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GuocoLand is Asia’s Best Developer

At the Asia Property Awards 2020 grand finals, GuocoLand has once again emerged as the biggest winner by being honoured with three major awards, including the top honour for the evening.

After winning a record haul of 11 awards at the Singapore edition of the Asia Property Awards (APA) in November 2020, GuocoLand again emerged as the biggest winner at the regional Grand Finals of the APA in December with three major awards, including the biggest prize of the awards – the title of Best Developer (Asia) – besting developers from seven other countries including China and Japan.

Two of GuocoLand’s flagship developments were also recognised for being at the top of their class. Wallich Residence at Guoco Tower fended off stiff competition from 12 other developments in the region to win the title of Best Condo Development in Asia, while the upcoming Guoco Midtown won the accolade of Best Mixed-use Development in Asia.

From left:
Ms Dora Chng, General Manager (Residential), GuocoLand. Ms Wenhui Lim, Chairperson of the Asia Property Awards Singapore 2020 judging panel and Partner at SPARK Architects. Mr Cheng Hsing Yao, Group Managing Director, GuocoLand.

Mr Cheng Hsing Yao, Group Managing Director, GuocoLand, said, “GuocoLand’s profile and branding have been raised significantly over the last few years. Besides being known as a high-end residential developer, we are also regarded as a leading developer of integrated mixed developments that rejuvenate and transform their neighbourhoods. Our branding comes from our products, services, as well as our results, and we will have to continue to challenge ourselves to stay at the forefront.”

Ms Wenhui Lim, Partner at SPARK Architects and Chairperson of the PropertyGuru Asia Property Awards Singapore 2020 judging panel, remarked, “GuocoLand continues to set new regional benchmarks and has become a paragon of best practice with its socially and environmentally engaging portfolio of projects. Wallich Residence and the upcoming Guoco Midtown are of international design quality. It is a privilege to witness the sharing of knowledge, experience and success at PropertyGuru Asia Property awards. Congratulations.”

GuocoLand’s second flagship integrated mixed-use development, Guoco Midtown is expected to be completed in phases from 2022, and is set to transform Singapore’s central business district and create a new Midtown district in Singapore.

Sprawled across an expansive 3.2 hectares of prime land in the Central Business District (CBD), the integrated mixed-use development will comprise a 30-storey office tower with 770,00 sq ft of premium Grade A office space, three retail clusters, and a five-storey Network Hub which is a first-of-its-kind business and social networking club.

It will also have more than 700 units of luxury apartments across two condominiums – Midtown Bay and Midtown Modern. Being directly connected to the Bugis MRT interchange station, Guoco Midtown offers its office workers and residents the convenience of having both the Downtown Line and the East-West Line right at their door step.

Earlier, Guoco Midtown also received the award for Mixed-use Development Excellence at the 4th EdgeProp Excellence Awards 2020, cementing its status as a mega integrated mixed-use development to look out for.

Other international accolades that GuocoLand received in 2020 include Guoco Tower’s win at the FIABCI World Prix d’Excellence (Mixed-use Development category), and Martin Modern being named a 5-Star Winner at the International Property Awards in the category of Best Residential Development in Singapore.

In addition, GuocoLand was also conferred the Green Mark Champion award by Singapore’s Building and Construction Authority (BCA) for achieving a substantial number of Green Mark buildings at Gold level or higher.


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