Technology

Among emerging markets, Pakistan ranks No. 1 for eco-friendly housing

South Asian country tops more than 30 countries that the international portal Lamudi studied

New research from emerging markets portal Lamudi shows that Pakistan has the most eco-friendly homes for sale and for rent among the 30-plus countries in Asia, Africa, the Middle East and Latin America the site examined — for the second year in a row.

The cities ranked in the top 10 for eco-friendly housing (see below) had the highest number of properties for sale or rent that offered green features like high energy-efficiency ratings, solar panels, water tanks and greywater systems.

Rank Top 10 cities with eco-friendly homes for sale Top 10 cities with eco-friendly homes for rent
1 Lahore, Pakistan Karachi, Pakistan
2 Karachi, Pakistan Dhaka, Bangladesh
3 Yangon, Myanmar Amman, Jordan
4 Islamabad, Pakistan Islamabad, Pakistan
5 Nairobi, Kenya Nairobi, Kenya
6 Metro Manila, Philippines Chittagong, Bangladesh
7 Lekki, Nigeria Yangon, Myanmar
8 Accra, Ghana Colombo, Sri Lanka
9 Addis Ababa, Ethiopia Kampala, Uganda
10 Faisalabad, Pakistan Accra, Ghana

Source: Lamudi

“(W)e are seeing increasing demand on our platform for both homes and office space with sustainable, eco-friendly features,” said Paul Hermann, co-founder and managing director at Lamudi, in a statement.

“We believe that the demand for environmentally-friendly real estate is not just a western trend — it is a global phenomenon.”

Launched in 2013, Lamudi raised $19 million in February to strengthen its presence in Latin America and Asia.

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Lamudi is one of 32 subsidiaries owned by Berlin-based Rocket Internet, whose mission is “to become the world’s largest Internet platform out of the United States and China.”

Email Paul Hagey.