Giant property developer Novaland Group yesterday won the Developer of the Year award at the 2019 Dot Property Southeast Asia Awards, a prestigious property industry honour in the region.

At a ceremony in Bangkok last night, it also won the award for the Best Entertainment and Tourism Complex for its NovaWorld Phan Thiet.

Now in its fourth year, the Dot Property Southeast Asia Awards rewards the best in regional real estate, honouring the leading developers, projects and companies that contribute to the sector.

In July, at the Dot Property Viet Nam awards, Novaland had won the Best Developer Vietnam award.

In the 27 years since it was established Novaland Group has become one of the biggest and most prestigious developers in the country with over 40 projects ranging from housing to hospitality.

Novaland has now set its sights on become a leading conglomerate straddling property, finance, tourism destination creation, and transportation infrastructure.

It has 4,900ha of land and plans to develop three main segments -- housing in HCM City, satellite urban areas in HCM City’s neibouring provinces and hospitality.

Besides high-end and luxury housing projects in Districts 1 and 2 in HCM City, Novaland is developing its first ecological urban area in Dong Nai Province, Aqua City.

In the hospitality segment, the group is developing a clutch of major projects like NovaWorld Phan Thiet and NovaHills Mui Ne Resort & and Villas in Binh Thuan, NovaWorld Ho Tram in Ba Ria-Vung Tau and NovaBeach Cam Ranh Resort Villas in Khanh Hoa Province.

It was recently named one of the 10 winners of the 2019 Viet Nam Listed Company Awards for annual reports. It was for the third consecutive year it won the award.

This year it was also named one of the five listed companies with the best sustainable development report.

Bui Xuan Huy, CEO of Novaland Group, said: “The recent awards are good news for our group at the year-end, marking a successful 2019. It proves the strong efforts made by the group and staffs.

“2019 is a milestone in our strategy of widening business with many new projects, including in hospitality. We, of course, face many challenges, but we consider challenges a chance for us to expand and achieve success.”

NovaWorld Phan Thiet attracted many prospective foreign buyers at the 2019 Dot Property Southeast Asia Awards.

It spreads over nearly 1,000ha in Phan Thiet City in the south-central province of Binh Thuan, which is famous for its beautiful beaches and sunny weather all year long.

NovaWorld Phan Thiet is a tourism complex that meets international standards. It also has second homes and shophouses facing the ocean meaning the project is highly likely to fetch buyers huge profits.

It has over 200 amenities and facilities including a 250ha sports centre with a 36-hole golf course designed by Greg Norman. The course has everything required to host international golf tournaments.

Other amenities include a conference centre, an outdoor theatre, a 30-ha park, a hospital, a beauty centre, and a home for retired people.

Dot Property Southeast Asia Awards 2019 instituted by the Dot Property Group, are the biggest and most prestigious in Southeast Asia in the realty sector.

They honour the best property developers, projects and brokerages companies for their contributions to the regional real-estate market.

The Dot Property Southeast Asia Awards also honour new companies with initiatives to develop the market.