These days, it is getting more common for people to buy property overseas. An old friend bought a condo in Bangkok which is giving her 7% yield. Sometimes, it is good to have a starting point if we are thinking of some property targets in other countries. The below would list down all the contenders for the awards which meant that they are all pretty good. There is however just one winner and they are all highlighted below. It is always good to use these as a benchmark because there are definitely a lot of ongoing developments including some who did not submit their entries on time. Congratulations to all the developer teams. You would have worked hard for these awards. Happy scouting for your potential buy.
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PropertyGuru Asia Property Awards 2017 celebrates ‘bigger, better, stronger’ Asian real estate sector
Ultimate hallmark of industry excellence presented to the region’s finest developers as independently judged by peers and experts from around Asia
- GuocoLand named the Best Developer (Asia) for being an exemplary leader in urbanisation
- Sri Lanka, Mongolia, Hong Kong and Macau developers joined elite list of shortlisted nominees
- Singapore’s former master architect-planner Dr Liu Thai Ker delivered the keynote address
SINGAPORE – 10 November 2017
The PropertyGuru Asia Property Awards 2017, presented by Kohler, has finally reached its grand finale as the best in Asian real estate from Sri Lanka to Macau were honoured at the biggest and most respected industry awards gala presentation held on Wednesday evening (8 November) at the Sands Expo and Convention Centre at Marina Bay Sands in Singapore.
It was a glittering culmination of the year-long competition that started in Cambodia, journeying across Asia over the past year, and with Singapore’s domestic winners announced the previous evening.
The event recognised real estate industry excellence across Asia, based on the careful assessment of an independent grand final jury comprising the 11 chairmen and woman of the Asia Property Awards.
Freshly-crowned Singaporean champion GuocoLand, developer of the award-winning integrated development Tanjong Pagar Centre, was hailed the Best Developer in Asia for being a leader in urbanisation, mixed-use public spaces and sustainable development.
“One of the Singapore’s leading developers, GuocoLand believes that every project should possess ‘poetic ambience’ and offer a lifestyle that’s comfortable and usable. GuocoLand achieves its goal by incorporating well-designed public spaces, sustainable and green amenities, and choosing the most premium locations for the benefit of consumers,” the grand final jury said.
Bon Estates Sdn Bhd, who won their local award in August in Kuala Lumpur, collected the second biggest regional award for Best Boutique Developer (Asia). Bon Estates is also the lone regional winner from Malaysia at the grand final ceremony.
Indonesia sent the largest representation to the grand final, collecting a total of 22 accolades including Best Retail Architectural Design (Asia) for PIK Avenue by Agung Sedayu Group, and Best Green Development for Sequis Tower by FARPOINT.
The overall tally for the finalist countries is as follows: Singapore (17 total, including three regional), Vietnam (13, two regional), the Philippines (11, two regional), Malaysia (8, 1 regional), Thailand (7, two regional), Sri Lanka (8), Cambodia and Myanmar (7 each), Hong Kong (6, one regional), and Macau (6).
Macau also ties Singapore with three regional titles for MGM COTAI, a world-class, integrated hotel resort development along the famous Cotai Strip, taking home the Best Universal Design Development (Asia) award, a new category this year to reward a project that is designed for and easily accessible by all kinds of people regardless of age, size, gender or capabilities.
Presenting 17 regional awards for the Best in Asia, and 33 domestic awards for new participating markets Mongolia, Sri Lanka, Kong Kong and Macau, the 2017 edition of the PropertyGuru Asia Property Awards Grand Final has been dubbed “bigger, better and stronger,” reflecting the Asian real estate sector.
The two-part exclusive gala evening started with an international networking cocktail reception to welcome overseas guests and VIPs that included diplomats: Cambodian Ambassador His Excellency Mr. Nguon Sokveng; Sri Lanka’s Deputy High Commissioner, The Honourable Mr O. L. Ameer Ajwad; and Vietnam’s The Honourable Mr Dinh Hoang Linh, Minister Counsellor and Deputy Chief of the Mission.
Singapore’s legendary former master architect-planner Dr Liu Thai Ker, who gave the opening remarks to the two-day PropertyGuru Asia Real Estate Summit that preceded the grand finals, delivered the keynote address to inspire developers from around the region, which boasts some of the world’s most dynamic property markets with fast-growing urban population and migration.
“As an architect-planner, it is my belief that just as no man is an island, and no property project is an island. Projects function and look better if they are well integrated with the urban fabric,” he said, encouraging developers and governments to promote quality housing, reliable infrastructure and integrated communities that can support growth.”
Now in its seventh year, the 2017 grand final event also served as an introduction for the next stage of the PropertyGuru Asia Property Awards, which will be joined by developers from Japan and South Korea. Sri Lanka’s inaugural domestic gala dinner in Colombo has already been set in July 2018.
The entire judging process was strictly supervised by BDO, the world’s fifth largest network of accounting and auditing firm, including actual site inspections and intensive panel deliberations.
Terry Blackburn, founder and managing director of the Asia Property Awards, said: “PropertyGuru believes in the transformative power of real estate and the importance of property developers in shaping the Asian century. The iconic developments that were rewarded represent the best real estate in Asia. Real estate that inspires, real estate that transforms urban landscapes, real estate that redefines what hospitality, retail and office space means in the 21st century, not just for Asia, but for the whole world.”
He added: “Most importantly, real estate that gives residents of Asian countries more choice of quality homes than they have ever had before,” reiterating PropertyGuru’s role as Southeast Asia’s leading online property group that revolutionised the home-buying process using consumer-friendly technology that helps people make confident property decisions.
The seventh annual PropertyGuru Asia Property Awards Grand Final 2017 was supported by title sponsor Kohler; co-sponsors Regus, Mitsubishi Electric, and POSCO; official portal partner PropertyGuru.com.sg, Singapore’s No. 1 property site; official portal partner Lankapropertyweb.com; official South Korea newspaper Korea Economic Daily; media partners Southeast Asia GLOBE, Realestate.com.kh, InDesign Media Asia Pacific, and PropertyGuru Property Report, Asia’s leading luxury real estate, architecture and design publication; supporting association European Chamber of Commerce Singapore; and official supervisor BDO, the world’s fifth largest auditing and accountancy firm, led by co-managing partner Paul Ashburn.
The Grand Final Jury: Sorn Seap, founder/director, Key Real Estate Co., Ltd (CAMBODIA); Lindsay J. Orr, retired country head, Jones Lang LaSalle Philippines, Inc. (PHILIPPINES); Thien Duong, managing director, Transform Architecture (VIETNAM); Richard Emerson, managing director, Emerson Real Estate (ERE Myanmar Ltd) (MYANMAR); Prem Kumar, executive director, Jones Lang Wootton (MALAYSIA); Suphin Mechuchep, managing director, Jones Lang LaSalle (Thailand) Limited (THAILAND); Hendra Hartono, CEO, PT. Leads Property Service Indonesia (INDONESIA); Minkqee Tan, chief designer and architect, Minkke Architects Pte Ltd (SINGAPORE); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (HONG KONG & MACAU); and Dr. Nirmal De Silva, director and CEO, Paramount Realty (SRI LANKA).
REGIONAL WINNERS: THE BEST IN ASIA
PropertyGuru Asia Property Awards Grand Final 2017
DEVELOPER AWARDS (ASIA)
Best Developer (Asia)
- Agung Sedayu Group – Indonesia
- Ananda Development Public Company Limited – Thailand
- Blue Ocean Group of Companies – Sri Lanka
- Borey Peng Huoth Group – Cambodia
- CapitaLand Vietnam – Vietnam
- GuocoLand – Singapore – WINNER
- Marga Landmark – Myanmar
- Megaworld Corporation – Philippines
- Tropicana Corporation Berhad – Malaysia
Best Boutique Developer (Asia)
- Bon Estates Sdn Bhd – Malaysia – WINNER
- Lian Beng Group Ltd – Singapore
- PT Supermal Karawaci – Indonesia
DEVELOPMENT AWARDS (ASIA)
Best Condo Development (Asia)
- Capital TRUST Residencies – Vajira Road by Capital TRUST Residencies (Pvt) Ltd – Sri Lanka
- High Park Residences by Fernvale Development Pte Ltd – Singapore
- Langham Residence by Agung Sedayu Group – Indonesia
- Panorama Nha Trang by Nha Trang Bay JSC – Vietnam – WINNER
- Sky Oasis by yoo by Concordia Investment Properties Limited – Macau
- The Central by Marga Landmark – Myanmar
- Tropicana Residences by Tropicana Corporation Berhad – Malaysia
- Twin Peaks by K. Wah International Holdings Limited – Hong Kong
Best Housing Development (Asia)
- Aster 2 – Double Storey Semi-Detached House by UMLand Seri Austin – Malaysia
- Baan Sita Wan by Charn Issara Development PCL – Thailand – WINNER
- Belgravia Villas by Fairview Developments Pte Ltd (a unit of Tong Eng Group) – Singapore
- Evelyn Gardens Residential Neighbourhood, ParkCity Hanoi Township by Vietnam International Township Development JSC – Vietnam
- Grand Star Platinum by Borey Peng Huoth Group – Cambodia
- Green Valley by Home Lands Skyline (Pvt) Ltd – Sri Lanka
- Jakarta Garden City (Cluster River Garden) by PT. Modernland Realty Tbk – Indonesia
Best Mixed Use Development (Asia)
- 8 Forbes Town Road by Megaworld Corporation – Philippines
- 15 Middle Road by Henderson Land Development Co. Ltd. – Hong Kong – WINNER
- District 8 Mixed Use by Agung Sedayu Group – Indonesia
- MontAzure by MontAzure – Thailand
- One Galle Face by Shangri-La – Sri Lanka
- Tanjong Pagar Centre by GuocoLand – Singapore
- The Central by Marga Landmark – Myanmar
- Tropicana Metropark by Tropicana Corporation Berhad – Malaysia
Best Hotel Development (Asia)
- Courtyard by Marriott Phnom Penh by Khou Investment Co., Ltd – Cambodia
- Hilton Garden Inn by PT Supermal Karawaci – Indonesia
- Langham Hotel Jakarta by Agung Sedayu Group – Indonesia
- MGM COTAI by MGM China Holdings Limited – Macau – WINNER
- Sofitell Singapore City Centre by GuocoLand – Singapore
- Wynn Palace Cotai by Wynn Resorts, Limited
Best Office Development (Asia)
- Alliance Global Tower by Megaworld Corporation – Philippines
- District 8 Office Complex by Agung Sedayu Group – Indonesia
- FYI Center – For Your Inspiration Workplace by Golden Land Property Development PLC – Thailand
- GuocoTower by GuocoLand – Singapore – WINNER
- Proposed Show Room & Office Complex at No 288, Sri Jayawardanapura MW, Kotte, Rajagiriya, Sri Lanka by D. P. Jayasinghe Group of Companies
- The Vanguard by Phnom Penh City Center – Cambodia
Best Retail Development (Asia)
- Robinsons Galleria Cebu by Robinsons Land Corporation – Philippines – WINNER
- Tanjong Pagar Centre (Retail) by GuocoLand – Singapore
- The Central by Marga Landmark – Myanmar
- The Oxygen by CapitaLand Vietnam – Vietnam
Best Universal Design Development (Asia)
- 15 Middle Road by Henderson Land Development Co. Ltd – Hong Kong
- MGM COTAI by MGM China Holdings Limited – Macau – WINNER
- District 8 Mixed Use by Agung Sedayu Group – Indonesia
- Paya Lebar Quarter by Lendlease – Singapore
- St. Mortiz Private Estate by Megaworld Corporation – Philippines
- The Central by Marga Landmark – Myanmar
- The ZEN Residence (Gamuda Gardens) by Gamuda Land – Vietnam
Best Green Development (Asia)
- 15 Middle Road by Henderson Land Development Co. Ltd – Hong Kong
- ArthaLand Century Pacific Tower by ArthaLand – Philippines
- FYI Center – For Your Inspiration Workplace by Golden Land Property Development PLC – Thailand
- Seasons Avenue by CapitaLand Vietnam – Vietnam
- Sequis Tower by FARPOINT – Indonesia – WINNER
- Sky Oasis by yoo by Concordia Investment Properties Limited – Macau
- Tanjong Pagar Centre (Retail) by GuocoLand – Singapore
- Tropicana Gardens by Tropicana Corporation Berhad – Malaysia
DESIGN AWARDS (ASIA)
Best Condo Architectural Design (Asia)
- Achilleion by Blue Mountain – Sri Lanka
- Ashton Residence 41 by Ananda Development Public Company Limited – Thailand – WINNER
- BW Premier Collection BluPhere Pattaya by Habitat Group Co., Ltd. – Thailand
- COO Residence by Couture Homes Properties Limited – Hong Kong
- Gold Coast Sea View Apartment, developed by Agung Sedayu Group and designed by PT Ong and Ong – Indonesia
- Isola@KLCC by O&C Resources Berhad – Malaysia
- Langham Residence by Agung Sedayu Group – Indonesia
- One Uptown Residence by Megaworld Corporation – Philippines
- Panorama Nha Trang by Nha Trang Bay JSC – Vietnam
- Sky Oasis by yoo by Concordia Investment Properties Limited – Macau
- Spottiswoode Suites by Spottiswoode Development Pte Ltd (a JV between Lian Beng Group Ltd & Centurion Properties Pte Ltd) – Singapore
- Stars of Kovan by Property Enterprises Development (S) Pte Ltd – Singapore
- The Leaf Residence by IME Property Co., Ltd – Myanmar
- Wang Residence, developed by Citicon Propertindo and designed by PT Ong and Ong – Indonesia
Best Housing Architectural Design (Asia)
- Evelyn Gardens Residential Neighbourhood, ParkCity Hanoi Township by Vietnam International Township Development JSC – Vietnam – WINNER
- Issara Residence Rama 9 by Charn Issara Development PCL
- Residence90 by Phnom Penh City Center – Cambodia
Best Residential Interior Design (Asia)
- Capital TRUST Residencies – Vajira Road by Capital TRUST Residencies (Pvt) Ltd – Sri Lanka
- District 8 Apartment by Agung Sedayu Group – Indonesia
- Feliz en Vista by CapitaLand Vietnam – Vietnam
- Langham Residence by Aguing Sedayu Group – Indonesia
- Mandarin Residences by PT Bali Ragawisata – Indonesia
- Stars of Kovan by Property Enterprises Development (S) Pte Ltd – Singapore – WINNER
- The Leaf Residence by IME Property Co., Ltd – Myanmar
- The Sapphire Bloc by Robinsons Land Corporation – Philippines
- U Residence – Biz Lofts by PT Supermal Karawaci – Indonesia
Best Hotel Architectural Design (Asia)
- District 8 Oakwood Premier & Studios by Agung Sedayu Group – Indonesia
- Jetwing Surf, Pottuvil Point by Balmond Studio – Sri Lanka
- Hotel Mercure Pantai Indah Kapuk by Agung Sedayu Group – Indonesia
- MGM COTAI by MGM China Holdings Limited – Macau
- Novotel Singapore on Stevens, Mercure Singapore on Stevens by Oxley Holdings Limited – Singapore
- Wynn Palace Cotai by Wynn Resorts, Limited
Best Office Architectural Design (Asia)
- ArthaLand Century Pacific Tower by ArthaLand – Philippines
- Oxley Tower by Oxley Holdings Limited – Singapore
- Sequis Tower by FARPOINT – Indonesia
Best Retail Architectural Design (Asia)
- PIK Avenue by Agung Sedayu Group – Indonesia
- Stars of Kovan by Property Enterprises Development (S) Pte Ltd – Singapore
- The EDGE by Phnom Penh City Center – Cambodia
- The ParkCity Club Hanoi, ParkCity Hanoi Township by Vietnam International Townshop Development Joint Stock Company – Vietnam
- Uptown Mall by Megaworld Corporation
Best Landscape Architectural Design (Asia)
- Grand Star Platinum by Borey Peng Huoth Group – Cambodia
- High Park Residences by Fernvale Development Pte Ltd – Singapore
- Lavila by Kien A Corp – Vietnam
- Mandarin Residences by PT Bali Ragawisata – Indonesia
- Nova Serai Phù Sa by Novaland Group – Vietnam
- Paya Lebar Quarter by Lendlease – Singapore
- The Estate by Bon Estates Sdn Bhd – Malaysia
- The Florence by Megaworld Corporation – Philippines
- The ParkCity Club Hanoi, ParkCity Hanoi Township by Vietnam International Townshop Development Joint Stock Company – Vietnam
- Twin Peaks by K. Wah International Holdings Limited – Hong Kong
- Uptown Mall by Megaworld Corporation – Philippines
DOMESTIC WINNERS & HIGHLY COMMENDED
PropertyGuru Asia Property Awards (Macau) 2017
DEVELOPMENT AWARDS (MACAU)
Best Condo Development
WINNER: Sky Oasis by yoo by Concordia Investment Properties Limited
Best Integrated Hotel Resort Development
WINNER: MGM COTAI by MGM China Holdings Limited
Best Luxury Hotel Development
WINNER: Wynn Palace Cotai by Wynn Resorts, Limited
DESIGN AWARDS (MACAU)
Best Condo Architectural Design
WINNER: Sky Oasis by yoo by Concordia Investment Properties Limited
Best Contemporary Hotel Architectural Design
WINNER: MGM COTAI by MGM China Holdings Limited
Best Luxury Hotel Architectural Design
WINNER: Wynn Palace Cotai by Wynn Resorts, Limited
SPECIAL AWARDS (MACAU)
Best Green Development
WINNER: Sky Oasis by yoo by Concordia Investment Properties Limited
Best Universal Design Development
WINNER: MGM COTAI by MGM China Holdings Limited
HIGHLY COMMENDED: Sky Oasis by yoo by Concordia Investment Properties Limited
HIGHLY COMMENDED: Wynn Palace Cotai by Wynn Resorts, Limited
DOMESTIC WINNERS & HIGHLY COMMENDED
PropertyGuru Asia Property Awards (Hong Kong) 2017
DEVELOPMENT AWARDS (HONG KONG)
Best Condo Development
WINNER: Twin Peaks by K. Wah International Holdings Limited
HIGHLY COMMENDED: COO Residence by Couture Homes Properties Limited
Best Mixed Use Development
WINNER: 15 Middle Road by Henderson Land Development Co. Ltd.
DESIGN AWARDS (HONG KONG)
Best Condo Architectural Design
WINNER: COO Residence by Couture Homes Properties Limited
HIGHLY COMMENDED: Twin Peaks by K. Wah International Holdings Limited
Best Landscape Architectural Design
WINNER: Twin Peaks by K. Wah International Holdings Limited
HIGHLY COMMENDED: 15 Middle Road by Henderson Land Development Co. Ltd.
SPECIAL AWARDS (HONG KONG)
Best Green Development
WINNER: 15 Middle Road by Henderson Land Development Co. Ltd.
HIGHLY COMMENDED: Twin Peaks by K. Wah International Holdings Limited
Best Universal Design Development
WINNER: 15 Middle Road by Henderson Land Development Co. Ltd.
HIGHLY COMMENDED: Twin Peaks by K. Wah International Holdings Limited
DOMESTIC WINNERS & HIGHLY COMMENDED
PropertyGuru Asia Property Awards (Mongolia) 2017
DEVELOPER AWARDS (MONGOLIA)
Best Developer
WINNER: NCD Group
Best Boutique Developer
WINNER: Turelt LLC
DEVELOPMENT AWARDS (MONGOLIA)
Best Apartment Development
WINNER: Olympic Residence by Asia Pacific Investment Partners
HIGHLY COMMENDED: Parkview Residence by Jiguur Grand Group
Best Hotel Development
WINNER: Red Rock Resort and Conference Center by Undur Ulaan Travel LLC
SPECIAL AWARDS (MONGOLIA)
Special Recognition in CSR
WINNER: Jiguur Grand Group
Special Recognition in Sustainable Development
WINNER: NCD Group
DOMESTIC WINNERS & HIGHLY COMMENDED
PropertyGuru Asia Property Awards (Sri Lanka) 2017
DEVELOPER AWARD (SRI LANKA)
Best Developer
WINNER: Blue Ocean Group of Companies
DEVELOPMENT AWARDS (SRI LANKA)
Best Condo Development (Colombo)
WINNER: Capital TRUST Residencies – Vajira Road by Capital TRUST Residencies (Pvt) Ltd
HIGHLY COMMENDED: Treasure Trove Residencies by Home Lands Skyline (Pvt) Ltd
Best Residential Development (Greater Colombo)
WINNER: Green Valley by Home Lands Skyline (Pvt) Ltd
HIGHLY COMMENDED: Grand Capital Residencies – Thalawathugoda by Grand Capital Residencies
Best Office Development
WINNER: Proposed Show Room & Office Complex at No 288, Sri Jayawardanapura MW, Kotte, Rajagiriya, Sri Lanka by D. P. Jayasinghe Group of Companies
HIGHLY COMMENDED: Proposed Show Room & Office Complex at No 717, Baseline Road, Colombo 09, Sri Lanka by D. P. Jayasinghe Group of Companies
Best Mixed Use Development
WINNER: One Galle Face by Shangri-La
DESIGN AWARDS (SRI LANKA)
Best Condo Architectural Design
WINNER: Achilleion by Blue Mountain
HIGHLY COMMENDED: King Alfred Palace by Blue Ocean Group of Companies
Best Hotel Architectural Design
WINNER: Jetwing Surf, Pottuvil Point by Balmond Studio
Best Residential Interior Design
WINNER: Capital TRUST Residences – Vajira Road by Capital TRUST Residencies (Pvt) Ltd
HIGHLY COMMENDED: King Alfred Palace by Blue Ocean
Best Office Interior Design
WINNER: Huawei Technologies Lanka Company Pvt Ltd by Widac Commercial Interiors (Pvt) Ltd.
HIGHLY COMMENDED: Regus by Widac Commercial Interiors (Pvt) Ltd.
SPECIAL AWARDS (SRI LANKA)
Special Recognition in CSR
WINNER: Home Lands Skyline (Pvt) Ltd
Special Recognition in Sustainable Development
WINNER: Blue Ocean Group of Companies
BEST OF SRI LANKA AWARDS
Best Condo Development (Sri Lanka)
WINNER: Capital TRUST Residences – Vajira Road by Capital TRUST Residencies (Pvt) Ltd
Best Housing Development (Sri Lanka)
WINNER: Green Valley by Home Lands Skyline (Pvt) Ltd
For more information about the PropertyGuru Asia Property Awards, email info@asiapropertyawards.com or visit: AsiaPropertyAwards.com
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Next suggested article: PropertyGuru Asia Property Awards (Malaysia) 2017 – The winners
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