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THE LONGEST-RUNNING REAL ESTATE AWARDS PROGRAMME IN THAILAND TO MAKE COMEBACK AS EXCLUSIVE, IN-PERSON GALA EVENT IN BANGKOK

• Black-tie gala dinner and ceremony to be held 25 November 2022 at The Athenee Hotel, a Luxury Collection Hotel, Bangkok, with livestreaming on AsiaPropertyAwards.com and partner channels
• Highly awaited, long-running awards programme opens anew as residential real estate market shows rebounding sentiment and positive signs of recovery in 2022
• Nominations and entries open to the general public until 9 September 2022, with new categories at stake

With rising optimism in the real estate market, the PropertyGuru Thailand Property Awards, the longest-running real estate awards in the country, are set to stage a comeback as an exclusive, safely conducted, in-person event for 2022.

Following a successful virtual gala event in 2021, the 17th Annual PropertyGuru Thailand Property Awards, presented by Mitsubishi Electric, will be held as a black-tie gala dinner and ceremony at The Athenee Hotel, a Luxury Collection Hotel, Bangkok on Friday, 25 November 2022.

The Thai edition of the PropertyGuru Asia Property Awards has new categories at stake this year for the nation’s finest developers and projects. They include never-before-presented honours for the nation’s most well-connected developments; waterfront properties; and eco-friendly, pet-friendly projects.

Key dates and categories for 2022 are:

1 January 2022 – Entries Open
9 September 2022 – Entries Close
26 September – 14 October 2022 – Site Inspections
17 October 2022 – Final Judging
25 November 2022 – Gala Dinner and Awards Ceremony in Bangkok, Thailand
9 December 2022 – Regional Grand Final Gala Event

The comeback of the PropertyGuru Thailand Property Awards as a physical gala event coincides with improving market fundamentals, easing Covid-19 restrictions, and widespread distribution of vaccines across the nation, according to leading analysts.

Suphin Mechuchep, chairperson of JLL Thailand and chairperson of the independent judging panel of the PropertyGuru Thailand Property Awards, said: “Through challenges and opportunities, JLL has been there for the Thai property market for more than 30 years, and the pandemic is no exception. As global travel slowly resumes and confidence renews among investors and developers, we expect Thailand’s real estate market to be on the road to recovery. Led by real end users, the pent-up demand will usher in a strong rebound of the Thai real estate industry in the months to come.”

Suphin Mechuchep, chairperson of JLL Thailand

New supply is predicted to enter the residential market at the beginning of 2022 as developers and sellers offload their existing property to cater to consumers with strong purchasing power, according to the Thailand Property Market Outlook 2022 by DDproperty, the official property portal of the Awards. In addition, the DDproperty Thailand Property Market Price Index of landed Bangkok residential properties showed year-on-year growth in Q3 2021, especially for single detached houses.

Kamolpat Swaengkit, country manager of DDproperty, said: “Locations with the highest price growth are in Bangkok suburbs because most landed properties in these areas are more affordable for the majority. In addition, the expansion of BTS and MRT routes makes traveling to the city much more convenient.”

Kamolpat Swaengkit, country manager of DDproperty

Longevity, significance, and relevance

Analysts shared these and other insights today 9 March in a media roundtable launching the 2022 season of the PropertyGuru Thailand Property Awards. The press conference, held at the Pimarn Siam Hall of The Athenee Hotel, a Luxury Collection Hotel Bangkok, highlighted the longevity, significance and relevance of the PropertyGuru Thailand Property Awards programme as it enters its 17th edition.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We are delighted to be launching the 17th PropertyGuru Thailand Property Awards at a time of renewed confidence in the property market on the back of the gradual resumption of global travel and rising optimism in economic recovery. The PropertyGuru Awards in Thailand will support this positive sentiment with a return to our physical gala format in Bangkok this year, celebrating the resilience of the property market in the presence of the country’s finest developers and real estate achievers.”

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events

This year, developers will have a chance to compete in numerous all-new categories, including Best Leisure Facilities Development; Best Completed Condo Development; Best Completed Housing Development; Best Connectivity Condo Development; Best Connectivity Housing Development; Best Waterfront Condo Development; Best Waterfront Housing Development; Best Integrated WFH Development; Best Eco-Friendly Condo Development; Best Eco-Friendly Housing Development; Best Pet-Friendly Residential Development; Best Mega Mixed Use Development; and Best Eco-Friendly Commercial Development.

Eligible entries to all categories will undergo a rigorous selection process overseen by HLB Thailand, the official supervisor of the Awards, under the leadership of Paul Ashburn, co-managing partner of HLB Thailand and ASPAC leader at HLB Real Estate Group.

Paul Ashburn ASPAC Leader, HLB Real Estate Group and Co-Managing Partner, HLB Thailand

This year’s gala dinner and ceremony are made possible by the support and generosity of Mitsubishi Electric, the platinum sponsor of the Awards.

Awards reception

Following the press conference, the winners and Highly Commended recipients of the 16th PropertyGuru Thailand Property Awards 2021 safely gathered to receive their golden statuettes and citations in an intimate reception for awardees at the Crystal Hall of The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Sansiri Public Company Limited won last December the ultimate accolade of Best Developer (Thailand), a title it had previously won in 2013. It then represented Thailand in competition for the title of Best Developer (Asia) at the 16th PropertyGuru Asia Property Awards Grand Final.

Praiya Bunnag, chief sales officer of Sansiri PLC, said: “Winning the Best Developer award is a reaffirmation of our competitive advantage as a fully integrated development company honed by almost four decades of experience in providing a comprehensive range of services to home buyers in Thailand. We are pleased to see consumers and investors make elevated property decisions through the Awards and find their way to our award-winning houses, townhomes and condominiums. The honours we have received over the years from the PropertyGuru Asia Property Awards have only strengthened our resolve to continue to create best-in-class built spaces that are Made for Life, Made for Everyone.”

The 17th PropertyGuru Thailand Property Awards will be live-streamed to an international audience on AsiaPropertyAwards.com and partner digital platforms, extending the programme’s reach to consumers and agents throughout Asia Pacific. Highlights of the 2021 virtual gala series will air during the livestream.

Last year’s edition of the PropertyGuru Thailand Property Awards marked the programme’s first virtual gala event, with highlights that aired on the History Channel. The 2021 PropertyGuru Asia Property Awards online gala series, which included the Awards in Thailand, was viewed more than 437,000 times worldwide in a span of two months.

Established in 2005, the PropertyGuru Thailand Property Awards is known as the longest-running real estate awards programme of its kind in Thailand. The PropertyGuru Thailand Property Awards originated the PropertyGuru Asia Property Awards series, which has expanded over the years to cover 18 dynamic real estate markets, including Australia, the Chinese territories, Japan, India, and Sri Lanka. Now in its 17th edition, the annual gala dinner and presentation of the PropertyGuru Thailand Property Awards attracts 600 guests, including C-level and senior industry figures and select members of media.

Kaori Takahashi Managing Director, Mitsubishi Elevator (Thailand) Co.,Ltd

Organised by Southeast Asia’s leading property technology company, PropertyGuru Group, the 17th PropertyGuru Thailand Property Awards programme is supported by platinum sponsor Mitsubishi Elevator; official portal partner DDproperty.com; official magazine PropertyGuru Property Report; media partner Think of Living; and official supervisor HLB.

For more information, email [email protected] or visit the official website: AsiaPropertyAwards.com.