The Diamond Lotus comprises of three buildings, in which apartments are constructed on areas of between 58 to 91 square metres. The project is guaranteed by the Asia Commercial Bank (ACB).
According to Melissa Merry Weather, Director of the Green Consult Asia, the LEED certificate is recognised globally for green construction projects via the design, construction and operation, aiming to improve effectiveness, save energy (from 20% to 30%) and water use (from 35% to 50%), reduce CO2 emission, use non-toxic materials, as well as create a friendly and healthy living environment for residents.
The standard has been applied in the US in over 60,000 projects and 134 other countries worldwide, while over 2,000 projects in Asia have met the requirements.
In Vietnam, the Diamond Lotus is the first apartment project following the LEED standard. Though the construction cost has increased by 10%, the buildings are able to save energy, water and are environmentally friendly, thus the service costs incurred when leasing the buildings will be small, said Weather.