OCIC Group Honoured for High-Calibre, Sustainable Projects at the 9th PropertyGuru Cambodia Property Awards
PHNOM PENH, Cambodia — The 9th PropertyGuru Cambodia Property Awards, supported by CBRE Cambodia, recently took place, celebrating the pinnacle of excellence in the kingdom’s real estate sector. This prestigious event recognized a select group of companies that are not only shaping the landscape of Cambodian real estate but also setting new standards in sustainability and design.
A Night of Recognition
The awards ceremony was held at The Athenee Hotel, a Luxury Collection Hotel in Bangkok, where winners were presented with golden statuettes, symbolizing their outstanding achievements. The event brought together industry leaders, developers, and real estate enthusiasts, all eager to witness the recognition of innovation and excellence in the Cambodian property market.
OCIC Group: A Leader in Sustainability
Among the standout achievers of the night, OCIC Group emerged as a significant force, receiving the inaugural Sustainable Design Award for their project Connexion. This accolade highlights the company’s commitment to Environmental, Social, and Governance (ESG) principles, showcasing how sustainable practices can be integrated into real estate development. Additionally, OCIC Group was awarded Best Township Development for Koh Pich City, further solidifying its reputation as a leader in the Cambodian real estate sector.
Celebrating Design Excellence
In the design categories, two companies showcased remarkable talent and creativity. V.I Land Investment Co., Ltd. won the award for Best Housing Architectural Design (Greater Phnom Penh) for their project Vong Residence. This recognition underscores the importance of innovative architectural solutions in enhancing the living experience in urban environments.
Meanwhile, LP Residences Co., Ltd. clinched the award for Best Housing Interior Design for their project Palm Springs. This accolade reflects the company’s dedication to creating aesthetically pleasing and functional living spaces that resonate with modern lifestyles.
Insights from Industry Leaders
Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events, emphasized the significance of the awards in highlighting the impressive achievements within Khmer real estate. He stated, “The PropertyGuru Cambodia Property Awards continually highlight the most impressive achievements in Khmer real estate, and 2024 is no exception. From sustainable innovations to architectural excellence, this year’s winners are poised to set new benchmarks for the industry and inspire the next generation of developers.”
Sorn Seap, Chairperson of the Awards in Cambodia, echoed this sentiment, noting that this year’s winners exemplify a dedication to quality and sustainability. He remarked, “These developments and designs demonstrate the resilience of Cambodia’s real estate sector as it continues to turn challenges into opportunities.”
The Judging Process: Fairness and Integrity
The selection process for the awards was overseen by an independent panel of judges, including prominent figures such as Sorn Seap, President of the Cambodian Valuers and Estate Agents Association (CVEA), and other industry experts. The fairness, transparency, and integrity of the judging process were supervised by Paul Ashburn, Co-Managing Partner of HLB Thailand, ensuring that the awards maintain their credibility and prestige.
A Collaborative Effort
The 9th PropertyGuru Cambodia Property Awards were organized by PropertyGuru Group (NYSE:PGRU) and supported by various partners, including gold sponsor CBRE Cambodia and official magazine Property Report by PropertyGuru. The event also received backing from media partners and supporting associations, showcasing a collaborative effort to promote excellence in the Cambodian real estate sector.
Complete List of Winners
ESG Developer Award
Sustainable Design Award: Connexion by OCIC Group
Development Awards
Best Township Development: Koh Pich City by OCIC Group
Design Awards
Best Housing Architectural Design (Greater Phnom Penh): Vong Residence by V.I Land Investment Co., Ltd.
Highly Commended: Palm Springs by LP Residences Co., Ltd.
Best Housing Interior Design: Palm Springs by LP Residences Co., Ltd.
Conclusion
The 9th PropertyGuru Cambodia Property Awards not only celebrated the achievements of leading companies but also highlighted the importance of sustainability and design excellence in the real estate sector. As Cambodia continues to evolve, these awards serve as a beacon of inspiration for developers and stakeholders, encouraging them to innovate and strive for excellence in their projects. For more information about the awards and the winners, visit the official website at asiapropertyawards.com.