Property360Digest E-MAGAZINE Issue #8 | Page 38

A Framework for Evolving Sustainability , “ Regenerative practitioners do not think about what they are designing as an end product . They think about it as the beginning of a process .”
Selo has incorporated the process of regenerative development into its work with the Selo Footprints Program , which has been working hard for more than 12 years to support and contribute to the communities in Lombok , Indonesia . They provide sustainable jobs for the community to stimulate growth and improve rural livelihoods in Selong Belanak , as well as offer support for disaster relief efforts . The program also coordinates and participates in beach clean-ups , supports local schools by establishing sport clubs and providing essential infrastructure such as water tanks and internet , and is a member of the Selong Belanak Community association , which focuses on environmental sustainability , waste management , and community development .
There are five global housing and building trends that will impact the real estate industry ’ s move toward regenerative development :
· Urbanisation has been on the rise , and it is estimated that a new city of 1.5 million people will have to be built every week , or 96,000 houses per day to meet the world ’ s growing demand in the next few decades .
· Sustainability has become a necessity with this growth , and residents are demanding that governments and communities provide better use of resources and energy to meet this need . People are demanding warmer , safer , quieter buildings that have a longer life span and can be constructed with less material waste .
· Housing availability and affordability is also a concern with global population growth as demand coupled with limited supply of quality housing is forcing prices up .
· Environmental events such as earthquakes , floods , and cyclones are forcing many governments and communities to rethink their policies on building methods . The need for more modern regulations has construction businesses , engineers , and developers looking for alternative methods of construction and materials .
· Lastly , it is important to monitor the political and economic influences on the real estate industry . The fast expanding “ middle class ” in most economies creates a surge in demand for quality housing , schools , health centres as well as community infrastructures .
Precrafted Process
contend with these global trends , Selo introduced its precrafted construction process , a multi-step process rather than a singular product . In 2020 , Selo Group launched its precrafted designer villas that provide an opportunity for sustainable and cost-effective real estate anywhere in Indonesia . The company ’ s expert craftsmen build the villas with the highest efficiency through precrafted construction , which is the practice of assembling a variety of components at a manufacturing site and transporting them to a requested location .
This method offers a variety of benefits , including speed , a reduced need of highly skilled labour , a faster return on investment with a greater chance to satisfy immediate market demand , versatility of design , and a reduced environmental impact with minimal waste by using an accurate design and manufacturer . More information can be found at www . seloprecrafted . co .
Zero Waste Program
As part of their sustainability strategy , Selo aims to achieve zero waste in its operation in Lombok by developing several initiatives to minimise its environmental footprint . The initiative is built on the principles of waste management – reduce , reuse , recycle . The company created a waste management centre – Selong Selo For Waste Recovery ( SSCR ) – within the premise to recycle and upcycle all waste collected at its
Property360Digest e-magazine Issue # 7 - 2020