65 minute read
RUSSIANS FIND REFUGE
Dispatch
From Russia with love
As sanctions bite at home, Russian buyers are seeking asset safe-havens. And Pattaya, Phuket and Bali are among the Asian destinations reaping the rewards in real estate sales
By Steve Finch
Russia’s invasion of Ukraine has resulted in its citizens being targeted by economic sanctions that rank among the swiftest and most punishing inflicted on any country to date.
In London, occupiers seized multi-millionpound mansions owned by absent oligarchs. On Thailand’s beaches, Russian families on long-awaited post-pandemic getaways suddenly found themselves stranded.
Western sanctions on Russian banks meant many Russian credit and debit cards no longer worked overseas. And numerous flights were
PATTAYA HAS LONG BEEN A FAVOURITE OF RUSSIAN INVESTORS, AND HAS WITNESSED A SURGE OF INTEREST SINCE THE START OF THE CONFLICT IN UKRAINE
grounded as insurers withdrew from Russian routes and carriers, including Aeroflot. In March, rising oil prices caused by the conflict further fueled inflation, prompting doom-and-gloom predictions for a global economy only just regaining momentum following the pandemic.
Sanctions have produced few economic upsides—in Russia or elsewhere. Yet Southeast Asia’s property market has shown signs it could buck this trend, albeit in select destinations including Pattaya, Phuket and Bali.
Dispatch
IN THE PAST, RUSSIAN INVESTORS WOULD TYPICALLY HAVE LOOKED TO POPULAR EUROPEAN DESTINATIONS INCLUDING SPAIN, GREECE, AND GERMANY. DUE TO SANCTIONS, THEY HAVE FOCUSED ON OTHER DESTINATIONS SUCH AS THE UNITED ARAB EMIRATES, TURKEY, GEORGIA, AND SOUTHEAST ASIA
Inquiries for properties in Thailand jumped 50% in March compared to a year earlier, and 200% in April, according to Tranio, a Moscow-based online real estate company focused on overseas property deals.
Bali recorded the highest inquiry growth in Southeast Asia, up 360% in the first quarter compared to the same period last year.
Uncertainty at home and punishing sanctions in many destinations overseas have fueled the trend, said Elena Milishenkova, Tranio’s commercial director.
In the first quarter, an estimated USD64.2 billion flowed out of Russia, according to estimates by the central bank in Moscow. This is 30% more than the figure for all of 2021, a sign the Ukraine conflict has prompted Russians to seek asset safety overseas amid economic uncertainty.
“In the past, this money would typically have been invested in popular European destinations including Spain, Greece, and Germany,” says Milishenkova.
“Due to Western sanctions, Russian investors have focused on other destinations such as the United Arab Emirates, Turkey, Georgia, and Southeast Asia.” She added that Thailand was expected to rank among the most popular destinations for Russian property buyers.
Laos and Vietnam have towed the Russian party line in the Ukraine conflict. And within the ASEAN region, only Singapore has followed western-led efforts to impose sanctions on Russia.
“Asia seems to be safe, secure and neutral for Russian people,” says Ekaterina Okisheva, managing director of Alpha International, a property agency covering Pattaya and Phuket in Thailand. “This is a big thing that Russian people take into account.”
Having already gotten used to buying “sight unseen” during the pandemic, growing numbers of Russians have been purchasing properties in popular Thai beach resorts without setting foot in the country, says Okisheva.
The key challenge facing Russians seeking to buy overseas since sanctions were imposed is completing payments. Many Russian banks have been locked out of the SWIFT international payment system including the country’s biggest lenders Sberbank and VTB. And few countries outside of former Soviet states use the Russian Mir payment system.
“But not all Russian banks have been affected,” adds Okisheva, adding that the paperwork and time required to complete such transactions have sharply increased. “There are also other ways around it, including cryptocurrency.”
While Russian buyers have found new ways to get around sanctions, their choices of destination in Asia have remained familiar. In Thailand, Pattaya and Phuket remain ever popular. So too are other beach resorts including Koh Chang and Koh Samui.
Dispatch
Pattaya has long been a favourite with Russians and its brand retains its shine. Indeed, the destination is growing its appeal. New family-friendly attractions have bolstered its offerings. Thailand’s government, meanwhile, plans to make the city a key part of its massive Eastern Economic Corridor project, which will add extra value to real estate investments.
“Pattaya is in a really strong position to bounce back from the pandemic,” says Matthew Fryar, the general manager of Avani Pattaya, one of the city’s most dynamic luxury hotels. “Investors can expect to see good returns here.”
In Indonesia, Bali continues to be the only destination on the map for Russian property investors, with Vietnam the next most popular location in the region.
In the first quarter of this year, these two countries along with Thailand together accounted for 94% of all Southeast Asia property inquiries, according to Tranio data.
“Bali has long been a popular destination among Russians, and the local property
THE INVASION OF UKRAINE HAS BEEN PROTESTED, BUT RUSSIANS HAVE FOUND A MUCH MORE WELCOMING CLIMATE IN SOUTHEAST ASIA THAN IN WESTERN COUNTRIES
market is gaining momentum,” says Milishenkova.
In Bali, many developments are IndonesianRussian joint ventures whose marketing targets Russians in their language to maximize uptake. Last year, despite the continuing downward pressure of the pandemic, apartment sales in Bali increased due in part to international buyers including a significant portion of Russians returning to the popular island, said Angra Angreni, a senior manager at the Jakarta office of PT CB Advisory, an international real estate advisory based in the United States.
“There have not been cancellations of unit purchases from Russian investors,” she says.
No sanctions have been imposed by Jakarta. And none are likely to be anytime soon. “There has not been a major impact on the property market. Far from it,” said Angreni. Bali, like many destinations in Southeast Asia, has become a far-flung haven for Russian investors who have quickly found they are no longer welcome in many countries in the west.
Dispatch
Mixed to perfection
Landmark developments along Bangkok’s Rama IV Road like One Bangkok and Dusit Central Park are upping the ante for real estate in Thailand’s capital
By Liam Aran Barnes
The reign of King Mongkut was a transformative one for Thailand. The monarch ruled over his country for a relatively short time, his tenure lasting for just 17 years between 1851 and 1868. In that period, Siam—as it was then known—was increasingly feeling the pressure of western expansionism.
To bolster his country and prevent conflict with threatening colonial powers, he initiated modernisation in technology and culture.
RANGED ALONG RAMA IV ROAD ARE MEGAPROJECTS THAT WILL CHANGE THE FACE OF BANGKOK
Therefore it is appropriate that the artery bearing his posthumous name—Rama IV—has become synonymous with the breakneck evolution of Bangkok.
Thailand’s capital has never been one for standing still. All over the city, new real estate projects and infrastructure progress as rapidly as a speeding tuk-tuk driver on an empty soi. But the activity underway on Rama IV Road is remarkable even within this hyperactive context.
Dispatch
RAMA IV ROAD MAKES THE PERFECT ALIGNMENT AND DIRECT INTERLINK WITH MAIN AVENUES IN BANGKOK. IT THEREFORE POSSESSES ONE OF THE MAIN CRITERIA FOR MIXED-USED DEVELOPMENTS. AND THAT’S CONNECTIVITY
Linking upper Sukhumvit with Charoenkrung Road and Bangkok’s older quarters, the thoroughfare passes by historical and cultural landmarks such as Hualamphong Railway Station, Lumpini Park and Khlong Toei Market, the city’s biggest fresh market.
It’s the vast construction sites that pepper its flanks that are nurturing the future signatures in the Thai capital. Here, workers are grafting round the clock to bring two of the country’s most significant mixed-use real estate projects—One Bangkok and Dusit Central Park—to realisation.
“Rama IV Road makes the perfect alignment and direct interlink with main avenues in Bangkok,” says Marciano Birjmohun, director of the Singapore-Thai Chamber of Commerce. “It, therefore, possesses one of the main criteria of mixed-used developments. And that’s connectivity.” When One Bangkok opens at the junction of Witthayu Road and Rama IV, it will be the most expensive real estate project in Thai history. It will be the largest integrated development in Bangkok’s central business district with an investment value of over THB120 billion (exclusive of land cost). When fully completed, the project will include five premium grade A office towers, four distinct retail precincts, five luxury and lifestyle hotels and three luxury residential towers. Its 430-metre Signature Tower will be one of the 10 tallest buildings in Southeast Asia. A dedicated shared space for art and cultural activities and exhibitions will be part of the project. “One Bangkok will reshape and redefine its urban landscape in a positive and lasting way as the largest private sector property development initiative undertaken in Thailand,” says Panote Sirivadhanabhakdi, group chief executive officer of Frasers Property Limited, the joint developer of One Bangkok. “Our ambition is to build sustainable developments that improve quality of life and are part of the fabric of the community. It is our goal to constantly create offerings that connect with their surroundings and become a global landmark that the community can be proud of. We believe One Bangkok is an offering worthy of what Thailand’s capital can deliver on the world stage.”
Smaller in scale but equally redolent with symbolism is Dusit Central Park. With a total construction area of over 400,000 square metres, the project is rising on the site of the iconic Dusit Thani hotel at the top of Silom Road, which was demolished to make way for its successor. It comprises a five-star hotel, luxury branded residences, grade A office space, and a major shopping mall, all connected by the verdant 11,200sqm Roof Park, which will become one of Bangkok’s most dramatic attractions.
“Dusit Thani Bangkok was created as a landmark hotel, and over its 50-year history it welcomed royalty, world leaders, and celebrities from around the globe,” says Suphajee Suthumpun, Dusit International group CEO. “Dusit Central Park marks the next chapter in the story of this Thai icon and the project is a historic one not just for the company, but for the whole of
Dispatch
Bangkok. Our location is the ‘super-core CBD’ of a major global city. When such areas are developed, they become iconic urban projects that define their destination and represent their community. It is a great responsibility for which we are deeply honoured and proud.”
While Rama IV Road is in the spotlight, it is far from the only location in Bangkok that is undergoing dramatic change due to mixed-use development. To the north of Lumpini Park, Sindhorn Village offers luxury residences and hotels such as Kimpton Maa-Lai and Sindhorn Kempinski, and a retail and leisure precinct called Velaa. On the city’s outskirts, meanwhile, the Forestias by developer MQDC covers an area of 64 hectares, nearly one and a half times the size of the world’s smallest country, The Vatican. A 16-kilometre elevated walkway will pass over the centrepiece, a 4.8-hectare wooded area.
A well-executed mixed-use development essentially creates its internal ecosystem,
DUSIT CENTRAL PARK WILL OCCUPY THAT FORMER SITE OF THE LANDMARK DUSIT THANI HOTEL
in which each of the various components benefits from its proximity to the others. An upscale shopping centre is more likely to prosper if placed within easy walking distance of luxury condiminiums and hotel rooms designed to harbour affluent clientele.
Thailand analysts say that developers and investors alike are aware which way the wind is blowing.
“The benefits of mixed-use development extend far beyond enhancing the social good,” adds Birjmohun. “All over the globe, mixed-use developments are rising. Changing demographics and an evolving real estate market create demand for high-quality, integrated, and walkable communities. Mixed-use developments add more value to stakeholders. They represent the future of our communities, not just in Bangkok, but everywhere.”
Luminaries of real estate, architecture and design clinched marks of excellence at the virtual gala celebration of the 2021 PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau), presented in association with Anjuke, part of leading Chinese online marketplace 58.com, and supported by Nectaris.
The celebrations on 7 December 2021 laurelled outstanding developers, architects, designers, and real estate brands with prestigious titles and citations spanning 56 diverse categories. China Overseas Property and Huabiao Venture Group Co., Ltd. won the all-new awards of Top Developer (Mainland China) and Top Boutique Developer (Mainland China), respectively, while Great Eagle Holdings Limited was named Best Developer (Hong Kong). A wide array of design practices, from Benoy to HZS Design, were also honoured.
Special awards were presented to outstanding household brands, interior furnishers, and suppliers in Mainland China such as Daikin, Fotile, Panasonic, Robam, and Tata Wooden Door.
THE JUDGES
MAINLAND CHINA Ken Ip Assistant General Manager and Group Head of Marketing, B.S.C. Group Chou Guang Ming (Ray) Founder and Creative Director, Vermilion Zhou Design Group Coco Lin Principal and Project Director, B+H Consulting International Inc. Feng WeiMo Founder/Design Director, Mod-Design Guo Nu Founder and Design Principal, AUD Architect and Urban Design James Woo Senior Director & Head of Valuation and Professional Services (Beijing), Savills Jesse Wang Design Director, F.G Studio Pablo Laguarda, FAIA Principal, Laguarda.Low Architects (LLA) Zhong Ling Founder of DUTS Design, French National Registered Architect, Master of Architecture in ENSAPLV, and Guest Teacher of Shanghai Jiao Tong University
INDUSTRY EXPERT CONSULTANTS, MAINLAND CHINA Cindy Jiang Deputy General Manager and Principal Architect of Yanlord Land Nanjing Huang Gaohua Founder & Editor-in-Chief of DesiDaily John Low AIA • Principal, Laguarda.Low Architects (LLA) Li Qing Deputy General Manager, Shenzhen OCT Cultural & Real Estate Investment Co., Ltd. Luo Minjie Director of Planning and Design Department, Sichuan Waterfront Urban and Rural Development Co. Ltd. Luo Yun General Manager, Design Sharing Center at Greentown China T.K Chu Founder and Principal Designer of T.K. CHU DESIGN GROUP and TK HOME Xu Junfen Design Director, China Overseas (Hangzhou Branch)
HONG KONG AND MACAU Paul Tse President, Board of Directors, Macao Association of Building Contractors and Developers Bernie Devine Regional Director, Asia, Yardi Systems, Inc. Gregory Ku Managing Director, Jones Lang LaSalle Macau & Zhuhai Jimmy Wardhana Co-Founder and Principal of JWCC Architecture Co. Ltd. Vincent Cheung Managing Director, Vincorn Consulting and Appraisal Limited Sr Yew Yat-ming, Edmond Chairman, Planning and Development Division Member, Surveyor Registration Board Member, Disciplinary Panel, The Hong Kong Institute of Surveyors Yu Kam Hung Past President, The Hong Kong Institute of Surveyors
1
3
5
7 2
4
6
8
1. LEAD8’S SIMON CHUA AFTER OBTAINING GOLDEN STATUETTES 2. ZHAO TONGYANG, VICEPRESIDENT OF ASSOCIATE PARTNER ANJUKE, SPEAKS 3. GREGORY KOVACS OF BENOY REFLECTS ON THE FIRM’S DESIGN WINS 4. ULTRA-LUXURY CONDO DEVELOPER BEIJING HELI YUNXING REAL ESTATE CO., LTD. WINS 5. SINO-OCEAN GROUP’S THOMAS YANG MAKES A SPEECH 6. A PROUD MOMENT FOR A RENOWNED YUEXIU REIT 7. LINK ASSET MANAGEMENT LIMITED’S EMMANUEL FARCIS FOR TKO SPOT 8. EMCEES JACK PRINYA AND SUN MENG XIAO KEEP VIEWERS ENGAGED THROUGHOUT THE EVENING
the winners
2021 PropertyGuru Asia Property Awards (Mainland China)
DEVELOPER AWARDS
Top Developer (Mainland China) Winner: China Overseas Property 中海企业发展集团 Highly Commended: China Construction Yipin Investment & Development Co. Ltd 中建壹品投资 发展有限公司
Top Boutique Developer (Mainland China) Winner: Huabiao Venture Group Co., Ltd 广东华标创业集团有限公司 Highly Commended: C&D Real Estate Corporation Limited 建发房产上海城市公司
DEVELOPMENT AWARDS
Best Ultra Luxury Condo Development (Mainland China) 年度极奢住宅项目（中国内地） Winner: Yunē by Beijing Heli Yunxing Real Estate Co., Ltd. 合生 缦云 by 北京合力运兴置业有限公司 Excellent Super Luxury Condo Development (Mainland China) 年度优秀豪奢住宅项目（中国内地） Winner: Park Vera by Shui On Land 瑞虹新城 by 瑞安房地产 Excellent Luxury Condo Development (Mainland China) 年度优秀豪华住宅项目（中国内地） Winner: Forest Park by Vanke 万 科森林公园 by 长沙凯腾房地产开发有 限公司 Highly Commended: One Sino Park by Sunac 重庆·融创壹号院 by 重庆远 冲实业有限公司
Excellent High-End Condo Development (Mainland China) 年度优秀高端住宅项目（中国内地） Winner: Daxiang by Jiangsu Sunan Vanke Real Estate Co., Ltd. & Suzhou Gaoxin Real Estate Group Co., Ltd. 大象山舍 by 苏州万科企业有限公司 & 苏州高新地产集团有限公司 Highly Commended: • Baoyu | tianyilongwan by Baoyu group 宝宇•天邑 珑湾 by 黑龙江宝宇 房地产开发（集团）公司 • Emerald Mountain Dawn by Vanke 万科翡翠山晓·西麓 by 北京万 越辉置业有限公司 • The Moon Poetry by Greentown 绿城美的桂语映月 by 福州祯瑞置业有 限公司 • Vanke | wanhuihuayuan by Huizhou wanhuihuayuan Real Estate Co., Ltd 万科·万荟花园 by 惠州市万荟房地产有限公司
Best Mid End Condo Development (Mainland China) 年度标准住宅项目（中国内地） Winner: Zhongliang Dongtou Gilded Tianchen by Changsha Zhongliang Heng Real Estate Co. Ltd 中梁东投鎏金天宸 by 长沙中梁恒 置业有限公司 Highly Commended: Hengji Zhongliang Shiguangmingzhu by Changsha Zhongliang Heng Real Estate Co. Ltd 恒基中梁拾光明珠 by 长沙中梁恒置业有限公司
Best Affordable Condo Development (Mainland China) 年度大众住宅项目（中国内地） Winner: Jinke & Zhongliang Emerald Mansion by Changsha Zhongliang Heng Real Estate Co. Ltd 金科·中梁博翠江樾 by 长沙中梁 恒置业有限公司 Highly Commended: • Changsha Zhongliang Xiyue Terrace by Changsha Zhongliang Heng Real Estate Co. Ltd 长沙中梁 玺悦台 by 长沙中梁恒置业有限公司 • Country Garden & Zhongliang Huaiyin Siji by Changsha Zhongliang Heng Real Estate Co. Ltd 碧桂园·中梁槐荫四季 by 长沙中 梁恒置业有限公司
Excellent Affordable Condo Development (Mainland China) 年度优秀大众住宅项目（中国内地） Winner: 亦庄·金悦郡 by 北京融泰房 地产开发有限公司 Highly Commended: • East Oak One by CCCG Cr Land 亦庄橡树湾 by 中交地产 & 华润置地 • 雅居乐北城雅郡 by 陕西福雅乐房地 产开发有限公司 Excellent Smart Building Development (Mainland China) 年度优秀智能住宅开发奖 （中国内地） Winner: Vanke City Cloud View by Nanning Vanke City Real Estate Co. Ltd 万科城云望 by 南宁市万科城 房地产有限公司
Best Luxury Housing Development (Mainland China) 年度豪华别墅项目（中国内地） Winner: Dalian Huafa Hill by Zhuhai Huafa Properties Co., Ltd. 大连华发 山庄 by 珠海华发实业股份有限公司 Excellent High End Housing Development (Mainland China) 年度优秀高端别墅项目（中国内地） Winner: Empyrean Mansion by Xingcheng-Renju 人居九林语 by 成都 人居成兴置业有限公司
Best Retail Development (Mainland China) 年度零售中心项目（中国内地） Winner: Zhongshan Huafa Mall by Zhuhai Huafa Properties Co., Ltd. 中山华发商都 by 珠海华发实业股份有 限公司
Best Office Development (Mainland China) 年度写字楼开发项目（中国内地） Winner: Yuexiu Fortune Center by Guangzhou Yuexiu Commercial Real Estate Investment & Management Co., Ltd 越秀·财富中 心 by 广州越秀商业地产投资管理有 限公司
Best Green Development (Mainland China) 年度优秀绿色项目（中国内地） Winner: Yuexiu Financial Tower by Guangzhou Yuexiu Commercial Real Estate Investment & Management Co., Ltd 越秀金融大 厦 by 广州越秀商业地产投资管理有 限公司
Best Mixed-Use Development (Mainland China) 年度综合体开发项 目（中国内地） Winner: Guangzhou International Commercial Center by Guangzhou Yuexiu Commercial Real Estate
Investment & Management Co., Ltd 广州环贸中心 by 广州越秀商业地 产投资管理有限公司 Highly Commended: • Andaman Village by Regalia Group 安缇缦旅游度假区 by 新昌御庭 旅游开发有限公司 • Modern International Finance Center by Tianjin Modern City Development Co., Ltd. 天津国际金 融中心 by 天津现代城开发有限公司 DESIGN AWARDS
Best Ultra Luxury Condo Architectural Design (Mainland China) 年度极奢住宅建筑设计项目 （中国内地） Winner: China Overseas One Sino Residence, Beijing by HZS Design & China Overseas 中海 北京甲叁号 院 by HZS汇张思 & 北京中海地产 Highly Commended: • CGGC China Palace by HZS Design & CGGC 葛洲坝 北京中国府 by HZS汇张思 & 中国葛洲坝集团 • Hopson: Yunē, Beijing, China by HZS Design & Hopson Development 合生 缦云 by HZS汇张 思 & 合生创展集团 • Longfor & BCDH: The Skyline, Guangzhou by HZS Design & Longfor Group Holdings Limited 龙 湖·首开 广州天奕 by HZS汇张思 & 龙 湖集团
Best Super Luxury Condo Architectural Design (Mainland China) 年度豪奢住宅建筑设计项目 （中国内地） Winner: Hopson: Miya by HZS Design & Beijing Heyishengjing Real Estate 合生 me悦 by HZS汇张 思 & 北京合亦盛景置业 Highly Commended: • Aoyuan Yunhe Mansion by HZS Design & China Aoyuan Group Limited 奥园 广州云和公馆 by HZS 汇张思 & 中国奥园集团 • COB & BCDH: Time River by HZS Design & Beijing Zhongkai Yingtai 中海·首开 北京拾光里 by HZS汇张思 & 北京中开盈泰 • Yuzhou: Langting Bay, Beijing by HZS Design & Yuzhou Group 禹洲 北京朗庭湾 by HZS汇张思 & 禹 洲集团
Best Luxury Condo Architectural Design (Mainland China) 年度豪华住宅建筑设计项目 （中国内地） Winner: Aoyuan Luyu One, Chengdu by HZS Design & China Aoyuan Group Limited 奥园 成都 麓语ONE by HZS汇张思 & 中国奥园 集团 Highly Commended: • CIFI Group: Park Mansion by HZS Design & CIFI Group 旭辉 合肥铂悦 天汇 by HZS汇张思 & 旭辉集团 • COB: No.1 Urban Resort by HZS Design & China Overseas 中海 领馆 壹号 byHZS汇张思 & 中海地产 （沈阳） • Yango Dreammount, Beijing by HZS Design & Beijing Zhende Xingyun Real Estate 阳光城 北京溪 山悦 by HZS汇张思 & 北京臻德兴云 置业
Best Upper High End Condo Architectural Design (Mainland China) 年度轻奢住宅建筑设计项目 （中国内地） Winner: Greentown The Willow Shores by Hangzhou 9M Architectural Design Co., Ltd 舟山 绿城长峙岛柳岸晓风 by 杭州九米建筑 设计有限公司 Highly Commended: • China Merchants Group: Park Scenery 1872 by HZS Design & CMSK 招商 沈阳公园1872 by HZS汇 张思 &招商蛇口 • Gemdale: Great Mansion, Haining by HZS Design & Haining Jinyue Real Estate Development 金地 海宁 华宸府 by HZS汇张思 & 海宁金越房 地产开发有限公司
Best High End Condo Architectural Design (Mainland China) 年度高端 住宅建筑设计项目（中国内地） Winner: COB: Stream View Palace by HZS Design & China Overseas Land & Investment 中海 长沙阅溪 by HZS汇张思 & 中國海外發展 Highly Commended: • Kaisa Mansion by HZS Design & Kaisa Properties (Jiangmen) 佳兆 业·悦峰府 by HZS汇张思 & 佳兆业地 产（江门） • Zhenro & CIFI: Future Center, Hefei by HZS Design & CIFI Group 正荣·旭辉 合肥 政务未来 by HZS汇张 思 & 旭辉集团
Best Mid End Condo Architectural Design (Mainland China) 年度标准住宅建筑设计项目 （中国内地） Winner: CIFI Group: Fu Yang Shuang Qing Jiang Lai by HZS Design & CIFI Group 旭辉 阜阳双清 江来 by HZS汇张思 & 旭辉集团 Highly Commended: • CIFI Skyline, Guiyang by HZS Design & CIFI Group 旭辉 贵阳观云 by HZS汇张思 & 旭辉集团 • Hengji Zhongliang Shiguangmingzhu by Changsha Zhongliang Heng Real Estate Co. Ltd 恒基中梁拾光明珠 by 长沙中梁恒 置业有限公司 • Zhongliang Dongtou Gilded Tianchen by Changsha Zhongliang Heng Real Estate Co. Ltd 中梁东投 鎏金天宸 by 长沙中梁恒置业有限公司 Best Affordable Condo Architectural Design (Mainland China) 年度大众住宅建筑设计项目 （中国内地） Winner: Jinke & Zhongliang Emerald Mansion by Changsha Zhongliang Heng Real Estate Co. Ltd 金科·中梁博翠江樾 by 长沙中梁恒 置业有限公司 Highly Commended: • Changsha Zhongliang Xiyue Terrace by Changsha Zhongliang Heng Real Estate Co. Ltd 长沙中梁 玺悦台 by 长沙中梁恒置业有限公司 • CIFI Group: Wisdom Land, Yinchuan by HZS Design & CIFI Group 旭辉 银川江南 学府 by HZS汇 张思 & 旭辉集团 • Country Garden & Zhongliang Huaiyin Siji by Changsha Zhongliang Heng Real Estate Co. Ltd 碧桂园·中梁槐荫四季 by 长沙中 梁恒置业有限公司
Best High End Housing Architectural Design (Mainland China) 年度高端别墅建筑设计项目 （中国内地） Winner: Greentown Xixi Yunlu by Hangzhou 9M Architectural Design Co., Ltd. 杭州绿城西溪雲庐 by 杭州 九米建筑设计有限公司
Excellent High End Condo Architectural Design (Mainland China) 年度优秀高端住宅建筑设计项目（中 国内地 ) Winner: Hongfang by OCT 华侨城红 坊 by 武汉华侨城滨江置业有限公司 & 武汉侨滨置业有限公司 Highly Commended: • GIEC | International Exhibition by Greenland 绿地天河国际会展城 by 武 汉申绿国展实业有限公司 • Here We Are by TongJian & BaiButing Union Real Estate 幸福时 代·大家 by 武汉统建百步亭联合置业 有限公司
Best Mega Mixed Use Architectural Design (Mainland China) 年度大型综合体建筑设计项目 （中国内地） Winner: OCT OH Bay by Laguarda. Low Architects 华侨城宝安欢乐港湾 by Laguarda.Low Architects Highly Commended: • National Food Safety (Hengqin) Innovation Center by HZS Design & Gaoze Investment 国家食品安全 （横琴）创新中心 by HZS汇张思 & 珠 海横琴高择投资 • Sunshine 100: Phoenix Street by HZS Design & Sunshine 100阳 光100 长沙凤凰街 by HZS汇张思 & 阳 光100
Best Mixed Use Architectural Design (Mainland China) 年度综合体建筑设计项目 （中国内地） Winner: Alibaba Central China Headquarters and Industrial Complex by Benoy 阿里巴巴华中总 部暨产业社区基地 by Benoy Highly Commended: • Fuzhou Shangri-La Mixed-use Development by Lead8 福州香格里 拉综合开发项目 by Lead8 • Nanning CIFI Live by HZS Design & CIFI Commercial 南宁旭辉里 by HZS汇张思 & 旭辉商业 • Tianjin Cop City Plaza by HZS Design & COLI Polytec Property (Tianjin) 中海 天津城市广场 by HZS 汇张思 & 中海保利达地产（天津） Best Retail Architectural Design (Mainland China) 年度零售中心建筑设计项目 （中国内地） Winner: Sanya CDF Mall II by Benoy 三亚国际免税城二期 by Benoy Highly Commended: • Hubei Coordination Urban Renewal Scheme by Lead8 湖贝项 目整体商业规划 by Lead8 • MixC Ningbo by Lead8 宁波万象 城 by Lead8 Best Office Architectural Design (Mainland China) 年度办公建筑设计项目（中国内地） Winner: CSC Center, Tian Jin, China by HZS Design & China State Construction Land (Tianjin) 天津中建总部大楼 by HZS汇张思 & 中 建地产（天津） Best Themed Attraction Architectural Design (Mainland China) 年度主题景点建筑设计项目 （中国内地） Winner: Yunyang Zhangfei Temple Folk Custom Street by Chongqing Yuandao Architecture Co. Ltd. 云 阳张飞庙民俗风情街 by 重庆源道建筑 规划设计
Best High End Condo Interior Design (Mainland China) 年度高端住宅室内设计项目 （中国内地） Winner: Agile • Shanqin Bay, Hainan by CLV.Design 雅居乐 • 海南 山钦湾 by 赛拉维设计 Best Mixed Use Interior Design (Mainland China) 年度最佳综合体室 内设计项目（中国内地） Winner: Fuzhou Shangri-La Mixeduse Development by Lead8 福州香 格里拉综合开发项目 by Lead8 Highly Commended: Vanke Xingcheng Garden by Maudea Design Studio 万科星城花园 by 牧 笛设计
Best Retail Interior Design (Mainland China) 年度零售中心室内设计奖 （中国内地） Winner: The Ring by Lead8 重庆光 环购物公园 by Lead8 Highly Commended: Seazen Suzhou Wuyue Plaza by Benoy 苏 州高铁吾悦广场 by Benoy Best Office Interior Design (Mainland China) 年度办公室内设计项目（中国内地） Winner: Pufa Tower by Shanghai Pufa Tower Real Estate Co., Ltd. 浦发大厦 by 上海浦发大厦置业有限 公司
Best Convention Centre Interior Design (Mainland China) 年度会议中 心室内设计项目（中国内地） Winner: Guangzhou Yuexiu International Congress Center (GYICC) by Jiang & Associate Creative Design 广州越秀国际会议 中心 by 深圳市杰恩创意设计股份有 限公司
Best Educational Interior Design (Mainland China) 年度文教类室内设计项目 （中国内地） Winner: Time River Experience Center by CLV.Design 中海首开北 京拾光里图书馆 by 赛拉维设计 Best Clubhouse Interior Design (Mainland China) 年度会所室内设计项目（中国内地） Winner: C&D YangYun Underground Chamber by Mans Design (ShenZhen) Co. Ltd 建发养 云地下会所 by 漫思设计（深圳）有 限公司
Best Landscape Architectural Design (Mainland China) 年度景观设 计项目（中国内地） Winner: Harbin ShenHa Center by Unlimited Metropolis Design Studio 哈尔滨深哈中心 by 里表都会 Highly Commended: Shanghai Expo Village by Cicada & Palm Design 世博村B地块改建项目 by Cicada & 棕榈设计
BEST OF MAINLAND CHINA AWARDS
Best Condo Development (Mainland China) 年度住宅项目 （中国内地） Winners: • Park Vera by Shui On Land 瑞虹 新城 by 瑞安房地产 • Yunē by Beijing Heli Yunxing Real Estate Co., Ltd. 合生缦云 by 北 京合力运兴置业有限公司 • 亦庄·金悦郡 by 北京融泰房地产开 发有限公司
Best Housing Development (Mainland China) 年度别墅项目 （中国内地） Winner: Dalian Huafa Hill by Zhuhai Huafa Properties Co., Ltd. 大连华 发山庄 by 珠海华发实业股份有限公司 Winner: Empyrean Mansion by Xingcheng-Renju 人居九林语 by 成 都人居成兴置业有限公司
SPECIAL AWARDS
Special Achievement Award for Home Decoration Breakthrough Creativity 年度家装突破创意奖 Winner: Panasonic 松下住空间
Special Achievement Award for Excellent Home Decoration Design 年度优秀家装设计奖 Winner: Fotile 方太集团
Special Achievement Award for Excellent Home Brand 年度优秀家 居品牌奖 Winner: Robam 杭州老板电器股份有 限公司
Special Achievement Award for Trusted Building Materials Brand 年度受信赖建材品牌奖 Winner: Tata Wooden Door Tata 木门
Special Achievement Award for Green Environmental Protection & Innovation 年度绿色环保创新奖 Winner: Daikin 大金空调
Special Recognition for Residential Interior Furnishing 住宅类软装设计杰出贡献奖 （中国内地） Winners: • F.G Studio 上海馥高实业有限公司 • Hangzhou Jizhi Space Design Co., Ltd. 杭州集至空间设计有限公司 Special Recognition in Landmark Development 商业地标建筑杰出贡献奖 （中国内地） Winner: Guangzhou International Finance Center by Guangzhou Yuexiu Commercial Real Estate Investment Management Co., Ltd 广州国际金融中心 by 广州越秀商业地 产投资管理有限公司 2021 PropertyGuru Asia Property Awards (China – Hong Kong and Macau)
DEVELOPER AWARD
Best Developer (Hong Kong) Winner: Great Eagle Holdings Limited
DEVELOPMENT AWARDS
Best Condo Development (Hong Kong) Winner: Ontolo by Great Eagle Holdings Limited
Best Housing Development (Hong Kong) Winner: Mt. La Vie by Sino-Ocean Group
Best Asset Enhancement Initiative (Hong Kong) Winner: TKO Spot by Link Asset Management Limited
DESIGN AWARDS
Best Mixed Use Architectural Design (Hong Kong) Winner: Commercial Development at Kiu Tau Wai, Yuen Long by Atelier Global
Best Housing Architectural Design (Hong Kong) Winner: Mt. La Vie by Urbanprojects Architecture & Planning & Sino-Ocean Group
Best Bespoke Residential Interior Design (Hong Kong) Highly Commended: Tierra Verde by inT Design Furniture Limited
SPECIAL AWARDS
Special Recognition in ESG Winner: Great Eagle Holdings Limited
Special Recognition in Sustainable Construction and Design Winner: Great Eagle Holdings Limited
WITH THANKS TO:
• Associate partner Anjuke, part of leading Chinese online marketplace 58.com
• Gold sponsor Nectaris
• Official cable TV partner History Channel
• Official magazine PropertyGuru Property Report
• Official PR partner MMG Group
• Official charity partner Right To Play
• Official ESG partner Baan Dek Foundation
• Supporting associations Asia MarTech Society, Design Epoch, and Global Design Awards Lab
• Official supervisor HLB
The 2021 editions of the PropertyGuru Asia Property Awards programme in Australia, Greater Niseko, India, and Sri Lanka were held in a virtual gala celebration on 9 December.
Home Lands Skyline (Pvt) Ltd dominated the 4th PropertyGuru Asia Property Awards (Sri Lanka) with seven awards, including Best Developer, while Sunteck Realty Ltd led the 2nd PropertyGuru Asia Property Awards (India) with the title of Best Developer (Mumbai).
SC Global Developments Pte Ltd was revealed as Best Developer at the 2021 edition of the PropertyGuru Asia Property Awards (Greater Niseko). Meanwhile, Brady Property Group and Volume Projects won the soughtafter honours of Best Condo/Apartment Development (Australia) and Best Housing Development (Australia), respectively, at the 4th PropertyGuru Asia Property Awards (Australia). The winners and Highly Commended awardees were revealed in a festive gala event that aired on AsiaPropertyAwards.com and the programme’s official live-streaming platforms on Facebook, LinkedIn, and YouTube.
THE JUDGES
AUSTRALIA Lui Violanti Regional Maanager - Western Australia, Inhabit Group Benson Zhou Director, Savills Melbourne and Divisional Head - Asia Market in Victoria Ivan Lam Head of International Business, Charter Keck Cramer Jessica Liew Director, Plus Architecture Leonie Klaric CEO & Founder, The Property Expert International Richard Newling Ward Director, Bayleyward
GREATER NISEKO Bill Barnett Founder and Managing Director, C9 Hotelworks Eddie Guillemette CEO of Midori no Ki (MnK) John Barton Sales Director, Japan, RSTOR Maaya Arakawa Regional Marketing Manager for Oakwood Japan Shigeru Uehara Director of Niseko Home Design, Ltd.
INDIA Amit Khanna 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 & Director at Qonqests Technical Solutions and VDC Technologies Madhav Raman Co-Founder, Anagram Architects Mallika Desai Thakker Co-Founder & Creative Head at Vibe Design Lab Shradha Mithal Managing Director, Resettle Destination Services
SRI LANKA Dr. Nirmal De Silva Director/CEO, Paramount Realty Emeritus Prof. Chitra Weddikkara Managing Director, QServe Pte Ltd. Nandike D. Samaranayake Chartered Architect, AIA (SL) Natalie Pendigrast Founder/Director, Pendi PVT Ltd Nilesh De Silva CHARTERED ARCHITECT | DIRECTOR, KAHAWITA DE SILVA & ASSOCIATES PVT LTD (KDS) Roshan Madawela Founding Director/CEO, RIU (Real-Estate Intelligence Unit) Stephanie Balendra Director, Homes N Spaces Lanka Properties (PVT) Ltd. William Vincent Asoka Tilakawardane Fellow of the Institute of Project Managers (Sri Lanka)
1
3
5
7 2
4
6
8
1. VOLUME PROJECTS’ BAO NGUYEN SPEAKS FOR THE COMPANY’S TRIUMPHS 2. DANIEL BRADY OF BRADY PROPERTY GROUP ON 380 MELBOURNE’S SKY-HIGH SUCCESSES 3. OPTIMUS DEVELOPMENTS’ WINNING CEO ALEX WINDSOR 4. V-LEADER’S SAM FISHER ACCEPTS THE COMPANY’S DESIGN AWARD 5. SIMON CHEONG ON A JUBILANT NIGHT FOR SC GLOBAL DEVELOPMENTS PTE LTD 6. A MOMENT OF GLORY FOR THE PAVILIONS NISEKO & THE GINTO RESIDENCES’ EMILIA A. LOPEZ 7. LALINDA KALUBOWILA COMES THROUGH FOR SRI LANKA’S KELSEY DEVELOPMENTS PLC 8. HOME LANDS SKYLINE (PVT) LTD CEO YASAS L. PATHIRANAGE ACCEPTING ONE OF SEVEN WINS
the winners
2021 PropertyGuru Asia Property Awards (Australia)
DEVELOPMENT AWARDS
Best Apartment Development (Victoria) Winner: 380 Melbourne by Brady Property Group Highly Commended: K1 Residence by Optimus Developments
Best Townhouse Development (Victoria) Winner: Bridge P.M. by Volume Projects
DESIGN AWARDS
Best Apartment Architectural Design Winner: 380 Melbourne by Brady Property Group Highly Commended: K1 Residence by Optimus Developments
Best Apartment Interior Design Winner: No. 6 Sydney St by V-Leader
Best Landscape Architectural Design Winner: Willow Brighton by Samuel Property
BEST OF AUSTRALIA AWARDS
Best Housing Development (Australia) Winner: Bridge P.M. by Volume Projects
Best Condo/Apartment Development (Australia) Winner: 380 Melbourne by Brady Property Group 2021 PropertyGuru Asia Property Awards (Greater Niseko)
Best Developer Winner: SC Global Developments Pte Ltd
DEVELOPMENT AWARDS
Best Mixed Use Resort Development Winner: The Pavilions Niseko & The Ginto Residences by The Pavilions Niseko KK
Best Resort Development Winner: Dharma Niseko (達磨 ニ セコ) by Parry (Group) Property Investment & Development Company Ltd
Best Hotel Condo Development Winner: Setsu Niseko by SC Global Developments Pte Ltd
Best Resort Housing Development Winner: Panorama Niseko by Marumi KK
DESIGN AWARDS
Best Hotel Condo Architectural Design Winner: Setsu Niseko by SC Global Developments Pte Ltd
Best Resort Housing Architectural Design Winner: Panorama Niseko by ISA Architects Inc.
Best Resort Architectural Design Winner: Dharma Niseko (達磨 ニ セコ) by Parry (Group) Property Investment & Development Company Ltd
Best Hotel Condo Interior Design Winner: Setsu Niseko by SC Global Developments Pte Ltd
Best Resort Interior Design Winner: Dharma Niseko (達磨 ニ セコ) by Parry (Group) Property Investment & Development Company Ltd BEST OF GREATER NISEKO AWARDS
Best Hotel Condo Development (Greater Niseko) Winner: Setsu Niseko by SC Global Developments Pte Ltd
Best Resort Housing Development (Greater Niseko) Winner: Panorama Niseko by Marumi KK
2021 PropertyGuru Asia Property Awards (India)
DEVELOPER AWARD
Best Developer (Mumbai) Winner: Sunteck Realty Ltd
DEVELOPMENT AWARD
Best Condo Development (Mumbai) Winner: SunteckWorld by Sunteck Realty Ltd
DESIGN AWARD
Best Landscape Architectural Design Winner: SunteckWorld by Sunteck Realty Ltd
2021 PropertyGuru Asia Property Awards (Sri Lanka)
DEVELOPER AWARDS
Best Developer Winner: Home Lands Skyline (Pvt) Ltd
Best Lifestyle Developer Winner: Kelsey Developments PLC
DEVELOPMENT AWARDS
Best Condo Development (Colombo Metropolitan Region) Winner: Canterbury Golf Resort Apartments by Home Lands Skyline (Pvt) Ltd Highly Commended: Urban Gateway Kottawa by Kelsey Developments PLC
Best Housing Development (Colombo) Winner: Canterbury Golf Villas by Home Lands Skyline (Pvt) Ltd Highly Commended: Central Park Ja-Ela by Kelsey Developments PLC
DESIGN AWARDS
Best Housing Architectural Design Winner: Central Park Ja-Ela by Kelsey Developments PLC
Best Townhouse Architectural Design Winner: Canterbury Golf Villas by Home Lands Skyline (Pvt) Ltd BEST OF SRI LANKA AWARDS
Best Condo Development (Sri Lanka) Winner: Canterbury Golf Resort Apartments by Home Lands Skyline (Pvt) Ltd
Best Housing Development (Sri Lanka) Winner: Canterbury Golf Villas by Home Lands Skyline (Pvt) Ltd
SPECIAL AWARD
Special Recognition in ESG Winner: Home Lands Skyline (Pvt) Ltd
WITH THANKS TO:
• Official cable TV partner History Channel
• Local partner Powderlife
• Official magazine PropertyGuru Property Report
• Official newspaper Daily FT
• Official PR partners FleishmanHillard India and PR Wire Consultancy
• Official charity partner Right To Play
• Official ESG partner Baan Dek Foundation
• Supporting associations Asia MarTech Society and Ceylon Institute of Builders
• Official supervisor HLB
Winners of the 16th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Leading Real Estate Companies of the World®, were presented in a virtual gala celebration on 9 December 2021.
Indonesian companies dominated the awards, which included Best Developer (Asia) for Sinar Mas Land; Best Mixed Use Developer (Asia) for PT Metropolitan Kentjana Tbk; Best Commercial Developer (Asia) for Agung Sedayu Group; and Best Boutique Developer (Asia) for Farpoint. The Best Lifestyle Developer (Asia) and Best Sustainable Developer (Asia) titles went to Gamuda Land (HCMC) JSC. and CapitaLand Development (Vietnam), respectively. Singapore scored four regional wins, including the all-new award of Best Hospitality Developer (Asia) for UOL Group Limited. The Philippines represented two titles, including Best Industrial Developer (Asia) for Aboitiz InfraCapital, Inc. (Integrated Economic Centers), while the Best Breakthrough Developer (Asia) award was presented to Cambodia’s Mekong Land Development Co., Ltd.
Mainland China, Hong Kong, Thailand, and Greater Niseko also claimed regional wins.
1. SINAR MAS LAND HAILED NOT ONLY INDONESIA’S BEST DEVELOPER BUT ALSO ASIA’S 2. THE ICONIC LIAM WEE SIN OF UOL GROUP LIMITED 3. FARPOINT ALSO FLIES THE FLAG HIGH FOR INDONESIA 4. ASIA’S BEST INDUSTRIAL DEVELOPER IS FROM THE PHILIPPINES 5. GOLDEN STATUETTES FOR THE BEST COMMERCIAL DEVELOPER IN ASIA 6. CAPITALAND DEVELOPMENT (VIETNAM) HAILED BEST SUSTAINABLE DEVELOPER IN ASIA 7. AND THE BEST LIFESTYLE DEVELOPER (ASIA) IS GAMUDA LAND (HCMC) JSC 8. INDONESIA AND ASIA’S BEST MIXED USE DEVELOPER RECEIVES ITS TROPHY
THE JURY
Thien Duong Managing Director of Transform Architecture (Vietnam) Amit Khanna Managing Director, Phoenix Advisers (India) Bill Barnett Founder and Managing Director, C9 Hotelworks (Greater Niseko) Christophe Vicic Country Head, Jones Lang LaSalle Philippines, Inc. (Philippines) Doddy A. Tjahjadi Managing Director, PTI Architects (Indonesia) Ken Ip Assistant General Manager and Group Head of Marketing at B.S.C. Group (Mainland China) Kristin Thorsteins Head of Partnerships – SEA, IWG PLC (Singapore) Lui Violanti Regional Manager for Western Australia, Inhabit Group (Australia) Dr. Nirmal De Silva Director and CEO, Paramount Realty (Sri Lanka) Paul Tse President, Board of Directors, Macao Association of Building Contractors and Developers (Hong Kong and Macau) Prem Kumar Deputy Managing Director, Jones Lang Wootton (Malaysia) Sorn Seap Executive Vice President, Cambodian Valuers and Estate Agents Association (Cambodia) Suphin Mechuchep Chairperson, JLL Thailand (Thailand)
1
3
5
7 2
4
6
8
the winners
DEVELOPER AWARDS
Best Developer (Asia) • Great Eagle Holdings Limited — China – Hong Kong • GuocoLand — Singapore • Home Lands Skyline (Pvt) Ltd — Sri Lanka • Sansiri Public Company Limited — Thailand • SC Global Developments Pte Ltd — Greater Niseko • Sinar Mas Land — Indonesia (REGIONAL WINNER) • SM Development Corporation (SMDC) — Philippines • Sunteck Realty Ltd — India • Tropicana Corporation Berhad — Malaysia • Urbanland — Cambodia
Best Lifestyle Developer (Asia) • Astra Land Indonesia — Indonesia • Aurum Land — Singapore • Gamuda Land (HCMC) JSC. — Vietnam (REGIONAL WINNER) • Kelsey Developments PLC — Sri Lanka • OCR Group Berhad — Malaysia • SM Development Corporation (SMDC) — Philippines • Sophea Suites Co., Ltd — Cambodia
Best Mixed Use Developer (Asia) • PT Metropolitan Kentjana Tbk — Indonesia (REGIONAL WINNER)
Best Hospitality Developer (Asia) • Habitat Hospitality Co., Ltd. — Thailand • UOL Group Limited — Singapore (REGIONAL WINNER)
Best Commercial Developer (Asia) • Agung Sedayu Group — Indonesia (REGIONAL WINNER)
Best Industrial Developer (Asia) • Aboitiz InfraCapital, Inc. (Integrated Economic Centers) — Philippines (REGIONAL WINNER) Best Sustainable Developer (Asia) • CapitaLand Development (Vietnam) — Vietnam (REGIONAL WINNER) • PT Intiland Development Tbk — Indonesia
Best Boutique Developer (Asia) • Aurum Land — Singapore • Farpoint — Indonesia (REGIONAL WINNER) • Habitat Group Co., Ltd. — Thailand • National Housing Organization, JSC — Vietnam
Best Breakthrough Developer (Asia) • Andaman Asset Solution Co., Ltd. — Thailand • CSC Land Group (Singapore) Pte Ltd — Singapore • Mekong Land Development Co., Ltd — Cambodia (REGIONAL WINNER) • PIK — Philippines • PT Adhi Commuter Properti — Indonesia
DEVELOPMENT AWARDS
Best Township Development (Asia) • Davao Global Township (DGT) by Cebu Landmasters, Inc. — Philippines (REGIONAL WINNER) • Jababeka Residence by PT Jababeka Tbk — Indonesia • Mutiara Rini Skudai by Boustead Properties Berhad — Malaysia
Best Industrial Development (Asia) • Binh Duong Industrial Park by Frasers Property Vietnam — Vietnam (REGIONAL WINNER) • Food21 by Logos Group — Singapore • GIIC @ Kota Deltamas by Sinar Mas Land & Sojitz Corporation — Indonesia • LIMA Estates by Aboitiz InfraCapital, Inc. (Integrated Economic Centers) — Philippines • The Detached Factories by Sime Darby Property (Bukit Raja) Sdn. Bhd. — Malaysia Best Mixed Use Development (Asia) • Gold City by SM Development Corporation (SMDC) — Philippines • Guangzhou International Commercial Center by Guangzhou Yuexiu Commercial Real Estate Investment & Management Co., Ltd — Mainland China (REGIONAL WINNER) • Patria de Cebu by Cebu Landmasters, Inc. — Philippines • Prince Happiness Plaza by Prince Real Estate (Cambodia) Group Co., Ltd. — Cambodia • Sindhorn Village by Siam Sindhorn Co., Ltd. — Thailand • Southgate Residence at TB Simatupang Area by Sinar Mas Land — Indonesia • Terra by Putrajaya Holdings Sdn Bhd — Malaysia • The Pavilions Niseko & The Ginto Residences by The Pavilions Niseko KK — Greater Niseko
Best Hotel Development (Asia) • Dharma Niseko (達磨 ニセコ) by Parry (Group) Property Investment & Development Company Ltd — Greater Niseko • InterContinental Hotel & Residences Jakarta Pondok Indah by PT Metropolitan Kentjana Tbk — Indonesia • Kimpton Kitalay Samui by Choengmon Real Estate Company Limited — Thailand (REGIONAL WINNER) • The Botanica Sanctuary by Agung Sedayu Group — Indonesia
Best Office Development (Asia) • 107 AGUIRRE by ATLASLAND — Philippines • Telkom Landmark Tower Surabaya by Telkom Property — Indonesia • Thanh Cong Tower by TCG Land – a member of Thanh Cong Group — Vietnam • Yuexiu Fortune Center by Guangzhou Yuexiu Commercial Real Estate Investment & Management Co., Ltd — Mainland China (REGIONAL WINNER)
Best Retail Development (Asia) • KCC City Business Park, Muar by KCC Realty — Malaysia • Pondok Indah Mall 3 by PT Metropolitan Kentjana Tbk — Indonesia (REGIONAL WINNER) • Zhongshan Huafa Mall by Zhuhai Huafa Properties Co., Ltd. 中山华发 商都 by 珠海华发实业股份有限公司 — Mainland China
Best Condo Development (Asia) • 380 Melbourne by Brady Property Group — Australia • Canterbury Golf Resort Apartments by Home Lands Skyline (Pvt) Ltd — Sri Lanka • Gold Residences by SM Development Corporation (SMDC) — Philippines • Ontolo by Great Eagle Holdings Limited — China-Hong Kong • Park Nova by Shun Tak Holdings — Singapore (REGIONAL WINNER) • Park Vera by Shui On Land — Mainland China • Senada Residences by Sime Darby Brunsfield Resort Sdn Bhd — Malaysia • Setsu Niseko by SC Global Developments Pte Ltd — Greater Niseko • SunteckWorld by Sunteck Realty Ltd — India • The Grand Hanoi by Masterise Homes — Vietnam • The Residences at Sindhorn Kempinski Hotel Bangkok by Siam Sindhorn Co., Ltd. — Thailand • THE SUITES AT GORORDO by WORLDWIDE CENTRAL PROPERTIES, INC. — Philippines • Verde Two by Farpoint — Indonesia • Vue Aston by The Peninsula Capital Co., Ltd — Cambodia • Yunē by Beijing Heli Yunxing Real Estate Co., Ltd. — Mainland China
Best Housing Development (Asia) • Bridge P.M. by Volume Projects — Australia • Canterbury Golf Villas by Home Lands Skyline (Pvt) Ltd — Sri Lanka • Chankiri Palm Creek by Urbanland — Cambodia • Dalian Huafa Hill by Zhuhai Huafa Properties Co., Ltd. 大连华发山 庄 by 珠海华发实业股份有限公司 — Mainland China • Elmina Green 4 by Sime Darby Property (City of Elmina) Sdn. Bhd. — Malaysia • Istani Villas by Idea Development — Thailand • Mt. La Vie by Sino-Ocean Group — China-Hong Kong (REGIONAL WINNER) • Nim Collection by Bukit Sembawang Estates Limited — Singapore • Panorama Niseko by Marumi KK — Greater Niseko • Seafront Residences by AboitizLand, Inc. — Philippines • The Glen by Gamuda Land (HCMC) JSC. — Vietnam • The Sanctuary Collection by Perennial Holdings, PT Cipta Harmoni Lestari & Qingjian Realty — Indonesia
Best Green Development (Asia) • BSD City by Sinar Mas Land — Indonesia • Frasers Tower by Frasers Property Singapore — Singapore • Mandani Bay Suites by HTLand Inc. — Philippines • Pan Pacific Orchard by UOL Group Limited — Singapore (REGIONAL WINNER) • Yuexiu Financial Tower by Guangzhou Yuexiu Commercial Real Estate Investment & Management Co., Ltd — Mainland China
DESIGN AWARDS
Best Township Masterplan Design (Asia) • Paramount Petals by Paramount Land — Indonesia (REGIONAL WINNER)
Best Mixed Use Architectural Design (Asia) • Alibaba Central China Headquarters and Industrial Complex 阿里巴巴华中总部暨产业社 区基地 by Benoy — Mainland China • Commercial Development at Kiu Tau Wai, Yuen Long by Atelier Global — China-Hong Kong (REGIONAL WINNER) • Marc’s Boulevard by Triniti Land — Indonesia • Masteri Waterfront by Masterise Homes — Vietnam • OCT OH Bay 宝安欢乐港湾 by Laguarda.Low Architects — Mainland China • The Magnolia Residences by RLC Residences — Philippines • THE SUITES AT GORORDO by WORLDWIDE CENTRAL PROPERTIES, INC. — Philippines
Best Hotel Architectural Design (Asia) • Casa Marina Premium by BCG Land — Vietnam • Dharma Niseko (達磨 ニセコ) by Parry (Group) Property Investment & Development Company Ltd — Greater Niseko • Pan Pacific Orchard by UOL Group Limited — Singapore (REGIONAL WINNER) *Award given to outstanding hotel and/or resort
Best Office Architectural Design (Asia) • CSC Center, Tian Jin, China 天 津中建总部大楼 by HZS Design & China State Construction Land (Tianjin) HZS汇张思 & 中建地产 （天津）— Mainland China • One Mandani Bay by HTLand Inc. — Philippines • SMI Tower by Simbiotik Multitalenta Indonesia — Indonesia (REGIONAL WINNER)
Best Retail Architectural Design (Asia) • Bintaro Jaya Xchange by Lead8 — Indonesia • Central Market PIK by Agung Sedayu Group & Salim Group — Indonesia • Sanya CDF Mall II 三亚国际免税城 二期 by Benoy — Mainland China (REGIONAL WINNER) • The Waterfront Community Mall by Blissful Capital Co., Ltd — Cambodia
Best Condo Architectural Design (Asia) • 380 Melbourne by Brady Property Group — Australia • Aoyuan Luyu One, Chengdu 奥 园 成都麓语ONE by HZS Design & China Aoyuan Group Limited HZS 汇张思 & 中国奥园集团 — Mainland China • AraTre’ Residences @ Ara Damansara by Puncakdana Sdn. Bhd. — Malaysia • BE Residences Lahug by Benedict Ventures, Inc. — Philippines • Celes Asoke by Lucky Living Properties Co., Ltd. — Thailand • China Overseas One Sino Residence, Beijing 中海 北京甲叁号 院 by HZS Design & China Overseas HZS汇张思 & 北京中海地产 — Mainland China • CIFI Group: Fu Yang Shuang Qing Jiang Lai 旭辉 阜阳双清江来 by HZS Design & CIFI Group HZS汇张思 & 旭辉集团 — Mainland China • COB: Stream View Palace 中海 长沙阅溪 by HZS Design & China Overseas Land & Investment HZS 汇张思 & 中國海外發展 — Mainland China • Greentown The Willow Shores 舟 山绿城长峙岛柳岸晓风 by Hangzhou 9M Architectural Design Co., Ltd. 杭州九米建筑设计有限公司 — Mainland China • Holme Ekkamai 22 by S A Future Property Company Limited — Thailand • Hopson: Miya 合生 me悦 by HZS Design & Beijing Heyishengjing Real Estate HZS汇张思 & 北京合亦 盛景置业 — Mainland China • Jinke & Zhongliang Emerald Mansion 金科·中梁博翠江樾 by Changsha Zhongliang Heng Real Estate Co. Ltd 长沙中梁恒置业有限 公司 — Mainland China • Klimt Cairnhill by Low Keng Huat (S) Limited — Singapore • Midtown Modern by GuocoLand with Hong Leong Holdings and Hong Realty (Private) — Singapore • Paul & Prive by Triniti Land — Indonesia • Promena by National Housing Organization, JSC. — Vietnam (REGIONAL WINNER) • Setsu Niseko by SC Global Developments Pte Ltd — Greater Niseko • The Filmore Da Nang by Filmore Development — Vietnam • Van Holland by Koh Brothers Development Pte Ltd — Singapore • Vue Aston by The Peninsula Capital Co., Ltd — Cambodia • Verdale by CSC Land Group (Singapore) Pte Ltd and Coli (Singapore) Pte Ltd — Singapore
Best Housing Architectural Design (Asia) • Asongkhai by Ametus Development Co., Ltd. — Thailand • Canterbury Golf Villas by Home Lands Skyline (Pvt) Ltd — Sri Lanka • Central Park Ja-Ela by Kelsey Developments PLC — Sri Lanka • Chankiri Palm Creek by Urbanland — Cambodia • Damara Village Ubud Alaya Collection by Greenwoods Group — Indonesia • Greentown Xixi Yunlu 杭州 绿城西溪雲庐 by Hangzhou 9M Architectural Design Co., Ltd. 杭州 九米建筑设计有限公司 — Mainland China (REGIONAL WINNER) • Istani Villas by Idea Development — Thailand • Mt. La Vie by Urbanprojects Architecture & Planning & SinoOcean Group — China – Hong Kong • Panorama Niseko by ISA Architects Inc. — Greater Niseko • The Glamor Ekkamai – Praditmanutham by Peace and Living Public Company Limited — Thailand • The Sanctuary Collection by Perennial Holdings, PT Cipta Harmoni Lestari & Qingjian Realty — Indonesia
Best Hotel Interior Design (Asia) • Dharma Niseko (達磨 ニセコ) by Parry (Group) Property Investment & Development Company Ltd — Greater Niseko • Park Hyatt Phu Quoc Residences by BIM Land (a member of BIM Group) — Vietnam (REGIONAL WINNER) • Parkroyal Collection Marina Bay by UOL Group Limited and Singapore Land Group Limited — Singapore • Radisson Red by Cebu Landmasters, Inc. — Philippines
Best Condo Interior Design (Asia) • Agile • Shanqin Bay, Hainan 雅居 乐 • 海南山钦湾 by CLV.Design 赛拉 维设计 — Mainland China • Bellevue Place @MT Haryono by Gapura Prima Group — Indonesia • Cairnhill 16 by TSKY Cairnhill Pte. Ltd. — Singapore • Celes Asoke by Lucky Living Properties Co., Ltd. — Thailand • Ki Residences by Hoi Hup Sunway Clementi Pte Ltd — Singapore • No. 6 Sydney St by V-Leader — Australia • Setsu Niseko by SC Global Developments Pte Ltd — Greater Niseko (REGIONAL WINNER) • The Grand Hanoi by Masterise Homes — Vietnam • The Hyde by Aurum Land — Singapore • The Velaris Residences by RHK Land Corporation — Philippines
Best Housing Interior Design (Asia) • Maison Blanche – Sukhumvit 67 by Baan Sasidara Co., Ltd. — Thailand (REGIONAL WINNER) • Mekong City by Mekong Land Development Co., Ltd — Cambodia
Best Landscape Architectural Design (Asia) • Agile Mont Kiara by Agile Real Estate Development Sdn Bhd — Malaysia • Chankiri Palm Creek by Urbanland — Cambodia • Clavon by UOL Group Limited and Singapore Land Group Limited — Singapore • Gold Residences by SM Development Corporation (SMDC) — Philippines • Government Center: Sustainable Landscape Master Planning by Dhanarak Asset Development Co., Ltd. — Thailand • Grand Marina, Saigon by Masterise Homes — Vietnam (REGIONAL WINNER) • Harbin ShenHa Center 哈尔滨 深哈中心 by Unlimited Metropolis Design Studio 里表都会 — Mainland China • Juniper Hill by Allgreen Properties Limited — Singapore • Midtown Modern by GuocoLand with Hong Leong Holdings and Hong Realty (Private) — Singapore • Normanton Park by Kingsford Group — Singapore • Oneder Kaset Condo by Eakphoomsub Development Company Limited — Thailand • Parc Central Residences by Hoi
Hup Sunway Tampines JV Pte Ltd — Singapore • SunteckWorld by Sunteck Realty Ltd — India • The Peak by Phu My Hung Development Corporation — Vietnam • Toba Lake Villas at Asya by PT Astra Modern Land — Indonesia • Verde Two by Farpoint — Indonesia • Willow Brighton by Samuel Property — Australia SPECIAL AWARD
Special Recognition for Contribution to the Built Environment • OCT OH Bay 宝安欢乐港湾 by Laguarda.Low Architects — Mainland China (REGIONAL WINNER)
PUBLISHER’S CHOICE
PropertyGuru Icon Award • Liam Wee Sin, Group Chief Executive, UOL Group Limited
WITH THANKS TO:
• Platinum sponsor Kohler
• Gold sponsor Leading Real Estate Companies of the World®
• Official portal partners Batdongsan.com.vn, DDProperty.com, PropertyGuru.com.my, PropertyGuru. com.sg, and Rumah.com
• Official cable TV partner History Channel
• Official magazine PropertyGuru Property Report
• Official PR partners Dreamhub Consultancy, FleishmanHillard, Infinity Communications, Klareco Communications, MMG Group, PR Wire Consultancy, T&H Communications, and Two Way PR
• Supporting associations Asia MarTech Society, British Chamber of Commerce Thailand, Ceylon Institute of Builders, Design Epoch, Global Design Awards Lab, Green Building Consulting & Engineering, and Singapore Estate Agents Association • Official charity partner Right To Play
• Official ESG partner Baan Dek Foundation
• Official supervisor HLB
ADVERTORIAL
LIFE WITH A VIEW
Blessed with vistas like no other, a prime spot in renowned Philippine tourist destination Mactan attracts reputable residential and resort developers
It is no secret that the azure waters and sands of Mactan, one of the Philippines’ most well-known islands, make for truly panoramic vistas. Many international tourists can head straight to Mactan, thanks to the island’s awardwinning eponymous airport, which is an important gateway to the archipelago’s southern regions.
A plethora of upmarket properties are concentrated in the peninsula of Punta Engaño, the island’s hub for vacation homes and five-star hotels and resorts. One of the most prime locations in Mactan, the peninsula is home to Dusit Thani Mactan Cebu Resort and its stunning neighbour: AmiSa Private Residences, a resort-inspired development by RLC Residences.
The award-winning developer launched earlier this year Tower D, the fourth building in the seaside development. RLC Residences chose the site on the highly coveted northern tip of the peninsula for its unobstructed views of the Visayan Sea.
“We are proud to finally introduce this residential development in Cebu featuring our improved home offerings, in line with our commitment to continuously raise the standards of living. We hope that through this, along with our upcoming projects, we can be our customer’s reliable partner in their quest to find the home that they dream of,” says John Richard Sotelo, senior vice-president and business unit general manager of RLC Residences, in a statement.
Homeowners of AmiSa Private Residences can enjoy panoramic views from their units’ balconies that feature glass railings. Residents are also treated to great views from inside their homes: Window sizes have been increased in the units for residents to better appreciate the vistas.
As an alternative, they can relish the views and refreshing Mactan breeze from the Sky Lounge, a lush rooftop space where homeowners and guests can mingle above the new tower.
The Sky Lounge is just one of many amenities offered by the development. AmiSa Private Residences is filled with 360 resort-like experiences, from the hotel-like lobby to the private gym, the function room to the work lounge, and the private theatre to the residents’ lounge.
ADVERTORIAL
Bringing vacation homes to the cutting edge of technology, RLC Residences is equipping AmiSa Private Residences with various smart home features. These innovations include a smart lockset, audio-visual intercom, intelligent lights, control panel, infrared emitter, and more.
Property seekers can choose from a diverse unit mix including studios, one-bedrooms, corner one-bedrooms, big one-bedrooms, and two-bedrooms, in sizes of up to 74.5 square metres. The units have been upgraded to include a work-from-home provision, perfect for those telecommuting during the pandemic. Some unit types even boast upgrades like pantry drawers and cabinets, walk-in closets, and kitchen cabinets with frosted glass doors.
The relaxed atmosphere of the development will surely appeal to professionals and entrepreneurs who also happen to be frequent travel, entertainment and leisure seekers. Not only does AmiSa Private Residences remind its residents of a resort; it actually sits close to one. Residents have the privilege of beach access to Dusit Thani Mactan Cebu Resort as well as use of its amenities and facilities. They can also take advantage of Dusit Thani’s on-call shuttle services.
Many residential developments today hope to simulate the vacation experience for its occupants. AmiSa Private Residences’ is no different, except that it is really located in a holiday destination, with smart home features and other conveniences.
The case for AmiSa Private Residences is as clear as its sea views: This is the place to be in Mactan.
Visit the official website rlcresidences.com and the AmiSa Private Residences pop-up booth on the ground floor of Robinsons Galleria Cebu
LRT City MTH
Cawang, Jakarta
LRT City MTH – MTH 27 Office Suites is a green office tower in Jakarta Timur (East Jakarta). Built with sustainable design and construction methods, the tower has received the Preliminary EDGE Advanced Certificate from the Green Building Council Indonesia (GBCI) and is set to obtain the Platinum rank for design recognition from the green certification body. The development consists of 11 levels of office spaces, four levels of basement parking facilities, and two levels of commercial spaces. It uses a double-glazing system, which increases the tower’s thermal insulation, with daylight sensors to reduce the building’s energy consumption. It also reduces water use via wastewater treatment and recycling systems as well as rainwaterharvesting practices. An easy access to public transportation is one of the development’s unique selling points. The site is directly connected to the Cliwung LRT Station via a sky bridge and sits just 10 metres away from Cawang CIliwung Transjakarta Shelter. A transit hub, the project is only 600 metres from Cawang KRL Station and stands close to the Jakarta inner ring road toll gate.
Apart from offering multiple levels of car parking spaces, the building provides many facilities that support the bike-to-work concept, with a special parking area, shower rooms, a bike spa, and a bike workshop for cyclists. The building also offers co-working spaces and multi-purpose rooms.
BEST BREAKTHROUGH DEVELOPER (INDONESIA)
PT Adhi Commuter Properti
FACT BOX
Developer: PT Adhi Commuter Properti Tbk. Product type: Office suites Architect: Indomegah Launch date: December 2018 (groundbreaking) Completion date: November 2020 Total land area: 3,989 sqm Average unit size: 1.011 sqm SG per floor Monthly rental price range: IDR225,000325,000 per sqm (excluding PPN) Monthly service charge: IDR70,000 per sqm (excluding PPN) Facilities: Banks with ATM centres, café, mini-market, musholla, four-level basement parking, rooftop lounge, bicycle parking area with shower room, pedestrian plaza, nursery room, toilets for PWD
Sales contact details:
Tel: 021 2277 2277, 0877 7722 2727 Email: info.mth27@gmail.com Address: Jl. MT Haryono Kav 27, Cawang, Jakarta Timur, Indonesia
Southgate
TB Simatupang Area, South Jakarta
Southgate is a superblock development in the TB Simatupang area of South Jakarta. Developer Sinar Mas Land envisioned Southgate as a complete work-live-play development with plenty of outdoor and indoor facilities alike.
The components of Southgate include Japanese shopping mall AEON as well as the various upmarket residential developments connected to it, such as the Elegance Tower, Prime Tower, and Altuera Apartments. The superblock also contains a grade-A office high-rise with over 27,800 sqm in workspaces strategically positioned to meet the demand of today’s business community. Sixty percent of the entire development is devoted to green areas, “where urban luxury meets green living” and residents maintain healthy lifestyles. The superblock also hosts a multitude of facilities such as sports areas, a sky pool, and theatre rooms, among many others. Many supporting amenities surround the development, ranging from international schools to office buildings. The Southgate area is connected to the Tanjung Barat Commuterline and Transjakarta Bus Stop. It also sits close to the entrance and exit of the JORR Toll Road.
BEST MIXED USE DEVELOPMENT (INDONESIA)
Southgate Residence at TB Simatupang Area by Sinar Mas Land
FACT BOX
Developer: Sinar Mas Land Product type: Apartment Architect: Airmas Asri Launch date: 2020 Total land area: 5.4 ha Number of units: 894 Unit size: 30-161 sqm Price range: From 1-6 BIO
Sales contact details:
Tel: +62 21 295 800 80 Website: www.southgate.id
Greenland International Industrial Center (GIIC)
Cikarang Pusat, Indonesia
Greenland International Industrial Center (GIIC) is a 2,151-hectare industrial park in the township of Kota Deltamas in Central Cikarang, part of Bekasi District in West Java, Indonesia. Now home to more or less than 125 tenants, the development is equipped with international-standard facilities and infrastructure. They include clean water and wastewater processing facilities; electricity supply with premium service; gas supply; telecommunication networks; and optical fibres, making the area suitable for hightech industries, especially data centres.
Kota Deltamas itself is an integrated modern area covering more than 3,185 hectares with industrial, residential, and commercial zones. The township is strategically located in the industrial-heavy area east of Jakarta with direct access from the JakartaCikampek KM 37 toll road.
Kota Deltamas is developed by PT Puradelta Lestari Tbk., a joint venture between Sinar Mas Land and Sojitz Corporation from Japan. A KLIK area or Area of Direct Construction Investment, GIIC offers ready-to-build industrial land (graded land) to various types of industrial players in diverse sectors, from manufacturing to automotives to technology.
BEST INDUSTRIAL DEVELOPMENT (INDONESIA)
GIIC @ Kota Deltamas by Sinar Mas Land & Sojitz Corporation
FACT BOX
Developer: PT. Puradelta Lestari and PT. Pembangunan Deltamas Product type: Industrial estate Architect: AECOM (masterplanner) Launch date: 2010 Total land area: 2.151 ha Facilities: Wastewater treatment plant, premium-priority power supply, gas supply, optical fibre
Sales contact details:
Tel: +62 21 89971188 Email: deltamascity@gmail.com, businessdev@deltamas.co.id, Address: Marketing Office Kota Deltamas, Jl. Tol Jakarta-Cikampek Km 37 Cikarang Pusat, Bekasi, Indonesia
The Botanica Sanctuary
Bogor, Indonesia
The Botanica Sanctuary is a first-class hospitality project in the heart of Puncak, Bogor. Managed by TAUZIA Hotels, a member of The ASCOTT Limited, the hotel and resort feature international-standard facilities and services.
Due to its strategic location, The Botanica Sanctuary offers spectacular mountain views and lush pine forests. It is only a fiveminute drive from Taman Safari Indonesia, a world-class zoo that has been named the best conservation site by the Indonesian Ministry of Forestry.
The Botanica Sanctuary comprises 166 rooms, including 42 suites in eight different types, namely Superior, Deluxe, Premier, Unique Corner, Loft Family Room, Unique Corner Suite, The Valley Suites, The Garden Suites, and The Botanica Suites.
The resort also features an all-day dining restaurant called The Garden Brasserie, which offers a delectable spread of international and local favourites. Guests and diners can choose from four culinary themes featuring Indonesian, Western, Japanese and Middle Eastern cuisines. The property also contains the Gyu Steak House, a specialty restaurant that offers grilled meat specialties as well as tea and refreshing drinks.
Other facilities include the Rafflesia lounge; the rooftop swimming pool overlooking stunning mountain landscapes; spa facilities; and a giant swing photo spot.
BEST HOTEL DEVELOPMENT (INDONESIA)
The Botanica Sanctuary by Agung Sedayu Group
FACT BOX
Developer: Agung Sedayu Group Product type: Hotel Architect: Ir. Sarjono Launch date: October 2021 Completion date: September 2021 Total land area: 27.67 hectares Number of rooms: 166 Average unit size: 48 sqm Price range: IDR1.57-3.27 million Monthly maintenance fees: USD108- 227 Facilities: All-day dining (The Garden Brasserie), restaurant (GYU Steak House), lounge, rooftop swimming pool, jacuzzi
Sales contact details:
Tel: +62 811-395-652 Email: dos-thebotanica.pesonaalam@tauzia.com Website: thebotanicapesonaalam.com Address: Jl. Taman Safari 101 Kp. Baru Tegal Desa Cibeureum Cisarua, Bogor, Indonesia
Central Market PIK
Pantai Indah Kapuk, Jakarta
Central Market PIK is a retail development on Golf Island at Pantai Indah Kapuk in Jakarta. The project is envisioned as a semi-outdoor retail compound, crowned by a rooftop garden and filled with alfresco restaurants where diners and shoppers can enjoy the open-air ambiance.
Amantara, a joint venture between Agung Sedayu Group and Salim Group, chose this concept to safeguard the health of consumers and optimise the utilisation of the building, thereby ensuring its viability for life.
Central Market PIK follows a biophilic design, connecting the community to nature through greenery inside and outside the building from vertical gardens to a green amphitheatre. The project also introduces consumers to the concept of dining within a potager-style garden. This concept extends to the rooftop garden with a spacious grassy area and a water feature where children can play, plus a pet park and event areas. The green roof provides shade, reduces heat, and promotes good environmental sustainability.
Central Market PIK implements a natural method of cross-ventilation using highvolume, slow-speed fans as well as water features like ponds and streams to enhance the outdoor dining experience.
Sustainable materials have gone into building Central Market PIK. Earthy materials such as used and exotic woods, along with stones, combine with clean lines and a muted colour palette to create a modern tropical style for Central Market PIK.
BEST RETAIL ARCHITECTURAL DESIGN (INDONESIA)
Central Market PIK by Agung Sedayu Group & Salim Group
FACT BOX
Developer: Agung Sedayu Group and Salim Group - Amantara Product type: Commercial and retail Architect: PTI Architect Launch date: May 2022 Total land area: 17,195 sqm Number of units: 80 Average unit size: 150 sqm Facilities: Parking space, toilets, WiFi, musola, handwash stations, and more
Sales contact details: Tel: +62 811-1503-505
Chankiri Palm Creek
National Road 2, Phnom Penh
Chankiri Palm Creek is the first residential borey development by Urbanland that brings to life the company’s people-centred design philosophy. After two years of research to discover people’s hopes and dreams of what their ideal home is, the developer has finally unveiled homes which are thoughtfully designed to put people’s needs first and reflect their aspirations for a better future. The development is located along National Road 2, five minutes off of Sam Dech Hun Sen Boulevard (60 Metre Road) in southern Phnom Penh.
Chankiri Palm Creek has been masterplanned to be very walkeable, where a park is within a three to five-minute walking distance of every home. It also holds many community-oriented spaces. The development features a 4,500-squaremetre central park, connected to a linear park called Grand Walk. Within this expanse of greenery are pocket parks and other facilities that foster community and promote healthy living, such as senior and youth exercise corners, a scented garden, hammock area, reflexology path, and more. Because of this, Chankiri Palm Creek’s homes are flexibly designed and easily adapted to the diverse needs of homeowners as their families grow. Most home types in Chankiri Palm Creek contain a multi-purpose room that can convert into a working space, study room, and other uses. Also, their open kitchen can transform into a closed one by putting up a curtainwall that separates it from the dining spaces. Meanwhile, the master bedrooms can combine with the adjacent room, forming a connecting room which gives parents the flexibility to stay close to their young ones.
WINNER
BEST HOUSING ARCHITECTURAL DESIGN
Chankiri Palm Creek by Urbanland
WINNER
BEST HOUSING DEVELOPMENT (CAMBODIA)
Chankiri Palm Creek by Urbanland
WINNER
BEST HOUSING DEVELOPMENT (PHNOM PENH)
Chankiri Palm Creek by Urbanland
WINNER
BEST HOUSING LANDSCAPE ARCHITECTURAL DESIGN
Chankiri Palm Creek by Urbanland
FACT BOX
Developer: Urbanland Product type: Housing Architect: HKA & Partners Launch date: 2021 Completion date: 2023 Total land area: 15 ha Number of units: 375 Facilities: Central park, pocket parks, community spaces, tea house, sports area, senior corner, gardens Price range: From USD24,000
Sales contact details:
Tel: 061 888 580, 015 588 580 Email: sales@urbanlandasia.com Address: National Road 2, Phnom Penh, Cambodia
Central Park – Ja Ela
Ja Ela, Sri Lanka
Kelsey Homes has launched Phase Three of its renowned project Central Park Ja– Ela, following the success of Phases One and Two.
Central Park Ja– Ela is a mixed housing development with more than 350 well-appointed houses and apartments in one of the most centrally located sites in Sri Lanka. The project is inspired by a desire to provide families a canvas to “draw their own story…in a dynamic, fast-paced world”, according to the design team led by renowned architect Mr. Murad Ismail of MICD Associates. It is closely connected to nature through sprawling garden spaces and open areas, aimed at nourishing residents’ spiritual wellbeing in addition to paying attention to the design’s material composition. Central Park Ja– Ela offers a diverse repertoire of excellent services as well as more than 40 amenities, including a fully equipped gymnasium, outdoor pool, club house, natural ponds, garden areas, jogging track, yoga studio, day care centre, open kids’ play areas, wellness centre, and supermarket.
One of the largest gated mixed housing projects in Sri Lanka, the 15-acre site is located only 500 meters from Negombo road; five minutes from the highway entrance; 20 minutes from Katunayake; and 30 minutes from Port City via the Port Access Elevated highway.
HIGHLY COMMENDED
BEST HOUSING DEVELOPMENT (COLOMBO)
Central Park Ja-Ela by Kelsey Developments PLC
WINNER
BEST HOUSING ARCHITECTURAL DESIGN
Central Park Ja-Ela by Kelsey Developments PLC
FACT BOX
Developer: Kelsey Developments PLC Product type: Mixed development Architect: Murad Ismail Launch date: June 2020 Completion date: 2023 Total land area: 15 acres Number of units: 355 Average unit size: From 1,200 sq ft Price range: From LKR19 million
Sales office contact:
Tel: +94 112 709 709 Email: sales@kelsey.lk Address: Kelsey Developments PLC, No. 15, Walukarama Road, Colombo 03, Sri Lanka
Sophea Suites
BKK I, Phnom Penh
Sophea Suites is a serviced apartment development in Boeng Keng Kang I (BKK I), one of the most prominent residential districts in central Phnom Penh.
Located at Street 322 in Phnom Penh’s Khan Chamkarmon area, the serviced apartments are spacious, sun-filled living spaces with full views of the city and river. The interiors boast high ceilings and tall windows and gleam with recessed lighting, high-quality tiles, and marble surfaces, following an elegant black-and-white colour scheme. Already fully furnished, the units contain high-end kitchens and are fitted with Italian appliances.
In addition, Sophea Suites comes with various lifestyle facilities including a landscaped rooftop and swimming pool, offering residents a tonic for the busyness of city-living.
Complementing these features is a high level of customer service from the Sophea Suites staff, making tenants feel at home in Phnom Penh.
WINNER
BEST SERVICED APARTMENT DEVELOPMENT
Sophea Suites by Sophea Suites Co.,Ltd
WINNER
BEST SERVICED APARTMENT INTERIOR DESIGN
Sophea Suites by Sophea Suites Co.,Ltd
FACT BOX
Developer: Sophea Suites Apartment Co. Ltd. Product type: Serviced apartment Launch date: August 2021 Completion date: July 2021 Total land area: 560 sqm Number of units: 40 Average unit size: 200 sqm Facilities: Gym, pool, steam room, sauna, kids’ playroom, meeting room, and more Rental price: USD3,500 per month
Sales contact details:
Tel: 023 98 58 58 Email: sopheasuites@sopheaapartment.com
The Hyde
11 Balmoral Road, Singapore
The Hyde is a collection of 117 rare freehold homes developed by award-winning company Aurum Land. Tucked away in Goodwood Hill along Balmoral Road, The Hyde offers property seekers an escape from the busy Singapore life.
The development takes inspiration from the avant-garde approach of the Serpentine Pavilions at the Hyde Park in London. Designed by FDAT Architects, The Hyde presents itself as an aesthetic construct balanced harmoniously against a backdrop of abundant nature.
As such, The Hyde is meticulously landscaped with lush tropical foliage to provide subtle screening. At the same time, it is built with full-height glazed façades and sashless windows, offering building occupants with uninterrupted, expansive views. The Hyde stands apart from other developments because of its distinct sculptural profile. A terraced garden, grand pillars, and contemporary lines frame the exteriors of the building like an artwork.
Residents walk through a visually stunning entrance into interiors with marble elements, branded fixtures and fittings, and white oak flooring. In addition, smart home systems with multiple levels of security provide homeowners and their designated guests with diplomat-level privacy. Furthermore, The Hyde gives residents access to modern amenities like a smart-parcel collection station, in addition to concierge services.
The Hyde stands close to the Newton MRT interchange and is easily accessible from Bukit Timah Road, Stevens Road, PIE and CTE.
WINNER
BEST BOUTIQUE CONDO INTERIOR DESIGN
The Hyde by Aurum Land
FACT BOX
Developer: Aurum Land (Private) Limited Product type: Condominium Architect: FDAT Architects LLP Launch date: June 2019 Target completion date: H1 2022 Total land area: 6,220 sqm (66,951 sq ft) Number of units: 117 Average unit size: 886 sq ft Facilities: Sky deck, sky pool, sky club, sky garden, the plaza, gymnasium, lawn, constellation pool, poolside cabanas, sun lounge deck, secret pool & jacuzzi, garden club, yoga deck, lawn sculpture, boardwalk, wading pool, social pavilion, playground, playroom, concierge, bicycle parking, and more Monthly maintenance fees: From SGD400 Price range: SGD1.42-5.017 million
Sales office contact:
Tel: +65 8838 6419 Email: enquiry@aurum.sg Office address: Found8, 79 Anson Road, #23-01 Singapore 079906
The Hive Residences
Rizal, Philippines
The Hive Residences is the first integrated mid-rise residential condominium community in Taytay, a municipality in the province of Rizal beside Metro Manila in the Philippines.
Developed by PH1 World Developers, formerly MySpace Properties, Inc (MSPI), The Hive Residences offers a safe, sound haven in Brgy. San Isidro along Ortigas Avenue Extension for discerning property seekers. The project is designed to have spacious amenities and provide ample natural light and ventilation through innovative architecture to residents.
The Hive Residences is a project built in partnership with Megawide, the AAAA builder contractor responsible for some of the Philippines’ best-known infrastructure developments and other large-scale projects. The Hive Residences suits property seekers looking for a balanced blend of work and play in their careers or professional lives. With various facilities on offer, the project offers an exclusive sanctuary to those who need rest and relaxation after work.
The Hive Residences is conveniently located near shopping malls and other commercial establishments. Residents have easy access to multiple transportation options near the site, whether to destinations within Metro Manila or in nearby provinces.
The Hive Residences won Best Condo Development (Central Luzon) at the 9th PropertyGuru Philippines Property Awards. The independent panel of judges were impressed by the generous allocation for green and open spaces at the development and its well-placed facilities, making it a truly family-friendly property.
WINNER
BEST CONDO DEVELOPMENT (CENTRAL LUZON)
The Hive Residences by PH1 World Developers
FACT BOX
Developer: PH1 World Developers Product type: Condominium Architect: Edward Co Tan + Architects (ECTA) Launch date: 2015 Completion date: 2022 Total land area: 21,000 sqm Number of units: 978 Average unit size: 35.75 sqm Facilities: Pocket garden, jogging paths, swimming pools, function area, gym and shopping mall Monthly maintenance fees: PHP79 per sqm Price range: PHP3-4.8 million
Sales office contact:
Tel: 09175706396 Email: info@ph1world.com Address: GF My Enso Lofts Showroom, South Insula, Timog Ave., Quezon City, Philippines
Green 2 Residences
Cavite, Philippines
Green 2 Residences is a master-planned, student-oriented development in Dasmariñas City, the University Capital of Cavite, a province south of Metro Manila. Home to over 20 reputable colleges and universities, the area captures an extensive rental market, including a student population of over 20,000 that grows at 2% per year.
A project by leading real estate developer SM Development Corporation (SMDC), Green 2 Residences is designed to help students thrive as the Philippine education system returns to in-person learning.
The development presents topnotch amenities that promote an exceptional brand of study-life balance and fit the modern student lifestyle: ensuring that students are constantly rejuvenated and perform at their optimum level.
Students can focus on their studies at Green 2 Residences’ function or study hall, for example. When they need a change of scenery, they can simply take in the fresh air at the covered porch and open lawns. And for downtime well spent, residents can go for a quick dip at the swimming pool or break a sweat at the fully equipped gym. Green 2 Residences, along with Greenmist Property Management Corporation, keep residents safe with features such as 24/7 security and CCTV network with centralised round-the-clock security. The professional team of SMDC Prime Key offers hassle-free leasing and tenancy management services for investors and home seekers.
WINNER
BEST HIGH END CONDO DEVELOPMENT (SOUTHERN LUZON)
Green 2 Residences by SM Development Corporation (SMDC)
HIGHLY COMMENDED
BEST LIFESTYLE DEVELOPMENT
Green 2 Residences by SM Development Corporation (SMDC)
FACT BOX
Developer: SM Development Corporation (SMDC) Product type: Mixed-use condominium Architect: ASYA Design Launch date: January 2018 Completion date: June 2022 Total land area: 16,174 sqm Number of units: 3,254 Unit size: 18.98-26.53 sqm (studio units), 31.57-35.23 sqm (two-bedroom units) Facilities: Covered porch, function hall, study hall, open lawns, swimming pool, gazebo, gym Monthly maintenance fees: PHP75 per sqm Price range: PHP3.3- 5.6 million
Sales office contact:
Tel: +63-999-991-7632 Email: smdc.com/contact Address: 15/F Tower B, Two E-com Center, Bayshore Avenue, Mall of Asia Complex, Pasay City, Metro Manila 1300, Philippines
SOPHIA, THE HONG KONG-MADE HUMANOID ROBOT, BREAKS OUT IN A SMILE, A SIGN OF THE MANY GAINS MADE IN THE FIELD OF ARTIFICIAL INTELLIGENCE OVER THE LAST FEW YEARS. GINGER STOCK/SHUTTERSTOCK
HLB
www.hlb.global
