Organisers of the PropertyGuru Asia Awards Malaysia in partnership with iProperty today unveiled new dates and details for the programme’s 2024 edition during an exclusive gathering attended by business leaders.
Malaysia’s finest development companies and real estate projects are set be honoured at the celebration of the 11th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty on Friday, 25 October 2024. Around 400 executives and senior professionals are expected to be in attendance at the highly anticipated awards presentation and gala dinner in Kuala Lumpur.
Entries are now accepted via awards.propertyguru.com until 31 May 2024. With a professionally run and supervised judging system, an independent panel of experts will provide their fair, credible perspectives on entrants during the Live Judging Days, set for July 2024.
Consumers in Malaysia will also get the opportunity to voice their preferences through the People’s Choice Awards. For a limited period in July, property seekers will be able to vote for their favourite developers to win the Awards, showcasing the pulse of the Malaysian consumers.
(left to right: Jules Kay, Angela Ong – Head of Sales & Marketing from Malton Berhad, Datuk Zaini Yusoff – Chief Operating Officer from SP Setia Berhad, Kenny Wong (Chief Marketing Officer) from UEM Sunrise, Sheldon Fernandez)(left to right: Tong Chee Leng (PropertyGuru), Grace Tan (PropertyGuru), Ashraf Othman- Group Director from JL Projects Sdn Bhd)Entries are now accepted via awards.propertyguru.com until 31 May 2024
Key dates for the 2024 edition: 31 May 2024 – Entries close 1-14 July 2024 – People’s Choice Awards voting period 15-17 July 2024 – Live Judging Days 25 October 2024 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia 13 December 2024 – Regional Grand Final Gala Presentation in Bangkok, Thailand
Championing ESG
This year’s Awards hold special significance as they introduce five new categories recognising achievements in ESG: Low Carbon Champion, Energy Efficient Champion, Sustainable Design Champion, Sustainable Construction Champion, and Social Impact Champion.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We are delighted to distinguish the finest real estate in Malaysia across a broad spectrum of categories this year. Supported by the leading property portals in Malaysia, PropertyGuru.com.my and iProperty.com.my, the Awards have expanded in 2024 to include new categories, honouring the property developers that are championing environmental, social, and corporate governance (ESG) throughout the country. These accolades acknowledge the sustainability endeavours and positive impact of premier developers, in line with Malaysia’s push towards attaining the 2030 Sustainable Development Goals. Our Awards not only set the Gold Standard of real estate but also elevate the industry’s commitment to environmental, social, and corporate responsibility, leading to a better future for stakeholders in the property sector.”
The inclusion of the new categories coincides with GreenRE and Malaysia Green Building Council’s (MGBC) appointment as the Official ESG Knowledge Partners of the 2024 Awards. As Malaysia’s leading green building certification bodies, GreenRE and MGBC are instrumental in the development of the judging framework and criteria for the Awards’ ESG categories.
A staunch advocate for a sustainable built environment, GreenRE’s Executive Director Ir. Ashwin Thurairajah joins the 18-member, professional judging panel of the Awards for the first time this year, along with returning judge, MGBC President Ar. Dr. Serina Hijjas.
Datuk Ar. Ezumi Harzani Ismail, chairperson of the independent panel of judges of the Awards and president of the Malaysian Institute of Architects: 2020-2022, said: “It is important for developers to set a high standard in real estate to push the boundaries of conventional design and introduce innovations that set them apart. Participating in the Awards motivates architects and developers to explore novel materials, cutting-edge technologies, and new construction methods that inspire new architecture with a fresh perspective on the possibilities of the built environment. A great development shapes and influences the world we live in, leaving a lasting legacy for years to come, and brings the developer ahead of others.”
HLB, the global network of independent professional accounting firms and business advisers, is entrusted with overseeing the entire judging process and ensuring that it is conducted with integrity and transparency.
Representation for Malaysia
Top winners of the Awards in Malaysia will qualify to compete for regional accolades at the 19th PropertyGuru Asia Property Awards Grand Final 2024 in Bangkok, Thailand on 13 December. Malaysia’s best developers, developments, and designs will contend for the Best in Asia honours with their counterparts from Australia, Cambodia, Mainland China, Hong Kong, Macau, Greater Niseko (Japan), India, Indonesia, Philippines, Singapore, Thailand, and Vietnam.
Malaysia was represented with four regional wins at the Grand Final in 2023, led by Perbadanan Kemajuan Negeri Selangor (PKNS), winner of the Best Affordable Homes Developer (Asia) award. Projects by Eastern & Oriental Berhad, Eupe Corporation Berhad, and Sime Darby Property also garnered Best in Asia titles.
As the property market gradually rebounds and environmental awareness spreads among prospective buyers and investors, developments that meet the standards of energy efficiency, functionality, and sustainability are set to spearhead the future Malaysian market.
Informed decisions, economic optimism
According to the PropertyGuru Malaysia Consumer Sentiment Study H1 2024, 77% of property seekers believe that climate change is influencing their purchase decisions while 30% are willing to pay more for a green home.
Despite uncertain expectations for the property market this year, service sectors are expected to continue spearheading economic expansion, according to PropertyGuru’s Malaysia Property Market Outlook 2024. Areas with a robust presence of service sectors are likely to remain appealing to home seekers while infrastructural developments, such as those in Johor and Penang, are expected to drive demand.
The PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my are the most respected and most sought-after real estate industry awards programme in the country. The event is part of the regional PropertyGuru Asia Property Awards series, which marks its 19th year in 2024. The Awards series covers key markets across the region, spanning Southeast Asia, East Asia, South Asia, and Oceania, with exclusive gala dinners and awards ceremonies that represent the most anticipated property events of the year.
Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty are supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official ESG knowledge partners GreenRE and Malaysia Green Building Council; official magazine Property Report by PropertyGuru; media partners Kopi & Property, Marketing In Asia, Niaga Times, Penang Property Talk, The Malaysia Voice, and Top 10 Malaysia; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:
PropertyGuru’s Asia Property Awards are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
Since launching in 2005, the PropertyGuru Asia Property Awards have been presented to outstanding developers, developments, and designs in the region’s most dynamic property markets. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during PropertyGuru Week in December 2024.
For more information, please visit AsiaPropertyAwards.com
ABOUT PROPERTYGURU GROUP:
PropertyGuru is Southeast Asia’s leading PropTech company, and the preferred destination for over 37 million property seekers to connect with almost 59,000 agents monthly3 to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.
For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.
Footnotes & Citation: (1) Based on SimilarWeb data between April 2023 and September 2023. (2) Based on Google Analytics data between April 2023 and September 2023. (3) Based on data between July 2023 and September 2023. (4) Based on data between April 2023 and September 2023.
Group: Key Statistics as of November 2023 * Property seekers: 37 million * No. of agents: 59,000 * Real estate listings: 2.9 million
Strong Category Leadership Drives Long-Term Growth Opportunities As of September 30, 2023, PropertyGuru continued its Engagement Market Share* * Singapore: 83% – 6.2x the closest peer * Malaysia: 92% – 12.8x the closest peer * Vietnam: 80% – 4.0x the closest peer * Thailand: 51% – 1.7x the closest peer
*Based on SimilarWeb data between April 2023 and September 2023.
PROPERTYGURU CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Sales & Nominations: June Fong, Events Director & Head of Awards (Malaysia) M: +6019-319 0127 E: june.fong@iproperty.com.my
Media & Partnerships: Nate Dacua, Media Relations & Marketing Services Manager M: +66 92 701 2519 E: nate@propertyguru.com
PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, announced the winners of the 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my at The Majestic Hotel Kuala Lumpur, the official venue.
Excellent companies and property developments, as well as exemplary individuals in the real estate industry, comprised this year’s list of winners. The Awards were presented across 48 categories, decided by an elite roster of local and foreign experts as well as the people of Malaysia.
With nine golden statuettes, WCT Land Sdn Bhd garnered the most wins of the year. The company was named Best Developer (Malaysia), Best Developer (Central Malaysia), and Best Mixed Use Developer and garnered multiple awards for its projects Pavilion Mont Kiara and Greenville Residences.
UEM Sunrise Berhad also gained nine wins, including various honours for its projects The Connaught One, Allevia Mont’Kiara, The MINH Mont’Kiara, Residensi ZIG, and Verna Serene Heights.
Another big winner, Sime Darby Property, won five golden statuettes, including the prestigious Best Landed Development (Malaysia) award for Ilham Residence, in addition to honours for Bandar Bukit Raja and Serasi Residences, Putra Heights Sentral. Eupe Corporation Berhad won the prestigious Best High-Rise Development (Malaysia) title for Est8 @ Seputeh in one of three awards for the company.
Other winners in the Developer categories were Mah Sing Group Berhad, named Best Lifestyle Developer with a win for M Astra; Perbadanan Kemajuan Negeri Selangor, named Best Affordable Homes Developer; Tanah Sutera Development Sdn Bhd, named Best Developer (Southern Malaysia) with a win for Sutera Square; and Tanjung Ratna Sdn Bhd, named Best Boutique Developer.
An independent panel of expert judges provided their unbiased insights during the Live Judging Days that began in July 2023. They consisted of Datuk Ar. Ezumi Harzani Ismail, chairperson of the panel of judges and president of the Malaysian Institute of Architects: 2020-2022; Chris Tia, vice-chairperson of the panel of judges and principal and managing partner of Tia & Noordin; Blaine Robert, CEO and creative director, Blaine Robert Design; Christophe Vicic, chief growth officer, JLL Property Services (M) Sdn Bhd; Dr. Daniele Gambero, president, Malaysia Proptech Association (MPA); Sr Engad Ravana, principal, ER Consult; PMgr Sr Haji Ishak bin Ismail, president, Malaysia Institute of Professional Property and Facility Managers (MIPFM); Ho Chin Soon, chairman, Ho Chin Soon Research; Dato’ Sr. Lau Wai Seang, president of the Royal Institution of Surveyors Malaysia (RISM): 2017-2018; Sr Low Han Hoe, independent property consultant, coach, mentor, trainer, FRICS FRISM FPEPS FMIPFM MMIEA MPINZ; Ar. Ts. PRBr.Mustapha Kamal Zulkarnain, founder and principal, Arkitek Mustapha Kamal; Assoc. Prof. LAr. Dr Nor Atiah Ismail, president, Institute of Landscape Architects Malaysia (ILAM); Datin TPr Hjh Noraida Saludin, president, Malaysian Institute of Planners (MIP); Ir. Ong Ching Loon, immediate past president, The Institution of Engineers Malaysia (IEM): 2020-2022; Ar (Dr) Serina Hijjas, vice president, MalaysiaGBC 2023-2025; Sr Subramaniam A/L Arumugam, president, Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS); Tan Hui Yin, partner, Tan Chap & Associates; and Ir. Dr. Zulhkiple A Bakar, managing director, Perunding ZAB Sdn Bhd.
John Ler and Kelvin Chew, international contact partner and managing partner of HLB Ler Lum Chew – HLB Malaysia, respectively, represented the official supervisor and made sure the selection process was fair, credible, and transparent.
Property seekers in Malaysia were also given the opportunity to recognise the 10 finest developers in the country. This year, the People’s Choice Awards went to Chin Hin Group Property; Eastern & Oriental Berhad; Glomac Berhad; LBS Bina Group Berhad; Mah Sing Group Berhad; Mitraland Group; Perbadanan Kemajuan Negeri Selangor; Seri Pajam Development; Sime Darby Property; and UEM Sunrise Berhad.
The Portal’s Choice Awards, decided by the Awards Organising Committee, went to OCR Group (Visionary Developer Award); HCK Capital Group Berhad (Urban Revival Award); and Gunung Impian Development Sdn Bhd (Consumer Game Changer Award). The Awards Organising Committee also presented the inaugural Rising Star Award to Ms Lindy Tan of BCB Berhad for her fresh, innovative approach to working in the real estate scene.
The editorial team of Property Report by PropertyGuru, the official magazine, presented the Malaysia Real Estate Personality of the Year award to Tan Sri Dato’ Seri Vincent Tan, founder and advisor of Berjaya Corporation Berhad. He is honoured for several remarkable achievements, including the diversification of the conglomerate and its expansion into markets across Asia.
Malaysia’s leading property marketplaces, PropertyGuru.com.my and iProperty.com.my, jointly organised the black-tie gala dinner and presentation ceremony.
Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “With our Awards, we continue to celebrate property development and design that is setting the standard for excellence in Malaysia. Our panel of expert judges recognise these projects have the chance to create real impact for the nation’s consumers. We believe that our winning developers and their projects will make a lasting, positive influence on the industry.”
Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: “Congratulations to the 2023 Malaysia award winners. We are proud to set a gold standard in design and development through the collaboration of two market leaders. With the backing of Malaysia’s premier property marketplaces – PropertyGuru Malaysia and iProperty – the Malaysia awards showcase the very best real estate to property seekers, domestically and internationally.”
Winners from the Awards in Malaysia may vie for the Best in Asia accolades at the 18th PropertyGuru Asia Property Awards Grand Final 2023 in Bangkok, Thailand on 8 December.
The 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my programme is supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official venue The Majestic Hotel Kuala Lumpur; official magazine Property Report by PropertyGuru; media partners Asian Property Review, BERNAMA, Kopi & Property, Niaga Times, Penang Property Talk, Real Estate Malaysia (REM), The Grid Asia, The Malaysia Voice, and Top 10 of Malaysia; supporting association REHDA Institute; official balloting partner HLB Ler Lum Chew – HLB Malaysia; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.
COMPLETE LIST OF WINNERS
10th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my
DEVELOPER AWARDS
Best Developer (Malaysia) WINNER: WCT Land Sdn Bhd
Best Developer (Southern Malaysia) WINNER: Tanah Sutera Development Sdn Bhd
Best Developer (Central Malaysia) WINNER: WCT Land Sdn Bhd
Best Boutique Developer WINNER: Tanjung Ratna Sdn Bhd
Best Mixed Use Developer WINNER: WCT Land Sdn Bhd
Best Lifestyle Developer WINNER: Mah Sing Group Berhad
Best Affordable Homes Developer WINNER: Perbadanan Kemajuan Negeri Selangor
DEVELOPMENT AWARDS
Best Luxury High-Rise Development (Central) WINNER: Pavilion Mont Kiara by WCT Land Sdn Bhd
Best High End High-Rise Development (Central) WINNER: Est8 @ Seputeh by Eupe Corporation Berhad
Best Mid End High-Rise Development (Central) WINNER: Ayanna Resort Residences @ Bukit Jalil by Chin Hin Group Property
Best Mass Market High-Rise Development (Central) WINNER: M Astra by Mah Sing Group Berhad
Best High End High-Rise Development (Southern) WINNER: Greenville Residences by WCT Land Sdn Bhd
Best Waterfront High-Rise Development WINNER: Residensi ZIG by Mega Legacy (M) Sdn Bhd
Best Value High-Rise Development WINNER: Serasi Residences, Putra Heights Sentral by Sime Darby Property
Best Lifestyle High-Rise Development WINNER: Ayanna Resort Residences @ Bukit Jalil by Chin Hin Group Property
Best Investment High-Rise Development WINNER: IBN Highlands City by IBN Corp
Best Green High-Rise Development WINNER: Allevia Mont’Kiara by UEM Sunrise Berhad
Best Eco Friendly High-Rise Development WINNER: Stellar Damansara by OCR Land Development Sdn Bhd
Best Connectivity High-Rise Development WINNER: The Connaught One by UEM Sunrise Berhad
Best Mass Market Landed Development (Central) WINNER: Verna Serene Heights by UEM Sunrise Berhad
Best Value Landed Development WINNER: Sena Mas @ Tasek Gelugor by PTL Properties Sdn. Bhd.
Best Smart Home Landed Development WINNER: Nada Embun by Seri Pajam Development
Best Lifestyle Landed Development WINNER: Ilham Residence by Sime Darby Property
Best Completed Landed Development WINNER: Sena Mas @ Tasek Gelugor by PTL Properties Sdn. Bhd.
Best Integrated WFH Development WINNER: Residensi ZIG by Mega Legacy (M) Sdn Bhd
Best Co Living Development WINNER: The Meg by Eastern & Oriental Berhad
Best Industrial Development WINNER: Bandar Bukit Raja by Sime Darby Property
Best Mixed Use Development WINNER: The Connaught One by UEM Sunrise Berhad
Best Retail Development WINNER: Sutera Square by Tanah Sutera Development Sdn Bhd
DESIGN AWARDS
Best Township Masterplan Design WINNER: Andaman by Eastern & Oriental Berhad
Best Mixed Use Architectural Design WINNER: The Connaught One by UEM Sunrise Berhad
Best Luxury High-Rise Architectural Design WINNER: Pavilion Mont Kiara by WCT Land Sdn Bhd
Best High End High-Rise Architectural Design WINNER: The MINH Mont’Kiara by UEM Sunrise Berhad
Best Landed Architectural Design WINNER: D’ Art Hills Residence by PH World
Best High-Rise Interior Design WINNER: Est8 @ Seputeh by Eupe Corporation Berhad
Best High-Rise Landscape Design WINNER: Pavilion Mont Kiara by WCT Land Sdn Bhd
Best Clubhouse Design WINNER: D’ Art Hills Residence by PH World
BEST OF MALAYSIA AWARDS
Best Landed Development (Malaysia) WINNER: Ilham Residence by Sime Darby Property
Best High-Rise Development (Malaysia) WINNER: Est8 @ Seputeh by Eupe Corporation Berhad
SPECIAL AWARDS
Special Recognition in ESG WINNER: LBS Bina Group Berhad WINNER: Mah Sing Group Berhad WINNER: Tanah Sutera Development Sdn Bhd
Special Recognition for CSR WINNER: LBS Bina Group Berhad WINNER: Tanah Sutera Development Sdn Bhd WINNER: WCT Land Sdn Bhd
Special Recognition in Sustainable Design and Construction WINNER: LBS Bina Group Berhad WINNER: Perbadanan Kemajuan Negeri Selangor WINNER: WCT Land Sdn Bhd
PORTAL’S CHOICE AWARDS
Visionary Developer Award WINNER: OCR Group Berhad
Urban Revival Award WINNER: HCK Capital Group Berhad
Consumer Game Changer Award WINNER: Gunung Impian Development Sdn Bhd
Rising Star Award WINNER: BCB Berhad – Ms Lindy Tan
PUBLISHER’S CHOICE AWARD
Malaysia Real Estate Personality of the Year WINNER: Tan Sri Dato’ Seri Vincent Tan, Founder and Advisor, Berjaya Corporation Berhad
PEOPLE’S CHOICE AWARDS
WINNER: Chin Hin Group Property WINNER: Eastern & Oriental Berhad WINNER: Glomac Berhad WINNER: LBS Bina Group Berhad WINNER: Mah Sing Group Berhad WINNER: Mitraland Group WINNER: Perbadanan Kemajuan Negeri Selangor WINNER: Seri Pajam Development WINNER: Sime Darby Property WINNER: UEM Sunrise Berhad
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.
For more information, please visit AsiaPropertyAwards.com
ABOUT PROPERTYGURU GROUP:
PropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 37 million property seekers(2) to connect with almost 60,000 agents monthly(3) to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.
For more information, please visit:PropertyGuruGroup.com;PropertyGuru Group on LinkedIn.
(1) Based on SimilarWeb data between October 2022 and March 2023. (2) Based on Google Analytics data between October 2022 and March 2023. (3) Based on data between January 2023 and March 2023. (4) Based on data between October 2022 and March 2023.
PROPERTYGURU CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships: Nate Dacua, Media Relations & Marketing Services Manager M: +66 92 701 2510 E: nate@propertyguru.com
The PropertyGuru Asia Property Awards (Singapore) programme is now open for entries for its 13th edition in 2023.
Organisers of the 13th annual PropertyGuru Asia Property Awards (Singapore) now challenge the country’s leading and emerging development companies and design practices to compete for recognitions that showcase and provide an international platform for their exemplary, outstanding achievements.
Entry submissions are accepted online until 1 September 2023 via: asiapropertyawards.com/
The Singapore property market is off to a promising albeit slower start in 2023. The housing market remains resilient despite uncertain geopolitical and macroeconomic conditions, rising inflation, and increasing interest rates, according to the PropertyGuru Singapore Property Market Report Q1 2023.
Defying economic downside pressures, property prices climbed in 2022, partly due to tight supply, amid declining sales volumes across all property types. Despite the increased cost of acquiring homes, many buyers maintain a positive view of the market’s long-term outlook.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “Singapore developers continue to lead the way with designs and concepts that are not only deserving of international recognition, but also set a high standard for Southeast Asia. We are confident that this year’s entries will be just as exemplary, displaying Singaporean prowess in creating sustainable built environments and aspirational developments where people can live, work, and thrive.”
Kristin Thorsteins, chairperson of the PropertyGuru Asia Property Awards (Singapore) and head of partnership growth for APAC at IWG PLC (Singapore), said: “In recent years, Singapore developers have demonstrated remarkable resilience and flexibility, responding to changes by creating more sustainable spaces and integrating nature into their projects. As we look ahead, we anticipate witnessing further benchmark-setting innovations among our entries this year, as Singapore continues to adapt to post-pandemic societal changes and prepares to face any challenge with unwavering determination and vigour.
“With a robust infrastructure ecosystem and a commitment to green-building technologies, Singapore is at the forefront of sustainable development, leading the way in reducing energy and water consumption, as well as carbon emissions. We are confident that Singapore’s developers will continue to drive innovation in the real estate industry, creating spaces that are not only resilient, but also sustainable and in harmony with nature.”
The black-tie gala dinner and presentation ceremony of the 13th PropertyGuru Asia Property Awards (Singapore) will take place at The Ritz-Carlton, Millenia Singapore ballroom on Friday, 27 October 2023.
Key dates for the 2023 edition: 1 September 2023 – Entries Close 11-29 September – Site Inspections 3 October 2023 – Final Judging 27 October 2023 – Gala Dinner and Awards Ceremony in Singapore 8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand
The public are encouraged to submit their nominations before the deadline of entries on 1 September 2023 here: asiapropertyawards.com/nominations
Led by Thorsteins, an independent panel of judges, comprising experts in diverse fields such as real estate consultancy, architecture and interior design, and sustainable development, will participate in a rigorous process selecting the award recipients.
The resulting shortlist of nominees will be able to showcase their companies and projects to a wide network of property seekers, real estate agents, banks and valuers, and other enterprises served by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company.
Supervised by HLB, the global network of independent advisory and accounting firms, the awards programme makes full use of a professionally run and fully transparent judging system, with an established reputation for fairness, credibility, and integrity.
Excellent Asian companies
Main winners from the 2023 edition of the PropertyGuru Asia Property Awards (Singapore) will qualify to compete with other excellent companies across the region for the ‘Best in Asia’ honours at the 18th PropertyGuru Asia Property Awards Grand Final in Bangkok, Thailand on 8 December 2023.
Singapore companies scored several regional wins at the 17th PropertyGuru Asia Property Awards Grand Final 2022. GuocoLand was named Best Luxury Developer (Asia) and Best Sustainable Developer (Asia) while UOL Group Limited was named Best Hospitality Developer (Asia).
UOL Group Limited also won Best Hotel Development (Asia) for Pan Pacific Orchard. Park Nova by Shun Tak Holdings gained the Best Condo Architectural Design (Asia) title while Artyzen Singapore by Artyzen Hospitality Group won Best Hospitality Interior Design (Asia).
Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices. The series initially covered Southeast Asia and has expanded over the years to include the region’s dynamic property markets, including Australia, China, Greater Niseko in Japan, and India.
The 13th PropertyGuru Asia Property Awards (Singapore) are supported by official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partner d+a Magazine; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent.
In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.
For more information, please visit AsiaPropertyAwards.com
ABOUT PROPERTYGURU GROUP:
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 41 million property seekers2 to connect with more than 63,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 3.2 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio of leading property marketplaces across its core markets; award-winning mobile apps; mortgage marketplace, PropertyGuru Finance; and a host of enterprise solutions now under PropertyGuru For Business, including a high-quality developer sales enablement platform, FastKey, DataSense, ValueNet, Awards, events and publications across Asia.
For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.
1 Based on SimilarWeb data between July 2022 and December 2022 2 Based on Google Analytics data between July 2022 and December 2022 3 Based on data between July 2022 and December 2022 4 Based on SimilarWeb data between July 2022 and December 2022
PROPERTYGURU CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships: Nate Dacua, Media Relations & Marketing Services Manager M: +66 92 701 2510 E: nate@propertyguru.com
The Singapore edition of the PropertyGuru Asia Property Awards, organised by Southeast Asia’s leading property technology company, PropertyGuru (NYSE: PGRU), will return to the Lion City for its 2022 edition. — Exclusive gala celebration to be held on 28 October 2022 at Shangri-La Singapore — Entries and nominations are open to eligible companies and the public, respectively, until 19 August, with several new titles for local and transnational developers — International audience can watch a live stream of awards presentation via AsiaPropertyAwards.com and digital platforms
The 12th PropertyGuru Asia Property Awards (Singapore), supported by Kohler and Mitsubishi Electric Asia Pte Ltd., will be presented at an exclusive in-person gala event at the Shangri-La Singapore on Friday, 28 October 2022. Nominations and entries are being accepted online until 19 August: www.asiapropertyawards.com/en/nominations
The return of the black-tie gala celebration comes as property seekers in the city-state cope with shifts brought by the new normal and look to a better future, according to findings by the H1 2022 PropertyGuru Consumer Sentiment Study (CSS) (tinyurl.com/45mrax8k).
The study recorded an uptick in the overall Sentiment Index (tinyurl.com/2p92v3c5) – a measure of current real estate satisfaction and overall climate, housing affordability, interest rates, perceived government efforts, and property prices by PropertyGuru.com.sg, Singapore’s No. 1 property marketplace. This uptick was driven by Singaporeans’ positive outlook on future property prices, more reasonable perception of home loan interest rates, and better-perceived government efforts to make housing more affordable.
Following last year’s successful virtual gala event, the PropertyGuru Asia Property Awards (Singapore) this year have added new categories, honouring real estate companies with developments not only in the city-state but also those with projects abroad.
Key dates:
19 August 2022 – Entries Close 5-28 September 2022 – Site Inspections 29 September 2022 – Final Judging 28 October 2022 – Gala Event and Awards Ceremony in Singapore 9 December 2022 – Regional Grand Final Gala Event in Bangkok, Thailand
All-new award titles
Entries and nominees will be shortlisted across 81 categories. They include the all-new title of Best Transnational Developer, open to companies with developments outside Singapore, as well as Best Luxury Developer. Never-before-presented titles will also be given to eligible residential projects across the city-state: Best Premium Condo Development, Best Waterfront Condo Development, Best Lifestyle Development, Best Wellness Condo Development, and Best Nature-Integrated Condo Development.
Jules Kay, General Manager, PropertyGuru Asia Property Awards & Events, said: “The number of quality developments, designs and development companies has grown every year and many of them have been instrumental in driving that growth. Singapore properties and developers always feature highly in the list of the Best in Asia. It’s clear that as leaders in this field, they have set a standard in Singapore for others to follow. The PropertyGuru Asia Property Awards (Singapore) look forward to recognising their achievements this year and in the years to come.”
Dr. Tan Tee Khoon, Country Manager, PropertyGuru.com.sg, said: “Singaporean developers have kept the real estate industry dynamic even in these unprecedented times. I hope that these companies will continue their innovations and push forward their projects with world-class concepts and design across all asset segments, and that they will remain committed to sustainability, green building and ESG.”
To launch the 2022 edition, PropertyGuru hosted a luncheon with local developers to celebrate the opening of the nominations and the new categories.
From the Awards in Singapore, main country winners will proceed to the 17th edition of the PropertyGuru Asia Property Awards Grand Final in Bangkok, Thailand where they will compete with peers for Best in Asia honours. At the 2021 edition of the Grand Final, companies from Singapore scored four regional wins, including the Best Hospitality Developer (Asia) title, which was presented to UOL Group Limited.
The 2022 gala event in Singapore will continue to reach consumers, investors and agents internationally by streaming live on AsiaPropertyAwards.com and digital platforms such as Facebook, YouTube, and LinkedIn. The PropertyGuru Asia Property Awards virtual gala series, which began streaming in 2020 and continued in 2021, has garnered around 1 million views to date across multiple channels.
The 12th Annual PropertyGuru Asia Property Awards (Singapore) programme is supported by gold sponsors Kohler and Mitsubishi Electric Asia Pte Ltd.; official portal partner PropertyGuru.com.sg; official magazine PropertyGuru Property Report; official cable TV partner History Channel; official PR partner Artemis Associates; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.
NOTE: Use of the PropertyGuru Asia Property Awards (Singapore) logo is limited to the publication of this article only.
PROPERTYGURU CONTACTS: General Enquiries: Richard Allan Aquino Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS: PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent.
In 2022, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2022.
For more information, please visit AsiaPropertyAwards.com
ABOUT PROPERTYGURU GROUP: PropertyGuru Group is Southeast Asia’s leading property technology company, and the preferred destination for over 52 million property seekers to find their dream home, every month. PropertyGuru and its group companies empower property seekers with more than 3.3 million real estate listings, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.
PropertyGuru.com.sg was launched in 2007 and has helped to drive the Singapore property market online and has made property search transparent for the property seeker. Over the decade, the Group has grown into a high-growth technology company with a robust portfolio of leading property portals across its core markets company; award-winning mobile apps; a high-quality developer sales enablement platform, PropertyGuru FastKey (www.propertygurugroup.com/fastkey/); mortgage marketplace PropertyGuru Finance (www.propertyguru.com.sg/mortgage/home-loan); and a host of other property offerings including Awards (www.asiapropertyawards.com/en/), events and publications across Asia.
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