Singapore developers score big

FOUR Singapore property developers were winners in this year’s Fiabci Prix d’Excellence Competition, considered as the Olympics of the international real estate industry.

The Sail @ Marina Bay by City Developments came out tops in the Residential (High Rise) category. Far East Organization (FEO) won two accolades: a top award for Central at Clarke Quay in the Office category and a runner-up prize for its Square 2/Novena Medical Centre in the Specialised Project category.

UOL Group also clinched two awards. Its Pan Pacific Suzhou was tops in the Hotel category, while its one-north Residences was a runner-up in the Residential (High Rise) category.

Rounding off the list was Keppel Land, which bagged a runner-up prize in the Residential (Low Rise) category for its Jakarta Garden City project.

Indonesian Vice-President Boediono handed out the awards in Bali on Thursday night. Fiabci is the French acronym for the International Real Estate Federation, which organises the annual Prix d’Excellence to recognise excellence in property development. Entries are judged on five criteria: global concept, architecture and design, development and construction, community benefit and environmental impact, and financials and marketing.

There were 54 entries this year, with 12 winners and 12 runner-ups. Other winners included Hungary’s Chemical Research Building and Malaysia’s Adiva Parkhomes, Courtyard Terraces & Apartments. On the projects by Singapore developers, Mr Yeow Thit Sang, president of the awards, said: ‘They are of high standards and world-class quality.’

SOURCE: Straits Times