Its developer Heron International said the award encompassed all areas of the development such as its location, design, appearance, amenities and marketing, in a statement on Monday.
Meanwhile, 150 of the 284 apartments in the development have been taken up since marketing activities commenced nine months ago.
The Heron, one of the city's major residential developments in the last three decades, offers apartments with one, two and three bedrooms, premier apartments as well penthouses.
It also features a private club, a landscaped roof garden, gym and full concierge services.
The development is slated for completion in 2013.
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