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CapitaLand wins best developer award

June 5, 2017 Published by: Golden Emperor

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Above: CapitaLand Vietnam broke its own record in its history of 22 years in Vietnam to bring home more than ten awards at the Property Guru Vietnam Property Awards 2017

The PropertyGuru Vietnam Property Awards yesterday has recognised the developers, real estate projects and designs in top-tier markets and emerging resort destinations.

Presented by Kohler and organised by Oriental Media in Viet Nam, the awards included categories for HCM City and Ha Noi, recognising affordable, mid-end, high-end and luxury condos, office, hotel and retail properties, as well as outstanding residential development in Nha Trang, Da Nang and Ha Long Bay.

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Above: CapitaLand Vietnam team

CapitaLand Vietnam broke its own record in its history of 22 years in Vietnam to bring home more than ten awards at the Property Guru Vietnam Property Awards 2017, including “Best Developer in Vietnam” and Awards for projects D1MENSION, Feliz en Vista, Seasons Avenue and The Oxygen, which was held on Friday, 2nd June at the InterContinental Asiana Saigon in Ho Chi Minh City.

This is strong affirmation of our ongoing commitment to deliver high quality, international-standard developments to the Vietnamese population.

  1. CapitaLand Vietnam: Best Developer in Vietnam – Winner
  2. Seasons Avenue: Best Green Development – Winner
  3. Seasons Avenue: Best High End Condo Development (Hanoi) – Winner
  4. D1MENSION: Best Luxury Condo Development (Ho Chi Minh City) – Winner
  5. D1MENSION: Best Condo Architectural Design – Highly Commended
  6. D1MENSION: Best Residential Interior Design – Highly Commended
  7. Feliz en Vista: Best Residential Interior Design – Winner
  8. Feliz en Vista: Best Condo Architectural Design – Highly Commended
  9. Feliz en Vista: Best Condo Landscape Architectural Design – Highly Commended
  10. The Oxygen: Best Retail Development – Winner
  11. The Oxygen: Best Retail Architectural Design – Highly Commended

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Above: Best Luxury Condo Development HCMC – D1MENSION

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Above: Best Residential Interior Design – Feliz en Vista

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Above: Best High-end Condo Development Hanoi and Best Green Development – Seasons Avenue

“CapitaLand Vietnam has proven to be a major force in Vietnamese real estate by producing high quality upscale residential and commercial projects. Its commitment to green building and sustainable projects is also commendable,” noted the indepndent panel of judges. “With a strong local team since establishing its presence more than two decades ago, CapitaLand Vietnam sees development opportunities in the country and bravely takes the lead.”Upon winning the evening’s top award, CapitaLand Vietnam’s CEO Chen Liang Pang, said: “We’re very involved in Vietnam real estate, which has become our third core market after Singapore and China. Our commitment here is long term and we’re deeply grateful for this recognition.”

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Above: Best Developer Vietnam – CapitaLand Vietnam

CapitaLand Vietnam’s projects D1MENSION and Feliz en Vista also received outstanding awards at the Asia Pacific Property Awards 2017. D1MENSION, CapitaLand Vietnam’s luxury boutique development in District 1, Ho Chi Minh City, took home the prestigious 5-star Award for “Best Property Single Unit Vietnam” while its high-end residential project in District 2, Feliz en Vista, was awarded the prestigious “Residential High-Rise Development Vietnam”.

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Above: Golden Emperor has since collaborated with CapitaLand on launching different projects in Hong Kong, Shanghai, and Vietnam and achieved outstanding sales results. Mr. Terence Chan, Managing Director of Golden Emperor (left) and  Mr. Chen Lian Pang, CEO of CapitaLand Vietnam (right)

Source: Capitaland, PropertyGuru, Bizhub

Wealth Jumps For Thailand’s Top 50 Richest On Forbes List

June 2, 2017 Published by: Golden Emperor

SINGAPORE (May 31, 2017) – More than two thirds of the tycoons on the Forbes Thailand Rich List 2017 saw their wealth increase, with the top five notching up the biggest dollar gains. The collective net worth of Thailand’s 50 richest is US$123.5 billion, up 16% since 2016.

Thailand’s economy saw an uptick as it expanded 3.3% in the first quarter of 2017, its highest rate in four years, largely due to improved farm production, increased consumer spending and a recovery in exports. The stock market also rose by 12% in the past 12 months.

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The Chearavanont brothers of the Charoen Pokphand Group are the biggest gainers in dollar terms, adding $3 billion to their wealth to retain their No. 1 spot with a fortune of $21.5 billion. Thailand’s richest clan announced a long-expected succession in its top ranks in January. After 48 years as Chairman and CEO, Dhanin Chearavanont crowned his oldest son, 53-year old Soopakij, and his youngest son, 50-year old Suphachai, as CP’s Chairman and CEO respectively. The 77-year old patriarch is now designated Senior Chairman of the group.

Thai Beverage's Chairman Sirivadhanabhakdi speaks during a news conference at the Singapore Exchange

Liquor tycoon Charoen Sirivadhanabhakdi, remains at No. 2 with a net worth of $15.4 billion from $13.7 billion last year. He announced plans to build One Bangkok, a $3.5 billion township in central Bangkok, the city’s biggest development to date. This is overseen by his youngest child, 39-year old Panote, group CEO of listed property arm Frasers Centrepoint in Singapore, who is in charge of the family’s international property interests. His older sibling, Thapana, presides over flagship Thai Beverage as President and Chief Executive.

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The Chirathivat family (No. 3, $15.3 billion) of the Central Group also saw an 18% increase in their net worth from $13 billion last year. Chalerm Yoovidhya (No. 4), who heads the Red Bull clan, is the second biggest gainer in dollar terms. His wealth was up $2.8 billion to $12.5 billion this year. Though Red Bull sales are flat, the sector is sizzling and public competitors trade at higher multiples than a year ago.

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Duty-free tycoon Vichai Srivaddhanaprabha (No. 5, $4.7 billion) of King Power added $1.45 billion to his fortune and earned his spot among the top five on the list. Thailand’s tourism boom, which drew a record 32.6 million visitors in 2016, brought in a 20% increase in sales at his stores.

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There are three newcomers on this year’s list, including poultry producer Winai Teawsomboonkij (No. 35, $750 million), who founded Thaifoods Group in 1987 with a farm of 20,000 chickens. Itthipat Peeradechapan (No. 44), founder of Thai-exchange listed Taokaenoi Food & Marketing, a maker of seaweed snacks, made his debut with a net worth of $610 million. His company’s shares have jumped fivefold since its IPO in 2015. Itthipat, at 32, is the youngest on the list. Another newcomer is Nutchamai Thanombooncharoen (No. 46, $590 million), who is one of half a dozen women on this year’s list. Her company Carabao Group saw its shares surge by 55% in the past 12 months.

The minimum net worth to make the list this year is $460 million, up from $400 million a year ago.

Source: Forbes

A billion passengers on, Changi Airport aims higher

June 1, 2017 Published by: Golden Emperor

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There was little chatter over the air traffic control radio as the historic flight approached Changi Airport at sunrise.”We had the whole sky to ourselves,” recalled Singapore Airlines Captain Gan Kim Hock.

It was July 1, 1981, and he was first officer on Flight SQ101 – the very first scheduled commercial flight to land at the spanking new $1.5 billion Singapore Changi Airport. “I was just a new first officer living my dream of flying and, there I was, making history with Changi Airport,” Capt Gan told The Straits Times.

About an hour earlier, the Boeing 727 aircraft had taken off from Kuala Lumpur airport, with 140 “excited” passengers on board. In the cockpit with him were Captain T.K. Pow and Assistant Chief Flight Engineer P.H. Cheah. “It was fantastic… The first thing we saw was the iconic control tower at Changi. Looking down at the airport and the space around the control tower and the terminal building, we could see it was going to expand a lot more,” said Captain Gan, 59.

It was a far cry from Paya Lebar Airport, which opened in 1955 and was, by then, bursting at its seams.

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Even as he foresaw further expansion, “never in my wildest dreams did I expect that Changi would be what it is now”, Capt Gan said. And he cannot imagine what it will be like in 10 to 12 years, when Terminal 5 (T5) is ready.

Thirty-six years after SQ101 and from the 4.3 million passengers handled in the first six months after its opening, Changi Airport marked a significant milestone last month when it crossed the one-billion-passenger mark.

It was a proud moment for Mr Ho Beng Huat, 69, who joined the Civil Aviation Authority of Singapore before Changi Airport’s opening and is now a Changi Airport consultant. The growth has surprised everyone, he said, including the foreign consultants who drew up Changi’s plans.

“The whole masterplan was wrong… They grossly underestimated the potential,” Mr Ho said, adding that the projection was for Changi’s annual handling numbers to eventually grow to about 30 million passengers. Last year, the airport handled almost 60 million passengers, he said.

The numbers continue to rise, with the latest data showing a 7.8 per cent growth in traffic last month to 5.17 million passengers, compared with April last year. With a fourth passenger terminal opening later this year and plans for T5 in full swing, the expansion will more than double Changi’s annual handling capacity to 150 million passengers eventually. Mr Ho is confident that the capacity will be utilised as demand for air travel is expected to continue to grow strongly.

The challenge for Changi Airport will be to ensure that passenger comfort and convenience are not compromised when T5 – which will eventually be bigger than T1, T2 and T3 combined – opens, Mr Ho said. “T5 is a totally different ball game and will present new challenges we are not familiar with… We don’t have all the answers yet, but we will,” he said.

Changi is working with its partners, including ground-handling firm Sats, to push automation and do-it-yourself processes that will allow the airport to rely less on manpower. Veteran Sats staff member Augustine Lim, 53, who works with airlines to ensure that aircraft are loaded correctly, is excited about the future. He said: “Changi has come a long way in 36 years. It is much busier now, which adds to operational challenges. But automation and technology, which have totally transformed the way we work, have helped us manage the higher loads.”

Source: The Straits Times

Golden Emperor Properties (HK) Limited is a Hong Kong-based company that offers international properties to clients in Hong Kong and across the world. The company has a professional team dedicated to delivering all relevant and significant information as well as sales and after-sales services. Since the establishment, our company has made a rapid and successful development covering property markets in Thailand, Vietnam, Malaysia, the United Kingdom, Australia, and various regions in Europe. We constantly hold different events providing consultancy services on property investment opportunities, latest property investment news, and individual appointment services.

Since overseas property investment has been a major focus, and clients have shown both interest and demand, Golden Emperor has envisaged the fact and already set up offices in different regions throughout Asia, among those the ones in Shanghai and Bangkok are already in full service. On top of that, we are excited to announce that the most recent one in Ho Chi Minh City has just been opened, catering to property investment services in Vietnam. Golden Emperor is determined to further expand our business and establish more offices in Asia, making ourselves Asia’s best international property agency.

Golden Emperor Vietnam office address: Unit 1, 13/F, Saigon Centre Tower 1, 65 Le Loi Boulevard, District 1, HCMC, Vietnam

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Above: Golden Emperor office in Ho Chi Minh City. A professional sales team delivering full-scale services on international property investment

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Above: Golden Emperor office in Ho Chi Minh City is now in service

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Above:Mr. Terence Chan, Managing Director of Golden Emperor and  Mr. Chen Lian Pang, CEO of CapitaLand Vietnam

Golden Emperor has been partnering with various renowned overseas property developers, building strong corporate relationships to expand our business. Among our partners, CapitaLand is one of Asia’s leading property groups with headquarters stationed in Singapore. The company is also listed in Singapore with Temasek Holdings being one of their shareholders. Golden Emperor has since collaborated with CapitaLand on launching different projects in Hong Kong, Shanghai, and Vietnam and achieved outstanding sales results.

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Above: Sales teams of Golden Emperor and CapitaLand have been collaborating on launching multiple first-class property projects

Mr. Chen Lian Pang, CEO of CapitaLand Vietnam, has received the Real Estate Personality of the Year award at the Vietnam Property Awards 2016 at the InterContinental Asiana Saigon in Ho Chi Minh City. In addition, CapitaLand’s prime residential developments in Vietnam, Kris Vue, has won the Best High-End Condominium awards in Ho Chi Minh City. In addition, “Highly Commended for Best High-end Condominium in Ho Chi Minh” has been awarded to The Krista while Seasons Avenue has been award “Highly Commended for Best High-end Condominium in Hanoi.”

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The Vietnam Property Awards is part of the long established Asia Property Awards to recognize 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.

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Mr. 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, Mr. Chen Lian Pang 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.

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Mr. Chen Lian Pang said: “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.”

About the achievement for CapitaLand’s projects, Mr. Chen Lian Pang shared: “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.

Source: CapitaLand

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