New recognition announced for outstanding township, alternative housing, and mid-end and affordable condo developments
· Independent judging panel elects new chair Dr Jaime V. Cura of RGV Group of Companies
· Sixth annual gala dinner and awards ceremony set for 27 April 2018 at the Fairmont Makati
The annual PropertyGuru Philippines Property Awards, the archipelago’s biggest and most prestigious real estate awards program, have officially launched its sixth edition for 2018 via a well-attended press briefing held last Thursday (3 August 2017) at the New World Makati Hotel.
In a vote held a day before the launch, the independent panel of judges approved to make changes and further diversify the categories of the awards system to acknowledge the emerging market conditions.
“This is to recognize the continuing emergence of innovations in design, production, and marketing among Philippine developers. To us, this is proof of their sensitivity to local market conditions and their courage to try new strategies and new products outside of the tried and tested,” said Dr. Jaime V. Cura, vice chairman of RGV Group of Companies, who has been elected as the new chairman of the judging panel as Lindsay J. Orr ends his two-year term as head judge.
For the Awards’ sixth edition, recognition will be presented for Best Township Development and Best Township Design, where the judges will be looking for the project’s smart city principles, sustainable design and carbon-emission management system, among others, as the popularity of and demand for such integrated community developments in and outside the capital rises.
Adding to the two township categories, there will be accolades for: Best Alternative Housing Development, to recognize owner-managed housing projects intended for transient workers, students and the elderly; Best Mid End Condo Development (Metro Manila); and Best Affordable Condo Development (Cebu).
“For more than half a decade, the annual Philippine Property Awards has recognized outstanding examples of world-class property development across the country. Every year, the number grows,” said Cura. “We feel that we should recognize and encourage such innovations and sensitivity to market conditions to prove that the Philippine property market continues to be a standout in this part of the world.”
In the previous edition of the Awards, the judging panel also introduced several categories reflecting the growth of the domestic market, such as Best BPO Office Development, Best Mixed Use Development, and Best Universal Design Development. These categories remain for the 2018 edition after being well received by local developers.
Nominations are now open for the public until 16 February 2018. Eligible entries for the Developer, Development and Design completion categories will be accepted until 23 February, with the final shortlist of nominees announced on 28 March 2018.
Shortlisted nominees will be honored as Winners or given Highly Commended distinction at the sixth annual gala dinner and awards ceremony of the PropertyGuru Philippines Property Awards, set on Friday, 27 April 2018, at the Fairmont Makati ballroom.
The black-tie gala will celebrate the successes of the Philippine real estate sector with 300 of the country’s key senior industry figures from Luzon, Visayas and Mindanao gathering under one roof.
Hari V. Krishnan, CEO of PropertyGuru Group, said: “We’re excited to see what’s next for the fast-growing Philippine real estate sector. The annual Philippines Property Awards program grows bigger each year – this event is a validation of the developers' achievements and a celebration of their successes as determined by their peers.”
The Philippine real estate industry has greatly evolved over the last few years, with quality projects being launched not just in Metro Manila but also in key provincial cities like Metro Cebu, Metro Davao and even Iloilo and Tagaytay, where previous awardees have hailed.
As noted by the panel of judges, the property industry has remained one of the drivers of the Philippine economy, where the GDP rate is among the highest in the ASEAN region. The adoption of new technologies, including green technology, in the design and construction of structures, as well as global practices in real estate marketing, have also contributed to the rapid growth and evolution of the local real estate service sector.
“The Philippines Property Awards is the benchmark of excellence for the sector. It continues to lead in recognising innovation and emerging asset classes for the benefit of consumers,” said Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards.
“With the addition of new categories to make the awards programme more inclusive, the Philippines Property Awards upholds its reputation of fairness and transparency for all, to celebrate the achievements of the country’s dynamic real estate industry.”
The annual PropertyGuru Philippines Property Awards 2018 is supported by media partners Oxford Business Group and PropertyGuru Property Report; supporting associations European Chamber of Commerce of the Philippines and British Chamber of Commerce Philippines; and official supervisor BDO, the world’s fifth largest auditing and accountancy firm, represented by co-managing partner Paul Ashburn.
Previous VVIP guests who have attended the exclusive gala dinner include Department of Tourism Wanda Corazon T. Teo, former Senator Franklin Drilon, and former presidential candidate Manny Villar, who accepted the 2015 Philippine Real Estate Personality of the Year special award. A new Real Estate Personality winner, as chosen by the editors of PropertyGuru Property Report, will be revealed before the 2018 gala dinner.
For more information about the PropertyGuru Philippines Property Awards, email sent to: info@asiapropertyawards.com or visit the official website: AsiaPropertyAwards.com/
Note: Use of the PropertyGuru Philippines Property Awards logo is limited to the publication of this article only.
About PropertyGuru Philippines Property Awards:
Returning for a sixth successful edition on 27 April 2018 at the Fairmont Makati, the annual PropertyGuru Philippines Property Awards is part of the regional Asia Property Awards programme established in 2005. With a professionally run awards system supervised by BDO, the world’s fifth largest auditing and accountancy firm, the Philippines Property Awards is the biggest and most credible industry awards in the archipelago, with the top and emerging names in real estate celebrating the best developers, projects and design in Mega Manila, Cebu, Davao and emerging resort destinations.
About PropertyGuru Asia Property Awards:
The PropertyGuru Asia Property Awards, the region’s biggest and most prestigious real estate awards series, is recognised as the ultimate hallmark of industry excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards has an unparalleled reputation for being credible, fair and transparent.
Established in Thailand in 2005 to ‘recognise the region’s finest in real estate’, the Awards acknowledge, reward and celebrate the extraordinary achievements of developers and developments at a domestic and regional level. The Awards is a milestone event in the real estate industry calendar and is attended by key decision makers as well as esteemed trade and consumer media. Annually, the Awards covers 17 key markets in the Asian continent via a series of domestic gala ceremonies, hosting up to 600 senior industry figures, to recognise excellence within each Asian market, culminating in a Grand Final at the end of the year.
In 2017, the PropertyGuru Asia Property Awards celebrates its 12th anniversary, and features nine domestic gala ceremonies in eight countries: Cambodia, the Philippines, Vietnam, Myanmar, Malaysia, Thailand, Indonesia and Singapore. The Awards series has also been expanded this year to include categories for Mainland China, Hong Kong, Macau, Mongolia, Laos, India, Sri Lanka, the Maldives and South Korea.
Domestic winners from these 17 markets will then advance to the final round and compete for regional awards. The regional winners will be announced on the night of the PropertyGuru Asia Property Awards Grand Final to be held in Singapore on 8 November 2017.
About PropertyGuru Group:
PropertyGuru Group is Asia’s foremost online property company. Voted by consumers in 2016 as ‘Asia’s Most Influential Brand for Online Property Search’, PropertyGuru helps over 16 million people find their dream home – every month.
Headquartered in Singapore, PropertyGuru.com.sg was launched in 2007 by two entrepreneurs. They had a vision to simplify the property search process and help renters, buyers, sellers and investors make confident property decisions – faster.
Today, it has grown from being a media company to a high-growth technology company. Beyond operating a suite of No.1 property portals and award-winning mobile apps, the Group also manages a host of industry-leading property offerings such as publications, events, awards and a project marketing technology platform – across eight countries in Asia.
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