Thursday, May 27, 2010

Far East Organization clinches 6th FIABCI Prix d’Excellence award

Developer Far East Organization has won its 6th FIABCI Prix d’Excellence award.

The award honours world-class developments for demonstrating excellence in all aspects of their creation.

This year, Far East won the award in the Office Category for its mixed-use development, Central.

Central is located above the Clarke Quay Mass Rapid Transit station, on a 1.3-hectare site in the city’s civic, cultural and tourist precinct.

It was built at a cost of S$631 million and integrates various functions including habitation, lifestyle, business, community and transportation connectivity within one complex.

Far East said the development reinvented a “live, work, play” concept that reflected its vicinity’s historical and strategic significance.

The development has two towers of purpose-built Small Office Home Office (SOHO) units, a 25-storey office tower, a sky garden, recreational facilities, and a retail podium.

The company received its award on Thursday evening at the FIABCI World Congress held in Bali, where Indonesian Vice President Budiono presented the awards.

FIABCI, an International Real Estate Federation, is a non-profit association that acts as special consultant with non-government organisation status to the United Nations.

Source : Channel NewsAsia – 27 May 2010

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