CapitaLand wins best developer award

The PropertyGuru Vietnam Property Awards has recognised the developers, real estate projects and designs in top-tier markets and emerging resort destinations.
CapitaLand wins best developer award ảnh 1Lavila by Kien A Corp wins Best Housing Landscape Architectural Design award at the PropertyGure Vietnam Property Awards 2017. (Photo: VNA)

HCM City (VNA) - The PropertyGuruVietnam Property Awards has recognised the developers, real estate projects anddesigns in top-tier markets and emerging resort destinations.

Presented by Kohler and organised by OrientalMedia in Vietnam, the awards included categories for HCM City and Hanoi, recognisingaffordable, mid-end, high-end and luxury condos, office, hotel and retailproperties, as well as outstanding residential development in Nha Trang, DaNang and Ha Long Bay.

CapitaLand Vietnam, which entered the race with10 nominations, was recognised as the year’s Best Developer (Vietnam) at thecountry’s biggest and most respected awards programme.

“CapitaLand Vietnam has proven to be a majorforce in Vietnamese real estate by producing high quality upscale residentialand commercial projects. Its commitment to green building and sustainableprojects is also commendable,” according to the independent panel of judges.

Another company that leads the winners’ list isVietnam International Township Development JSC, developer of the ParkCity Hanoiintegrated community project. Nine years after the launch of the project, itearned a total of five awards, including Best Housing Development (Vietnam) forthe Evelyne Gardens Residential Neighborhood, ParkCity Hanoi Township.

Resort residential developers Nha Trang Bay JSCand MIVI Joint Stock Company won three trophies each for the Panorama Nha Trangcondominium and the X2 Hoi An branded residences, respectively, in addition toa haul of four highly-commended certificates for the latter. Panorama Nha Trangby Nha Trang Bay JSC won the Best Condo Development (Vietnam) title.

These achievements showed the country wasentering a “golden period” in the housing and resort segments, as tourismnumbers continued to grow and resort residences and condotels rise in popularity,the organisers said.

Four-time nominee Novaland Group, the BestDeveloper winner during the inaugural awards in 2015, clinched a further twogongs, plus a special award for its chief executive officer Phan Thanh Huy, whowas selected by the editors of PropertyGuru Property Report magazine as the2017 Vietnam Real Estate Personality of the Year.

Hari V. Krishnan, CEO of PropertyGuru Group,said “It has been another solid year for the Vietnamese property sector.Confidence in the sector is rising, and with the country’s growing middle classpopulation — majority of who are below 35 years and looking to invest in theirfirst home — the boost that these projects will get by winning honours at thePropertyGuru Vietnam Property Awards is phenomenal.

 “I am encouraged by the Vietnamesedevelopers’ focus on quality that directly impacts consumers. It’s important toacknowledge their efforts in bringing great value to consumers. Everybody winsthat way.”

Thien Duong, managing director of TransformArchitecture, who is chair of the 11-member central panel comprising experts inthe real estate sector and related fields, echoed the same sentiment.“Considering that Vietnam is a developing country, I am impressed with thecontinual progress of its project quality from year to year.

 “The residential real estate sectorcontinues to develop with competition from both foreign and local developersracing to win buyers. It is obvious the country has demand for qualityresidential developments in all price ranges.”

Terry Blackburn, founder and managing directorof the PropertyGuru Asia Property Awards, said, “It is always great to see theVietnamese real estate sector’s ambitious projects being recogniseddomestically and regionally. We hope the industry will continue to support theawards and aim for better quality and more sustainable projects in the comingyears.”

Winners at the awards will advance to the finaleto compete with domestic winners from 15 other Asian markets for more regionalaccolades.-VNA
VNA

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