| Rank |
Award and Prize |
1st Prize
(1 entry or possibly
none selected) |
The
winner gains the exclusive right valued
at maximum of
USD3,800,000 to design
the Magok Waterfront |
2nd Prize
(1 entry or possibly
none selected) |
Award and prize money of
USD100,000 |
3rd Prize
(1 or 2 entries
or possibly none selected) |
Award and prize money of
USD50,000 |
Merit Award
(a maximum of
5 entries or possibly none selected) |
Award and prize money of
USD10,000 |