annual sales turnover of not more than S$100 million or group employment size of not more than 200 workers

More resources

Pilot User-Centric Green Mark Feasibility Assessment

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