Celebrating a Decade of Real Estate Excellence: The 10th PropertyGuru Vietnam Property Awards
In November 2024, Ho Chi Minh City will play host to a momentous occasion in the real estate sector—the 10th PropertyGuru Vietnam Property Awards. This prestigious event will take place at the Gem Center on Friday, November 15, marking a decade of recognizing excellence in one of Southeast Asia’s most dynamic property markets. As the awards open for entries, the anticipation builds for a gala celebration that promises to honor the best in the industry.
A Landmark Celebration
The PropertyGuru Vietnam Property Awards, presented by Kohler and supported by Dulux Professional, Hafele, and V-ZUG SEA, have become synonymous with quality and innovation in real estate. The awards not only celebrate outstanding developments but also highlight the resilience and growth of the Vietnamese property market. The official launch of the 2024 edition took place at the Renaissance Riverside Hotel Saigon, setting the stage for a year of recognition and celebration.
Key Dates and Submission Details
For those eager to participate, the submission window is now open, with entries accepted online until August 23, 2024. The timeline leading up to the gala includes crucial dates for site inspections and final judging, ensuring a thorough evaluation process. Here’s a quick overview of the key dates:
- August 23, 2024: Entries close
- September 9 – October 3, 2024: Site Inspections
- October 4, 2024: Final Judging
- November 15, 2024: Gala Dinner and Awards Ceremony
- December 13, 2024: Regional Grand Final Gala Presentation in Bangkok, Thailand
Market Outlook: A Period of Growth
The Vietnamese real estate market is poised for growth, buoyed by improved policies, increased access to capital, and a positive sentiment among stakeholders. According to Batdongsan.com.vn, the official portal partner of the awards, the adjustments in interest rates and the regulated credit market are expected to attract more foreign investment, driving capital into the property sector.
New legislative measures, including updates to Land Laws, Housing Laws, and Real Estate Business Laws, are anticipated to create a more regulated environment. These changes will not only elevate the standards for development but also professionalize the real estate workforce, fostering a culture of excellence.
Signs of Recovery
Recent trends indicate a positive recovery in the market, with notable increases in condominium selling and rental prices, particularly in urban centers like Hanoi. Real estate agents are reporting a surge in transactions, and the Demand Index for land has stabilized after a prolonged decline. This resurgence is a promising sign for the industry, as it reflects a renewed confidence among consumers and investors alike.
Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events, expressed optimism about the upcoming awards, stating, “With promising trends emerging in the Vietnam real estate market, we are pleased to once again invite stakeholders to join us for the PropertyGuru Asia Property Awards in 2024.”
New Categories and Accolades
In a bid to recognize a broader spectrum of achievements, the 2024 awards will introduce new categories, including accolades for investment properties, nature-integrated developments, and sales galleries. Additionally, developers excelling in sustainable practices will have the opportunity to compete for the newly established ESG awards, underscoring the importance of environmental, social, and governance criteria in today’s real estate landscape.
The selection process for the awards remains rigorous and transparent, overseen by an independent panel of judges comprising industry experts. HLB, a global network of independent advisory and accounting firms, ensures the integrity of the selection process through meticulous deliberations and site inspections.
Empowering Excellence in Real Estate
Thien Duong, Chairperson of the independent judging panel and General Director of GroupGSA Vietnam, emphasized the significance of the PropertyGuru Vietnam Property Awards in fostering collaboration and innovation within the industry. “By raising the standard for excellence in Vietnamese real estate, the PropertyGuru Asia Property Awards inspire developers and design firms to innovate and continually redefine what it means to be the best in their fields,” he stated.
A Partnership for Progress
The 10th PropertyGuru Vietnam Property Awards are presented by Kohler, a global leader in kitchen and bath products. Kohler’s commitment to innovation and quality aligns seamlessly with the awards’ mission to celebrate outstanding projects in the real estate sector. Ishan Kala, Kohler General Manager for Vietnam & Philippines, expressed enthusiasm for the partnership, highlighting the importance of providing a platform for developers and designers to showcase their work on an international stage.
Honoring the Best in Asia
Winners from the PropertyGuru Vietnam Property Awards will have the opportunity to compete at the regional level in Bangkok, where they can earn the title of “Best in Asia.” The 2023 Grand Final saw notable winners like SonKim Land Corporation and ParkCity Group, further establishing Vietnam’s reputation in the regional real estate landscape.
Conclusion
As the PropertyGuru Vietnam Property Awards prepare to celebrate a decade of excellence, the event stands as a testament to the growth and resilience of the Vietnamese real estate market. With new categories, enhanced regulations, and a commitment to sustainability, the awards not only honor past achievements but also pave the way for a brighter future in real estate. For more information on submissions and participation, interested parties can visit AsiaPropertyAwards.com.
The countdown to November 15, 2024, has begun, and the excitement is palpable as the industry gears up for a grand celebration of innovation, quality, and excellence in real estate.