Home Insider Insider News Annual PropertyGuru Myanmar Property Awards 2018

Annual PropertyGuru Myanmar Property Awards 2018

The festive PropertyGuru Myanmar Property Awards 2018 gala dinner had unveiled this year’s crop of winners and highly commended companies in an exclusive ceremony held on August 10 at the Sedona Hotel Yangon to honour the country’s building sector. Bagging the top award for Best Developer is Mottama Development Group, which was also honoured with the new Special Recognition in Design and Construction. Chairman of Mottama Development Group, Yang Ho, a widely respected construction magnate, was also honoured by the editors of PropertyGuru Property Report magazine as the 2018 Myanmar Real Estate Personality of the Year. Multi-award winners Mottama shares its Design & Construction gong with double winner IGE Company, which also collected a golden trophy for the Special Recognition in Corporate Social Responsibility (CSR) – this time shared with four-time victor Golden Land Real Estate Development Company.

SCW Development Group took home a pair of Design nods for Skysuites Luxury Condominium, whilst Mother Construction & Greenhub (a subsidiary of LHN Limited) bagged the gongs for Best Serviced Apartment and Best Hotel Interior Design for the same project. The panel of judges introduced this year the Special Recognition in Customer Care award, presented to the tandem of City Properties Company and Universal City Company. The duo also received two retail honours for their City Mall St. John project. Best Renovated Property, previously dubbed a special award, is now a main category won by The Pegu Club, which was gloriously transformed by KT Club Development Project Company. The inaugural Best Developer winner from 2015, Yoma Strategic Holdings won the new Best Educational Development award for Dulwich College Yangon – Star City Campus.

Hari V. Krishnan, CEO of PropertyGuru Group, said “We are proud to recognize all the winning and highly commended companies in Myanmar. The fact that the local real estate market has slowed down in activity in the past couple of years did not hinder these worthy developers from producing projects to the highest level of standards, whether they are new residential or commercial buildings, mixed-use, renovated property, and educational facilities. We celebrate their hard work and dedication to all types of consumers in the country.”

Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards said, “The purpose of the awards is to set a benchmark for recognizing quality real estate in Asia. Healthy competition helps improve standards especially in a developing market like Myanmar. Whilst the local property market has undoubtedly had a challenging 24 months, we are pleased that we are once again able to come together to celebrate the best of Myanmar’s real estate.”

Top winners in Myanmar now qualify to compete at the PropertyGuru Asia Property Awards Grand Final to be held this November in Bangkok for a chance to be crowned the ‘Best in Asia.’ The 2018 PropertyGuru Myanmar Property Awards gala dinner was the programme’s biggest yet, attended by around 370 guests and members of the media.

Richard Emerson, Managing Director of Emerson Real Estate led judging panel joined by Andrew Moraes, Country Manager of Beca, Ben Hickson, Senior Associate of Stephenson Harwood LLP, Charm May Thu, Managing Director of Your Property Finder Company, Lee Leong Seng, General Manager/Managing Director of Surbana International Consultant (Myanmar) Company, Mark Horton, Designer of Doh Eain, Mya Myitzu, Creative Director of M.Interiors (M.ID) Design and Design Management, and Stephen Zawmoe Shwe, Principal Architect of SPINE Architects.