Asia Business Channel

CapitaLand Leads Nominees For Vietnam Property Awards 2018

A total of 25 companies have been shortlisted for the annual PropertyGuru – Vietnam Property Awards 2018, with CapitaLand Vietnam leading the list of nominees. CapitaLand, which received the “Best Developer” award in 2017, received 16 nominations, including two nominations for the Best Green Development and other nominations for outstanding Condo, Housing, Retail and Mixed-Use Development.

Alpha King emerged as the second-most nominated developer with 13 nods, while Gamuda Land and KIEN A Corporation were tied in third place with eight nominations each.

KIEN A Group’s founding chairman Dr. Huynh Ba Lan has also been named by the editors of PropertyGuru Property Report magazine as the Vietnam Real Estate Personality of the Year, for his efforts to produce quality projects for lower-income consumers and build schools that follow international standards.

The Vietnam Property Awards 2018 is co-organized by Oriental Media, with support from Kohler. Surpassing the number of awards given out last year, the 2018 awards features 43 categories, including new awards like Special Recognition for Building Communities, for Customer Care and for Design and Construction.

“I think there has never been another time in history where the country is developing at such an accelerated pace,” said Transform Architecture managing director Thien Duong, who also serves as third-term chairman of the independent judging panel.

“Our local property market has continued to grow in every price range from affordable to luxury. The market has matured considerably within a very short period of time due to competition from more experienced foreign developers as well as local developers maturing and learning industry best practices from their overseas partners.”

The PropertyGuru Awards ceremony will be held on June 22, 2018 at the InterContinental Saigon Hotel. The winners and highly commended recipients will be revealed at the awards ceremony and 500 guests and members of the press are expected to attend.

Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards, said: "Vietnam real estate is fast becoming a major draw for investors in Asia-Pacific because of its acclaimed offerings in the condominium, hotel, resort and mixed-use segments.

"While Ho Chi Minh City and Hanoi continue to be the main engines of the industry, it is encouraging that a provincial location such as Khanh Hoa now has a strong domestic market that developers there can be recognised on an internationally-known platform like the PropertyGuru Vietnam Property Awards."

For more information on the upcoming event:
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