SINGAPORE - Eighteen real estate projects were lauded for being well built at an industry gala on Friday (Oct 6) and will go on to compete on the world stage.
They were rated on criteria such as design, functionality and sustainability for the Singapore Property Awards, organised by the national chapter of Paris-based international real estate federation Fiabci.
The 18 winners, which include hotels and homes as well as office and industrial buildings, will take part in Fiabci's World Prix d'Excellence Awards 2018.
Four awards went to developer Far East Organization, which was behind Oasia Hotel Downtown, the only hotel to get a prize.
Foreign developers also made their mark, with two Qingjian units bagging accolades for the River Isles and Riversound Residence mid-rise residential projects in the Punggol district.
And Malaysia's S P Setia, which has racked up previous wins both internationally and in its home country, bagged a sustainable development accolade for its Eco Sanctuary project in Bukit Panjang. The condominium boasts green features such as drip irrigation.
Projects in Singapore had previously made up four of the 27 winners in the 2017 competition when prizes were handed out in May.
Association president Lim Lan Yuan noted that over the past two decades, Singapore has clinched about one in five Fiabci awards on the world stage.
He said in a statement: "In the light of keen competition from very high quality and innovative projects that are being designed and built in other parts of the world, it is essential that Singapore's projects achieve a reasonable standard of excellence."
