MBFC wins Gold award for mixed-use category and Participants’ Choice Award based on the most delegate votes
Marina Bay Financial Centre (MBFC) has clinched the Gold award for the mixed-use category in the MIPIM Asia Awards 2011, which honours outstanding real estate projects in the Asia Pacific region. MBFC also won the Participants’ Choice Award, which honours the project that receives the
most delegate votes.
The results were announced at a gala dinner on Wednesday, November 16, at the Hong Kong Convention and Exhibition Centre.
The 2011 awards, which saw 29 winners in 10 categories, recognised MBFC’s achievements in successfully maximising the potential of its prime waterfront locale, as well as the economic and social advantages the development brings to the community.
MBFC was among the 80 projects from 15 countries that participated in this year’s awards. The MIPIM Asia Awards jury, which selected the 2011 winners to compete for excellence, is composed of an international panel of top real estate experts and chaired by Dr Seek Ngee Huat, Board Director, Government of Singapore Investment Corporation (GIC) Real Estate, Singapore.
Mr Wilson Kwong, CEO of Raffles Quay Asset Management (RQAM), shared, “The two MIPIM Asia awards are a prestigious win not just for MBFC and our joint venture partners, but also for Singapore as it recognises the best of property developments in the region. It also reinforces MBFC’s position as a world-class integrated development that plays a key role towards Singapore’s vision of being a key financial hub.”
RQAM is the manager of MBFC, which is developed by a joint venture comprising Cheung Kong (Holdings), Hongkong Land and Keppel Land.
MBFC’s win was for Phase 1 of its development, which comprises the fully-tenanted Office Towers 1 and 2, the fully sold Marina Bay Residences and the 98%-leased Marina Bay Link Mall (Phase 1).
The judging panel highlighted how the developers had successfully maximised the potential of its prime waterfront location by presenting an integrated offering of worldclass office facilities, elegant luxury apartments with breathtaking sea views and facilities, together with the latest shopping and dining options at Marina Bay Link Mall.
The benefits which MBFC brought to the community were cited as one of its winning factors as well. Its facilities, including the Lawn@Marina Bay and the Underground Pedestrian Network (UPN), offer convenience and connectivity to some 50,000 people who work, live and play in the Marina Bay area.
The Lawn@Marina Bay – which fronts MBFC Phase 1 and spans about 1.5 soccer fields – was designed and built as part of the MBFC development, and handed to the Urban Redevelopment Authority for use as a public open space. The air-conditioned UPN, in the form of the subterranean section of Marina Bay Link Mall, provides seamless connection from MBFC to the Central Business District and MRT stations. The connectivity of MBFC will be further enhanced with the opening of the Downtown MRT station on the Downtown Line in 2013, which connects directly to the Mall.
Marina Bay Link Mall continues to boast an excellent variety of dining options and wide choice of retail tenants, providing a must-visit place for meals, drinks, entertainment and shopping for all who work and live in MBFC’s office and residential towers, as well as at neighbouring developments.