The 9th PropertyGuru Indonesia Property Awards call for outstanding real estate as market recovers

Indonesia, 18 April 2023

AWARDS CAN BE USED AS BENCHMARK FOR EXCELLENCE BY INDONESIAN CONSUMERS WITH PURCHASING POWER WHO SEEK REPUTABLE REAL ESTATE PRODUCTS

JAKARTA, Indonesia — The PropertyGuru Indonesia Property Awards return for their ninth edition in 2023 as the archipelago’s property market continues to tread the path of recovery.

The 9th Annual PropertyGuru Indonesia Property Awards 2023, presented by Kohler, are calling on property developers and design practices to submit entries for a chance to win hallmarks of excellence as the Gold Standard of real estate.

Submissions are accepted online until 7 July 2023 via: asiapropertyawards.com/nominations

The prestigious awards programme seeks to recognise Indonesia’s finest real estate as the property market indicates positive trends following the easing of pandemic restrictions. Searches for residential properties priced above IDR1 billion continue to increase, signifying that consumer purchasing power is still maintained, according to the Indonesia Property Market Report Q1 2023 released by Rumah.com, the official portal partner of the Awards.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We are excited to be once again searching for the finest real estate companies and developments in Indonesia, a cornerstone of the PropertyGuru Asia Property Awards series. We have seen the property market in Indonesia diversify extensively in the eight years we have held the gala celebration here. We are proud to have recognised the Indonesian real estate sector’s towering achievements, which include some of the region’s tallest buildings as well as praiseworthy industrial developments and logistics hubs. We can’t wait to see what Indonesia creates next.”

Vivin Harsanto, chairperson of the PropertyGuru Indonesia Property Awards, and senior director and head of advisory at JLL Indonesia, said: “Indonesia’s property market remains resilient, and the lifting of social restrictions has further fueled an uptick in market activity. This is propelled by positive demand for landed homes from end users and a healthy appetite for modern warehouses from third-party logistics and FMCG. The real estate industry is also benefiting from expanding toll road networks and transport infrastructure projects. Against this positive backdrop, we are very excited to open the 9th edition of the PropertyGuru Indonesia Property Awards this year to worthy competitors all over the archipelago. We are seeing property seekers in Indonesia become more knowledgeable in choosing products, and projects with reputable, award-winning developers tend to be on their shortlist.”

The exclusive 2023 gala dinner and ceremony of the PropertyGuru Indonesia Property Awards will be held at The Ritz-Carlton Jakarta, Pacific Place, the official venue of the Awards, on Friday, 15 September.

Key dates for the 2023 edition:
7 July 2023 – Entries Close
31 July – 18 August 2023 – Site Inspections
23 August 2023 – Final Judging
15 September 2023 – Gala Dinner and Awards Ceremony in Jakarta, Indonesia
8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand

Nominations from the public are also encouraged to be submitted before 7 July 2023: asiapropertyawards.com/nominations

An independent panel of judges, led by Harsanto and composed of experts in fields ranging from real estate consultancy to design, will rigorously inspect and deliberate over eligible entries to the Awards.

HLB, the global network of independent advisory and accounting firms, upholds the fairness, credibility, and integrity of the selection process. As the official supervisor of the Awards, HLB makes full use of a professionally run, fully transparent judging system.

Main country winners of the PropertyGuru Indonesia Property Awards will qualify to compete with the region’s best at the 18th PropertyGuru Asia Property Awards Grand Final 2023 on 8 December in Bangkok, Thailand.

Developers from Indonesia represented the nation successfully last year at the 17th PropertyGuru Asia Property Awards Grand Final. The Best Township Development (Asia) award went to Kota Baru Parahyangan by PT. Belaputera Intiland while the Best Township Masterplan Design (Asia) award went to PIK2 Sedayu Indo City by Agung Sedayu Group & Salim Group.

Autograph Tower at Thamrin Nine Complex by PT Putragaya Wahana, a member of Galeon Group, won Best Office Development (Asia) while LRT City Jatibening by KSO PT Adhi Commuter Properti Tbk. & PT Urban Jakarta Propertindo Tbk won Best Connectivity Condo Development (Asia). Metland Cibitung by PT Fajarputera Dinasti, a subsidiary of PT Metropolitan Land Tbk., won Best Connectivity Housing/Landed Development (Asia) while LOGOS Cikarang Logistics Park by LOGOS Indonesia was named Best Green Industrial Development (Asia).

Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre 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, China, Greater Niseko in Japan, and India.

Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 9th PropertyGuru Indonesia Property Awards are supported by platinum sponsor Kohler; official venue The Ritz-Carlton Jakarta, Pacific Place; official portal partner Rumah.com; official magazine Property Report by PropertyGuru; official publicity partner Publicom Communications; media partners Detik Finance and Kompas; and official supervisor HLB.

For more information, email [email protected] or visit the official website: AsiaPropertyAwards.com.

 

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NOTE: Use of the PropertyGuru Asia Property Awards logo is limited to the publication of this article only.

 

PROPERTYGURU CONTACTS:

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Nate Dacua, Media Relations & Marketing Services Manager
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Kanittha Srithongsuk, Regional Manager, Awards Sponsorship
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ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent. 

In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 41 million property seekers2 to connect with more than 63,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 3.2 million real estate listings5, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio of leading property marketplaces across its core markets; award-winning mobile apps; mortgage marketplace, PropertyGuru Finance; and a host of enterprise solutions now under PropertyGuru For Business, including a high-quality developer sales enablement platform, FastKey, DataSense, ValueNet, Awards, events and publications across Asia.  

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between July 2022 and December 2022.

2 Based on Google Analytics data between July 2022 and December 2022.

3 Based on data between July 2022 and December 2022

4 Based on SimilarWeb data between July 2022 and December 2022.

5 Based on data between July 2022 and December 2022.

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