CapitaLand Vietnam CEO, developments honoured at Vietnam Property Awards 2016

In addition, CapitaLand’s prime residential developments in Vietnam, Kris Vue, won the Best High-End Condominium awards in Ho Chi Minh City, while The Krista won the “Highly Commended for Best High-end Condominium in Ho Chi Minh” award and Seasons Avenue has won the “Highly Commended for Best High-end Condominium in Hanoi” award.

The Vietnam Property Awards is part of the long established Asia Property Awards to recognise the best practices in the real estate sector across the world. The Asia Property Awards offer an unrivalled showcase of the Asia region’s real estate industry, boosting awareness and highlighting top quality projects in Asia. With a professionally run and fully audited judging system, they also bring Asia’s real estate industry to the world stage.

Chen Lian Pang, CEO of CapitaLand Vietnam, received Vietnam’s Real Estate Personality of the Year award from the editors of Property Report, Asia’s leading luxury real estate, architecture and design magazine. The only accolade not chosen by the independent panel of judges, it is given to an individual who has achieved great success in the local property sector in the past year. With more than 30 years of experience in construction and real estate, Chen has earned a reputation of excellence, especially when it comes to doing business in emerging markets. For that he has been named as the Real Estate Personality of the Year, recognising his achievements and exemplary leadership in the industry.

“It is a great honour and privilege to be chosen as Real Estate Personality of the Year. This is a remarkable achievement not only for myself but also for CapitaLand Vietnam, especially on those who have supported me and taught me to be a better leader through the years. I believe that the best-run companies connect effectively with customers, employees, and the communities where they operate in – it is a continuous learning process where we learn from each other,” Chen said.

About the achievement for CapitaLand’s projects, Chen said, “We are proud to receive the Best High-End Condominium awards for our projects Seasons Avenue, The Krista and Kris Vue. These awards are testament to our core values of pursuing excellence and creativity in everything we do. Having been in Vietnam for more than 20 years, CapitaLand Vietnam is committed to quality development standards, on-schedule delivery, and contributing to the community.”

According to this year’s chairman of judges, Thien Duong, managing director at Transform Architecture, the awards are designed to provide a much-needed boost for developers in this exciting cycle of the local property sector. “The shortlisted companies can be proud that they have made benchmark contributions to the built environment while providing high value for money to their customers and investors,” the acclaimed designer says. “This is an opportunity for businesses in Vietnam to strive not just for profit but to create brands that have long-term credibility in the market.”

Top winners will compete at the South East Asia Property Awards 2016 in Singapore in November to represent Vietnam at the grand finals.

Vietnam is one of CapitaLand’s key markets in Asia. The real estate market in Vietnam is supported by the country’s strong economic growth, rapid urbanisation and a young and growing population. CapitaLand is committed to being a long-term real estate developer in the country.

CapitaLand Group's current presence in Vietnam is in the six major cities – Ho Chi Minh City, Hanoi, Hai Phong, Danang, Binh Duong, and Nha Trang in the residential and serviced residences sectors. In the residential sector, CapitaLand has a portfolio of close to 7,850 quality homes across eight residential projects in Ho Chi Minh City and Hanoi. In the serviced residence sector, its wholly-owned serviced residence business unit, The Ascott Limited, has a portfolio of more than 3,000 apartment units in 17 properties across the six major cities, making it the largest international serviced residence owner-operator in the country.

CapitaLand will continue to contribute to the Vietnamese economy by hiring and nurturing a strong local team, exchanging knowledge and skills with local partners and contributing to the local communities’ underprivileged children and environment through corporate social responsibility efforts.