The annual accolade of FIABCI Prix d’Excellence awards 12 winners and 12 runner ups from 12 categories. The bestowal of these world’s best property projects was announced last night (May 27), at the Gala Dinner of the FIABCI World Congress at Westin Hotel, Nusa Dua, Bali.
Prix d’Excellence is an important part of the 61st World Congress of International Real Estate Federation (FIABCI), held in Bali from May 24 to 28, 2010. A total of 54 works of properties from various countries were competing for such esteemed awards.
During a press conference, which was held after the gala dinner, President of FIABCI Prix d’Excellence Awards 2010 Yeow Thit Sang said that the purpose of the award giving is to encourage property projects to keep continuing their innovation while maintaining high standard of property.
“Indeed, the quality of the projects submitted prior to the competition is of very high standard,” Yeow remarked.
He furthermore said that there were more participants at Prix d’Excellence Awards 2010 compared to that in 2009. “There were only 10 contested categories participated by 40 nominees from nine countries during last year’s accolade,” he added.
“Being a winner of Prix d’Excellence is very prestigious. The awards prove that their property projects are among the world’s best ones,” Yeow averred.
According to him, the projects being nominated at Prix d’Excellence in 2010 have in general fulfilled the high standard requirement. A fact that stands out significantly this year is the environmental issue. Weight of the environmental assessment of this year rose from 20% to 25%.
Johannes Tulung, head of compartment of environment of the Indonesia Real Estate Association (REI) said that the award assessment was done through a transparent process where each member of the judges had to evaluate the project independently. “It means that we don’t know who the other judges. I was sent the project to be evaluated by me without knowing who the other judges involved in the assessment.”
The winning nominees were property projects from 11 countries. Asia is recorded as a region which contributes the most nominees, up to 40 projects from eight countries, followed by European region that includes 11 projects from two countries, and the United States with its two projects.
The independent judges are real estate industry professionals from 18 countries. Among them are the president of FIABCI at a number of areas, former FIABCI world president and reputable property professionals such as architects, surveyors, appraiser and developers.
Two of Indonesian projects achieved the awards as winner in the category of Bali Congress Award and runner up in the category of Low Rise Residential; Regatta Apartments, Jakarta (the collaboration project of PT Intiland and PT Global Eka Buana),and Jakarta Garden City of PT Mitra Sindo Sukses, respectively.
The committee chairman of FIABCI World Congress Bali, Pingki Elka Pangestu explained that Indonesia had successfully sent a number of properties to such an esteemed accolade. The country’s property works possess excellent quality in building materials and designs, which are comparable to those from overseas. “I also believe that Prix d’Excellence is an effective means of improving consumers’ confidence in getting the best products,” Pingki concluded.
