The
Fullerton Square Project (comprising The Fullerton Singapore,
One Fullerton and the underground link connecting the
two buildings) developed by Far East Organization / Sino
Land, has once again put Singapore among the best of the
best in the international real estate arena. The project
was recognised for its excellence in urban land use practice
by the pre-eminent, multidisciplinary real estate organisation,
Urban Land Institute (ULI), winning the Award for Excellence
at its Gala Award Ceremony in New York on 5 November 2004.
The ULI Awards for Excellence programme is widely regarded
as the land use industry’s most prestigious recognition
programme worldwide. It seeks to acknowledge and reward
“truly superior development efforts” in
the disciplines of planning, design and development,
which are “worthy of emulation”. Winning
projects, representing the highest standards of achievement
in the development industry, contribute to a live-work-play
environment and are designed to complement and enhance
the greater community.
Of the 99 world-wide entries this year, 19 finalists
were selected. Two of which are from Asia: The highly
acclaimed Roppongi Hills (Tokyo, Japan) and the multi-award
winner The Fullerton (Singapore). Ten winners were eventually
chosen by the jury with the Fullerton Square Project
emerging as the only winning entry from Asia.
“The Fullerton, a historical edifice so inextricably
linked to the Singapore story, inspired the creation
of a world-class product that preserves its rich heritage,
yet captures the mood of the new Millennium with modern
hospitality and technology,” said Mr Chia Boon
Pin, Chief Operating Officer of Retail & Lifestyle
Concepts Business Group and Director of Corporate Affairs,
Far East Organization.
“We are deeply honoured by the Urban Land Institute’s
conferment of the prestigious Award for Excellence.
It reaffirms The Fullerton’s achievements in its
pursuit of world class real estate development excellence,
a vision that has guided Far East Organization in all
its development endeavours,” added Mr Chia.
Originally built in 1924 as a symbol of the colonial
government's vision for a classically monumental civic
centre, the historic Fullerton building has been transformed
into a world-class hotel. Stringent conservation guidelines
preserved the facade and interior historical elements.
A new two-story commercial complex, One Fullerton, is
linked to the historic building by an underground link.
The Fullerton building holds a special place in the
hearts of Singaporeans and friends. In its 75-year history,
it had been a government institution, a trade and commercial
centre and a social epicentre. Today, The Fullerton
Singapore continues to carry its legacy and responsibilities
to the community with pride.
The restored Fullerton hotel not only preserved the
dignity and character of the original building but also
celebrates its architectural splendours complemented
by innovative contemporary Asian design. The Fullerton
building with its Edwardian Baroque neoclassical architecture
standing in sharp contrast to the ultra modern nautical
design of One Fullerton has become an important Singapore
landmark of the new Millennium.
In just under four years of operation, The Fullerton
Singapore has not only been weaved into the downtown
fabric but has also gained worldwide recognition for
excellence in all aspects of its development and business
operations.
This independent hotel without any marketing advantages
of a hotel chain with established geographical distribution
and brand awareness has shown remarkable growth in business.
Its success can be seen in its rapidly growing occupancies
and rates from launch. It is a valuable, unique asset
that has demonstrated financial success as evident in
the growth of its returns to the business.
The Fullerton has also helped fulfil the government’s
vision of a revitalised Singapore River. The Fullerton
Square area, stretching from Fullerton hotel along the
Singapore River onwards to One Fullerton and the Merlion
Park promenade, is vibrant with its mix of lively activities.
It is now a favourite spot for locals and tourists.
The vision and quality of this project have been recognised
by the local and international communities with a succession
of accolades. The Fullerton Square Project received
the highest international recognition for excellence
in “all aspects of its creation” with the
Fiabci Prix d’Excellence Award 2003 conferred
by the International Real Estate Federation based in
Paris. The Fullerton Singapore also received the URA
Architectural Heritage Award in 2001 for the protection
and restoration of Singapore’s built heritage
and the Singapore Institute of Architects Architectural
Design Awards 2001 (Conservation Category).
The Fullerton Singapore was recently awarded a 39th
placing in the highly regarded Institutional Investor
World's Best Hotels survey. It is the only independent
hotel in Singapore to be ranked amongst the top in this
survey and its ranking is an impressive improvement
over its 2003 ranking of 54th place. The survey, currently
in its 24th year, ranks 80 hotels in 37 cities based
on responses from a high-powered panel of discerning
travellers made up of senior corporate and financial
executives. To ensure the prestige of the awards is
upheld, the requirement is for each respondent to have
spent an average of 52 nights in hotels over the past
year.
Other accolades include: Third Best Hotel in the Top
Ten Hotels – Asia category (Conde Nast Traveller
2004); Singapore Service Class Certification in recognition
of its practices in organisational excellence; Best
New Business Hotel in Asia Pacific 2002 & 2003 (Business
Traveller Asia Pacific Awards); Best New Business Hotel
in the World 2003 (Business Traveller UK/Europe); One
of the World’s Most Prestigious Hotels 2002 (Institutional
Investor 22nd Annual World’s Best Hotels Survey);
One of the World’s Best New Hotels (Conde Nast
Traveller 2002 “Hot List”).
The Fullerton Singapore has indeed responded successfully
to the Urban Redevelopment Authority (URA)’s inspired
vision for the grand historic building, which was to
“create the grandeur of the Ritz, the opulence
of the Peninsular and the majesty of the Waldorf Astoria.”
The Urban Land Institute (ULI), www.uli.org, founded
in 1936, is a highly respected non-profit research and
education organisation with 22,000 members worldwide.
The ULI Awards for Excellence is an annual competition
where properties around the world are honoured. Winning
properties are selected by renowned land use development
and design experts. Projects are evaluated on the basis
of financial viability, the resourceful use of land,
design, relevance to contemporary issues, and sensitivity
to the community and environment. The awards recognise
the full development process of a project, not just
its architecture or design. The criteria for the awards
include leadership, contribution to the community, innovations,
public/private partnership, environmental protection
and enhancement, response to societal needs, and financial
success. |