Biggest Property Awards Launches with Resurgent Optimism in the Real Estate Market

PropertyGuru, Southeast Asia’s leading property technology company has launched its 10th edition of the Philippines Property Awards, presented by Kohler and supported by Boysen Paints. The event will be chaired by Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc.

As the real estate market adapts to the next normal with cautious optimism, the 10th PropertyGuru Philippines Property Awards program is now open to entries from eligible developers and projects as well as nominations from the public.

The exclusive event set on October 7, 2022, at the Fairmont Makati will be live-streamed on digital platforms, including AsiaPropertyAwards.com, extending the program’s reach to consumers and agents throughout Asia Pacific.

The announcement of the return of the program’s in-person gala presentation comes as the archipelago eases restrictions on foreign arrivals and the property sector prepares for recovery on the strength of resilient segments.

For its 10th edition, the program is raising the Gold Standard of real estate with an array of new categories which include the title of Best Luxury Developer, in addition to many never-before-presented Development categories: Best Completed Condo Development, Best Completed Housing Development, Best Connectivity Condo Development, Best Connectivity Housing Development, Best Waterfront Condo Development, Best Waterfront Housing Development, Best Branded Residential Development, Best Integrated WFH (Work From Home) Development, Best Pet-Friendly Residential Development, Best Health and Wellness Development, Best Eco-Friendly Condo Development, Best Eco-Friendly Housing Development, Best Eco-Friendly Commercial Development, and Best Smart Building Development.

Eligible entries to these and other categories are rigorously selected by an independent panel of judges, comprising industry experts in real estate consultancy, architecture and design, green building, and sustainable development.

“The Philippine real estate market may see improvement this year behind the increased vaccination rate as well as the country’s reopening policies. This is led by the logistics and industrial sector, as well as the imminent arrival of hyperscalers and data center operators,” said Philip Mareschal, head of property and asset management at JLL Philippines, and a member of the independent judging panel.

Supervised by HLB, the global network of independent advisory and accounting firms, the awards program makes full use of a professionally run and fully transparent judging system – establishing a reputation for fairness and transparency. The selection process this year is overseen by the team of Lloyd T. Tan, partner with Diaz Murillo Dalupan and Company – HLB Philippines, the Official Supervisor of the Awards.

SM Development Corporation (SMDC) is the current Best Developer titleholder in the Philippines.

Jose Mari Banzon, president of SM Development Corporation (SMDC) shared, “The honor and validation brought to us by the PropertyGuru Asia Property Awards only solidify our strength and conviction to build a nation of homeowners where each and every Filipino can live out their best lives. In the Awards, we have found a trusted partner with an extensive market reach that can help us realize and further the vision of our company founders. As the Best Developer in the Philippines, we are one with the PropertyGuru Asia Property Awards program in its mission to inform consumers and investors of quality real estate in the country.”