Celebrating Excellence in Philippine Real Estate: The 2024 PropertyGuru Philippines Property Awards
The Philippine real estate landscape is poised for a grand celebration as the 12th Annual PropertyGuru Philippines Property Awards gears up to showcase the finest developments across the archipelago. Set to take place on September 6, 2024, at the luxurious Shangri-La The Fort in Manila, this prestigious event will honor the best in real estate from Luzon, Visayas, and Mindanao. With submissions now open until June 14, 2024, the awards promise to highlight the remarkable achievements of developers and design leaders in the country.
A Platform for Recognition and Excellence
The PropertyGuru Philippines Property Awards, presented by Kohler and supported by Boysen Paints and Dongpeng Ceramic, has been a beacon of excellence since its inception in 2013. Over the years, the awards have diversified to recognize outstanding companies and projects in burgeoning cities and investment hubs, including Cebu, Davao, Batangas, Bacolod, and Iloilo. This year’s edition continues that tradition, setting the gold standard for real estate across various categories that reflect the dynamic property markets in the Philippines.
Key Dates to Remember
The timeline for the 2024 awards has been meticulously outlined, ensuring a smooth process for participants:
- June 14, 2024: Entries close
- July 1 – August 9, 2024: Site inspections
- August 12, 2024: Final judging
- September 6, 2024: Gala dinner and awards ceremony in Manila
- December 13, 2024: Regional Grand Final Gala Presentation in Bangkok, Thailand
These dates mark significant milestones in the journey towards recognizing the best in Philippine real estate.
Emphasizing Diversification and Decentralization
The 2024 awards will not only celebrate architectural brilliance and innovative designs but will also focus on the impact of environmental, social, and corporate governance (ESG) in real estate. The diversification of award categories reflects the growing importance of key growth areas outside Metro Manila, which are increasingly attracting foreign investments and infrastructure projects. This trend is crucial as it stimulates development and enhances property values across the country.
Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events, emphasized the importance of showcasing excellence in real estate nationwide. He stated, “Our goal is to highlight market development and diversity across multiple destinations, especially in growth areas beyond the capital such as Cebu.” This commitment to inclusivity and representation is vital in recognizing the evolving landscape of Philippine real estate.
Professionalism and Transparency in Judging
The judging process for the PropertyGuru Philippines Property Awards is characterized by professionalism and transparency. An independent panel of judges, comprising experts from various segments of the property sector, oversees the selection process. HLB, a global network of independent advisory and accounting firms, supervises the entire process, ensuring that the selection of shortlisted nominees and winners is fair and credible.
Cyndy Tan Jarabata, Chairperson of the independent panel of judges, highlighted the awards’ commitment to inclusivity and representation. She noted that the awards have played a significant role in influencing developers to decentralize urban and property development, particularly in the wake of the pandemic. The growing preference for open, green spaces and leisure-oriented destinations has further accelerated this trend.
Celebrating Provincial Markets
The awards also shine a spotlight on the achievements of developers from provincial markets. Notable winners from the 2023 awards, such as Aboitiz InfraCapital Economic Estates and Cebu Landmasters, Inc., have made significant strides in their respective fields. Aboitiz InfraCapital was recognized as the Best Industrial Developer (Asia) and won multiple awards for its West Cebu Estate, while Cebu Landmasters garnered accolades for its innovative housing developments across the Visayas and Mindanao regions.
Jose R. Soberano III, Chairman and CEO of Cebu Landmasters, expressed pride in the recognition received over the years, stating that it reflects the company’s commitment to sustainable development and meeting the evolving preferences of stakeholders. The company aims to continue developing quality homes and sustainable communities as the Philippine economy recovers.
A Regional Celebration of Real Estate
The PropertyGuru Philippines Property Awards are part of the broader PropertyGuru Asia Property Awards series, which spans key markets across Southeast Asia, East Asia, South Asia, and Oceania. This regional celebration of real estate excellence culminates in the PropertyGuru Asia Property Awards Grand Final, where top winners from the Philippines will compete against their peers across the Asia Pacific.
With the support of platinum sponsor Kohler, gold sponsor Boysen Paints, silver sponsor Dongpeng Ceramic, and various media partners, the 2024 PropertyGuru Philippines Property Awards promises to be a landmark event in the real estate calendar.
Conclusion
As the Philippine real estate sector continues to evolve, the PropertyGuru Philippines Property Awards stand as a testament to the industry’s resilience, innovation, and commitment to excellence. With a focus on diversification, decentralization, and sustainability, the awards not only celebrate the achievements of developers but also inspire future growth and development across the archipelago. As the countdown to the gala dinner begins, anticipation builds for a night that will honor the finest in Philippine real estate and set the stage for the future of the industry. For more information and to submit nominations, visit AsiaPropertyAwards.com.