THREE property projects in Singapore have picked up honours at the Fiabci Prix d’Excellence Competition this year.
Orchard Scotts, by Far East Organization, came out tops in the residential category, while Newton Suites, by UOL Group, took second spot. The St Regis Singapore, by City Developments, Hong Leong Holdings and TID Pte Ltd, won in the hotel category.
Fiabci is the French acronym for the International Real Estate Federation, which organises the annual Prix d’Excellence to recognise excellence in property development.
Entrants are evaluated on five criteria: global concept, architecture and design, development and construction, community benefit and environmental impact, and financials and marketing.
Singapore developments have consistently performed well in the Fiabci competition.
Republic Plaza, by CityDev, was the first project to bag the Fiabci Prix d’Excellence overall winner prize, in 1997.
Other top winners over the years include Suntec City, Prudential Tower and Caribbean at Keppel Bay, the Esplanade Theatres on the Bay, 1 Moulmein Rise and One Raffles Quay.
The win by Orchard Scotts is the fifth Fiabci award for Far East. The company is the only developer in the world to have five Fiabci wins.
Chia Boon Kuah, chief operating officer, property sales, said: ‘Our five Fiabci awards in residential, leisure and the specialised categories underscore Far East Organization’s growing capabilities in real estate development.’
Chia Ngiang Hong, CityDev group general manager, said that The St Regis Singapore was envisioned as an emblem of the city’s emergence into the new millennium.
It is an honour that the six-star hotel has been internationally recognised, he said.
Singapore property projects won honours at the Cityscape Asia Real Estate awards this week.
CityDev’s luxury residential development, The Sail @ Marina Bay, was named the best built waterfront development, while Far East’s The Central emerged as the best built mixed-use development. Keppel Land’s Ocean Financial Centre won the prize for best future green development.
Fusionpolis 2A came up tops in the best urban design and master planning category, while CapitaLand’s Muchuan Green Hope School was honoured in the best corporate social responsibility development category.
Source : Business Times – 22 May 2009
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