Published May 30, 2006

S'pore developers win big at real estate competition


SINGAPORE developers made a strong showing at this year's Prix d'Excellence awards ceremony held by the International Real Estate Federation in Bangkok last night.

The Housing Development Board (HDB) and Surbana International Consultants took all three awards in the public sector category with their projects at Marine Terrace Breeze, Goodview Gardens and Blocks 203A to 205A in Punggol West.

Singapore scored another clean sweep in the residential category, with Keppel Land winning the first prize for its Caribbean project at Keppel Bay. City Developments secured the second and third prizes with its projects at Changi Rise Condominium and GoldenHill Villas.

Keppel Land picked up a third prize in the office/industrial category with its HarbourFront Office Towers, while Far East Organization scored a third prize in the leisure category with Changi Village Hotel.

The Real Estate Developers' Association of Singapore - or Redas - said that the wins continued a long tradition of Singapore successes at the Prix d'Excellence.

Last year, UOL Group was awarded the top prize in the residential category for 1 Moulmein Rise, while in 2004, Esplanade - Theatres on the Bay gained first prize in the specialise category and Keppel Land won a first in the office category for Prudential Tower.

Wong Ah Long, president of the Singapore chapter of the International Real Estate Federation, said: 'It is a tribute to the commitment Singapore developers have given to the quality of their projects. We look forward to even more awards in the future.'