Celebrating Excellence in Real Estate: The 19th Annual PropertyGuru Asia Property Awards Grand Final

BANGKOK, Thailand — The vibrant city of Bangkok recently played host to the 19th Annual PropertyGuru Asia Property Awards Grand Final, a prestigious event that brought together over 130 leading developers and design practices from across Asia. Supported by V-ZUG Thailand, this grand finale showcased the region’s finest real estate achievements, elevating the accomplishments of award-winning finalists onto an international stage.

A Night of Recognition

Held at The Athenee Hotel, a Luxury Collection Hotel, the event celebrated the culmination of the 2024 PropertyGuru Asia Property Awards series. This year’s awards recognized outstanding contributions to the real estate sector, with Zhuhai Huafa Properties Co., Ltd. being honored as the Best Developer in Asia—a significant milestone for the company.

The awards highlighted the impressive achievements of developers from various countries, particularly Mainland China, which secured five wins. Notable winners included Lead8 for its projects MixC Changchun and K11 Shanghai, and Jiang & Associates Creative Design for the ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK.

Regional Highlights

Mainland China and Hong Kong

Mainland China’s success was mirrored by developers from Hong Kong and Macau, who collectively earned four titles. Noteworthy winners included China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited for their project PANO HARBOUR, alongside Lek Hang Group for Hotel Central Macau.

The Philippines: A Leader in Accolades

The Philippines emerged as the most awarded market, garnering an impressive 12 accolades. Federal Land, Inc. was recognized as the Best Luxury Developer (Asia), while Federal Land NRE Global, Inc. received the Best Breakthrough Developer (Asia) title. Other notable winners included Aboitiz InfraCapital Economic Estates, which was honored as the Best Industrial Developer (Asia).

Malaysia’s Triumph

Malaysia also made a strong showing with 11 wins, featuring developers like Bangsar Heights Pavilion for Quayside JBCC and Berinda Group for Ponderosa Callista. This diverse representation underscores the dynamic nature of the Malaysian real estate market.

Indonesia and Singapore: Consistent Performers

Indonesia celebrated eight wins, led by Paramount Land, which was awarded Best Township Developer (Asia). Sinar Mas Land also received multiple accolades for its projects, including BSD City. Singapore continued its winning streak with eight awards, with UOL Group Limited recognized as both Best Sustainable Developer (Asia) and Best Hospitality Developer (Asia).

Emerging Markets and New Faces

The awards also recognized emerging markets, with Saudi Arabia making its debut at the Grand Final. Oud Real-Estate Development Company was awarded Best Mixed Use Developer (Asia), marking a significant achievement for the region.

Honoring Industry Legends

The event was not just about recognizing companies; it also celebrated individuals who have made significant contributions to the industry. Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings, received the PropertyGuru Icon Award, a testament to his enduring legacy in real estate.

A Commitment to Sustainability

Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, emphasized the importance of sustainability in the industry. He stated, “PropertyGuru’s commitment to a sustainable future in Asia is truly reflected in this year’s award winners.” This sentiment was echoed by Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, who highlighted the series’ focus on excellence in ESG (Environmental, Social, and Governance) practices.

The Selection Process

The winners were chosen by an independent panel of judges from various participating markets, ensuring a fair and transparent selection process. The integrity of the awards was further upheld by HLB, recognized as the “2024 Network of the Year” for its role in overseeing the selection process.

Conclusion: A Bright Future Ahead

As the 19th PropertyGuru Asia Property Awards Grand Final concluded, it became clear that the future of real estate in Asia is bright. The event not only celebrated the achievements of developers and design practices but also inspired innovation that benefits property seekers, agents, and investors alike. With a commitment to sustainability and excellence, the region is poised to continue redefining the landscape of real estate development.

For more information about the awards and a complete list of winners, visit the official website: AsiaPropertyAwards.com.