ParkCity Group Secures Dual World Gold Wins at FIABCI 2026 for Malaysia and Vietnam Developments

VIENNA (June 12): ParkCity Group has secured two World Gold honours at the FIABCI World Prix d’Excellence Awards 2026 held in Vienna, Austria, recognising its residential developments in both Malaysia and Vietnam.

The developer won the World Gold Award in the Residential High-Rise category for Park Regent @ Desa ParkCity in Kuala Lumpur, and another World Gold in the Residential Low-Rise category for The Mansions @ ParkCity Hanoi in Vietnam.

ParkCity Group chief executive officer Datuk Joseph Lau said the recognition reflects the long-term development philosophy the group has upheld for more than two decades, focusing on placemaking that supports liveability, community connection, and sustainable value creation.

He added that although each development is shaped by different markets and cultural contexts, they are united by a common goal of creating environments where residents can live well, build meaningful connections, and thrive over time.

He described the dual wins as a validation of the group’s “ParkCity Way” approach on the global stage, highlighting its emphasis on integrated township development and community-focused planning.

Park Regent @ Desa ParkCity is a landmark waterfront residential development jointly developed by ParkCity Group and CapitaLand Development. The 5.6-acre project was launched in July 2019, comprising 505 freehold units ranging from 872 sq ft to 3,500 sq ft, and was completed and handed over in November 2023.

The development has also previously received recognition for value creation performance, with reported capital appreciation of between 32.81% and 59.4% over a five-year period from 2019 to 2024.

Meanwhile, The Mansions @ ParkCity Hanoi is a 12.7-acre development launched in December 2017, comprising 146 three- and four-storey park homes with selling prices ranging from approximately US$636,000 to US$1.314 million at launch.

The project has also received earlier recognition for its international development success, including awards highlighting overseas property achievements by Malaysian developers.

Looking ahead, ParkCity Group said it is expanding its township portfolio in Selangor, including developments in Petaling Jaya and Puchong South, as part of its broader regional growth strategy focused on integrated township living.