Lead­ing real es­tate lights shine in China Prop­erty Awards 2016

China Daily (Hong Kong) - - WORLD - In Hong Kong

W Mar­riott Hong Kong was home to the na­tion’s premier real es­tate event of the year last week — the third an­nual China Prop­erty Awards 2016 — or­ga­nized by Prop­er­tyGuru, Asia’s lead­ing on­line prop­erty group.

The Dec 7 evening cel­e­brated this year’s most out­stand­ing de­vel­op­ers and real es­tate de­vel­op­ments from the Chi­nese main­land, Hong Kong and Ma­cao, with 22 awards pre­sented in the pres­ence of nearly 200 VIPs and se­nior in­dus­try fig­ures.

Ex­cite­ment en­sued when last year’s top win­ner, Sino-Ocean Group, won its back-to-back ti­tle for “Best De­vel­oper”, fur­ther ce­ment­ing its lead­ing po­si­tion in the main­land’s prop­erty sec­tor.

“Time and time again, Si­noOcean Group has demon­strated over the last 20 years its abil­ity to cre­ate land­mark projects in key lo­ca­tions. It con­tin­ues to push the bound­aries in real es­tate de­vel­op­ment across China,” noted the judg­ing panel led by Chair­man Paul Tse, pres­i­dent of the board of the Ma­cao As­so­ci­a­tion of Build­ing Con­trac­tors and De­vel­op­ers.

“Sino-Ocean Group has con­sis­tently been a stan­dard bearer whose name is com­men­su­rate with high qual­ity stan­dards and cut­ting-edge con­cep­tu­al­iza­tion in its projects. With nu­mer­ous high-pro­file projects not only in ma­jor and sec­ondary cities in China, it has also ex­panded into other coun­tries in South­east Asia and be­yond,” the judges noted.

“The Sino-Ocean brand has been suc­cess­fully nur­tured over the years, and is now well-rec­og­nized and pur­sued by part­ners and con­sumers alike.”

Be­sides the high­est ac­co­lade of the year, Sino-Ocean Group also picked up the “Best Res­i­den­tial De­vel­op­ment (China)” tro­phy for its Bei­jing-based, multi-phase project Ocean Epoch.

In­de­pen­dently-man­aged pri­vate-eq­uity real es­tate firm Phoenix Prop­erty In­vestors, which led the nom­i­na­tions with a to­tal of five nods, col­lected three awards for its ul­tra-lux­ury condo project The Mor­gan, lo­cated in Hong Kong’s MidLevels West district. The firm’s other nom­i­nated project, 3 Ju­lia Av­enue, was named “Highly Com­mended” in two cat­e­gories by the judg­ing panel.

Mean­while, Wynn Palace Co­tai by Wynn Re­sorts dom­i­nated the ho­tel sub-cat­e­gories, tak­ing home two de­sign awards plus the “Best Lux­ury Ho­tel De­vel­op­ment” ac­co­lade.

Whee­lock Prop­er­ties’ ac­claimed One Har­bourGate project, one of the year’s top fi­nal­ists, won two awards — “Best Green De­vel­op­ment” and “Best Of­fice De­vel­op­ment (Hong Kong & Ma­cao)” — plus a “Highly Com­mended” ci­ta­tion.

L a s t y e a r ’s “R e a l E s t a t e Per­son­al­ity of the Year” win­ner Allan Ze­man’s Lan Kwai Fong Group clinched two top cat­e­gories — “Best Bou­tique De­vel­op­ment” and “Best MixedUse De­vel­op­ment (China)” for Shang­hai DreamCen­ter, shar­ing the lat­ter honor with part­ners China Me­dia Cap­i­tal, DreamWorks An­i­ma­tion and China De­vel­op­ment Bank.

The edi­tors of Asia’s in­dus­try-lead­ing Prop­erty Re­port mag­a­zine chose one of the most prom­i­nent names today in Hong Kong real es­tate, Adrian Cheng Chi-kong, ex­ec­u­tive vice-chair­man and joint gen­eral man­ager at New World De­vel­op­ment Com­pany Ltd, as the “2016 Real Es­tate Per­son­al­ity of the Year”.

Un­der Adrian Cheng’s lead­er­ship, New World De­vel­op­ment today re­mains one of the most ac­tive and in­no­va­tive re­tail de­vel­op­ers in China, pro­duc­ing world-class projects such as art and eco-malls that cater to today’s and fu­ture gen­er­a­tions. The com­pany is also known for pro­mot­ing var­i­ous cor­po­rate so­cial re­spon­si­bil­ity ini­tia­tives, as well as mak­ing glob­al­iza­tion a pri­or­ity.

As global eco­nomic and do­mes­tic fi­nan­cial un­cer­tain­ties pre­clude the pos­si­bil­ity of a dra­matic rise in cap­i­tal value, Chair­man Tse noted that sta­bil­ity will be the key­word for China’s real es­tate in the com­ing year.

On se­lect­ing the coun­try’s best de­vel­op­ers and prop­er­ties, he said: “It was im­por­tant for the judg­ing panel as a whole to set the cri­te­ria in a pro­fes­sional, trans­par­ent and forth­right man­ner, to en­cour­age as many of the po­ten­tial par­tic­i­pants as pos­si­ble to come for­ward, and to ad­ju­di­cate in a way that brought out the best projects in the best light pos­si­ble.

“A suc­cess­ful ad­ju­di­ca­tion adds to the al­ready widely ac­knowl­edged cred­i­bil­ity of the China Prop­erty Awards and pro­vides a strong foun­da­tion for fur­ther growth ahead.”

All en­tries in the China Prop­erty Awards and the site vis­its were fully su­per­vised by BDO, one of the world’s largest ac­coun­tancy and au­dit­ing firms.

The third an­nual China Prop­erty Awards is the fi­nal event of the 2016 Asia Prop­erty Awards se­ries, which held its South East Asia Prop­erty Awards grand fi­nale in Sin­ga­pore last month.

“2016 has been a mo­men­tous year for the Asia Prop­erty Awards. Since start­ing 11 years ago, the event has al­ways en­deav­ored to re­ward the best in lo­cal real es­tate and pro­duce cred­i­ble win­ners with a trans­par­ent en­try and judg­ing sys­tem. We have achieved this goal by de­vel­op­ing the most de­tailed and com­pre­hen­sive en­try sys­tem of any prop­erty awards in the world,” said Terry Black­burn, founder and man­ag­ing di­rec­tor of the Asia Prop­erty Awards.

“Over the past decade since the be­gin­ning of our awards se­ries, China’s prop­erty sec­tor has shown re­mark­able growth and today has be­come one of the world’s most ac­tive mar­kets,” he added. “We of­fer our warm­est congratulations to all the win­ners and highly com­mended com­pa­nies and de­vel­op­ments in this year’s China Prop­erty Awards.”

The China Prop­erty Awards 2016 was sup­ported by of­fi­cial news­pa­per China Daily, me­dia part­ners Prop­erty Re­port, Leisure In­sight, Key­pad, Land­scope Realty (an exclusive mem­ber of Christie’s In­ter­na­tional Real Es­tate), the Royal In­sti­tute of Bri­tish Ar­chi­tects Hong Kong Chap­ter and the Ma­cao As­so­ci­a­tion of Build­ing Con­trac­tors and De­vel­op­ers.


Above: Win­ners of China Prop­erty Awards 2016 pose with their tro­phies in Hong Kong on Dec 7. Be­low: Chair­man of the China Prop­erty Awards 2016’s Panel of Judges Paul Tse an­nounces the win­ner of an award dur­ing the third an­nual cer­e­mony.


Sul­tan Muham­mad V (cen­ter) walks with Malaysian Prime Min­is­ter Na­jib Razak (right) after a wel­come cer­e­mony on Tues­day in Kuala Lumpur, Malaysia.

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