Mar 01, 2019

2019 PropertyGuruAsia (Sri Lanka) Awards officially opens

PropertyGuru, Asia’s leading property technology company and the host of the region’s largest and most respected real estate awards, has officially opened the nominations and entries period for its prestigious competition to take place on Friday, 26 July 2019, at the Shangri-LaHotel in Colombo.

The 3rd Annual PropertyGuru Asia Property Awards (Sri Lanka) recognises the year’s most outstanding developers, projects and design. Online submissions are now being accepted at Nominations are open to the industry and the public.

Open categories include Best Condo, Housing, and Residential Development in Colombo, North East, Central, and Southern Sri Lanka. There are also commercial categories for Best Retail, Office, Mixed Use, Industrial, Hotel Development, and Boutique Hotel Development. A new category for Best Residential Development (Maldives) has been added due to strong interest from residential developers on the island.

A few special awards are lined up for entrants with exemplary track record in Corporate Social Responsibility (CSR), Sustainable Development, Design and Construction, Customer Care, and Building Communities initiatives. In addition, a new Sri Lanka Real Estate Personality of the Year awardee will be named; it was presented for the first time in 2018 by the editors of PropertyGuru Property Report magazine to Pradeep Moraes, Director of Indocean Developers (Pvt) Ltd, and Chairman of the Condominium Developers Association of Sri Lanka (CDASL).

The highest honours will go to the Best Developer and Best Boutique Developer. The main category winners of the local competition will then be eligible to compete at the regional Asia Property Awards Grand Final to be held in Bangkok, Thailand in late November where finalists from more than 15 markets from Sri Lanka to Australia will vie for regional accolades.

Sri Lanka’s real estate industry has shown great potential for growth following the enthusiastic response of entrants to the first two editions of the competition. One of the country winners, the twin towers of Altair –– designed by legendary architect Moshe Safdie –– eventually took home the Best Condo Architectural Design (Asia) at the Grand Final in November 2018, besting 11 other finalists from across the Asia-Pacific region for its cutting-edge and pioneering concept.

With a solid reputation for fairness, transparency and credibility, the 2019 PropertyGuru Asia Property Awards (Sri Lanka) will be independently judged by a respected panel of experts led by Dr. Nirmal de Silva, Director and CEO of Paramount Realty. The judges will also conduct supervised site inspections for longlisted nominees.

“Sri Lankan developers have illustrated that they can rub shoulders with industry peers in the region in terms of design, creativity and quality, whilst displaying high levels of professionalism and integrity to take the industry forward. Our site visits, which are done as part of the process, is absolutely crucial to understand key elements such as design ethos, compliance, market positioning and overall quality.It definitely makes my job as head judge and my fellow judges on the panel rather tough but equally interesting,” said De Silva at the historic 2018 ceremony, which was held for the first time in Colombo and keynoted by minister of Megapolis and Western Development - Patali Champika Ranawaka.

Key dates for the 2019 edition are:

3 December 2018 – Nominations and Entries Open
24 May 2019 – Nominations Close
31 May 2019 – Entries Close
17-28 June 2019 – Site Inspections
1 July 2019 – Final Judging
26 July 2019 – Gala Dinner and Awards Ceremony in Colombo, Sri Lanka
29 November 2019 – Grand Final in Bangkok, Thailand