China's special administrative regions are home to very impressive condo, hotel, resort and mixed-use projects that make up the shortlist.
HONG KONG, China - 24
October 2017:The PropertyGuru Asia Property Awards, the region's biggest and most
prestigious real estate awards series, have released the official nominees from
Hong Kong and Macau for the much-awaited 2017 competition happening this
November in Singapore.
With categories for condominium, hotel, mixed-use and green development, the final shortlist represents the best in real estate in China's two special administrative regions.
In Hong Kong, large-scale integrated developer K. Wah International Holdings Limited collects nods across all categories for its Twin Peaks project located in the Tseung Kwan O district, a new town development built on reclaimed land. K. Wah's nominations - including Best Condo Development, Best Condo Architectural Design, and Best Landscape Architectural Design - follow a single Highly Commended accolade from last year's ceremony.
Henderson Land earns four shortlists, fielding its 15 Middle Road development, a mixed-use project that is also up for Best Universal Design Development against Twin Peaks. The new category rewards a project with a built environment that can be accessed, understood and used to the greatest extent possible by all people regardless of their age, size, ability or disability.
Following a single win in 2016, Couture Homes Properties rounds up the nominated companies for Hong Kong, receiving two nods this year for COO Residence, a single-storey condo development close to Teun Mun's secondary school, for Best Condo Development and Best Condo Architectural Design.
In Macau, Concordia Investment Properties leads the list of nominees with citations for its Sky Oasis by yoo branded collaboration located in the famous Cotai Strip, where the major hotel-casino properties in Macau are found. Sky Oasis by yoo is competing for four awards, including Best Condo Development, Best Condo Architectural Design, and Best Green Development.
Tied with three nominations each are MGM China Holdings Limited, developer of the soon-to-open MGM COTAI, and the acclaimed Wynn Palace Cotai by Wynn Resorts, Limited, which already won several recognition during last year's completion.
Wynn Palace Cotai has been allowed to compete again due to further development and construction at the hotel complex, garnering nods in the Best Luxury Hotel Development and Best Luxury Hotel Architectural Design. Meanwhile, MGM COTAI gets the stamp of approval of the judging panel for the shortlist for Best Contemporary Hotel Architectural Design, Best Integrated Hotel Resort Development. The two projects are in a three-way race for Macau's Best Universal Design Development gong with Sky Oasis by yoo.
"It has been a pleasure to work with an esteemed panel of judges over the last several months as we conducted our site visits and debated on the strengths of the shortlisted companies and projects," said incumbent chairman of the independent panel of judges Paul Tse, president of the board of the Macao Association of Building Contractors and Developers.
Tse noted that Greater China's property markets are undergoing a period of transition beginning in 2016 with an "atmosphere of calm anticipation" in 2017. He said that Hong Kong's real estate sector continues to mature and Macau is an up-and-coming market that produces some of the most innovative and world-class developments in the region today.
"These developments, in many ways, aid in the progress of China's property, construction and design industries," he added.
All eligible entries from Greater China were assessed fairly and transparently following a strict set of criteria supervised by BDO, the world's fifth largest auditing and accountancy firm, led by Andrew HY Lam, director in China.
The shortlisted projects from the two regions will compete for the first time in Singapore during the seventh annual grand final of the PropertyGuru Asia Property Awards on Wednesday, 8 November, which begins with the domestic competition for Hong Kong and Macau, followed by the regional competition.
More than 400 senior industry figures from 12 markets around the region will compete at the prestigious event that will take place at the Sands Expo and Convention Centre. The black-tie gala event will be concurrently held with the two-day PropertyGuru Asia Real Estate Summit at the same venue, where more than 20 expert speakers from around the region and over 100 C-level executives and senior executives will attend as delegates.
Presented by title sponsor Kohler, the PropertyGuru Asia Property Awards 2017 is supported by co-sponsors Regus and Mitsubishi Electric; media partners Southeast Asia GLOBE, Realestate.com.kh, PropertyGuru Property Report, Asia's leading luxury real estate, architecture and design publication; official South Korea newspaper Korea Economic Daily; official portal partners PropertyGuru.com.sg and Lankapropertyweb.com; supporting association European Chamber of Commerce in Singapore; and official supervisor BDO, the world's fifth largest auditing and accountancy firm.
For more information about the PropertyGuru Asia Property Awards, email info@asiapropertyawards.com or visit: AsiaPropertyAwards.com
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