April 25, 2018
I have often been asked the question of whether award winning projects are worth more in the future. I think it’s even more important to note the reason for these developers in winning such an award in the first place. If we want to buy into a new huge integrated project (with a long term wish for potential capital appreciation), then perhaps awards related to ‘Best new township’ or even ‘Best integrated development’ would be much more relevant than Best Condo Design or even Top Developer award. So, yes I think property awards are important because it helps to differentiate the development from others. Here’s an upcoming one.
Press Release by PropertyGuru Singapore
All-new PropertyGuru Asia Property Awards (Singapore) 2018 nominations open, elects first female head judge
Competition for the country’s best developers embraces diversity in eighth year
SINGAPORE – 24 April 2018
Following the success of its very first stand-alone gala dinner last November, the PropertyGuru Asia Property Awards (Singapore), presented in 2018 by Kohler and supported by PropertyGuru.com.sg, Singapore’s No.1 property site, returns for its eighth annual edition to recognise the year’s most outstanding developers, projects and design.
Diversity is the recurring theme for this year’s Awards, with nearly 30 awards at stake, including honours for industrial development, smart building, reconstruction project, and Special Recognition in Public Facility. The categories are making their debut this year to acknowledge Singapore’s smart innovations, as well as its continued leadership within the Asia-Pacific region’s property sector.
Returning categories include six residential awards (luxury, private and executive condos), seven commercial awards (office, retail, hotel, mixed-use development), and eight design honours.
Nominations are now being accepted from the public until 10 August 2018. Entry submission closes one week later. For online submissions, visit: AsiaPropertyAwards.com/nominations/
Another first for the competition is the recent election of Lim Wenhui, partner at SPARK Architects, as new chairwoman of the independent judging panel, taking over head judge duties from esteemed architect Mink Tan, who remains on the panel.
Having served previously as a judge for this tilt, Lim has more than 12 years of experience undertaking major national and international design and architectural projects for complex urban and master-planned developments.
On her historic election as first woman to lead the panel, she said: “I would like to thank Mink for the inspired way he led the awards process over the last few years and in particular his drive to develop diversity across the jury panel and categories of awards on offer prospective developers and design consultants. I will do my best to develop further Mink’s vision and I’d like to think that we can introduce new and broader range of skills across the jury to respond to the changing market conditions in this city.”
Remaking the city through technology
She cited Singapore’s innovations in technology and sustainability that coincide with its ongoing Smart Nation initiative to remake the city “are becoming key drivers for value in an industry that historically has been very slow to embrace change.”
“Developers are taking advantage of advances in telecommunications, artificial intelligence, virtual and augmented reality, and data analysis to reinvent, reimagine, and long established industry norms. They are also importantly taking seriously customers desire to live increasingly more sustainable lives.
“This is very exciting and hope that the process of award categories, project selection, and the judging process is enabled to reflect this change under my tenure,” she added.
The awards programme will host its annual black-tie gala dinner once again at the Sands Expo and Convention Centre at Marina Bay Sands, where around 300 of the industry’s leading names and senior figures will converge on Friday, 12 October, to reward excellence in the property industry.
Consumer sentiment in Singapore
Hari V. Krishnan, CEO, PropertyGuru Group, said: “As Singapore continues to lead the region in quality real estate, green and sustainable building, we believe that the PropertyGuru Asia Property Awards will shine a light on outstanding new projects and design as the industry looks to recover in 2018. Consumer sentiment in Singapore remains stable with more Singaporeans satisfied with the market despite affordability concerns, based on our latest market survey. Because of its fair and transparent judging system, the Awards has proven to be a great platform for the country’s best developers to promote their latest offerings in the residential and commercial segments.”
The 2018 PropertyGuru Asia Property Awards (Singpore) gala dinner is supported by platinum sponsor Kohler; official portal partner PropertyGuru.com.sg, Singapore’s No. 1 property site; media partner PropertyGuru Property Report, Asia’s leading luxury real estate, architecture and design publication; and official supervisor BDO, the world’s fifth largest auditing and accountancy firm, led in Singapore by executive director Roger Loo and senior manager Jan WeidLich.
Main category winners in Singapore will advance to the 8th PropertyGuru Asia Property Awards Grand Final to be hosted in Thailand. The finale ceremony is a collocated event of the two-day PropertyGuru Asia Real Estate Summit at The Athenee Hotel, Bangkok on 8-9 November 2018.
— end of press release —
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