Sanur, todaysSpill.com
A shopping destination that seamlessly blends culture, tourism, and retail experiences has brought Bali into the international spotlight. ICON BALI has been honored with the World Silver Winner award in the Retail category at the prestigious FIABCI World Prix d’Excellence Awards 2026, held at the Hofburg Palace in Vienna, Austria, on June 11, 2026.
This achievement makes ICON BALI the only retail project from Indonesia to receive recognition at one of the world’s most prestigious property awards.
The international accolade follows ICON BALI’s earlier success as the Gold Winner in the Retail Category at the FIABCI Indonesia–REI Excellence Awards 2025, which qualified the project to represent Indonesia on the global stage.
The FIABCI World Prix d’Excellence Awards are widely recognized as one of the most prestigious honors in the global real estate industry. All participants are national winners from their respective countries and are evaluated on a wide range of criteria, including development concept, construction quality, architectural design, financial management, innovation, technology, sustainability, and community impact.
Heru Nasution, MBA, CSM, President Director of PT Grha Hatten Duasatu, said the award demonstrates that Bali’s local values are capable of earning international recognition.
“For us, this award is also a recognition of an idea—that Bali’s local values, culture, and identity are worthy of appreciation on the world stage,” he said.
Located in Sanur, Denpasar, ICON BALI embraces the concept of an integrated destination that combines shopping, dining, entertainment, culture, and beachfront recreation within a single development. With 32,000 square meters of leasable area and more than 200 tenants, the shopping destination is designed to serve both local residents and domestic as well as international visitors.
One of ICON BALI’s key strengths lies in its architectural design, which celebrates Bali’s natural beauty and rich cultural heritage. Distinctive Balinese elements are expressed through contemporary architecture complemented by open public spaces, direct beach access, and daily Balinese cultural performances.
This concept creates a unique retail-tourism experience, where shopping is seamlessly integrated with the island’s cultural richness.
Receiving the FIABCI World Prix d’Excellence Silver Award represents global recognition of ICON BALI’s culture-based retail tourism concept. The achievement also highlights that Indonesian retail developments—particularly those from Bali—are capable of competing with some of the world’s finest real estate projects.
Ida Bagus Rai Budarsa, President Commissioner of PT Grha Hatten Duasatu, emphasized that the award reflects the collective support of many stakeholders.
“This achievement belongs not only to ICON BALI. Therefore, with great respect, we dedicate this award as a token of appreciation to the Bali Provincial Government, the Denpasar City Government, and the people of Bali, all of whom have been part of ICON BALI’s journey and growth, enabling it to gain international recognition,” he said during the award presentation ceremony at ICON BALI.
Looking ahead, ICON BALI remains committed to introducing innovations that integrate retail, culture, community, and tourism while showcasing Bali’s unique strengths to the world through a destination concept deeply rooted in local identity.TS-01
