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Tuesday, April 16, 2024

Keyed up real estate market awaits 11th canto of PropertyGuru Philippines

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After celebrating its milestone 10th edition in 2022, the PropertyGuru Philippines Property Awards returns in 2023, on the heels of a resurgent period of economic growth.

The 11th Annual PropertyGuru Philippines Property Awards 2023, presented by Kohler and supported by Boysen Paints, is accepting for submissions to the open categories of the program. Submissions can be sent to:  asiapropertyawards.com/nominations

Driven in part by increased consumer spending, the resurgence of domestic tourism, and a boost in the activity of small and large enterprises, the Philippines last year recorded its fastest rate of economic growth since 1976.

Positive signal

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Philippines remains a strong, innovative property market and a key contender in the PropertyGuru Asia Property Awards regional series. We’re excited for what’s next from the Philippines as developers move ahead with highly anticipated projects across Luzon, Visayas, and Mindanao.”

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Richard Raymundo, managing director of Colliers Philippines and a member of the independent judging panel of the Awards in the Philippines, said: “This is a positive signal for the property market which, over the past decades, mirrored the boom-bust cycle of the country’s economic output. This economic expansion should support positive net take-up of office space in 2023 and continued rebound in Metro Manila’s pre-selling and secondary residential markets.”

Last week, Kay led a media event at the Fairmont Makati hotel launching the 2023 edition of the Awards in the Philippines. Joining him at the media launch were: Cyndy Tan Jarabata, chairperson of the judges of the Awards in the Philippines and president of TAJARA Leisure & Hospitality Group Inc.; Lloyd T. Tan, partner with Diaz Murillo Dalupan and Company – HLB Philippines, the Official Supervisor of the Awards; Junefer Llena, head of project sales for Kohler Kitchen and Bath Philippines, the platinum sponsor of the Awards; and John Richard Sotelo, senior vice-president and general manager of RLC Residences, representing the Best Developer titleholder of the 10th PropertyGuru Philippines Property Awards 2022.

The black-tie gala celebration of the awards program will take place at the main ballroom of the Fairmont Makati hotel on September 29.

Key dates for the 2023 edition:

14 July­—Entries Close

7 August—1 September – Site Inspections

6 September—Final Judging

29 September—Gala Dinner and Awards Ceremony in Manila, Philippines

8 December—Regional Grand Final Gala Presentation in Bangkok, Thailand

Nominations and entries are being accepted online until 14 July:  asiapropertyawards.com/nominations

Raising the bar

Robinsons Land garnered nine winning titles at the 10th edition of the PropertyGuru Philippines Property Awards in 2022. It marked Robinsons Land’s first win as Best Developer, the most prestigious title of the the Awards. 

Developers from the Philippines went on to garner seven ‘Best in Asia’ wins at the 17th PropertyGuru Asia Property Awards Grand Final 2022. This year, main country winners of the Awards in the Philippines also qualify to compete for regional honours at the 18th PropertyGuru Asia Property Awards Grand Final 2023 on December 8 in Bangkok, Thailand.

Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-caliber work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices. The series has expanded over the years to cover the region’s dynamic property markets, including Australia, the Chinese markets, Greater Niseko in Japan, and India.

Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 11th PropertyGuru Philippines Property Awards are supported by platinum sponsor Kohler; gold sponsor Boysen Paints; official magazine Property Report by PropertyGuru; official publicity partner Ripple8; and official supervisor HLB.

For more information, email  awards@propertyguru.com  or visit the official website: AsiaPropertyAwards.com.

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