Singapore – City Developments Limited (CDL)’s Tree House condominium was awarded World Gold Winner in the Sustainable Development category at the FIABCI World Prix d’Excellence Awards 2015 held in Kuala Lumpur on 30 May 2015.
It emerged the only World Gold winner from Singapore. To date, CDL has 13 FIABCI World Prix d’Excellence accolades, the most amongst local developers.
Awarded by an international panel comprising real estate professionals and experts, the FIACBI World Prix d’Excellence Award is one of the highest industry honours conferred on outstanding projects that embody excellence in all real estate disciplines involved in their creation.
CDL’s Deputy Chairman Mr Kwek Leng Joo said, “As the world faces rapid urbanisation and significant population growth, natural resources are fast diminishing. Thus, the need for sustainable development becomes more critical and pronounced. The real estate industry, which has great environmental impact, must continually evolve and seek green building innovations, sustainable engineering solutions and more efficient use of resources.”
Situated at Chestnut Avenue, Tree House is an eco-inspired condominium that is home to the world’s largest vertical garden. Spanning a total site area of 22,700.40 square metres and comprising four 24-storey towers with 429 units, Tree House achieved a Guinness World Record for its stunning 24-storey 2,289 square metres vertical garden in April 2014.