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CapitaLand Vietnam stands out at PropertyGuru Property Awards

Released at: 00:40, 06/06/2017

CapitaLand Vietnam stands out at PropertyGuru Property Awards

Photo: PropertyGuru

Industry's biggest names among winners at third annual ceremony.

by Hong Nhung

The PropertyGuru Vietnam Property Awards 2017, presented by Kohler and co-organized by Oriental Media in Vietnam, unveiled 35 winners and 28 highly-commended honorees during an exclusive gala ceremony in Ho Chi Minh City recently.

Top nominee CapitaLand Vietnam collected its first Best Developer (Vietnam) award, Novaland Group CEO Phan Thanh Huy won the coveted Real Estate Personality of the Year, and more than 60 other winners and highly-commended honorees were announced.

The event was attended by more than 400 senior industry figures.

Hauling a total of six trophies and five highly-commended distinctions, CapitaLand Vietnam easily bested its single category win at last year’s awards.

“CapitaLand Vietnam has proven to be a major force in Vietnam’s real estate by producing high quality upscale residential and commercial projects,” the independent judging panel noted. “Its commitment to green building and sustainable projects is also commendable. With a strong local team since establishing its presence more than two decades ago, CapitaLand Vietnam sees development opportunities in the country and bravely takes the lead.”

Another winner was the Vietnam International Township Development JSC, developer of the ParkCity Hanoi integrated community project. Nine years after initially launching, the project earned a total of five awards, including Best Housing Development (Vietnam) for the Evelyne Gardens Residential Neighborhood in the ParkCity Hanoi Township. 

Resort residential developers the Nha Trang Bay JSC and the MIVI JSC won three awards each for the Panorama Nha Trang condominium and the X2 HOI AN branded residence, respectively, plus an additional haul of four highly-commended certificates for the latter. Panorama Nha Trang also won the Best Condo Development (Vietnam) award.

These achievements reflect the observation that Vietnam is entering a “golden period” in its housing and resort segments, as tourism numbers continue to grow and resort residences and condotels rise in popularity.

Rewarding the country’s best developers, real estate projects, and designs in top-tier markets and emerging resort destinations, the PropertyGuru Vietnam Property Awards also included categories for Ho Chi Minh City and Hanoi, recognizing affordable, mid-end, high-end, and luxury condos, office, hotel and retail properties, as well as outstanding residential developments in Nha Trang, Da Nang, and Ha Long Bay.

Four-time nominee the Novaland Group, the Best Developer winner at the inaugural awards in 2015, clinched a further two gongs plus a special award for its CEO Mr. Phan Thanh Huy, who was selected by the editors of PropertyGuru Property Report magazine as the 2017 Vietnam Real Estate Personality of the Year.

Nearly 130 entries were submitted for the extremely competitive 2017 Awards, which is part of the prestigious PropertyGuru Asia Property Awards series that will hold its seventh annual grand final in Singapore in November. Winners from Vietnam will advance to the finale to compete with domestic winners from 15 other Asian markets for more regional accolades.

Mr. 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-class population - the majority of whom are below 35 years old and looking to invest in their first home - the boost that these projects get from being rewarded at the PropertyGuru Vietnam Property Awards is phenomenal. I am encouraged by Vietnamese developers’ focus on quality that directly impact consumers. It’s important to acknowledge their efforts in bringing great value to consumers. Everybody wins that way.”

Mr. Terry Blackburn, founder and Managing Director of the PropertyGuru Asia Property Awards, congratulated the year’s achievers. “It’s always great to see the Vietnamese real estate sector’s ambitious projects being recognized domestically and regionally,” he said. “We hope that the industry will continue to support the Awards and aim for better quality and more sustainable projects in the coming years.”

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