Cambodia Joins Asian Property Awards Program

• 31 December 2015
• Local News
• 883 Views

Undoubtedly home to one of Southeast Asia’s most exciting and rapidly evolving property markets, Cambodia is set to receive the region’s real estate industry seal of approval after it becomes the latest country to be included in the coveted, decade-old Asia Property Awards series.

Scheduled for 25 September, the Cambodia Property Awards 2015 will recognise and reward the achievements of the country’s most successful, dynamic and innovative developers and developments across the residential and commercial sectors, as well as introducing the market to a wider regional audience of affluent investors and major industry players.

“Although Cambodia is a comparatively small market, it is quickly emerging and is definitely deserving of the recognition it will receive,” said Terry Blackburn, CEO of Ensign Media, event organiser and publisher of Property Report in late April 2015 when Cambodia was officially enlisted in the program. “Competing here will also give the winners of the big awards the opportunity to compete in South East Asia Property Awards grand finale in Singapore in October.”

According to the organiser’s website, the inaugural Cambodia Property Awards is set to include 13 categories, which will be divided into three main clusters, namely Developer, Development, and Design. As is the case with all the Awards, successful entries — nominated by the public and industry peers — will be assessed by an independent panel of highly-experienced judges who shall conduct thorough site inspections of all shortlisted properties before the final decisions are made.

For Developer Awards, they will rate Best Developer and Special Recognition in Corporate Social Responsibility. For Development Awards, they will touch on Best Residential Development, Best Resort Development, Best Hotel Development, Best Office Development, Best Retail Development, Best Green Development, and Best Commercial Development. For the Design Awards, they will rate on Best Residential Architectural Design, Best Resort Architectural Design, Best Hotel Architectural Design, and Best Retail Architectural Design. There are specific criterions applied for each applicants to eligibly join the award contest.

While the number of entries from Cambodia haven’t released yet, the organiser is opening for the submission of entry forms from Cambodia developers by 17 July. The organiser said after the judging process they will announce the Winners and Highly Commended at Sofitel Phnom Penh Hotel on 25 September with a gala dinner format.

A special award – the Property Report Editor’s Choice for Real Estate Personality of the year will be in recognition of the person with the most significant contribution to Cambodia’s property industry in the past year, and is the only one not chosen by the independent panel of judges.

Free, fair, and transparent, the Asia Property Awards series is widely recognised as ASEAN’s most prestigious and premier real estate awards and has been rewarding excellence in Thailand, Singapore, the Philippines, Malaysia, Indonesia, Myanmar, Vietnam, and China since 2005. With the addition of Cambodia, the awards series continues to uphold its goal of shining a light on Asian real estate’s established and emerging markets.

Winning an Asia Property Award is a very significant and highly valuable recognition. The winners and highly commended companies and developments are recognised throughout Asia and the world for the exceptionally high standards they have achieved.

Besides getting a valuable marketing tool to give them the edge over their competitors, all winners and highly commended companies will receive: Unique Asia Property Awards gold trophy (winners only), high quality embossed and framed certificate, and exclusive logo use rights for 2 years. This can be used in promotional and public relations materials, in print and online, as well as a souvenir DVD of the Gala Dinner and Unlimited Gala Dinner Photo Rights use.

The Asia Property Awards do not charge for entry. The above benefits for winner and highly commended companies are subject to payment of the Logo License Fee. Other benefits include free advertising and promotion by the organiser’s Property Report Magazine and various international media partners.