Cambodia Property Awards 2018 Takes Off

The nominations for Cambodia Property Awards 2018 now open freely for developers and the general public until 5 January, while the entries are accepted until 12 January 2018, said the program’s press release issued on 21 June.

Organized by an Asia’s foremost online property company PropertyGuru Group, the PropertyGuru Cambodia Property Awards is part of the regional Asia Property Awards program incepted in 2005. Now turn to third edition, the program is the biggest real estate event and most exclusive industry in the Kingdom that is scheduled for 16 March 2018 at Phnom Penh’s Sofitel Phnom Penh Phokeethra Hotel.

Speaking at the 2018 awards’ press conference in June 2017, the organizers encourage property developers and recognized firms specifically located in Phnom Penh, Siem Reap and Sihanouk Ville to register for the vying awards.

Categories are grouped into three main section; Developer, Development and Design. A selection of special awards will also be granted for promoting Corporate Social Responsibility (CSR) and excellence in sustainable development, green building and universal design.

With a professionally run awards system supervised by Binder Dijker Otte (BDO), one of the world’s largest accounting and auditing firms is widely recognized for its fairness and transparency. The event awards is judged by an independent panel of industry experts.

Mr. Sorn Seap, the founder and director of Key Real Estate Co., Ltd who is the program’s head of independence judge told Construction and Property Magazine that the judge team conducts the site visit to all the shortlisted project sites for seriously evaluation which will take about one to two weeks for each project.

“After the final appraisal performance, we will conduct the two judgment meetings before issuing a formal decision whether which project should be nominated as the winners,” he explained.

“The Awards has become a great contributor to the construction and real estate industries in Cambodia as it attracts foreign investors around the world to invest in the Kingdom’s property sector,” he emphasized. Agreeing with Mr. Sorn Seap, Founder and Managing Director of the PropertyGuru Asia Property Awards, Mr. Terry Blackburn said the Awards will boost even better quality construction, more innovative designs and sustainable developments in the year a head.

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