The awards program celebrates pioneering and exceptional real estate projects and developments.
The real estate industry witnessed significant disruptions in project developments and sales operations due to the unforeseen circumstances brought about by the pandemic. Nevertheless, despite the challenges, numerous developers demonstrated remarkable resilience and even thrived during these trying times.
To honor the most innovative players and exceptional developments in the industry, the prestigious Real Estate Asia Awards proudly presented the winners of its 2023 edition at an awards dinner held on 15 June 2023.
The event took place at the renowned Marina Bay Sands Expo & Convention Centre in Singapore. The primary objective of the awards program is to recognize and celebrate the most groundbreaking real estate projects and commend industry players across the Asia Pacific region who have truly stood out in the market.
“In every crisis, winners typically will use this opportunity to pivot their business or take larger bets as opportunities and risk typically emerge around this time. Winners of such cycles typically make outsize gains and grow their portfolio especially when the market is volatile. As such, we look at the players that have been able to ride through the cycles – in the end, it would be those that use their balance sheet to acquire opportunistically,” stated Seng-Leong Teh, Global Real Estate Hospitality & Construction M&A Leader at Ernst & Young and one of the esteemed judges of this year's program.
Accompanying him on the esteemed panel of judges are:
Tay Hong Beng, Partner and Head of Real Estate at KPMG in Singapore
Michael Velten, Southeast Asia Investment Management and Real Estate Sector Leader at Deloitte
Benjamin Tay, Deputy Head, Corporate Real Estate at Rajah & Tann Singapore LLP
Paul Walters, Asia-Pacific Real Estate Assurance Leader at PwC
Congratulations to all the winners! Here’s the full list:
Real Estate Asia Awards 2023
Al Mouj Muscat
• Luxury Residential Development of the Year - Oman
Al-Tahaluf Real Estate
• Affordable Housing Developer of the Year - Saudi Arabia
Alawaly Real Estate Co.
• Developer of the Year - Saudi Arabia
• Residential Development of the Year - Saudi Arabia
Ally Logistic Property (Malaysia)
• Technology Hub Development of the Year - Malaysia
Asterra
• Affordable Condominium Developer of the Year - Philippines
• Sustainable Mid-Rise Condominium Development of the Year - Philippines
Ayala Land - Amaia
• Affordable Housing Developer of the Year - Philippines
• Residential Development of the Year - Philippines
Chinachem
• Cultural Heritage Conservation Initiative of the Year
Dar Global
• Design Initiative of the Year - United Arab Emirates
Dubai Land Department
• Customer Service Innovation of the Year - United Arab Emirates
Flamingo Holdings
• Residential Development of the Year - Vietnam
Henderson Land Development Company Limited
• Developer of the Year - Hong Kong
• Residential Development of the Year - Hong Kong
• Mixed-Use Development of the Year - Hong Kong
Landco Pacific Corporation
• Resort Estate Project of the Year - Philippines
LOGOS Metrolink Logistics Hub
• Industrial Development of the Year - Indonesia
Msheireb Properties
• Mixed-Use Development of the Year - Qatar
Nan Fung Group
• Sustainable Development of the Year - Hong Kong
Nexus Real Estate Corporation
• Sustainable Development of the Year - Philippines
Nichada Group of Companies
• Luxury Residential Development of the Year - Thailand
• Developer of the Year - Thailand
PHirst Park Homes Inc.
• Mid-sized Developer of the Year - Philippines
PT Perintis Triniti Properti
• Developer of the Year - Indonesia
Pueblo de Oro Development Corporation
• Mixed-Use Development of the Year - Philippines
Pueblo de Panay, Inc.
• Masterplan Development of the Year - Philippines
Sino Group
• ESG Initiative of the Year - Hong Kong
Sobha Realty
• Luxury Residential Development of the Year - United Arab Emirates
• Developer of the Year - United Arab Emirates
Staytion Spaces
• Flexible Workspace Initiative of the Year - Singapore
Union Developers Pvt. Ltd
• Residential Development of the Year - Pakistan
Vista Land & Lifescapes, Inc.
• Marketing & Brand Initiative of the Year - Philippines
• Integrated Property Developer of the Year - Philippines
Nichada Changrew, Nichada Group of Companies
• CEO of the Year
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