Singapore developer makes history at property industry Oscars

Romesh Navaratnarajah30 May 2016

Silversea in East Coast resize

 Silversea along the East Coast won a World Gold prize. (Photo: Far East Organization)

Far East Organization is the first Singapore property developer to win two World Gold prizes in a single competition at the recent FIABCI World Prix d’Excellence Awards, often regarded as the Oscars of the real estate industry.

Its high-end Silversea condominium picked up the highest award under the high-rise residential category at the 67th FIABCI World Congress in Panama City on 25 May.

At the same time, Discovery Walk on Orchard Road secured the most coveted award under the retail category and Silver in the purpose built category.

Located along the East Coast, the 383-unit Silversea project features floor-to-ceiling vistas that offer unblocked views of the sea. Sky promenades on the 11th floor offer views of the horizon.

On the other hand, Discovery Walk is an F&B-cum-shopping corridor which links Far East Organization’s Orchard Central with 313@somerset and orchardgateway.

“Since winning its first FIABCI World Prix d’Excellence award for The Bayshore in 1999, Far East Organization has to date won 10 World Gold awards and five runner up awards in various categories,” said Yeow Thit Sang, President of this year’s awards committee.

Other Far East projects honoured at previous FIABCI awards include Far East Square, Orchard Scotts and Fullerton Square.

Meanwhile, CapitaLand’s d’Leedon condominium along Leedon Heights also bagged a World Gold award under the high-rise residential category.

Designed by the late architect Zaha Hadid, the development consists of seven curvilinear towers containing 1,703 apartments and 12 semi-detached homes.

So far, CapitaLand’s developments in Singapore and China have won a total of 13 FIABCI awards. Previous winners include The Interlace, ION Orchard, Capital Tower and Raffles City Chengdu.

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

POST COMMENT

You may also like these articles

CDL in potential PPS deal worth $350 million

View of the Cliveden at Grange condominium. (Photo: CDL) According to a report in The Business Times, property firm City Developments Limited (CDL) has appointed JLL to help search for potential in

Continue Reading27 May 2016

Car loan rules eased, property measures next?

Easing of property cooling measures next? The Monetary Authority of Singapore (MAS) this week raised the maximum loan-to-value (LTV) ratio for motor vehicles to 60 to 70 percent, from 50 to 60 perc

Continue Reading28 May 2016

Sales at Gem Residences lose sparkle

Crowds at the VIP launch of Gem Residences in Toa Payoh. (Photo: GEM Homes) Despite selling close to 300 of its 578 units within four hours during a VIP sales booking last Friday (27 May), Gem Resi

Continue Reading30 May 2016