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Taiwanese property projects win global awards

2012/05/16 19:09:51

Taipei, May 16 (CNA) Taiwan won in two categories of a global property project competition in St. Petersburg, Russia this year, and was the runner-up in two categories, a real estate group said Wednesday.

It was the best performance by Taiwan since 2007 when it first participated in the Prix d'Excellence Awards, known as the Oscars of the real estate sector, said Fay Tseng, manager of the Taiwan branch of the International Real Estate Federation.

The Jhong Du Wetland Park in the southern city of Kaohsiung won in the Environmental (Rehabilitation/ Conservation) category of the competition, and the New Taichung City Civic Center in central Taiwan took top place in the Public Infrastructures/ Amenities category.

The Taiwan projects that were judged as runners-up in their respective categories were the Zhongxiao Fuxing MRT Station, Taipei City Hall Bus Station and the Gongguan Riverside Integrated Development Plan in Taipei.

It is the fourth consecutive year that Taiwan has won in at least one category, which is no mean achievement, said Tseng.

The Prix d'Excellence is a prestigious honor award by the Paris-based federation and supported by the Wall Street Journal.

The main aim of the competition is to identify the best facilities in different segments of the real estate market and to characterize new market trends, according to the foundation's website.

The award also attracts the interest of international investors to the local markets, the site said.

Huang Nan-yuan, president of the Taiwan branch of the federation, said he hoped the results would encourage both the private and public sectors to speed up their efforts to improve Taiwan's properties and thus make the country one of the most symbolic places in Asia.

Since 2007, Taiwan has won seven top prizes and 14 runners-up places in the competition and is scheduled to host the awards next year.

This year, 32 entries were recognized by the Prix as the best throughout the world. There were 13 winners, 18 runners-up and one special recognition at the awards this year, which were held in St. Petersberg, Russia.

(By James Lee)