EdgeProp announces winners of EdgeProp Excellence Awards 2024; City Developments, GuocoLand, SingHaiyi Group and UOL Group are Top Developers

• City Developments, GuocoLand, SingHaiyi Group and UOL Group emerged as major winners with more than 9 awards each
• Lentor Mansion, Tembusu Grand and TMW Maxwell clinched 4 Excellence awards in their respective categories
• Space Efficiency was the key theme this year
• Commercial and Industrial developments given their inaugural recognition at the Awards

SINGAPORE – Media OutReach Newswire – 1 November 2024 – EdgeProp Singapore has announced the winners of its annual EdgeProp Excellence Awards (EPEA) at a gala dinner on October 30, held at Shangri-La Singapore this year.

The prestigious event recognises and celebrates outstanding property developers and their developments that set a benchmark of excellence in Singapore’s real estate industry.

“Since we started, we’ve given out 64 Top Development awards—34 in the central region and 30 in the non-central region. In terms of the annual price growth or CAGR for these developments – the central region winners achieved an average annual price growth (CAGR) of 2.62%, while those in the non-central region achieved 4.19%. By comparison, over the same period, the average resale prices of non-landed private residential properties across Singapore saw growth of just 0.71% for the central region and 4.15% for the non-central region,” says Bernard Tong, CEO of EdgeProp Singapore.

“Eight years ago, we saw a need for a credible benchmark to recognise excellence and inspire progress in real estate. And that’s why we created the EdgeProp Excellence Awards. The bedrock of these awards is our judging process — rigorous, quantifiable, and deeply debated, with every choice backed by a review from KPMG,” Tong adds.

The gala night was EdgeProp’s largest-scale event to date and saw 245 guests in attendance, including key VIPs in the real estate industry. The event is sponsored by Geberit Southeast Asia, V-Zug Singapore and Mitsubishi Electric Asia Pacific, Official Automotive Partner Zeekr, Official Knowledge Partners KPMG Singapore and CPG Corporation, and Supporting Partner Cosentino.

“And the deeper message here is this: you’ve done phenomenal work. You’re transforming barren lands into vibrant communities, turning ideas into living spaces, and dreams into homes where people live in, work in, and play within,” says Tong.

The esteemed judges of EPEA 2024 were Desmond Sim, CEO of Edmund Tie & Company; Ng Sze Oun, Director of Compound Collaborative Pte Ltd; Sandy Tan, Founder of Chalked Private Limited; Sky Seah, Academic Director at National University of Singapore; Tang Kok Thye, Associate Partner of ADDP Architects LLP; and Bernard Tong, CEO of EdgeProp Singapore. The sustainability scoring methodology was developed by CPG Corporation, which borrows components from the Building and Construction Authority’s (BCA) Green Mark Certification Scheme. After judging the nominees based on six categories: Landscape, Design, Innovation, Sustainability, Showflat, and Marketing, the aggregated scores were carefully reviewed by KPMG Singapore.

“Each development is a product of the dedication and determination of so many people: the developers who envision the project, the project teams who strategise, the marketing teams who bring it to the public, and the architects who design with both beauty and functionality in mind, the consultants who ensure every step is aligned, and the many agencies who contribute their expertise,” Tong says. “It is through this collective teamwork, hard work, shared blood, sweat, and tears that these concepts become tangible places — places people are proud to call home, places that contribute to a thriving community, and places that leave a lasting impact,” adds Tong.

Please refer to the complete list of awards and winners below:

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About EdgeProp Singapore

EdgeProp Singapore offers real estate news and analytics to homebuyers and investors. EdgeProp Singapore is also the property section of The Edge Singapore, a business and investment weekly publication established in November 2001.