PropertyGuru Asia Real Estate Summit concludes ninth edition, focusing on ‘Powering Communities’

• 20 December 2023
• International News
• 1101 Views

GLOBAL THOUGHT AND INDUSTRY LEADERS JOINED THIS YEAR’S SUMMIT TO TACKLE THE FUTURE OF CITIES

PropertyGuru Asia Real Estate Summit (ARES), the thought leadership platform of PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, held its highly anticipated ninth edition featuring global thought and industry leaders, focusing on the theme, “Powering Communities”, and how responsible leaders can build and improve tomorrow’s cities.

ARES 2023 brought together more than 400 delegates from around the world for an inspiring, insightful hybrid conference and event. Nearly 40 speakers initiated much-needed, thought-provoking conversations around the future of communities, business, leisure, and innovation.

This year’s theme aligns with PropertyGuru Group’s vision to power communities to live, work, and thrive in tomorrow’s cities. This vision was unpacked during the welcome keynote of PropertyGuru Group CEO & Managing Director, Hari V. Krishnan, who mentioned that ARES 2023 was being held on the eve of the 16th anniversary of PropertyGuru Group’s founding as a company.

“As a responsible market leader, we strive towards empowering everyone in their property journey to make confident property decisions through relevant content, actionable insights, and world-class service. From enabling homebuyers to find and finance their dream homes to helping expats find suitable accommodations, to supporting our enterprise clients to make the right investments, to sharing authentic first-party data with banks and valuers, and providing meaningful information to policymakers, we are there with each stakeholder, guiding them at every step of their way,” Hari said.

The first segment of ARES 2023, “Live: Future of Communities”, continued with a keynote address on new economic drivers and the outlook for Asia in 2024 from Sumana Rajarethnam, Director, South-East Asia, Economist Intelligence Corporate Network. The segment also featured a keynote from Kenya-based Dr. Edlam Abera Yemeru, Chief of the Knowledge and Innovation Branch at UN-Habitat, on adoptive communities and the creation of SDG Cities. David Gissen, Author, Designer, Educator, Consultant / Professor of Architecture and Urban History, Parsons School of Design, then delivered the International Keynote on rethinking buildings and the concept of the one-story city.

The second segment, “Work: Future of Business”, kicked off with Chelsea Perino, Managing Director, Global Marketing & Communications, The Executive Centre, who delivered a talk on the creative evolution of workspaces and hybrid work arrangements.

The first panel discussion of the day was led by Manav Kamboj, Chief Technology Officer and Managing Director, Fintech at PropertyGuru Group. The tech panel discussed the use of A.I. in design, data, digital twins, and metaverse blockchain technologies, with speakers Jirayut “Topp” Srupsrisopa, Founder & Group CEO, Bitkub Capital Group Holdings Co., Ltd.; Prof. Jason Pomeroy, Founding Principal, Pomeroy Studio & Pomeroy Academy / Fellow, University of Cambridge Institute for Sustainability Leadership; and Wenhui Lim, Director, SPARK Architects.

Concluding the second segment and the morning sessions was a presentation from PropertyGuru For Business, showcasing the latest investments in data science to develop products and solutions for enterprise customers and partners in the Southeast Asian region. PropertyGuru Group’s Jeremy Williams, Managing Director, Marketplaces, and Shyn Yee Ho-Strangas, Managing Director, Data and Software Solutions, inaugurated the session and discussed unlocking value for businesses, followed by Dr. Nai Jia Lee, Head of Real Estate Intelligence, Digital and Software Solutions, who talked about urbanism and the liveability index. The presentation ended with Bob Koppes, Director of Strategies, who presented using payment and mobility data analytics.

The afternoon sessions opened the third segment of ARES 2023, titled “Thrive: Future of Leisure”, with a virtual presentation from Malaysia’s David Chong, COO of REHDA Institute, who talked about building affordability in megacities. The segment continued with panel discussions on destination dining; the rise of pet culture in urban areas; and demographic changes reshaping property markets. The panel speakers included Dr. Aladdin D. Rillo, Senior Economic Advisor, Economic Research Institute for ASEAN and East Asia (ERIA); Amy Sawitta Lefevre, Former International Journalist (ex-Reuters); Christine Li, Head of Research, Asia Pacific, Knight Frank; Colin Chee, Creator & Creative Director, Never Too Small; Didi Almeyda, Author, Former Journalist & Indonesia’s Animal Whisperer; Jessica Zafra, Award-winning Author, Journalist, Animal Welfare Advocate; Keiran Gibb, Founder and Director, Monogic; Michelle Martin, Broadcaster & Talk Show Host, Money FM 89.3; Pippa Woodhead, Head of Podcasts, Tigerhall; and the husband-and-wife team of Tanjira “Fay” Tragoolvongse, Owner & Manager, Cadence by Dan Bark / Caper by Dan Bark, and Chef Dan Bark, who was awarded the Michelin Star for Cadence just after six months of opening.

Andrea Savage, Co-CEO of A Life B Design, a renowned interior designer, and former HGTV Asia presenter, jointly delivered the Design Keynote on the universal language of spaces and transformative experiences with Cameron Richards, Founder & CEO, CPR Vision Management.

As chairperson of ARES, Stephen Oehme, Value Management Specialist and sustainability Advocate / Managing Director, Quantum, joined in virtually via video feed from COP28 in Dubai to talk about the latest in sustainable development goals, inclusive approaches to development, and the decentralization of cities.

ARES continues to be an inclusive and diverse event with half of the expert line-up comprising women and/or members of the LGBTQ+ community. ​This year, Shane Bhatla, Associate Director, Equal Asia Foundation, delivered an Expert Talk on inclusive language in real estate for minorities and people with disabilities, closing the third segment.

The final segment of the summit, “Thrive: The Future of Innovation”, opened with a keynote from India’s Vinu Daniel, Founder of Wallmakers. The climate-responsive architect, who was recently named as one of TIME100 Next and delivered a well-received TED2023 talk last April, was presented the PropertyGuru Visionary Award at ARES 2023 for his sustainable designs using mud and debris.

Ar. Daniel told Property Report by PropertyGuru, the official magazine of the ARES 2023: “Construction is happening everywhere all the time. It would be great if we can share our knowledge.”

Colin Chee, creator and founder of the popular web channel, Never Too Small, who won last year’s Visionary Award, returned to the ARES stage to present a case study on interior design that repurposes waste from construction and demolition sites. The case study included preview clips from his “Wonderful Waste” limited series.

The fourth segment included The Leaders Panel discussion on multi-sector real estate, industry resilience, and challenges in sustainable development with Cyndy Tan Jarabata, President, TAJARA Leisure and Hospitality Group; Hang Dang, Managing Director, CBRE Vietnam; Rita Chow, Founder & Chief Business Officer, Sunshine PR (China); Stephen Pimbley, Founding Partner & Director, SPARK Architects; and moderator Marco Lobregat, Asia Editor, Bridges / International Director, Synergy Media Specialists.

Ornpaka (Tong) Vudhikosit, Senior Industry Manager (Travel, Real Estate, and eCommerce), Google Thailand, concluded the fourth segment with an expert talk on the future of digital innovation.

Following the summit, distinguished participants and guests took part in the ARES VIP Cocktail Party: Celebration of Women, honoring industry leaders who embody the spirit of “live, work, thrive”. The 2023 ARES Power Women were: Andrea Savage, Co-CEO, A Life By Design; Chelsea Perino, Managing Director, Global Marketing & Communications, The Executive Centre; Coco Liu, Chief Regional Officer, Asia Pacific, HLB International; Esther An, Chief Sustainability Officer, City Developments Limited / Chair, Corporate Advisory Board, World Green Building Council; Hang Dang, Managing Director, CBRE (Vietnam) Co., Ltd.; and Joanne Kua, Group CEO, KSK Group.

ARES 2023 was one of the anchor events of PropertyGuru Week attended by top executives and industry leaders in the region. The week started with the Real Estate Leaders’ Roundtable on 6 December, hosted by PropertyGuru For Business; followed by ARES 2023 and the ARES VIP Cocktail Party on 7 December; and two exclusive galas on 8 December: the International Luncheon to present the country awards for China, Greater Niseko, and India, and the 18th PropertyGuru Asia Property Awards Grand Final, which drew country and regional winners from Southeast Asia, China, Japan, India, and Australia. The week closed with a private screening at Cinema Oasis Bangkok for “Wonderful Waste” by Never Too Small.

PropertyGuru Asia Real Estate Summit 2023 is supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; official publicity partner Artemis Associates; media partners Bridges, d+a Magazine, Hot Magazine, Manila Bulletin, Powderlife, REm, and Techsauce; and supporting associations IFC – Excellence in Design for Greater Efficiencies, and REHDA Institute. The ARES VIP Cocktail Party was sponsored by PropertyGuru For Business, and partners Dao Ethical Gifts (Women Empowerment Project) and Fah Mai Holdings Inc.

For more information, email ares@propertyguru.com or visit the official website: AsiaRealEstate AsiaPropertyAwards.com.

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E: nate@propertyguru.com

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ABOUT PROPERTYGURU ASIA REAL ESTATE SUMMIT:
PropertyGuru Asia Real Estate Summit (ARES) is the premier gathering of the industry’s finest minds, top-level business leaders and decision-makers. Designed to ‘educate, innovate, and inspire,’ ARES focuses on advancements in property technology, green building, sustainability, diversity, inclusivity, and innovation. More than 500 registered in-person and virtual delegates, comprising real estate and proptech experts, climate heroes, sustainability champions, trendsetters, and tech startup executives from around the region and beyond participate to refresh thinking, exchange ideas, and connect with peers at ARES, which features global keynotes, case studies, panel discussions, partner booths and networking lunch.

ARES is part of the exciting ‘PropertyGuru Week’ in December 2023, coinciding with the PropertyGuru Asia Property Awards Grand Final gala and presentation ceremony, which is joined by the region’s finest real estate developers and leaders, and watched by investors, agents, and consumers via livestream.

For more information, please visit AsiaRealEstateSummit.com.

ABOUT PROPERTYGURU GROUP:
PropertyGuru is Southeast Asia’s leading¹ PropTech company and the preferred destination for over 37 million property seekers² to connect with almost 59,000 agents monthly³ to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings⁴, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.

For more information, please visit PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

Footnotes & Citation:

¹Based on SimilarWeb data between April 2023 and September 2023.

²Based on Google Analytics data between April 2023 and September 2023.

³Based on data between July 2023 and September 2023.

⁴Based on data between April 2023 and September 2023.

Group: Key Statistics as of November 2023

* Property seekers: 37 million

* No. of agents: 59,000

* Real estate listings: 2.9 million

Strong Category Leadership Drives Long-Term Growth Opportunities

As of September 30, 2023, PropertyGuru continued its Engagement Market Share*

* Singapore: 83% – 6.2x the closest peer

* Malaysia: 92% – 12.8x the closest peer

* Vietnam: 80% – 4.0x the closest peer

* Thailand: 51% – 1.7x the closest peer

*Based on SimilarWeb data between April 2023 and September 2023.

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