Australia’s finest real estate honoured on the international stage at the 5th PropertyGuru Asia Property Awards (Australia)

 LUXURIOUS, MULTIGENERATIONAL PROPERTIES TAKE CENTRE STAGE DURING A DAY OF CELEBRATION AT THE PRESTIGIOUS HONOURS

  • Top award for Best Developer (Australia) goes to Auriton Group while SPG Land garners seven wins
  • Wide variety of projects from Victoria to South Australia honoured, including well-developed, well-designed homes for seniors and international students
  • William Wu, director of Mayrin Group, wins inaugural Australia Real Estate Personality of the Year award
  • Winners from Australia garner ‘Best of Asia’ honours at the 17th PropertyGuru Asia Property Awards Grand Final

BANGKOK, Thailand — 9 December 2022

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today announced the Winners and Highly Commended recipients of the 5th Annual PropertyGuru Asia Property Awards (Australia).

The Awards in Australia were presented in 28 categories, recognising developers and projects that appealed to property seekers of various age and income groups throughout Asia Pacific.

Auriton Group became the first winner of the Best Developer title in the history of the PropertyGuru Asia Property Awards (Australia). The company also received Highly Commended citations for its waterfront apartment project Rivea.

Other companies that excelled in the Developer categories were Salvo Property Group, named Best Residential Developer, and Spacious Group, which won both the Best Boutique Developer title and the Best Low Rise Apartment Development (Victoria) award for its project Voyage Altona.

SPG Land won all seven of its nominations—the most of any company this year. The company’s Gold Coast development, Paradiso Place, was named Best Apartment Development (Queensland), Best Integrated WFH Development, Best Waterfront Apartment Development, Best Smart Building Development, Best Lifestyle Development, Best Apartment Interior Design, and Best Apartment Architectural Design.

The prestigious honour of Best Condo/Apartment Development (Australia) went to Forbes Residences, Applecross by Mustera Property Group Ltd in one of three wins for the company. Mayrin Group gained four wins, including the honour of Best Housing Development (Australia) for The Archwood Residences.

William Wu, director of Mayrin Group, became the first recipient of the Australia Real Estate Personality of the Year award. The editors of Property Report by PropertyGuru, the official magazine of the Awards, chose Wu to receive the inaugural honour for his precocious achievements as a property investor, having acquired lucrative properties and developed apartments across Australia.

This year’s Awards in Australia honoured homes that catered to the country’s diverse demographics. Scape Australia won the Best Student Accommodation Development award for Scape Redfern while Mark Moran Group won Best Senior Living Development for Mark Moran Warrawee.

The new title of Best Apartment Development (South Australia) was awarded to Greaton Development Pty Ltd. for West Franklin. Well-developed, beautifully designed projects in New South Wales, Victoria, Queensland, and Western Australia were also accoladed, including Heyington by Sterling Global which won Best Luxury Apartment Development (Victoria).

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “Congratulations to the recipients of our Awards in Australia! Our Awards have expanded to represent more states in Australia and recognise developments that appeal to more generations, spanning a wide range of property seekers from investors to international students.”

The 2022 edition of the PropertyGuru Asia Property Awards (Australia) were presented in an exclusive luncheon and presentation ahead of the 17th Annual PropertyGuru Asia Property Awards Grand Final on 9 December at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Top winners of the Awards in Australia vied for the ‘Best in Asia’ honours at the Grand Final, which celebrated the best of the best real estate in dynamic markets across Asia Pacific. Spacious Group won the Best Boutique Developer (Asia) title while Paradiso Place by SPG Land was named Best Smart Building Development (Asia) and Best Integrated Work From Home Development (Asia). Zero Gipps by Dare Property Group won Best Eco Friendly Commercial Development (Asia) while The Archwood Residences by Mayrin Group won Best Housing/Landed Architectural Design (Asia).

The awardees were chosen by an independent panel of judges, namely Lui Violanti, chairperson of the Awards and regional manager of Western Australia for Inhabit Group; Benson Zhou, director of Savills Melbourne and divisional head of Asia in Victoria; Ivan Lam, ​head of international business, Charter Keck Cramer; Jessica Liew, director, Plus Architecture; Peter Li, general manager, Plus Agency; Richard Newling Ward, director, Bayleyward; Sandra Furtado, co-founder and director, Furtado Sullivan; and Steven Yu, founder and CEO, Valorton Group.

HLB Mann Judd – HLB Australasia, led by partner and head of tax Josh Chye, supervised the selection process—ensuring its fairness, transparency, and credibility.

Organised by PropertyGuru Group (NYSE: PGRU), the 5th Annual PropertyGuru Asia Property Awards (Australia) programme is supported by official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Good Talent Public Relations; media partner Your Investment Property; and official supervisor HLB.

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

 

LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

5th PropertyGuru Asia Property Awards (Australia)

 

DEVELOPER AWARDS

Best Developer

WINNER: Auriton Group

Best Residential Developer 

WINNER: Salvo Property Group

Best Boutique Developer 

WINNER: Spacious Group

 

DEVELOPMENT AWARDS

Best Luxury Apartment Development (Victoria)

WINNER: Heyington by Sterling Global

Best High Rise Apartment Development (Victoria)

WINNER: Melbourne Square by OSK Property

HIGHLY COMMENDED: Stature Southbank by Salvo Property Group

Best Low Rise Apartment Development (Victoria)

WINNER: Voyage Altona by Spacious Group

Best Apartment Development (Western Australia)

WINNER: Forbes Residences, Applecross by Mustera Property Group Ltd

HIGHLY COMMENDED: Rivière Residences by Edge

Best Apartment Development (South Australia)

WINNER: West Franklin by Greaton Development Pty Ltd.

Best Apartment Development (Queensland)

WINNER: Paradiso Place by SPG Land

Best Integrated WFH Development

WINNER: Paradiso Place by SPG Land

Best Waterfront Apartment Development

WINNER: Paradiso Place by SPG Land

HIGHLY COMMENDED: Rivea by Auriton Group

Best Smart Building Development

WINNER: Paradiso Place by SPG Land

Best Lifestyle Development

WINNER: Paradiso Place by SPG Land

Best Townhouse Development (New South Wales)

WINNER: The Archwood Residences by Mayrin Group

Best Student Accommodation Development

WINNER: Scape Redfern by Scape Australia

Best Senior Living Development

WINNER: Mark Moran Warrawee by Mark Moran Group

Best Low Rise Mixed Use Development

WINNER: Balfour Place by Thirdi Group

Best High Rise Mixed Use Development

WINNER: Melbourne Square by OSK Property

Best Eco Friendly Commercial Development

WINNER: Zero Gipps by Dare Property Group

 

DESIGN AWARDS

Best Apartment Interior Design

WINNER: Paradiso Place by SPG Land

Best Apartment Architectural Design

WINNER: Paradiso Place by SPG Land

HIGHLY COMMENDED: Rivea by Auriton Group

Best Townhouse Architectural Design

WINNER: The Archwood Residences by Mayrin Group

Best Townhouse Interior Design

WINNER: The Archwood Residences by Mayrin Group

Best Senior Living Interior Design

WINNER: Evette Moran, Mark Moran Warrawee by Mark Moran Group

 

BEST OF AUSTRALIA AWARDS

Best Condo/Apartment Development (Australia)    

WINNER: Forbes Residences, Applecross by Mustera Property Group Ltd

Best Housing Development (Australia)   

WINNER: The Archwood Residences by Mayrin Group

 

SPECIAL AWARD

Special Recognition in Sustainable Design and Construction

WINNER: Mustera Property Group Ltd

 

PUBLISHER’S CHOICE

Australia Real Estate Personality of the Year

WINNER: William Wu, Director, Mayrin Group

 

–END–

 

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

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected]

 

Sales & Nominations:

Watcharaphon Chaisuk (Jeff)

Solutions Manager

M: +66 95 797 0595

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

Does not include impact of Sendhelper acquisition in October 2022.

Based on Google Analytics data between April 2022 and September 2022.

Based on data between April 2022 and September 2022.

The 3rd PropertyGuru Asia Property Awards (India) programme honours diverse real estate companies, projects

A CELEBRATION OF FINE RESIDENTIAL, COMMERCIAL AND INFRASTRUCTURAL DEVELOPMENTS IN INDIA

  • Casagrand Builder Pvt. Ltd. is hailed Best Lifestyle Developer while Embassy REIT wins eight titles, including Best Operational Office Portfolio, plus a regional award at the Grand Final
  • Award-winning projects include Piramal Aranya by Piramal Realty and The Waterfall – P’residential by Armaan Infrastructure
  • Sahil Vachani, CEO and managing director of Max Estates Limited, is inaugural recipient of the India Real Estate Personality of the Year award

BANGKOK, Thailand — 9 December 2022

The winners of the 3rd Annual PropertyGuru Asia Property Awards (India) were unveiled today in an exclusive luncheon and presentation at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

The 2022 edition of the Awards in India is one of the programme’s most diverse yet, with 15 titles presented to various recipients that include one of the country’s most prolific real estate investment trusts.

Casagrand Builder Pvt. Ltd. received the never-before-presented title of Best Lifestyle Developer. The Chennai-based real estate enterprise impressed judges with its gated community and apartment developments, many of which feature outstanding lifestyle amenities.

Embassy REIT won all eight of its nominations, including the never-before-presented Best Operational Office Portfolio award. Embassy Manyata Front Parcel Development and Embassy TechVillage Parcel 8 won the Best Mixed Use Development and Best Integrated Development awards, respectively. The company also won titles for Embassy Manyata Flyover; Embassy Manyata – Refurbishment of Block K; Embassy Oxygen, Tower-1; Embassy TechVillage – Central Garden; and Hudson & Ganges Office Towers, Embassy TechZone.

Embassy TechVillage – Central Garden went on to win the Best Commercial Landscape Architectural Design (Asia) award at the 17th PropertyGuru Asia Property Awards Grand Final, also held 9 December in Bangkok. The Grand Final drew awardees from various countries, representing top winners from PropertyGuru Asia Property Awards’ series of in-person and virtual gala celebrations across the region.

Piramal Aranya by Piramal Realty won the coveted honour of Best Condo Development (India) as well as the Best Condo/Apartment Development award. Armaan Infrastructure won Best Luxury Condo/Apartment Development for The Waterfall – P’residential.

Sunteck Realty Limited, named Best Developer (Mumbai) last year, garnered the Best Waterview Condo/Apartment Development award for Sunteck Beach Residences (SBR) while Trifecta Projects Private Limited gained the Best Housing Development honour for Trifecta Verde En Resplandor.

Sahil Vachani, CEO and managing director of Max Estates Limited, was inaugurated as the first recipient of the India Real Estate Personality of the Year award. The editors of Property Report by PropertyGuru, the official magazine of the Awards, selected Vachani for showing leadership in the commercial space and transforming Max Estates Limited into a full-fledged real estate company.

Vachani said: “I’m humbled to receive the Real Estate Personality of the Year Award, and I would like to thank the entire team at PropertyGuru Asia Property Awards (India) and PropertyGuru Group for honouring me with this award. I must commend the entire team for organising a magnificent event, which would not have been possible without great time, dedication, and effort. I’d like to dedicate this award to my team at Max Estates where we continually strive to deliver on our purpose to enhance the quality of lives through the spaces that we create.”

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “We celebrate the third edition of our Awards in India with a renewed sense of optimism in the country. These award-winning residential, commercial and infrastructural projects show an ever-improving quality of real estate in India and a preparedness to serve its vast, fast-growing housing market. Congratulations to all the award recipients in India!”

The list of winners was rigorously selected by an independent panel of judges consisting of Amit Khanna, chairperson of the Awards and managing director, Phoenix Advisers; Ajai A Kapoor, CEO, 360 degrees – Real Estate Services; Avinash Khater, founder and chairman of The Real Estate Kings (TREK); Jitender Girdhar, FRICS, FAIQS, co-founder and director, Qonqests Technical Solutions and VDC Technologies; Madhav Raman, co-founder, Anagram Architects; Mallika Desai Thakker, co-founder and creative head at Vibe Design Lab; and Shradha Mithal, managing director, Resettle Destination Services.

HLB is the official supervisor of the PropertyGuru Asia Property Awards. In India, the judging is supervised by S.S Kothari Mehta & Co., a member firm of HLB International, under the leadership of Surabhi Bansal and Atul Chopra.

Organised by PropertyGuru Group (NYSE: PGRU), the 3rd PropertyGuru Asia Property Awards (India) programme is supported by official portal partner Housing.com; official magazine Property Report by PropertyGuru; official PR partner FleishmanHillard; media partner The Hindu; supporting association IFC – Excellence in Design for Greater Efficiencies; and official supervisor HLB.

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

 

LIST OF WINNERS

3rd PropertyGuru Asia Property Awards (India)

DEVELOPER AWARD

Best Lifestyle Developer

WINNER: Casagrand Builder Pvt. Ltd.

 

DEVELOPMENT AWARDS

Best Luxury Condo/Apartment Development

WINNER: The Waterfall – P’residential by Armaan Infrastructure

Best Condo/Apartment Development

WINNER: Piramal Aranya by Piramal Realty

Best Waterview Condo/Apartment Development

WINNER: Sunteck Beach Residences (SBR) by Sunteck Realty Limited

Best Housing Development

WINNER: Trifecta Verde En Resplandor by Trifecta Projects Private Limited

Best Mixed Use Development

WINNER: Embassy Manyata Front Parcel Development by Embassy REIT

Best Integrated Development

WINNER: Embassy TechVillage Parcel 8 by Embassy REIT

Best Office Development

WINNER: Hudson & Ganges Office Towers, Embassy TechZone by Embassy REIT

Best Connectivity Infrastructure Development

WINNER: Embassy Manyata Flyover by Embassy REIT

Best Renovated Development

WINNER: Embassy Manyata – Refurbishment of Block K by Embassy REIT

 

PORTFOLIO AWARD

Best Operational Office Portfolio

WINNER: Embassy REIT

 

DESIGN AWARDS

Best Office Architectural Design

WINNER: Embassy Oxygen, Tower-1 by Embassy REIT

Best Commercial Landscape Architectural Design       

WINNER: Embassy TechVillage – Central Garden by Embassy REIT

 

BEST OF INDIA AWARD

Best Condo Development (India)

WINNER: Piramal Aranya by Piramal Realty

 

PUBLISHER’S CHOICE

India Real Estate Personality of the Year Award

WINNER: Sahil Vachani, CEO and Managing Director, Max Estates Limited

 

–END–

 

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

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected]

 

Sales & Nominations:

Monika Singh

Solutions Manager

M: +66 87 677 4812

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

 

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

Does not include impact of Sendhelper acquisition in October 2022.

Based on Google Analytics data between April 2022 and September 2022.

Based on data between April 2022 and September 2022.

Megaprojects, exquisite designs lead the 9th PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau)

GLOBAL STREAMING EVENT SHOWCASES THE NATION’S FINEST

TO SOUTHEAST ASIA AND BEYOND

  • New World Development Company Limited, Lofter Group Limited, and Henderson Land Development Company Limited lead list of winning developers in Hong Kong and Macau while Zhuhai Huafa Properties Co., Ltd., among other accomplished companies, receives accolades in Mainland China
  • Design practices Lead8, LYCS Architecture, and Benoy Limited win multiple categories across Mainland China, Hong Kong, and Macau

BANGKOK, Thailand — 7 December 2022

The Winners and Highly Commended recipients of the 9th Annual PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau), presented in association with Anjuke, were unveiled today in a virtual celebration streamed live on AsiaPropertyAwards.com and multiple digital platforms.

New World Development Company Limited won the coveted title of Best Developer (Hong Kong and Macau) as well as the Best Office Development (Hong Kong and Macau) award for 888 Lai Chi Kok Road (NCB Innovation Centre). The seasoned Hong Kong-based company also shared the Best Mega Mixed Use Development (Hong Kong and Macau) honour with integrated design studio Lead8 for their collaboration on the extensive retail, dining and entertainment hub known as 11 SKIES.

Lead8 was also honoured with the Best Mega Mixed Use Architectural Design (Hong Kong and Macau) and Best Mega Mixed Use Interior Design (Hong Kong and Macau) awards for 11 SKIES.

Lofter Group Limited garnered four wins, including the titles of Best Boutique Condo Development (Hong Kong) and Best Asset Enhancement Initiative (Hong Kong and Macau) for its projects 181 Sai Yee Street and Two Bedford Place, respectively. One Bedford Place, another project by the premium Hong Kong developer, won Best Office Architectural Design (Hong Kong and Macau) and Best Office Interior Design (Hong Kong and Macau).

Henderson Land Development Company Limited also received four wins, including the titles of Best Mixed Use Development (Hong Kong and Macau) and Best Clubhouse Interior Design (Hong Kong and Macau) for the large integrated hub Baker Circle. The seasoned developer also won both the Best Condo Development (Hong Kong and Macau) and Best Condo Development (Hong Kong) awards for One Innovale.

Zhuhai Huafa Properties Co., Ltd. won the prestigious category of Best Housing Development (Mainland China) as well as the Best Boutique Housing Development (Mainland China) award for Guangzhou Nansha Amber Living. The developer also received the Best High-End Condo Development (Mainland China) title for Foshan Huafa Canal City.

Great architecture practices gave a strong showing this year with their exquisite designs. LYCS Architecture won both the titles of Best Condo Development (Mainland China) and Best Luxury Condo Development (Mainland China) for Kincang Egrets Waves 3.0 Residential.

In addition to its awards for 11 SKIES, Lead8 won Best Retail Architectural Design (Mainland China) for Shougang Park Urban Weaving District while Benoy Limited gained two wins for its designs on CRL MixC Qianhai and Benoy Hong Kong Studio.

Hari V Krishnan, CEO and managing director of PropertyGuru Group, said: “The developers and design practices of Mainland China, Hong Kong, and Macau are known for producing some of the most remarkable works of architecture and engineering in Asia Pacific. These award-winning projects show the rest of Asia Pacific what can be done in design and development, inspiring more companies to create what’s next. And with our network and expertise, PropertyGuru can show the way forward for developers in Southeast Asia to bridge the gap with Chinese investors and engage a wider clientele today.”

The judges that selected this year’s shortlisted nominees in Mainland China consist of Chou Guang Ming (Ray), founder and creative director, Vermilion Zhou Design Group; Coco Lin, principal and project director, B+H Consulting International Inc.; Eunice Wu, property director, China Merchants Shekou and Overseas Development Division; Guo Nu, founder and design principal, AUD Architect and Urban Design; James Woo, executive director and co-head of valuation and advisory services for China, Colliers; Jesse Wang, design director, F.G Studio; Ken Ip, chairman, Asia MarTech Society; Luo Minjie, director of the planning and design department, Sichuan Waterfront Urban and Rural Development Co., Ltd; Paul Tse, president of the board of directors, Macao Association of Building Contractors and Developers; T.K Chu, founder and principal designer of T.K. Chu Design Group and TK Home; Wang Shaoqing, founder and chief designer, CLV.Design; Wei JinJing, founder and chief creative director, Nature Times Art Design; and Zhong Ling, founder of DUTS Design, French National Registered Architect, Master of Architecture in ENSAPLV, and Guest Teacher of Shanghai Jiao Tong University.

Eric Dong, general manager of Baicheng Tax Services, led the team of HLB China, the official supervisor of the Mainland China awards.

The judges that selected this year’s shortlisted nominees in Hong Kong and Macau consist of Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers; Bernie Devine, senior regional director, Asia Pacific, Yardi Systems, Inc.; Gregory Ku, executive consultant, Jones Lang LaSalle Hong Kong; Jimmy Wardhana, co-founder and principal of JWCC Architecture Co. Ltd.; Oliver Tong, general manager, Jones Lang LaSalle Macau & Zhuhai; Vincent Cheung, founder and managing director, Vincorn Consulting and Appraisal Limited; Sr Yew, Edmond, vice president of China Real Estate Chamber of Commerce (HK and International Chapter); and Yu Kam Hung, past president, The Hong Kong Institute of Surveyors.

HLB Hodgson Impey Cheng Limited – HLB Hong Kong, led by the team of Clara Ng and Jack Tien, served as the official supervisor of the Hong Kong and Macau awards.

Top winners of the Awards in Mainland China, Hong Kong, and Macau will move on to compete with peers in other countries for the honours of ‘Best in Asia’ at the 17th PropertyGuru Asia Property Awards Grand Final on 9 December in Bangkok, Thailand.

Organised by PropertyGuru Group (NYSE: PGRU), the 9th PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) programme is supported by official partner Anjuke; official channel partner History; official magazine Property Report by PropertyGuru; exclusive digital branding partner Global Design Awards Lab; official PR partners Artemis Associates and Molihua Media Group (MMG); media partners Luxuo, Mingtiandi, Palace, and Yacht Style; supporting association IFC – Excellence in Design for Greater Efficiencies; and official supervisor HLB.

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

 

LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

PropertyGuru Asia Property Awards (Mainland China) 2022

DEVELOPMENT AWARDS

Best Luxury Condo Development (Mainland China)     

WINNER: Kincang Egrets Waves 3.0 Residential by LYCS Architecture 金昌烟波星鹭湾 by 零壹城市建筑事务所                                                                                

Best High-End Condo Development (Mainland China)

WINNER: Foshan Huafa Canal City by Zhuhai Huafa Properties Co., Ltd. 佛山华发滨江府 by 珠海华发实业股份有限公司

HIGHLY COMMENDED: The Glory Land of Dewei by Huizhou Dewei Group Co., Ltd 德威江誉城 by 惠州市德威集团有限公司

Best Boutique Housing Development (Mainland China)

WINNER: Guangzhou Nansha Amber Living by Zhuhai Huafa Properties Co., Ltd. 广州美的华发天珀 by 珠海华发实业股份有限公司

Best Mixed-Use Development (Mainland China)

WINNER: Heartland 66 by Hang Lung Properties 武汉恒隆广场 by 恒隆地产

HIGHLY COMMENDED: Yuexiu International Finance Center by Yuexiu Property 越秀国际金融中心 by 越秀地产

Best Office Development (Mainland China)

WINNER: Cloud Land, Hangzhou by Greentown China Holdings Limited 杭州云澜谷商务中心 by 绿城中国控股有限公司 

 

DESIGN AWARDS

Best Mixed Use Architectural Design (Mainland China)

WINNER: CRL MixC Qianhai by Benoy Limited 深圳华润前海中心 by 贝诺

HIGHLY COMMENDED: Chengdu Co-Innovation and Cooperation Center by Laguarda.Low Architects (LLA) 成都高新创合中心 by LLA建筑设计公司

HIGHLY COMMENDED: T-Max by HZS Design (Shanghai) Ltd. 旭辉 西投•重庆之眼 by 汇张思建筑设计事务所(上海)股份有限公司

Best Affordable Condo Architectural Design (Mainland China)

WINNER: Railway Leisure Town by HZS Design (Shanghai) Ltd. 中铁•逸都 by 汇张思建筑设计事务所(上海)股份有限公司

Best Bespoke Commercial Interior Design (Mainland China) 

WINNER: ONE-CU Office by ONE-CU Interior Design Lab ONE-CU 壹方办公室 by ONE-CU 壹方设计

Best Educational Interior Design (Mainland China) 

WINNER: Sunac · Beyond Mansion by TOMO DESIGN 融创·云潮府艺术中心 by TOMO 東木筑造

Best Retail Architectural Design (Mainland China)

WINNER: Shougang Park Urban Weaving District by Lead8 首钢北京园区城市织补创新工场项目 by Lead8

HIGHLY COMMENDED: MixC Wuhan by Lead8 武汉万象城 by Lead8

HIGHLY COMMENDED: Suzhou Joy Breeze by Benoy Limited 苏州大悦春风里 by 贝诺

Best Retail Interior Design (Mainland China) 

WINNER: China Overseas Beijing Yinghai Unifun by JATO Design International Limited 北京中海 瀛海环宇坊 by 杰拓设计 (国际) 有限公司

Best Sales Gallery Interior Design (Mainland China)

WINNER: Nanjing Lishui Luxurious Mansion by HCD IMPRESS 南京溧水礼樾云居 by 柏年印象

HIGHLY COMMENDED: BUCG Peking Mansion Sales Office by Beijing Legend Architectural Design Co., Ltd. 北京城建·天坛府售楼处 by 北京传奇建筑设计有限公司

 

BEST OF MAINLAND CHINA AWARDS

Best Condo Development (Mainland China)

WINNER: Kincang Egrets Waves 3.0 Residential by LYCS Architecture 金昌烟波星鹭湾 by 零壹城市建筑事务所

Best Housing Development (Mainland China)

WINNER: Guangzhou Nansha Amber Living by Zhuhai Huafa Properties Co., Ltd. 广州美的华发天珀 by 珠海华发实业股份有限公司

 

LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

PropertyGuru Asia Property Awards (China – Hong Kong and Macau) 2022

 

DEVELOPER AWARD

Best Developer (Hong Kong and Macau)

WINNER: New World Development Company Limited

 

DEVELOPMENT AWARDS

Best Condo Development (Hong Kong)

WINNER: One Innovale by Henderson Land Development Company Limited

Best Boutique Condo Development (Hong Kong)

WINNER: 181 Sai Yee Street by Lofter Group Limited

Best Waterfront Condo Development (Hong Kong and Macau)

WINNER: Lee Nam Road 66 by Logan Group Company Limited & KWG Group Holdings

Best Office Development (Hong Kong and Macau)

WINNER: 888 Lai Chi Kok Road (NCB Innovation Centre) by New World Development Company Limited

BestMixed UseDevelopment (Hong Kong and Macau)

WINNER: Baker Circle by Henderson Land Development Company Limited

HIGHLY COMMENDED: Two Bedford Place by Lofter Group Limited

BestMega Mixed UseDevelopment (Hong Kong and Macau)

WINNER: 11 SKIES by Lead8 & New World Development Company Limited

Best Asset Enhancement Initiative (Hong Kong and Macau)

WINNER: Two Bedford Place by Lofter Group Limited

 

DESIGN AWARDS

Best Mixed Use Architectural Design (Hong Kong and Macau)

WINNER: Yoho Treasure Island Resorts World Hotel, Macau by Huarchi Global Design Corporation Ltd & Treasure Island Entertainment Company Ltd

Best Mega Mixed Use Architectural Design (Hong Kong and Macau)

WINNER: 11 SKIES by Lead8

Best Mixed Use Interior Design (Hong Kong and Macau)

WINNER: Yoho Treasure Island Resorts World Hotel, Macau by Huarchi Global Design Corporation Ltd & Treasure Island Entertainment Company Ltd

Best Mega Mixed Use Interior Design (Hong Kong and Macau)

WINNER: 11 SKIES by Lead8

Best Bespoke Commercial Interior Design (Hong Kong and Macau)

WINNER: Benoy Hong Kong Studio by Benoy Limited

Best Clubhouse Interior Design (Hong Kong and Macau) 

WINNER: Baker Circle by Henderson Land Development Company Limited

Best Office Architectural Design (Hong Kong and Macau)

WINNER: One Bedford Place by Lofter Group Limited

Best Office Interior Design (Hong Kong and Macau)

WINNER: One Bedford Place by Lofter Group Limited

 

BEST OF CHINA (HONG KONG AND MACAU) AWARD

BestCondo Development(Hong Kong and Macau)

WINNER: One Innovale by Henderson Land Development Company Limited

 

–END–

 

NOTE: Use of the PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) logo is limited to the publication of this article only.

                                                                          

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected]

 

Sales & Nominations:

Summer Xia

Senior Solutions Manager

T: +66 66 2 204 9599

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

Does not include impact of Sendhelper acquisition in October 2022.

Based on Google Analytics data between April 2022 and September 2022.

Based on data between April 2022 and September 2022.

The 2022 PropertyGuru Asia Property Awards (Greater Niseko) programme elevates Japan’s finest alpine real estate

A SHOWCASE OF OUTSTANDING PROPERTIES TO SOUTHEAST ASIAN INVESTORS

  • Blue Waves Group gains three wins for Andaru Collection Niseko while Kookan scores two wins for Shiguchi
  • Victorious developers include H2 Group; Nihon Harmony Resorts KK and PCPD; and Niseko Village
  • Andaru Collection Niseko also gains two regional titles at the 17th PropertyGuru Asia Property Awards Grand Final

BANGKOK, Thailand — 9 December 2022

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today announced the Winners and Highly Commended recipients of the 2022 PropertyGuru Asia Property Awards (Greater Niseko).

Elevating the Gold Standard of real estate within Japan, the Awards in Greater Niseko showcased outstanding hospitality and residential developments in the premier mountain resort destination to property seekers from Southeast Asia and beyond.

Blue Waves Group dominated the celebration with multiple wins for its resort housing project Andaru Collection Niseko. The project was named Best Completed Resort Housing Development, Best Resort Housing Architectural Design, and Best Resort Housing Interior Design.

The heritage-inspired resort project Shiguchi meanwhile yielded two wins—Best Resort Architectural Design and Best Resort Interior Design—for developer Kookan.

Nihon Harmony Resorts KK and PCPD jointly won the title of Best Integrated Resort Development for Park Hyatt Niseko Hanazono and Hanazono Resort Niseko. A special award, the Special Recognition for Tourism Landmark Development, was also presented to the companies for Mountain Lights at Park Hyatt Niseko Hanazono, a light-based art installation by the artist Bruce Munro.

Other awardees this year include H2 Group for the project HakuVillas (Best Completed Luxury Hotel Condo Development); Niseko Village for Hinode Hills (Best Hotel Condo Development); Terraform Capital for Cassia Hirafu Niseko; and Zekkei for Intuition Niseko.

The Awards in Greater Niseko were presented in an exclusive luncheon on 9 December at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. This was held ahead of the 17th PropertyGuru Asia Property Awards Grand Final where various country winners from the awards series competed for Best in Asia honours.

Andaru Collection Niseko went on to garner two wins at the Grand Final: Best Completed Housing/Landed Development (Asia) and Best Housing/Landed Interior Design (Asia). HakuVillas by H2 Group was hailed Best Completed Condo Development (Asia).

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “Our Awards in Greater Niseko continue to reach great heights with beautifully designed resorts, hotels, and second homes for wintersports enthusiasts, tourists, investors, and other property seekers interested in Japan’s premier skiing destination. Congratulations to all the awardees in Greater Niseko!”

The list of Winners and Highly Commended awardees was decided by an independent panel of judges consisting of Bill Barnett, chairperson of the Awards and founder and managing director, C9 Hotelworks; Acme Wu, marketing director, Niseko Tourism; Eddie Guillemette, CEO of Midori no Ki (MnK); Greg Hough, managing director, Niseko Portfolio and Explore Travel Group; Minoru Okubo, representative director, ResortPropertyJapan Co. Ltd; and Shigeru Uehara, director of Niseko Home Design, Ltd.

The entire selection process was made fair, transparent and credible under the supervision of Paul Ashburn, HLB International Real Estate Group.

Organised by PropertyGuru Group (NYSE: PGRU), the 2022 PropertyGuru Asia Property Awards (Greater Niseko) programme is supported by official channel partner History; official magazine Property Report by PropertyGuru; media partner Powderlife; supporting association Niseko Tourism; and official supervisor HLB.

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

 

LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

2022 PropertyGuru Asia Property Awards (Greater Niseko)

DEVELOPMENT AWARDS

Best Integrated Resort Development

WINNER: Park Hyatt Niseko Hanazono and Hanazono Resort Niseko by Nihon Harmony Resorts KK and PCPD

Best Hotel Condo Development

WINNER: Hinode Hills by Niseko Village

HIGHLY COMMENDED: Intuition Niseko by Zekkei

Best Completed Luxury Hotel Condo Development

WINNER: HakuVillas by H2 Group

Best Completed Resort Housing Development

WINNER: Andaru Collection Niseko by Blue Waves Group

 

DESIGN AWARDS

Best Resort Architectural Design

WINNER: Shiguchi by Kookan

HIGHLY COMMENDED: Cassia Hirafu Niseko by Terraform Capital

Best Resort Housing Architectural Design

WINNER: Andaru Collection Niseko by Blue Waves Group

Best Resort Interior Design

WINNER: Shiguchi by Kookan

Best Resort Housing Interior Design

WINNER: Andaru Collection Niseko by Blue Waves Group

 

SPECIAL AWARD

Special Recognition for Tourism Landmark Development

WINNER: Mountain Lights at Park Hyatt Niseko Hanazono by Nihon Harmony Resorts KK and PCPD

 

–END–

 

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

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected]

 

Sales & Nominations:

Nyan Zaw Aung (Jordan)

Solutions Manager

M: +66 964575088

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

Does not include impact of Sendhelper acquisition in October 2022.

Based on Google Analytics data between April 2022 and September 2022.

Based on data between April 2022 and September 2022.

The best of the best real estate developers, projects prevail at 17th PropertyGuru Asia Property Awards Grand Final

AWARD-WINNING POOL OF ACCOMPLISHED DEVELOPERS GATHER IN BANGKOK FOR FULL RETURN OF AWARDS SERIES FINALE

  • New World Development Company Limited is hailed Best Developer(Asia) in one of two regional wins for companies from China (Hong Kong and Macau)
  • Companies from Thailand and the Philippines each garner seven regional wins
  • Candra Ciputra, CEO of Ciputra Group and president director of PT Ciputra Development Tbk, receives the PropertyGuru Icon award

BANGKOK, Thailand — 9 December 2022

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today announced the regional winners representing the Best in Asia at the 17th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Leading Real Estate Companies of the World®.

Also known as the finale of the 2022 PropertyGuru Asia Property Awards series, the Grand Final was presented in 48 categories at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

New World Development Company Limited garnered the award of Best Developer (Asia), representing China (Hong Kong and Macau). Along with the design practice Lead8, the company also received the Best Mega Mixed Use Development (Asia) award for 11 SKIES.

Representing Mainland China, Lead8 additionally won the Best Retail Architectural Design (Asia) award for Shougang Park Urban Weaving District. Benoy Limited won Best Mixed Use Architectural Design (Asia) for CRL MixC Qianhai in another regional win for Mainland China.

The Philippines garnered seven regional wins, led by the Best Industrial Developer (Asia) title for Aboitiz InfraCapital Economic Estates and Best Lifestyle Developer (Asia) title for Global-Estate Resorts, Inc. (GERI). Aboitiz InfraCapital Economic Estates also won the honours of Best Industrial Development (Asia) and Best Green Development (Asia) for LIMA Estate.

AppleOne Mactan, Inc. also won Best Branded Residential Development (Asia) for The Residences at Sheraton Cebu Mactan Resort while Cebu Landmasters, Inc. won Best Hospitality Architectural Design (Asia) for Sofitel Cebu City. Arquitectonica was honoured with the Best Office Architectural Design (Asia) award for Mega Tower.

Thailand also gained seven regional wins, including the Best Landmark Mixed Use Development (Asia) award for One Bangkok by Frasers Property Holdings (Thailand) Co., Ltd. (FPHT). Magnolia Quality Development Corporation Limited won both the Best Condo Development (Asia) and Best Health and Wellness Development (Asia) awards for The Aspen Tree at The Forestias. PMT Property Co., Ltd. earned the titles of Best Condo Interior Design (Asia) and Best Condo Landscape Architectural Design (Asia) for 125 Sathorn. Lake Legend Bangna-Suvarnabhumi by Hongkong Land and Property Perfect PCL was named Best Waterfront Housing/Landed Development (Asia) while Jaytiya 2 Private Pool Villas Residence by Jaytiya Property Co., Ltd. won Best Housing/Landed Landscape Architectural Design (Asia).

Singapore scored six regional wins at the Grand Final. GuocoLand was named Best Luxury Developer (Asia) and Best Sustainable Developer (Asia) while UOL Group Limited was named Best Hospitality Developer (Asia). UOL Group Limited also won Best Hotel Development (Asia) for Pan Pacific Orchard.

Park Nova by Shun Tak Holdings gained the Best Condo Architectural Design (Asia) title while Artyzen Singapore by Artyzen Hospitality Group won Best Hospitality Interior Design (Asia).

Indonesia was also represented with six regional wins that include the Best Township Development (Asia)

award for Kota Baru Parahyangan by PT. Belaputera Intiland and Best Township Masterplan Design (Asia) award for 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).

Australia scored five regional wins, including the Best Boutique Developer (Asia) title for Spacious Group. SPG Land won both the Best Smart Building Development (Asia) and Best Integrated Work From Home Development (Asia) titles for Paradiso Place. Dare Property Group won Best Eco Friendly Commercial Development (Asia) for Zero Gipps and Mayrin Group won Best Housing/Landed Architectural Design (Asia) for The Archwood Residences.

Vietnam scored four regional wins, including the Best Mixed Use Developer (Asia) title for Keppel Land. Sycamore by CapitaLand Development (Vietnam) won the Best Housing/Landed Development (Asia) and Best Eco Friendly Housing/Landed Development (Asia) awards. Artisan Park by Gamuda Land was named Best Retail Development (Asia).

From Greater Niseko, Andaru Collection Niseko by Blue Waves Group clinched both Best Completed Housing/Landed Development (Asia) and Best Housing/Landed Interior Design (Asia) awards. HakuVillas by H2 Group won the Best Completed Condo Development (Asia) award.

Cambodia and Malaysia each earned two regional wins. The Best Breakthrough Developer (Asia) award went to Kambujaya Development Co., Ltd, with the Best Waterfront Condo Development (Asia) title going to Vue Aston by The Peninsula Capital Co., Ltd. KL Wellness City by KL Wellness City Sdn Bhd was named Best Mixed Use Development (Asia), with Infinity8 Reserve JBCC by Infinity Group winning Best Co-Working Space (Asia).

India was also represented at the Grand Final with Embassy REIT winning Best Commercial Landscape Architectural Design (Asia) for Embassy TechVillage – Central Garden.

Candra Ciputra, CEO of Ciputra Group and president director of PT Ciputra Development Tbk, received the PropertyGuru Icon Award. Ciputra, previously named the Indonesia Real Estate Personality of the Year in 2015, received the award for a lifetime of real estate achievements covering developments in more than 40 cities across the archipelago.

The regional winners at the Grand Final were selected from the elite pool of country winners from PropertyGuru Asia Property Awards’ series of celebrations this year in Singapore, Malaysia, Indonesia, Thailand, Vietnam, Cambodia, the Philippines, Mainland China, Hong Kong, Macau, Greater Niseko (Japan), India, and Australia.

Hari V Krishnan, CEO and managing director of PropertyGuru Group, said: “The Awards remain among our widest-reaching enterprise solutions, having expanded over the years to represent some of the world’s most dynamic property markets from Southeast Asia to Australia. With these award-winning developers and designers as benchmarks, we hope to guide property seekers towards finding, financing and owning the right properties. In this, the 17th edition of the PropertyGuru Asia Property Awards Grand Final, we elevate not only the region’s dream homes but also its finest, most sustainable live-work-play developments, workspaces, retail hubs, hotels, resorts, and industrial parks, among others, to an international platform. Whether you’re seeking, selling or building property, we will see you home.”

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The winners of the PropertyGuru Asia Property Awards Grand Final aptly represent the diversity, progress, and resilience of their respective property markets. With projects ranging from boutique residential developments to vast integrated districts, these award-winning developments offer an impressive snapshot of what the Best in Asia looks like. Whether celebrated onstage at our gala events, or presented to the world online, these awardees shine bright as the Gold Standard of Asian real estate, keeping true to our vision of building the region’s Property Trust Platform. To all the winners announced at our regional Grand Final—we celebrate your success. Congratulations.”

The latest edition of the Grand Final marked the full return of the black-tie gala dinner and awards presentation, following a successful virtual gala edition in 2021. The 2022 Grand Final was streamed live on AsiaPropertyAwards.com as well as the programme’s official Facebook and YouTube channels.

The list of winners at the Grand Final was selected by an independent jury consisting of head judges of participating markets in the Awards: Thien Duong, chairperson of the Grand Final and general director, Group GSA (Vietnam); Amit Khanna, managing director, Phoenix Advisers (India); Bill Barnett, founder and managing director, C9 Hotelworks (Greater Niseko); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Dato’ Sr. Lau Wai Seang, president, Royal Institution of Surveyors ​Malaysia (RISM): 2017-2018 (Malaysia); Kristin Thorsteins, head of partnership growth for APAC at IWG PLC (Singapore); Lui Violanti, regional manager for Western Australia, Inhabit Group (Australia); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (Mainland China, Hong Kong and Macau); Sorn Seap, executive vice president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, chairperson, JLL Thailand (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).

HLB, the leading international accounting and advisory firm, upheld fairness, transparency and credibility throughout all points of the selection process, under the leadership of Paul Ashburn, HLB International Real Estate Group.

Since it was established in Thailand in 2005, the PropertyGuru Asia Property Awards programme has expanded over the years to 18 property markets. Through its series of in-person and virtual gala celebrations, the PropertyGuru Asia Property Awards programme has provided an international platform for excellent real estate developers, architects, and interior designers across Asia Pacific. The programme therefore connects awardees to a wide pool of investors, consumers, and agents, as well as the diaspora, throughout the region and beyond.

Organised by PropertyGuru Group (NYSE: PGRU), the 17th PropertyGuru Asia Property Awards Grand Final is supported by platinum sponsor Kohler; gold sponsor Leading Real Estate Companies of the World®; official portal partner PropertyGuru; official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Artemis Associates; media partners BusinessWorld, Construction & Property, d+a Magazine, Daily FT, Deluxe Magazine, Discover Pattaya, Esquire PH, Hot Magazine, Housing.com, Kompas, Kopiandpropetry.com, Luxuo, Manila Bulletin, Mingtiandi, Palace, Pattaya Trader, Penang Property Talk, People Asia Magazine, PhilStar PropertyReport PH, Powderlife, Real Estate News PH, Real Living, Rem, Robb Report, Southeast Asia Globe, Suara Indonesia, The Grid, The Hindu, The Manila Times, Think of Living, Top 10 of Malaysia, Vietnam Heritage, WhenInManila.com, Yacht Style, and Your Investment Property; official ESG partner Baan Dek Foundation; official charity partner Liter of Light; supporting partners IFC – Building Resilience Index, IFC – Excellence in Design for Greater Efficiencies, and REHDA Institute; supporting associations EuroCham Cambodia, Global Design Awards Lab, Green Building Consulting & Engineering, Niseko Tourism, Singapore Estate Agents Association, and Singapore Green Building Council; and official supervisor HLB.

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

 

LIST OF REGIONAL AND COUNTRY WINNERS

17th PropertyGuru Asia Property Awards Grand Final

DEVELOPER AWARDS

Best Developer(Asia) 

Agung Sedayu Group — Indonesia

Auriton Group — Australia

New World Development Company Limited        — China – Hong Kong and Macau (REGIONAL WINNER)

Prince Real Estate Group — Cambodia

Robinsons Land — Philippines

UOL Group Limited — Singapore

Best Luxury Developer (Asia) 

GuocoLand — Singapore (REGIONAL WINNER)

SonKim Land Corporation — Vietnam 

Best Industrial Developer (Asia) 

Aboitiz InfraCapital Economic Estates — Philippines (REGIONAL WINNER)

PT LOGOS SEA Indonesia — Indonesia

Best Mixed Use Developer (Asia) 

GuocoLand — Singapore

Keppel Land — Vietnam (REGIONAL WINNER)

Megaworld Corporation — Philippines

Prince Real Estate Group — Cambodia

Best Hospitality Developer (Asia) 

Megaworld Corporation — Philippines

UOL Group Limited — Singapore (REGIONAL WINNER)

Best Lifestyle Developer (Asia) 

Aurum Land (Private) Limited — Singapore

Casagrand Builder Pvt. Ltd. — India

Global-Estate Resorts,Inc. (GERI) — Philippines (REGIONAL WINNER)

Best Sustainable Developer (Asia) 

GuocoLand — Singapore (REGIONAL WINNER)

PT. Bumi Serpong Damai — Indonesia

PT LOGOS SEA Indonesia — Indonesia

Best Boutique Developer(Asia)

Aurum Land (Private) Limited — Singapore

PT. Bumi Parama Wisesa (NavaPark) Hongkong Land & Sinar Mas Land Joint Venture — Indonesia

Spacious Group — Australia (REGIONAL WINNER)

Best Breakthrough Developer (Asia) 

Kambujaya Development Co., Ltd — Cambodia (REGIONAL WINNER)

 

DEVELOPMENT AWARDS

Best Township Development (Asia) 

Bridgetowne Destination Estate by Robinsons Land — Philippines

Correctio by PT. Jababeka Tbk — Indonesia

Kota Baru Parahyangan by PT. Belaputera Intiland — Indonesia (REGIONAL WINNER)

Meyhomes Capital Phu Quoc by Tan A Dai Thanh – Meyland — Vietnam

Best Mega Mixed Use Development (Asia) 

11 SKIES by Lead8 & New World Development Company Limited — China – Hong Kong and Macau (REGIONAL WINNER) 

Best Landmark Mixed Use Development (Asia) 

One Bangkok by Frasers Property Holdings (Thailand) Co., Ltd. (FPHT) — Thailand (REGIONAL WINNER)

Best Mixed Use Development (Asia) 

Baker Circle by Henderson Land Development Company Limited — China – Hong Kong and Macau

Balfour Place by Thirdi Group — Australia

Embassy Manyata Front Parcel Development by Embassy REIT — India

Heartland 66 by Hang Lung Properties — Mainland China

KL Wellness City by KL Wellness City Sdn Bhd — Malaysia (REGIONAL WINNER)

Melbourne Square by OSK Property — Australia

Prince International Plaza by Prince Real Estate Group — Cambodia

Thamrin Nine Complex by PT Putragaya Wahana, a member of Galeon Group — Indonesia

Best Industrial Development (Asia) 

FoodFab @ Mandai by Mandai 7 JV Pte Ltd — Singapore

GIIC @ Kota Deltamas by Sinar Mas Land & Sojitz Corporation — Indonesia

LIMA Estate by Aboitiz InfraCapital Economic Estates — Philippines (REGIONAL WINNER)

Best Hotel Development (Asia) 

Pan Pacific Orchard by UOL Group Limited — Singapore (REGIONAL WINNER)

Park Hyatt Niseko Hanazono and Hanazono Resort Niseko by Nihon Harmony Resorts KK and PCPD — Greater Niseko

Best Retail Development (Asia) 

Artisan Park by Gamuda Land — Vietnam (REGIONAL WINNER)

Batavia PIK by Agung Sedayu Group & Salim Group, curated by Amantara — Indonesia

Best Office Development (Asia) 

888 Lai Chi Kok Road (NCB Innovation Centre) by New World Development Company Limited — China – Hong Kong and Macau

Autograph Tower at Thamrin Nine Complex by PT Putragaya Wahana, a member of Galeon Group — Indonesia (REGIONAL WINNER)

Cloud Land, Hangzhou by Greentown China Holdings Limited — Mainland China

Frasers Tower by Frasers Property Singapore — Singapore

Hudson & Ganges Office Towers, Embassy TechZone by Embassy REIT — India

Knowledge Hub @Digital Hub by Sinar Mas Land — Indonesia

One Bangkok Office Tower 4 by Frasers Property Holdings (Thailand) Co., Ltd. (FPHT) — Thailand

Best Branded Residential Development (Asia)

The Residences at Sheraton Cebu Mactan Resort by AppleOne Mactan, Inc. — Philippines (REGIONAL WINNER)

Best Condo Development (Asia)

Forbes Residences, Applecross by Mustera Property Group Ltd — Australia

Hinode Hills by Niseko Village — Greater Niseko

Kincang Egrets Waves 3.0 Residential by LYCS Architecture — Mainland China

Le Parc at Thamrin Nine Complex by PT Putragaya Wahana, a member of Galeon Group — Indonesia

Meyer Mansion by GuocoLand — Singapore

One Innovale by Henderson Land Development Company Limited — China – Hong Kong and Macau

Parc3 by Eupe Corporation Berhad — Malaysia

Piramal Aranya by Piramal Realty — India

The Aspen Tree at The Forestias by Magnolia Quality Development Corporation Limited — Thailand (REGIONAL WINNER)

The Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation — Philippines

Vue Aston by The Peninsula Capital Co., Ltd. — Cambodia

Best Waterfront Condo Development (Asia)

Costa Mira Beachtown Mactan by Cebu Landmasters, Inc. — Philippines

Lee Nam Road 66 by Logan Group Company Limited & KWG Group Holdings — China – Hong Kong and Macau

Meyer Mansion by GuocoLand — Singapore

Paradiso Place by SPG Land — Australia

Sunteck Beach Residences (SBR) by Sunteck Realty Limited — India

Vue Aston by The Peninsula Capital Co., Ltd. — Cambodia (REGIONAL WINNER)

Best Connectivity Condo Development (Asia)

LRT City Jatibening by KSO PT Adhi Commuter Properti Tbk. & PT Urban Jakarta Propertindo Tbk. — Indonesia (REGIONAL WINNER)

Best Completed Condo Development (Asia)

HakuVillas by H2 Group — Greater Niseko (REGIONAL WINNER)                                   

Best Health and Wellness Development (Asia)

Forbes Estates Lipa by Robinsons Land — Philippines

Mark Moran Warrawee by Mark Moran Group — Australia

The Aspen Tree at The Forestias by Magnolia Quality Development Corporation Limited — Thailand (REGIONAL WINNER)

Best Smart Building Development (Asia)

Paradiso Place by SPG Land — Australia (REGIONAL WINNER)

Best Housing/Landed Development (Asia)

Belgravia Ace by Fairview Developments Pte Ltd (a unit of Tong Eng Group) — Singapore

Enchanté Résidence @BSD City by Sinar Mas Land — Indonesia

Guangzhou Nansha Amber Living by Zhuhai Huafa Properties Co., Ltd. — Mainland China

Sycamore by CapitaLand Development (Vietnam) — Vietnam (REGIONAL WINNER)

The Archwood Residences by Mayrin Group — Australia

Best Waterfront Housing/Landed Development (Asia)  

Lake Legend Bangna-Suvarnabhumi by Hongkong Land and Property Perfect PCL — Thailand (REGIONAL WINNER)

The Residences III at The Glades, Putra Heights by Sime Darby Property — Malaysia

Best Connectivity Housing/Landed Development (Asia)  

Metland Cibitung by PT Fajarputera Dinasti a subsidiary of PT Metropolitan Land Tbk. — Indonesia (REGIONAL WINNER)

Best Completed Housing/Landed Development (Asia)  

Andaru Collection Niseko by Blue Waves Group — Greater Niseko (REGIONAL WINNER)

Best Integrated Work From Home Development (Asia)

Paradiso Place by SPG Land — Australia (REGIONAL WINNER)

Pisonia Ville by UDA Holdings Berhad — Malaysia

Best Green Development (Asia) 

LIMA Estate by Aboitiz InfraCapital Economic Estates — Philippines (REGIONAL WINNER)

Best Green Industrial Development (Asia) 

LOGOS Cikarang Logistics Park by LOGOS Indonesia — Indonesia (REGIONAL WINNER)

Best Eco Friendly Housing/Landed Development (Asia)

Sycamore by CapitaLand Development (Vietnam) — Vietnam (REGIONAL WINNER)

Best Eco Friendly Commercial Development (Asia)

Site of the Future – Acienda Silang by Pilipinas Shell Petroleum Corporation — Philippines

Zero Gipps by Dare Property Group — Australia (REGIONAL WINNER)

 

DESIGN AWARDS

Best Township Masterplan Design (Asia) 

Bridgetowne Destination Estate by Robinsons Land — Philippines

PIK2 Sedayu Indo City by Agung Sedayu Group & Salim Group — Indonesia (REGIONAL WINNER)

Best Mixed Use Architectural Design (Asia)

11 SKIES by Lead8 — China – Hong Kong and Macau

CRL MixC Qianhai by Benoy Limited — Mainland China (REGIONAL WINNER)

Yoho Treasure Island Resorts World Hotel, Macau by Huarchi Global Design Corporation Ltd & Treasure Island Entertainment Company Ltd — China – Hong Kong and Macau

Best Condo Architectural Design (Asia)

AMO Residence by UOL Group Limited, Singapore Land Group Limited, Kheng Leong Company — Singapore

Meyer Mansion by GuocoLand — Singapore

One East @ Damansara by CK East Group — Malaysia

Paradiso Place by SPG Land — Australia

Park Nova by Shun Tak Holdings — Singapore (REGIONAL WINNER)

Railway Leisure Town by HZS Design (Shanghai) Ltd. — Mainland China

Reference Sathorn – Wongwianyai by SC Asset — Thailand

The Commodore by JBE Holdings Pte Ltd — Singapore

The East Village at DGT by Cebu Landmasters, Inc. — Philippines

Waterfall Heights, Patong Bay (Phuket) by PropertyStore Thailand Co., Ltd. — Thailand

Best Housing/Landed Architectural Design(Asia) 

Andaru Collection Niseko by Blue Waves Group — Greater Niseko

Lake Legend Bangna-Suvarnabhumi by Hongkong Land and Property Perfect PCL — Thailand

Mazenta Residence by PT Cipta Harmoni Lestari — Indonesia

Seri Austin Heights by Aksi Sepakat Sdn Bhd — Malaysia

The Archwood Residences by Mayrin Group — Australia (REGIONAL WINNER)

The Valley by Botanica Luxury Villas — Thailand

Venue ID Motorway Rama 9 by SC Asset — Thailand

Best Hospitality Architectural Design(Asia)

Artyzen Singapore by Artyzen Hospitality Group — Singapore

Shiguchi by Kookan — Greater Niseko

Sofitel Cebu City by Cebu Landmasters, Inc. — Philippines (REGIONAL WINNER)

Best Retail Architectural Design(Asia) 

Pantjoran PIK by Agung Sedayu Group & Salim Group, curated by Amantara — Indonesia

Shougang Park Urban Weaving District by Lead8 — Mainland China (REGIONAL WINNER)

Best Office Architectural Design(Asia) 

Embassy Oxygen, Tower-1 by Embassy REIT — India

Mega Tower by Arquitectonica — Philippines (REGIONAL WINNER)

One Bedford Place by Lofter Group Limited — China – Hong Kong and Macau

Best Condo Interior Design (Asia)    

125 Sathorn by PMT Property Co., Ltd. — Thailand (REGIONAL WINNER)

Liv @ MB by Bukit Sembawang Estates Limited — Singapore

Orchard Sophia by Orchard Sophia Pte Ltd — Singapore

Paradiso Place by SPG Land — Australia

Perfect Ten by Property Enterprises Development (Singapore) Pte Ltd — Singapore

The Commodore by JBE Holdings Pte Ltd — Singapore

The Residences at Sheraton Cebu Mactan Resort by AppleOne Mactan, Inc. — Philippines

Best Housing/Landed Interior Design(Asia) 

Andaru Collection Niseko by Blue Waves Group — Greater Niseko (REGIONAL WINNER)

Kambujaya Residences by Kambujaya Development Co., Ltd — Cambodia

Mazenta Residence by PT Cipta Harmoni Lestari — Indonesia

The Archwood Residences by Mayrin Group — Australia

Best Hospitality Interior Design (Asia)

Artyzen Singapore by Artyzen Hospitality Group — Singapore (REGIONAL WINNER)

Sheraton Cebu Mactan Resort by AppleOne Mactan, Inc. — Philippines              

Shiguchi by Kookan — Greater Niseko

Best Condo Landscape Architectural Design(Asia)

125 Sathorn by PMT Property Co., Ltd. — Thailand (REGIONAL WINNER)

AMO Residence by UOL Group Limited, Singapore Land Group Limited, Kheng Leong Company — Singapore

Park Nova by Shun Tak Holdings — Singapore

Waterfall Heights, Patong Bay (Phuket) by PropertyStore Thailand Co., Ltd. — Thailand

Best Housing/Landed Landscape Architectural Design(Asia)

Jaytiya 2 Private Pool Villas Residence by Jaytiya Property Co., Ltd. — Thailand (REGIONAL WINNER)

Meysenses Lucia Bay Bai Lu by Tan A Dai Thanh – Meyland — Vietnam

Best Commercial Landscape Architectural Design(Asia)

Embassy TechVillage – Central Garden by Embassy REIT — India (REGIONAL WINNER)

Best Co-Working Space (Asia)

Infinity8 Reserve JBCC by Infinity Group — Malaysia (REGIONAL WINNER)

work.able Exxa-Zeta Center by Robinsons Land — Philippines

 

PUBLISHER’S CHOICE

PropertyGuru Icon Award

WINNER: Candra Ciputra

CEO, Ciputra Group

President Director, PT Ciputra Development Tbk

 

–END–

 

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

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected] 

 

Sales & Nominations:

Udomluk Suwan

Sales Director

M: +66 87 699 4433

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

Does not include impact of Sendhelper acquisition in October 2022.

Based on Google Analytics data between April 2022 and September 2022.

Based on data between April 2022 and September 2022.

PropertyGuru Group Launches Enterprise Brand, PropertyGuru For Business

BANGKOK (Dec 8, 2022): PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading[1], property technology (“PropTech”) company, today launched its enterprise brand, at the annual PropertyGuru Asia Real Estate Summit, where top business leaders from the real estate industry gather to share insights and network.

Hari V. Krishnan, Chief Executive Officer and Managing Director, PropertyGuru Group said, “Today, PropertyGuru completes fifteen years of operations, and we mark it with the launch of our enterprise solutions brand ‘PropertyGuru For Business’, that aims to guide enterprise clients such as property developers, agencies, banks, valuers, city planners and policy makers.  It is our ambition to bring transparency within the real estate journey and create a trust platform for home seekers and our business partners. By harnessing the integrated power of our proprietary data, technology and people, we hope to empower our business partners and customers to make better informed decisions.

At an enterprise or a city level, these decisions can impact thousands, or even millions of people, and PropertyGuru For Business is here to guide our clients to maximise growth opportunities, while reducing risk and uncertainty. We believe PropertyGuru for Business is a timely launch as we hope to equip our enterprise clients with the right data, tools and information to be able to navigate the uncertain economic conditions that lie ahead and be better prepared to serve their customers.”

PropertyGuru For Business includes a unified service and proprietary solutions such as DataSense, ValueNet, FastKey, event solutions as well as marketing-as-a-service (MaaS).

Hari also announced that PropertyGuru For Business market insights and intelligence platform DataSense (formerly known as Vantage+) will introduce a new suite of features and solutions catering to property developers to leverage analytics as a tool to improve their business. DataSense is currently available in Malaysia and will soon be introduced in our other markets – Singapore, Vietnam, Thailand and Indonesia.

PropertyGuru For Business’s debut at the event came at the right time as the property industry in Southeast Asia is undergoing a technology renaissance, with more enterprises and organisations looking towards digitalisation, making it an integral part of their operations transformation.

Shyn Yee Ho-Strangas, Managing Director for Data and Software Solutions (DSS), PropertyGuru Group said, “Recognising that countries have different approaches to land and property ownership, transaction and management processes, PropertyGuru For Business will be working with property stakeholders to improve systems in markets where it operates by championing and enabling digitalisation so that all property stakeholders can leverage deeper insights to make more confident decisions in a more transparent property ecosystem.

Most Southeast Asian countries still have legacy systems and processes that are not digitally shared and are difficult to update, optimise and customise. However, for organisations or enterprises that are ready to harness the power of digital transformation, PropertyGuru For Business’s suite of products and solutions will have an answer for a broad range of clients seeking to leverage reliable data platforms and intelligent software to boost their competitiveness. Data and insights in property is not useful only for developers or aspiring developers – digitalisation benefits practically everyone in the orbit of the property sector such as banking, construction, and those offering professional services to the real estate industry.

It is our endeavour to support sustainability, innovation, and technology efforts throughout the region.”

Responding to the changing needs of the real estate industry, Jeremy Williams, Managing Director of Marketplaces, PropertyGuru Group, said, “Southeast Asia is witnessing a surge in demand for digitisation and Big Data, coupled with the ability to provide more personalised customer experiences. Consolidating our offerings and solutions into our single unified brand will enable us to better serve our clients, but more importantly, the people who rely on property data to make critical life decisions.”

Jeremy concluded by saying, “PropertyGuru For Business will go beyond merely helping property stakeholders tap into millions of real estate listings, as it will be able to provide additional insights not available on other platforms to help clients see the larger picture.”

About PropertyGuru Group:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers[2] to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings[3], 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: PropertyGuru For Business; PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

[1] Based on SimilarWeb data between April 2022 and September 2022.

[2] Based on Google Analytics data between April 2022 and September 2022.

[3] Based on data between April 2022 and September 2022.

 

 

 

 

 

 

Consumers, experts choose the Gold Standard of real estate at the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my

LEADING PROPERTY MARKETPLACES GATHER THE COUNTRY’S FINEST DEVELOPERS FOR A NIGHT OF CELEBRATION 

  • Mah Sing Group Berhad is named Developer of the Year, among other titles
  • Ten companies receive the People’s Choice Awards, as voted by property seekers throughout the country
  • Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, executive chairman of YTL Corporation Berhad, accepts the Malaysia Real Estate Personality of the Year award

KUALA LUMPUR, Malaysia — 29 November 2022

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading PropTech company, today unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools.

The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across 55 titles, as chosen by the country’s most trusted property advisors and the public.

Mah Sing Group Berhad won Developer of the Year, the highest honour of 2022. The company also won titles for Best Affordable Homes Developer and Best Developer (Central Malaysia), in addition to Special Recognitions for CSR and in ESG and Sustainable Design and Construction.

Hailed the Best Developer (Southern Malaysia), Matrix Concepts Holdings Berhad also won three Special Recognitions as well as two titles for Bandar Sri Sendayan: Best Mega Township Development and Township Development of the Year. Clover @ Resort Residence, a new residential project by the company, won Best Lifestyle Landed Development.

WM Senibong Sdn Bhd was named Best Township Developer, supported by wins for multiple projects: Emerald Business Park, [email protected]; Lagoon Residences; and Ruby Terrace, [email protected].

Other winners in the Developer categories were GuocoLand (Malaysia) Berhad, named Best Lifestyle Developer and honoured for the project Emerald 9; KCC Realty (Best Commercial Developer), also honoured for the project RiverCity Sky Residence; and CPI Land (Best Boutique Developer).

KL Wellness City Sdn Bhd received the title of Consumer Game Changer while SkyWorld Development Bhd was honoured as Visionary Developer. 

Sime Darby Property was another big winner at the celebration. The company garnered wins for multiple projects, namely East57, KL East, which won two titles that include Landed Development of the Year; Lot 15, Subang Jaya City Centre (SJCC); The Residences III at The Glades, Putra Heights; The Serenade at The Glades, Putra Heights; and XME Business Park, Nilai Impian. 

An independent panel of trusted leaders and experts provided their unbiased perspectives of the competitors during the Live Judging Days in July 2022. The panel of judges consist of Dato’ Sr. Lau Wai Seang, chairperson of the Awards in Malaysia and president of the Royal Institution of Surveyors Malaysia (RISM): 2017-2018; Chris Tia, vice-chairperson of the Awards in Malaysia and principal and managing partner of Tia & Noordin; Blaine Robert, CEO and creative director, Blaine Robert Design; Christophe Vicic, chief growth officer, JLL Property Services (M) Sdn Bhd; Dr. Daniele Gambero, president, Malaysia Proptech Association (MPA); Ho Chin Soon, chairman, Ho Chin Soon Research; Sr Engad Ravana, principal, ER Consult; Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022; Sr Low Han Hoe, senior manager, Investment & Agency, Nawawi Tie Leung Real Estate Consultants Sdn Bhd; Sr Michael Kong Kok Kee, president,​ Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS); Ar. Mustapha Kamal Zulkarnain, founder and principal, Arkitek Mustapha Kamal; Datin TPr. Hjh Noraida Saludin, president, Malaysian Institute of Planners (MIP); Ir. Ong Ching Loon, immediate past president, The Institution of Engineers Malaysia (IEM):2022-2024; Ar Dr Serina Hijjas, vice president, Malaysia Green Building Confederation (MGBC); Assoc. Prof. LAr. Dr. Suhardi Maulan, president, Institute of Landscape Architects Malaysia (ILAM); Tan Hui Yin, partner, Tan Chap & Associates; and Ir. Dr. Zulhkiple A Bakar, managing director, Perunding ZAB Sdn Bhd, John Ler and Kelvin Chew, international contact partner and managing partner of HLB Ler Lum Chew – HLB Malaysia, respectively, led the third-party team of supervisors who made the selection process as fair, credible and transparent as possible.

Property seekers in Malaysia also had the opportunity to select the 10 finest developers in the country. The People’s Choice Awards, decided by the public, went to CPI Land; GuocoLand (Malaysia) Berhad; Mah Sing Group Berhad; Matrix Concepts Holdings Berhad; Sime Darby Property; Sunrise MCL Land Sdn Bhd; Sunway Iskandar Sdn Bhd; Tropicana Corporation Berhad; UDA Holdings Berhad; and WCT Land Sdn Bhd. Results of the People’s Choice Awards were independently verified by PwC Malaysia.

The editorial team of Property Report by PropertyGuru, the official magazine of the Awards, continued their annual tradition of choosing the recipient of the Malaysia Real Estate Personality of the Year award. This year, the prestigious title was awarded to Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, executive chairman of YTL Corporation Berhad.

The combined efforts of Malaysia’s leading property marketplaces, PropertyGuru.com.my and iProperty.com.my, made the 2022 gala celebration possible. Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “Congratulations to the winners of our Awards in Malaysia. We’re glad to have seen two strong brands, PropertyGuru Malaysia and iProperty.com.my, come together and set a single benchmark of excellence in real estate development and design. The union of Malaysia’s leading property marketplaces has truly given us an opportunity to create what’s next in serving the nation’s property seekers better.”

Major winners from Malaysia now qualify to vie for the Best in Asia honours at the 17th PropertyGuru Asia Property Awards Grand Final, which will be hosted in Bangkok on 9 December. The 2022 PropertyGuru Asia Real Estate Summit, the thought leadership platform of PropertyGuru Group, will take place on 8 December.

The 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my is supported by gold sponsor Kohler; silver sponsor Desjoyaux Pools; official portal partners PropertyGuru.com.my and iProperty.com.my; official venue The Majestic Hotel Kuala Lumpur; official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Klareco Communications; media partners Kopiandproperty.com, Luxuo, Penang Property Talk, Palace, The Grid, Top 10 of Malaysia, and Yacht Style; official ESG partner Baan Dek Foundation; People’s Choice Awards official voting partner PwC Malaysia; and official supervisor HLB.

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

 

FULL LIST OF WINNERS

9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my 2022

DEVELOPER AWARDS

Developer of the Year

WINNER: Mah Sing Group Berhad

Best Developer (Southern Malaysia)

WINNER: Matrix Concepts Holdings Berhad

Best Developer (Central Malaysia)

WINNER: Mah Sing Group Berhad

Best Township Developer

WINNER: WM Senibong Sdn Bhd

Best Commercial Developer

WINNER: KCC Realty

Best Lifestyle Developer

WINNER: GuocoLand (Malaysia) Berhad

Best Boutique Developer

WINNER: CPI Land

Best Affordable Homes Developer

WINNER: Mah Sing Group Berhad

 

DEVELOPMENT AWARDS

Best Mega Township Development

WINNER: Bandar Sri Sendayan by Matrix Concepts Holdings Berhad

Best Mid Size Township Development

WINNER: Tamansari by BRDB   

Best Waterfront High-Rise Development         

WINNER: E’Island Lake Haven Residence by GBG Property           

Best Waterfront Landed Development

WINNER: The Residences III at The Glades, Putra Heights by Sime Darby Property

Best Smart Home Development

WINNER: One East @ Damansara by CK East Group

Best Integrated Work From Home Development

WINNER: Pisonia Ville by UDA Holdings Berhad

Best Investment High-Rise Development

WINNER: Beacon Executive Suites by Aspen Group          

Best Lifestyle High-Rise Development

WINNER: Parc3 by Eupe Corporation Berhad

Best Lifestyle Landed Development

WINNER: Clover @ Resort Residence by Matrix Concepts Holdings Berhad

Best Connectivity Landed Development

WINNER: Senadi Hills by UEM Sunrise Berhad

Best Secure High-Rise Development

WINNER: 38 Bangsar Residensi by UDA Holdings Berhad

Best Value Waterfront High-Rise Development

WINNER: Residensi Bintawa Riverfront by Perbadanan PR1MA Malaysia

Best Value Landed Development

WINNER: Arden Hill by Sunrise MCL Land Sdn Bhd

Best Value High-Rise Development     

WINNER: Vierra Residence @ Kinrara, KL by Fajarbaru Land

Best Completed High-Rise Development

WINNER: Lot 15, Subang Jaya City Centre (SJCC) by Sime Darby Property

Best Luxury High-Rise Development (Central)

WINNER: Conlay by Eastern & Oriental Berhad 

Best High End Landed Development (Central)

WINNER: East57, KL East by Sime Darby Property

Best High End Low-Rise Development (Central)

WINNER: The Serenade at The Glades, Putra Heights by Sime Darby Property

Best Mid End High-Rise Development (Central)

WINNER: The Pulse Residence by BRDB

Best Mass Market High-Rise Development (Central)

WINNER: J.Satine by Gandingan Jakel

Best Mass Market Landed Development (Central)

WINNER: Mutiara Hills, Semenyih by Boustead Properties Berhad             

Best Township Development (Southern)

WINNER: Taman Sutera Utama by Tanah Sutera Development Sdn Bhd

Best Luxury Landed Development (Southern)

WINNER: The Woodlands by Horizon Hills

Best High End Landed Development (Southern)

WINNER: Lagoon Residences by WM Senibong Sdn Bhd

Best Mass Market High-Rise Development (Southern)

WINNER: Residensi Larkin Indah by Perbadanan PR1MA Malaysia

Best Mass Market Landed Development (Southern)

WINNER: Ruby Terrace, [email protected] by WM Senibong Sdn Bhd

Best Mass Market High-Rise Development (Northern)

WINNER: Residensi Pauh Permai by Perbadanan PR1MA Malaysia

Best Mass Market Landed Development (Northern)

WINNER: Taman Tualang Sekah Fasa 2 by Mimbar Nusantara Holdings Sdn. Bhd.             

Best Mixed Use Development

WINNER: KL Wellness City by KL Wellness City Sdn. Bhd.

Best Industrial Development   

WINNER: XME Business Park, Nilai Impian by Sime Darby Property

Best Smart Building Development  

WINNER: Emerald 9 by GuocoLand (Malaysia) Berhad

 

DESIGN AWARDS

Best High-Rise Architectural Design

WINNER: RiverCity Sky Residence by KCC Realty

Best Low-Rise Architectural Design

WINNER: One East @ Damansara by CK East Group

Best Landed Architectural Design

WINNER: Seri Austin Heights by Aksi Sepakat Sdn Bhd 

Best Commercial Landscape Architectural Design

WINNER: Emerald Business Park, [email protected] by WM Senibong Sdn Bhd

Best Retail Architectural Design

WINNER: Sutera Square by Tanah Sutera Development Sdn Bhd

Best Co-Working Space

WINNER: Infinity8 Reserve JBCC by Infinity Group

 

DEVELOPMENT OF THE YEAR AWARDS

Township Development of the Year

WINNER: Bandar Sri Sendayan by Matrix Concepts Holdings Berhad

Landed Development of the Year

WINNER: East57, KL East by Sime Darby Property

High-Rise Development of the Year    

WINNER: Parc3 by Eupe Corporation Berhad      

 

PORTAL AWARDS

Consumer Game Changer

WINNER: KL Wellness City Sdn Bhd

Visionary Developer

WINNER: SkyWorld Development Bhd

 

SPECIAL AWARDS

Special Recognition for CSR      

WINNER: Lagenda Properties Berhad

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

Special Recognition in ESG

WINNER: GuocoLand (Malaysia) Berhad

WINNER: Lagenda Properties Berhad

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

Special Recognition in Sustainable Designand Construction

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

 

PEOPLE’S CHOICE AWARDS

WINNER: CPI Land

WINNER: GuocoLand (Malaysia) Berhad

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

WINNER: Sime Darby Property

WINNER: Sunrise MCL Land Sdn Bhd

WINNER: Sunway Iskandar Sdn Bhd

WINNER: Tropicana Corporation Berhad

WINNER: UDA Holdings Berhad

WINNER: WCT Land Sdn Bhd

 

PUBLISHER’S CHOICE

Malaysia Real Estate Personality of the Year

WINNER: Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, Executive Chairman, YTL Corporation Berhad         

 

–END–

 

NOTE: Use of the PropertyGuru Asia Awards Malaysia with iProperty.com.my logo is limited to the publication of this article only.

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected]

 

Sales & Nominations:

Samuel Poon

Asst. Manager (Malaysia & China)

M: +60 16 411 4361

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

Does not include impact of Sendhelper acquisition in October 2022.

Based on Google Analytics data between April 2022 and September 2022.

Based on data between April 2022 and September 2022.

Extensive projects, multifaceted developers triumph at the 17th PropertyGuru Thailand Property Awards

DIVERSE, DESIRABLE DEVELOPMENTS FROM COAST TO COUNTRYSIDE HONOURED AT LONG-RUNNING AWARDS PROGRAMME

  • SC Asset wins Best Developer, one of five golden statuettes for the company
  • Several titles presented for the first time, including the Best Mega Mixed Use Development award for One Bangkok by Frasers Property Holdings (Thailand) Co., Ltd. (FPHT)
  • Prof. Dr. Kessara Thanyalakpark, managing director of Sena Development Public Company Limited, accepts the Thailand Real Estate Personality of the Year award

BANGKOK, Thailand — 25 November 2022

A wide array of real estate developers and projects emerged triumphant today from the gala dinner and presentation of the 17th Annual PropertyGuru Thailand Property Awards at The Athenee Hotel, A Luxury Collection Hotel, Bangkok.

The 17th PropertyGuru Thailand Property Awards, presented by Mitsubishi Elevator and supported by IHI and JLL, set the Gold Standard of real estate in 55 categories, giving recognition to diverse segments, niches, and locations across the nation. 

SC Asset won Best Developer, a title the company had last won in 2015. SC Asset garnered a total of five wins, including titles for its projects Reference Sathorn – Wongwianyai, The Gentry Kasetnawamin, and Venue ID Motorway Rama 9.

Frasers Property Holdings (Thailand) Co., Ltd. (FPHT) won the never-before-presented title of Best Mega Mixed Use Development for the integrated district One Bangkok. The large project includes One Bangkok Office Tower 4, which won the Best Office Development title.

Frasers Property Industrial (Thailand) Company Limited won Best Industrial Development for the Havi Thailand Cold Chain and Food Distribution Center while the company itself was honoured with the Special Recognition in Sustainable Design and Construction.

Former Best Developer award winner Magnolia Quality Development Corporation Limited garnered two titles, including the coveted Best Condo Development (Thailand) award, for The Aspen Tree at The Forestias. Whizdom the Forestias by MQDC Town Royal Place Limited was honoured Best Pet-Friendly Residential Development.

The Best Housing Development (Thailand) title went to Aquella Lakeside Villas in one of three wins for Paradise Group. Fynn Development Co., Ltd also gained three wins, including the Best Boutique Developer award, plus titles for the project Fynn Asoke.

Other winners in the Developer categories include Comfort Max, the first recipient of the Best Mini Factory Developer title, and Aestima Asset Company Limited, recipient of this year’s Best Breakthrough Developer title.

Outstanding real estate companies from the countryside to the coast were honoured at the gala celebration. Tropical Life Real Estate was named Best Developer (Samui) while Pearl Island Property Co., Ltd. won the Best Developer (Phuket) title. The Riviera Group won the Best Developer (Eastern Seaboard) title.

Asst. Prof. Dr. Kessara Thanyalakpark, managing director of Sena Development Public Company Limited, received the Thailand Real Estate Personality of the Year award. The editors of Property Report by PropertyGuru, the official magazine of the Awards, selected her to receive the award for her innovations and initiatives in the space of renewable energy and carbon neutrality.

Accepting her award, Asst. Prof. Dr. Kessara Thanyalakpark encouraged peers to make climate action a priority in their endeavours. She said: “On behalf of Sena Development, we would like to thank you, PropertyGuru, the organiser of the Thailand Property Awards. This is the most respected and longest-running real estate awards programme in the industry. This prestigious award helps raise the bar for real estate to provide quality housing to consumers, ensuring quality of life and environmental protection. PropertyGuru is the leading resource for assisting home buyers in gaining insight and assisting domestic and international investors in making decisions. We are so honoured to receive this award and would like to take this opportunity to congratulate all the other companies that received awards as well.”

Hari V Krishnan, CEO and managing director of PropertyGuru Group, said: “PropertyGuru has deepened its commitment to the Thailand property market over the last year as part of the company’s journey towards becoming Southeast Asia’s Trust Platform. As we continue to explore the best proptech solutions for Thailand, the Awards remain the benchmarks of excellence for the country’s developers and projects. In this, the 17th year of the PropertyGuru Thailand Property Awards, we congratulate all the companies that have created these dream homes and desirable developments.”

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “As part of the region’s most established and respected real estate awards series, the PropertyGuru Thailand Property Awards have recognised industry achievements through numerous market challenges, as well as during periods of impressive economic growth. After 17 years, the Awards still stand as a testament to Thai developers’ determination, and showcase their ability to face challenges head-on, putting the needs of property seekers first. As Thailand emerges from the global pandemic, we are proud to celebrate the strength and resilience of this year’s Winners and Highly Commended awardees.”

The list of award recipients was decided by an independent panel of judges consisting of Suphin Mechuchep, chairperson of the Awards in Thailand and chairperson of JLL Thailand; Chaiyuth Pete Thirangoon, director, Akatan Company Limited; Chaivut Saengaram, Ph.D, managing director, Chuchawal–Royal Haskoning, Dutch Design & Engineers Consulting Firm; Leong Choong Peng, director, Australian Institute of Quantity Surveyors, and advisor, Mentabuild Limited, Consultant Chartered Surveyor; Marciano Birjmohun, director, The Singapore-Thai Chambers of Commerce; Dr. Phongthon Tharachai, CEO, Project Planning Service Public Company Limited; Precha Suphapetiporn, president, Thai Real Estate Sales and Marketing Association; Sasivimol Sinthawanarong, design principal, Jarken Co., Ltd; and Professor Sonthya Vanichvatana, Ph.D, MRICS, associate architect, chairperson of the Department of Real Estate, MSME School of Management and Economics, Assumption University.

The regional panel judges consist of Alan Whitley, principal, Alan Whitley & Associates; Bobby Birt, managing director, Samui Island Realty; Bobby Brooks, founder, director, and advisor director, Bobby Brooks Property Advisor Co. Ltd.; Clayton Wade, managing director, Premier Homes Real Estate; George Willoughby, managing director, Form Realty Thailand; Mesa Wongsida, managing director, North Shore Property Co., Ltd.; Piti Suebwonglee, managing partner, Attorney Expat Pro Law; Robert Krupica, partner, Hughes Krupica; Russ Downing, managing director, Hot Hua Hin Co. Ltd.; and Sirikwan Tan, senior associate, Hughes Krupica Consulting Co., Ltd.

The selection process was made fair, transparent and credible under the supervision of Paul Ashburn, co-managing partner of HLB Thailand, member of HLB International Real Estate Group.

Established in 2005, the PropertyGuru Thailand Property Awards is one of the longest-running real estate awards programmes in Asia. Major winners of the Awards in Thailand qualify for the 17th PropertyGuru Asia Property Awards Grand Final in Bangkok, Thailand on 9 December. The finale of the 2022 awards series takes place after the 2022 edition of the PropertyGuru Asia Real Estate Summit, the thought leadership platform of PropertyGuru, on 8 December.

Organised by Southeast Asia’s leading property technology company, PropertyGuru Group (NYSE: PGRU), the 17th PropertyGuru Thailand Property Awards programme is supported by platinum sponsor Mitsubishi Elevator; gold sponsors IHI and JLL; official portal partner DDproperty.com; official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Infinity Communications; media partners Discover Pattaya, Hot Magazine, Luxuo, Palace, Pattaya Trader, REm, Think of Living, and Yacht Style; official ESG partner Baan Dek Foundation; supporting association Green Building Consulting & Engineering; and official supervisor HLB.

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

 

LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

17th PropertyGuru Thailand Property Awards

DEVELOPER AWARDS

Best Developer

WINNER: SC Asset

Best Developer (Phuket)

WINNER: Pearl Island Property Co., Ltd.

Best Developer (Eastern Seaboard)

WINNER: The Riviera Group 

Best Developer (Samui)

WINNER: Tropical Life Real Estate

HIGHLY COMMENDED: PCC Property Co., Ltd.

Best Boutique Developer

WINNER: Fynn Development Co., Ltd

HIGHLY COMMENDED: Grace House and Property Co., Ltd

Best Breakthrough Developer    

WINNER: Aestima Asset Company Limited 

Best Mini Factory Developer

WINNER: Comfort Max

DEVELOPMENT AWARDS

Best Mega Mixed Use Development

WINNER: One Bangkok by Frasers Property Holdings (Thailand) Co., Ltd. (FPHT)

Best Urban Lifestyle Development

WINNER: Origin Thonglor World by Origin Property

Best Industrial Development

WINNER: Havi Thailand Cold Chain and Food Distribution Center by Frasers Property Industrial (Thailand) Company Limited

Best Office Development

WINNER: One Bangkok Office Tower 4 by Frasers Property Holdings (Thailand) Co., Ltd. (FPHT)

Best Ultra Luxury Condo Development (Bangkok)

WINNER: The Estelle Phrom Phong by Raimon Land

Best High End High Rise Condo Development (Bangkok)

WINNER: One9Five Asoke-Rama9 by TC Development

Best High End Low Rise Condo Development (Bangkok)

WINNER: Fynn Asoke by Fynn Development Co., Ltd

Best Affordable Condo Development (Bangkok)

WINNER: Kave Ava by Assetwise

Best Health and Wellness Development

WINNER: The Aspen Tree at The Forestias by Magnolia Quality Development Corporation Limited

Best Condo Development (Eastern Seaboard) 

WINNER: The Riviera Monaco by The Riviera Group

Best Condo Development (Hua Hin)

WINNER: Vehha by Proud Real Estate Public Company Limited

Best Pet-Friendly Residential Development

WINNER: Whizdom the Forestias by MQDC Town Royal Place Limited

Best Luxury Lifestyle Housing Development (Bangkok)

WINNER: Providence Lane Ekkamai-Ramintra by Sammakorn Plus Company Limited

Best Luxury Housing Development (Bangkok)

WINNER: The Gentry Kasetnawamin by SC Asset

HIGHLY COMMENDED: Grand Bangkok Boulevard Ratchaphruek – Pinklao by SC Asset

HIGHLY COMMENDED: Lake Legend Bangna-Suvarnabhumi by Hongkong Land and Property Perfect PCL

HIGHLY COMMENDED: Monsane Exclusive Villa Ratchaphruek – Pinklao by Siamese Asset Public Company Limited

HIGHLY COMMENDED: Park Heritage Pattanakarn by Sammakorn Plus Company Limited

Best Housing Development (Bangkok)

WINNER: Aerie Srinakarin – Krungthepkreetha by The Nest Property Co., Ltd.

HIGHLY COMMENDED: Baan Klang Muang Classe Sukhumvit 77 by AP (Thailand) Public Company Limited

HIGHLY COMMENDED: The Pearl Residence by Modern House Property Ltd.

HIGHLY COMMENDED: The Rux Ramkhamhaeng-Krungthep Kreetha by Zenex Property Company Limited

Best Smart Home Development

WINNER: Premium Place Mix Nawamin by Premium Place Group

HIGHLY COMMENDED: The Gentry Kasetnawamin by SC Asset

Best Waterfront Housing Development

WINNER: Lake Legend Bangna-Suvarnabhumi by Hongkong Land and Property Perfect PCL

HIGHLY COMMENDED: See by Tropical Life Residence by Tropical Life Real Estate

Best Residential Development (Phang-Nga and Krabi)

WINNER: Aquella Lakeside Villas by Paradise Group

Best Housing Development (Phuket)

WINNER: The Foresta by Botanica Luxury Villas

HIGHLY COMMENDED: Anchan Tropicana by Pearl Island Property Co., Ltd.

Best Residential Development (Samui)

WINNER: Pranee by Tropical Life Residence by Tropical Life Real Estate

HIGHLY COMMENDED: S Cube Seaview Pool Villa by Probuild Samui Development Co., Ltd

Best Residential Development (Koh Phangan)

WINNER: Boho Villas – Hin Kong, Koh Phangan by Boho Villas Co, Ltd.

Best Housing Development (Hua Hin)

WINNER: Banyan Residences Suasana by Banyan Thailand

Best Residential Development (Chiang Mai)

WINNER: Graceland Family Residences (Chiang Mai) by Grace House and Property Co., Ltd

Best Residential Development (Northeast)

WINNER: Jaytiya 2 Private Pool Villas Residence by Jaytiya Property Co., Ltd.

HIGHLY COMMENDED: Arunhills by Arunhome by Coreasia Company Limited

HIGHLY COMMENDED: City Home Grand BR3 by Waraman BR1 Estate Co., Ltd.

Best Wellness Lifestyle Development

WINNER: Amatara Residences Rayong by Grande Asset Hotels and Property Public Company Limited

Best Leisure Facilities Development

WINNER: Aquella Lakeside Villas by Paradise Group

 

DESIGN AWARDS

Best Luxury Condo Architectural Design (Bangkok)

WINNER: Tait Sathorn 12 by Raimon Land

Best High End Condo Architectural Design (Bangkok)

WINNER: One9Five Asoke-Rama9 by TC Development

Best Mid End Condo Architectural Design (Bangkok)

WINNER: Reference Sathorn – Wongwianyai by SC Asset

Best Condo Architectural Design (Phuket)

WINNER: Waterfall Heights, Patong Bay (Phuket) by PropertyStore Thailand Co., Ltd.

Best Luxury Housing Architectural Design (Bangkok)

WINNER: Lake Legend Bangna-Suvarnabhumi by Hongkong Land and Property Perfect PCL

HIGHLY COMMENDED: Park Heritage Pattanakarn by Sammakorn Plus Company Limited

HIGHLY COMMENDED: Providence Lane Ekkamai-Ramintra by Sammakorn Plus Company Limited

Best High End Housing Architectural Design (Bangkok)

WINNER: The City Pinklao-Borom 3 by AP (Thailand) Public Company Limited

HIGHLY COMMENDED: The City Charun-Pinklao by AP (Thailand) Public Company Limited

Best Mid End Housing Architectural Design (Bangkok)

WINNER: Venue ID Motorway Rama 9 by SC Asset

HIGHLY COMMENDED: Aerie Srinakarin – Krungthepkreetha by The Nest Property Co., Ltd.

HIGHLY COMMENDED: Panara Thepharak by Fulcrum Ventures Asia Group

Best Housing Architectural Design (Bangkok)

WINNER: Arkin Vibhavadi by Aestima Asset Company Limited 

HIGHLY COMMENDED: Centro Rama5 – Nakhon In by AP (Thailand) Public Company Limited

HIGHLY COMMENDED: Moden Rama 2 by AP (Thailand) Public Company Limited

Best Luxury Housing Architectural Design (Upcountry)

WINNER: The Valley by Botanica Luxury Villas

HIGHLY COMMENDED: Maison Marina by Boat Pattana

HIGHLY COMMENDED: Zenithy Luxe by Zenithy Development Co., Ltd.

Best Housing Architectural Design (Upcountry)

WINNER: S Cube Seaview Pool Villa by Probuild Samui Development Co., Ltd

HIGHLY COMMENDED: Jaytiya 2 Private Pool Villas Residence by Jaytiya Property Co., Ltd.

Best Villa Architectural Design (Chiang Mai)

WINNER: Palm Villa, Chiangmai by Palm Villa

Best Condo Interior Design

WINNER: 125 Sathorn by PMT Property Co., Ltd.

HIGHLY COMMENDED: Waterfall Heights, Patong Bay (Phuket) by PropertyStore Thailand Co., Ltd.

Best Housing Interior Design

WINNER: Aerie Srinakarin – Krungthepkreetha by The Nest Property Co., Ltd.

HIGHLY COMMENDED: Baan Kon Sode (Venue Rama 9) by SC Asset

Best Luxury Condo Landscape Architectural Design 

WINNER: 125 Sathorn by PMT Property Co., Ltd.

Best High End Condo Landscape Architectural Design 

WINNER: Fynn Asoke by Fynn Development Co., Ltd

HIGHLY COMMENDED: One9Five Asoke-Rama9 by TC Development

Best Condo Landscape Architectural Design (Phuket)

WINNER: Waterfall Heights, Patong Bay (Phuket) by PropertyStore Thailand Co., Ltd.

Best Housing Landscape Architectural Design

WINNER: Jaytiya 2 Private Pool Villas Residence by Jaytiya Property Co., Ltd.

 

BEST OF THAILAND AWARDS

Best Condo Development (Thailand)

WINNER: The Aspen Tree at The Forestias by Magnolia Quality Development Corporation Limited

Best Housing Development (Thailand)

WINNER: Aquella Lakeside Villas by Paradise Group

 

SPECIAL AWARDS

Special Recognition in ESG 

WINNER: SC Asset

Special Recognition in Sustainable Design  and Construction 

WINNER: Frasers Property Industrial (Thailand) Company Limited

 

PUBLISHER’S CHOICE

Thailand Real Estate Personality of the Year

WINNER: Asst. Prof. Dr. Kessara Thanyalakpark, Managing Director, Sena Development Public Company Limited

 

–END–

 

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

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Piyachanok Raungpaka (Pang)

Media Relations & Marketing Services Executive

M: +66 94 887 5163

E: [email protected] 

 

Sales & Nominations:

Kritchaorn Rattanapan

M: +66 95 616 6461 E: [email protected]

Rattanarat Srisangsuk

M: +66 81 913 0599 E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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, FastKeyDataSenseValueNetAwards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.comPropertyGuru Group on LinkedIn.

 

1 Based on SimilarWeb data between April 2022 and September 2022.

2 The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

6 Does not include impact of Sendhelper acquisition in October 2022.

7 Based on Google Analytics data between April 2022 and September 2022.

8 Based on data between April 2022 and September 2022.

PropertyGuru Reports Third Quarter 2022 Results

Revenues Grow 47% Year Over Year in the Third Quarter and 44% in First Nine Months

  • Total revenue of S$34.6 million in the third quarter 2022 and S$95.8 million in the first nine months of 2022
  • Adjusted EBITDA was S$5.7 million in the third quarter 2022 and S$9.6 million in the first nine months of 2022

Singapore – November 21, 2022 – PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1, property technology (“PropTech”) company, today announced financial results for the quarter ended September 30, 20222. Revenue of S$34.6 million in the third quarter 2022 increased 47% year over year. Net loss was S$7.4 million in the quarter and Adjusted EBITDA3 was a positive S$5.7 million. This compares to a net loss of S$9.6 million4 and Adjusted EBITDA loss of S$1.5 million4 in the prior year period. 

Management Commentary

Hari_Thumbnail

Hari V. Krishnan, Chief Executive Officer and Managing Director, said “Our third quarter results illustrate that PropertyGuru has been able to produce strong business performance even as some of our core markets have begun to face headwinds from the challenging economic conditions being experienced around the globe.”

“In the third quarter, we deployed more products into our core markets. Importantly, in October we welcomed our first post-listing acquisition, Singapore-based home services technology company Sendhelper, into the PropertyGuru family,” Mr. Krishnan continued. “This continued commitment to our mission and expansion of our value proposition will allow us to create even more value for our customers as they adapt to the changing environment. We recognize that our ongoing investment in innovation will help our customers successfully navigate the near-term uncertainty, knowing that good companies and good products show their true value when times are challenging.”

Joe Dische, Chief Financial Officer, added “In the third quarter, PropertyGuru delivered another strong quarter of results, with revenues continuing their growth trajectory, up 47% year-over-year, while expense-related diligence helped deliver improved Adjusted EBITDA.  We remain encouraged by our market penetration as we enter the final quarter of 2022, although we understand that near-term market headwinds resulting from global inflationary pressures and subsequent governmental counteractions will need to be closely monitored. While we are confident in the long-term fundamentals of our business and the growth potential that it offers, we understand that the current environment requires us to be especially diligent in the way we currently operate our business on a day-to-day basis.”  

Financial Highlights – Third Quarter 2022

    • Total revenue of S$34.6 million increased 47% year over year, with consistent growth in all markets and segments.
    • Marketplaces revenues increased by 48% year over year to S$33.3 million, as prior year investments continue to deliver value in the face of rising macro headwinds.
      • Singapore Marketplaces revenue increased 28% to S$18.1 million. Quarterly Average Revenue Per Agent (“ARPA”) of S$1,042 rose 24% year over year through greater yield and continued product penetration. We had a total of 15,351 agents with a renewal rate of 87% in the quarter, reflecting a strong local property market.
      • Malaysia Marketplaces revenue increased 49% to S$6.5 million from S$4.4 million in the prior year period, benefiting from the mid-quarter acquisition of the iProperty business in August 2021.
      • Vietnam Marketplaces revenue increased by 161% to S$6.2 million from S$2.4 million in the prior year period, as the local economy expanded following COVID-related lockdowns. The number of listings was 04 million in the quarter, up 165% from the prior year quarter, and the average revenue per listing (“ARPL”) was S$2.91, up 2.5% from the prior year quarter.
    • In October 2022, the Company acquired Sendhelper, a Singapore home services technology company. The transaction not only represents PropertyGuru’s entry into the home services industry, but also another step in becoming the single source of property and financial information for Southeast Asian property seekers, sellers, owners, developers, and agents.
    • At quarter-end, cash and cash equivalents was S$339.6 million.

Information regarding our operating segments is presented below.

*Corporate consists of headquarters costs, which are not allocated to the segments. Headquarters costs are costs of PropertyGuru’s personnel that are based predominantly in its Singapore headquarters and certain key personnel in Malaysia and Thailand, and that service PropertyGuru’s group as a whole, consisting of its executive officers and its group marketing, technology, product, human resources, finance and operations teams, as well as platform IT costs (hosting, licensing, domain fees), workplace facilities costs, corporate public relations retainer costs and professional fees such as audit, legal and consultant fees. Certain elements of marketing expenses previously allocated to Corporate in the first quarter 2022 have since been moved to business segments in line with changes to internal reporting lines.

Strong Category Leadership Drives Long-Term Growth Opportunities

As of September 30, 2022, PropertyGuru continued its Engagement Market Share5 leadership in Singapore, Vietnam, Malaysia, and Thailand.

Singapore: 81 % – 5.1x the closest peer                Thailand: 60% – 2.7x the closest peer

Vietnam: 77% – 3.5x the closest peer                    Indonesia: 21% – 0.3x the closest peer

Malaysia: 94% – 17.4x the closest peer

Full Year 2022 Outlook

The Company anticipates full year 2022 revenues of between S$134.0 million6  and S$138.0 million6 as a result of greater fiscal policy uncertainty stemming from rising global inflationary pressures, near-term actions by the Vietnamese government to limit access to credit, and the recent Malaysian election. The Singapore property market remains strong. The Company also expects Adjusted EBITDA to be between S$8.0 million6 and S$12.0 million6, as management operates to balance the current environment with longer-term business model goals.  

Conference Call and Webcast Details

The Company will host a conference call and webcast on Monday, November 21, 2022, at 8:00 a.m. Eastern Standard Time / 9:00 p.m. Singapore Standard Time to discuss the Company’s financial results and outlook. The PropertyGuru (NYSE: PGRU) Q3 2022 Earnings call can be accessed by registering at:

https://propertyguru.zoom.us/webinar/register/WN_YHYlWc01RhCNFL-6OshIBg

An archived version will be available on the Company’s Investor Relations website after the call at https://investors.propertygurugroup.com/news-and-events/events-and-presentations/default.aspx

About PropertyGuru Group

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 44 million property seekers7 to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings8, 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.comPropertyGuru Group on LinkedIn.

1 Based on SimilarWeb data between April 2022 and September 2022.

2 The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

3 Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

4 Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

5 Based on SimilarWeb data between April 2022 and September 2022.

6 Does not include impact of Sendhelper acquisition in October 2022.

7 Based on Google Analytics data between April 2022 and September 2022.

8 Based on data between April 2022 and September 2022.

Contact Information:

Media
PropertyGuru Group
Sheena Chopra
+65 9247 5651
[email protected]
Investor
PropertyGuru Group
Nat Otis
(860) 906-7860
[email protected]
The Blueshirt Group
Gary Dvorchak
[email protected]

Key Performance Metrics and Non-IFRS Financial Measures

Our priority markets comprise Singapore, Vietnam, Malaysia and Thailand. Our core markets comprise Singapore, Vietnam, Malaysia, Thailand and Indonesia.

Engagement Market Share is the average monthly engagement for websites owned by PropertyGuru as compared to average monthly engagement for a basket of peers calculated over the relevant period. Engagement is calculated as the number of visits to a website during a period multiplied by the total amount of time spent on that website for the same period, in each case based on data from SimilarWeb. Engagement Market Share is based on the prevailing SimilarWeb algorithm on the date the Company first filed or furnished such information to the U.S. Securities and Exchange Commission (“SEC”).

Number of agents in all core markets except Vietnam is calculated for a period as the sum of the number of agents with a valid 12-month subscription package at the end of each month in a period divided by the number of months in such period. In Vietnam, number of agents is calculated as the number of agents who credit money into their account within the relevant period. When counting in aggregate across the PropertyGuru group, in markets where PropertyGuru operates more than one property portal, an agent with subscriptions to more than one portal is only counted once.

Number of real estate listings is calculated as the number of listings created during the month for Vietnam and the average number of monthly listings available in the period for other markets.

Average revenue per agent (“ARPA”) is calculated as agent revenue for a period divided by the average number of agents in that period, which is calculated as the sum of the number of total agents at the end of each month in a period divided by the number of months in such period.

Average revenue per listing (“ARPL”) is calculated as revenue for a period divided by the number of listings in such period.

Renewal rate is calculated as the number of agents that successfully renew their annual package during a period divided by the number of agents whose packages are up for renewal (at the end of their twelve-month subscription) during that period.

This press release also includes references to non-IFRS financial measures, namely Adjusted EBITDA and Adjusted EBITDA Margin. PropertyGuru uses these measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. PropertyGuru believes that non-IFRS information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance and may assist in comparisons with other companies to the extent that such other companies use similar non-IFRS measures to supplement their IFRS or GAAP results. These non-IFRS measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with IFRS, and may be different from similarly titled non-IFRS measures used by other companies. Accordingly, non-IFRS measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of other IFRS financial measures, such as net loss and loss before income tax.Adjusted EBITDA is a non-IFRS financial measure defined as net loss for year/period adjusted for changes in fair value of preferred shares, warrant liability and embedded derivatives, finance costs, depreciation and amortization, expense, tax expenses or credits, impairments when the impairment is the result of an isolated, non-recurring events, share grant and option expenses, loss on disposal of plant and equipment and intangible assets, currency translation loss, business acquisition transaction and integration costs, legal and professional expenses incurred for IPO, share listing expenses and on-going costs of a listed entity. Adjusted EBITDA Margin is defined as Adjusted EBITDA as a percentage of revenue.

A reconciliation of net loss to Adjusted EBITDA is provided as follows:

Forward-Looking Statements

Forward-looking statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1955. These statements include statements regarding our future results of operations and financial position, planned products and services, business strategy and plans, objectives of management for future operations of PropertyGuru, market size and growth opportunities, competitive position and technological and market trends and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; competitive pressures in and any disruption to the industry in which PropertyGuru and its subsidiaries (the “Group”) operates; the Group’s ability to achieve profitability despite a history of losses; the Group’s ability to implement its growth strategies and manage its growth; customers of the Group continuing to make valuable contributions to its platform; the Group’s ability to meet consumer expectations; the success of the Group’s new product or service offerings; the Group’s ability to produce accurate forecasts of its operating and financial results; the Group’s ability to attract traffic to its websites; the Group’s ability to assess property values accurately; the Group’s internal controls; the impact of rising inflation and interest rates on the Group’s business, real estate markets and the economy in general; the impact of government and regulatory policies on real estate or credit markets in the countries in which the Group operates; the war in Ukraine and escalating geopolitical tensions as a result of Russia’s invasion of Ukraine; fluctuations in foreign currency exchange rates; the Group’s ability to raise capital; media coverage of the Group; the Group’s ability to obtain insurance coverage; changes in the regulatory environments (such as anti-trust laws, foreign ownership restrictions and tax regimes) of the countries in which the Group operates; general economic conditions in the countries in which the Group operates; political instability in the jurisdictions in which the Group operates; the Group’s ability to attract and retain management and skilled employees; the impact of the COVID-19 pandemic on the business of the Group; the Group’s ability to integrate newly acquired businesses or companies and the success of the Group’s strategic investments and acquisitions; changes in the Group’s relationship with its current customers, suppliers and service providers; disruptions to information technology systems and networks; the Group’s ability to grow and protect its brand and the Group’s reputation; the Group’s ability to protect its intellectual property; changes in regulation and other contingencies; the Group’s ability to achieve tax efficiencies of its corporate structure and intercompany arrangements; potential and future litigation that the Group may be involved in; unanticipated losses, write-downs or write-offs; restructuring and impairment or other charges, taxes or other liabilities that may be incurred or required subsequent to, or in connection with, the consummation of the Group’s completed business combination; technological advancements in the Group’s industry; and other risks discussed in our filings with the SEC.

All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by PropertyGuru or any other person that the events or circumstances described in such statement are material. Undue reliance should not be placed upon the forward-looking statements.

Industry and Market Data

This press release contains information, estimates and other statistical data derived from third party sources and/or industry or general publications, including estimated insights from SimilarWeb and Google Analytics. Such information involves a number of assumptions and limitations, and you are cautioned not to place undue weight on such estimates. PropertyGuru has not independently verified such third-party information, and makes no representation as to the accuracy of such third-party information.

PROPERTYGURU GROUP LIMITED AND ITS SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)

PROPERTYGURU GROUP LIMITED AND ITS SUBSIDIARIES UNAUDITED CONDSOLIDATED BALANCE SHEETS

PROPERTYGURU GROUP LIMITED AND ITS SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS

*Less than 1,000

Elite pool of award-winning developers to converge in Bangkok for 17th PropertyGuru Asia Property Awards Grand Final

COUNTRY WINNERS FROM 13 DYNAMIC PROPERTY MARKETS COMPETE TO BE SHOWCASED AS THE BEST IN ASIA TO INVESTORS, CONSUMERS ACROSS THE REGION

  • Country winners from the PropertyGuru Asia Property Awards’ series of in-person and virtual gala celebrations in 2022 will be at The Athenee Hotel, a Luxury Collection Hotel, Bangkok on 9 December
  • Candra Ciputra, CEO of Ciputra Group and president director of PT Ciputra Development Tbk, to receive the PropertyGuru Icon award

BANGKOK, Thailand — 18 November 2022

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, announced today the marks of excellence that will be presented at the 17th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Leading Real Estate Companies of the World®, on 9 December in Bangkok.

Forty-seven regional categories, distinguishing the ‘Best in Asia’ across various segments and niches, will be presented at the finale of the 2022 PropertyGuru Asia Property Awards series. Country winners, representing major award recipients of the series, will be honoured in each regional category.

In addition to these categories, the PropertyGuru Icon Award, whose recipient is decided by the editorial team of Property Report by PropertyGuru, the official magazine of the Awards, will be presented to Candra Ciputra, CEO of Ciputra Group and president director of PT Ciputra Development Tbk. The PropertyGuru Icon Award is given to a previous recipient of the Real Estate Personality of the Year award, also a title decided by the editorial team. Ciputra had won the Indonesia Real Estate Personality of the Year award in 2015.

The award-winning companies and projects shortlisted as nominees to the Grand Final will compete for nine Developer titles; 24 Development titles; and 14 Design titles. Contenders have been selected from the major winners of the PropertyGuru Asia Property Awards’ series of celebrations this year in Singapore, Malaysia, Indonesia, Thailand, Vietnam, Cambodia, the Philippines, Mainland China, Hong Kong, Macau, Greater Niseko (Japan), India, and Australia.

The 17th PropertyGuru Asia Property Awards Grand Final, to be held at The Athenee Hotel, a Luxury Collection Hotel, Bangkok, marks the full return of the black-tie gala dinner and awards presentation, following a successful virtual gala edition in 2021. The 2022 Grand Final will be streamed live on AsiaPropertyAwards.com as well as the programme’s official Facebook and YouTube channels.

The 17th PropertyGuru Asia Property Awards Grand Final is part of the series of events known as PropertyGuru Week. It kicks off with the ninth edition of the PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) on 7 December, followed on 8 December by the latest edition of the PropertyGuru Asia Real Estate Summit. The thought leadership platform of PropertyGuru features a high-calibre line-up of speakers and presenters on a wide variety of topics themed around ‘Adaptive Reinvention.’

The country winners shortlisted as nominees to the Grand Final were selected by an independent jury consisting of head judges of participating markets in the Awards: Thien Duong, chairperson of the Grand Final and general director, Group GSA (Vietnam); Amit Khanna, managing director, Phoenix Advisers (India); Bill Barnett, founder and managing director, C9 Hotelworks (Greater Niseko); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Dato’ Sr. Lau Wai Seang, president, Royal Institution of Surveyors ​Malaysia (RISM): 2017-2018 (Malaysia); Kristin Thorsteins, head of partnership growth for APAC at IWG PLC (Singapore); Lui Violanti, regional manager for Western Australia, Inhabit Group (Australia); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (Mainland China, Hong Kong and Macau); Sorn Seap, executive vice president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, chairperson, JLL Thailand (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).

HLB, the leading international accounting and advisory firm, upheld fairness, transparency and credibility throughout all points of the selection process, under the leadership of Paul Ashburn, HLB International Real Estate Group.

Since it was established in Thailand in 2005, the PropertyGuru Asia Property Awards programme has expanded over the years to 18 property markets. Through its series of in-person and virtual gala celebrations, the PropertyGuru Asia Property Awards programme has provided an international platform for excellent real estate developers, architects, and interior designers across Asia Pacific. The programme therefore connects awardees to a wide pool of investors, consumers, and agents, as well as the diaspora, throughout the region and beyond.

Organised by PropertyGuru Group (NYSE: PGRU), the 17th PropertyGuru Asia Property Awards Grand Final is supported by platinum sponsor Kohler; gold sponsor Leading Real Estate Companies of the World®; official portal partner PropertyGuru; official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Artemis Associates; official ESG partner Baan Dek Foundation; official charity partner Liter of Light; supporting partners IFC – Building Resilience Index, IFC – Excellence in Design for Greater Efficiencies, and REHDA Institute; supporting associations EuroCham Cambodia, Global Design Awards Lab, Green Building Consulting & Engineering, Niseko Tourism, Singapore Estate Agents Association, and Singapore Green Building Council; and official supervisor HLB.

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

 

The Winners in these award categories will be presented at the gala dinner and ceremony on 9 December 2022:

DEVELOPER AWARDS

  • Best Developer(Asia) 
  • Best Luxury Developer (Asia) 
  • Best Mixed Use Developer (Asia) 
  • Best Industrial Developer (Asia) 
  • Best Hospitality Developer (Asia)
  • Best Lifestyle Developer (Asia) 
  • Best Breakthrough Developer (Asia) 
  • Best Sustainable Developer (Asia) 
  • Best Boutique Developer(Asia) 

DEVELOPMENT AWARDS

  • Best Township Development (Asia) 
  • Best Mega Mixed Use Development (Asia) 
  • Best Landmark Mixed Use Development (Asia) 
  • Best Mixed Use Development (Asia) 
  • Best Condo Development (Asia)
  • Best Housing/Landed Development (Asia)  
  • Best Completed Condo Development (Asia)
  • Best Completed Housing/Landed Development (Asia)  
  • Best Connectivity Condo Development (Asia)
  • Best Connectivity Housing/Landed Development (Asia)  
  • Best Waterfront Condo Development (Asia)
  • Best Waterfront Housing/Landed Development (Asia)  
  • Best Branded Residential Development (Asia)
  • Best Eco Friendly Housing/Landed Development (Asia)
  • Best Integrated Work From Home Development (Asia)
  • Best Hotel Development (Asia) 
  • Best Industrial Development (Asia) 
  • Best Office Development (Asia) 
  • Best Retail Development (Asia) 
  • Best Smart Building Development (Asia)
  • Best Health and Wellness Development (Asia)
  • Best Green Development (Asia) 
  • Best Eco Friendly Commercial Development (Asia)
  • Best Green Industrial Development (Asia) 

DESIGN AWARDS

  • Best Township Masterplan Design (Asia) 
  • Best Mixed Use Architectural Design (Asia)
  • Best Condo Architectural Design(Asia) 
  • Best Housing/Landed Architectural Design(Asia) 
  • Best Hospitality Architectural Design(Asia) 
  • Best Office Architectural Design(Asia) 
  • Best Retail Architectural Design(Asia) 
  • Best Condo Interior Design (Asia)   
  • Best Housing/Landed Interior Design(Asia) 
  • Best Hospitality Interior Design(Asia) 
  • Best Condo Landscape Architectural Design (Asia)
  • Best Housing/Landed Landscape Architectural Design (Asia)
  • Best Commercial Landscape Architectural Design (Asia)
  • Best Co Working Space (Asia)

PUBLISHER’S CHOICE

  • PropertyGuru Icon Award

 

–END–

 

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

 

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino

Head of Brand & Marketing Services

M: +66 92 954 4154

E: [email protected]  

 

Sponsorships:

Kanittha Srithongsuk

Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: [email protected]    

Media & Partnerships:

Nate Dacua

Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: [email protected] 

 

Sales & Nominations:

Udomluk Suwan

Sales Director

M: +66 87 699 4433

E: [email protected]

 

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 2022, 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 2022. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru Group is Southeast Asia’s leading* property technology company, and the preferred destination for over 38 million property seekers# to find their dream home, every month. PropertyGuru and its group companies empower property seekers with more than 3.3 million real estate listings, 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 2007 and has helped to drive the Singapore property market online and has made property search transparent for the property seeker. Over the decade, the Group has grown into a high-growth technology company with a robust portfolio of leading property portals across its core markets company; award-winning mobile apps; a high quality developer sales enablement platform, FastKey; mortgage marketplace PropertyGuru Finance; and a host of other property offerings including Awards, events and publications across Asia.

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

* In terms of Engagement Market Share based on SimilarWeb data.

# Based on Google Analytics data between July 2021 and December 2021