Fourth installment of PropertyGuru Myanmar Property Awards opens 2018 competition

Nominations are now being accepted as the 2017 domestic winners head to the PropertyGuru Asia Property Awards Grand Final next month in Singapore.

- Entries open on 26 October for the Developer, Development and Design categories

- New categories announced for outstanding educational and resort villa development

- Search for the new Real Estate Personality of the Year in Myanmar begins

YANGON, Myanmar - 19 October 2017: The PropertyGuru Myanmar Property Awards are back for its fourth edition, which promises to be even bigger than the last, with the country's leading and emerging names in real estate once again participating.

Organised by the PropertyGuru Group, Asia's foremost online property group, the 2018 edition will include categories for the best developer, boutique developer, condominium, housing, mixed-use, serviced apartment, hotel, office, retail and green development. Additionally, there will be residential and commercial design categories, plus special awards in corporate social responsibility and sustainable development, and new categories for Best Educational Development and Best Resort Villa Development.

"We are pleased that we are once again able to come together to celebrate the best of Myanmar's real estate and to provide a benchmark for recognising quality development," said Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards, who launched the new edition at a press conference held at the Sedona Hotel Yangon, the official hotel venue.

"Whilst the domestic property market has undoubtedly had a challenging in recent quarters, we are confident that in the years ahead, once regulatory challenges have been met, that Myanmar will once again be one of the top investment destinations for real estate in Asia," he added. "PropertyGuru will be here to recognise the outstanding developers and their projects to encourage more quality development in Myanmar."

Eligible entrants can send their accomplished entry forms from 26 October 2017 to 8 June 2018. There is no fee to enter. Terms and conditions apply.

The fourth edition of the PropertyGuru Myanmar Property Awards has been announced as the main domestic winners in 2017 are preparing to compete in the regional PropertyGuru Asia Property Awards Grand Final next month in Singapore to be named the ‘Best in Asia'.

Marga Landmark, current holder of the Best Developer (Myanmar) title, leads the country's delegation to the prestigious grand final ceremony, fielding its acclaimed The Central mixed-use project. James Smith, the company's senior manager, joined the 2018 edition press launch in Yangon to share his insights and the benefits of winning the stamp of approval from Myanmar's industry leaders.

Also present at the media briefing was Zaw Erskine, director at BDO Myanmar, the official supervisor of the Awards, and Richard Emerson, managing director of Emerson Real Estate and the incumbent chairman of the PropertyGuru Myanmar Property Awards' independent judging panel.

"Despite all the challenges, Myanmar still remains a bright prospect for the future. With the government continuing to open up the economy and encourage both foreign and local investment, the market shows strong fundamentals, and there is an inherent need to modernise and improve the country's real estate and infrastructure to keep pace with the country's growth," said Emerson.

In addition to being a gathering of the country's finest developers and VIPs, the PropertyGuru Myanmar Property Awards programme has been supported by Myanmar's government leaders over the years, with U Aung Naing Oo, Director General of the Directorate of Investment and Company Administration (DICA), and Secretary of the Myanmar Investment Commission, delivering the keynote address during the third annual gala dinner held back in June.

More than 20 competition and special awards are open for competition, with the official shortlist of nominees to be announced in the first week of July 2018. A special award for the Myanmar Real Estate Personality of the Year will be also unveiled by PropertyGuru Property Report, Asia's leading luxury real estate, architecture and design publication, before the fourth annual gala dinner that will take place on Friday, 10 August 2018.

The PropertyGuru Myanmar Property Awards is supported by official portal partner ShweProperty.com; media partner PropertyGuru Property Report; supporting associations British Chamber of Commerce in Myanmar and European Chamber of Commerce in Myanmar; official hotel venue Sedona Hotel Yangon; official supervisor BDO, the world's fifth largest network of accounting and auditing firms.

For more information about the PropertyGuru Myanmar Property Awards, email info@asiapropertyawards.com or visit the official website: AsiaPropertyAwards.com/Myanmar.

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About PropertyGuru Myanmar Property Awards:

Returning for a fourth edition on 10 August 2018 at the Sedona Hotel Yangon, the PropertyGuru Myanmar Property Awards is part of the regional PropertyGuru Asia Property Awards programme established in 2005. With a professionally run awards system supervised by BDO, the world's fifth largest auditing and accountancy firm, the PropertyGuru Myanmar Property Awards is the biggest and most credible industry awards in the country, with the top and emerging names in real estate celebrating the best developers, projects and design in the country.

About PropertyGuru Asia Property Awards:

The PropertyGuru Asia Property Awards, the region's biggest and most prestigious real estate awards series, is recognised as the ultimate hallmark of industry excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards has an unparalleled reputation for being credible, fair and transparent.

Established in Thailand in 2005 to ‘recognise the region's finest in real estate', the Awards acknowledge, reward and celebrate the extraordinary achievements of developers and developments at a domestic and regional level. The Awards is a milestone event in the real estate industry calendar and is attended by key decision makers as well as esteemed trade and consumer media. Annually, the Awards covers 17 key markets in the Asian continent via a series of domestic gala ceremonies, hosting up to 600 senior industry figures, to recognise excellence within each Asian market, culminating in a Grand Final at the end of the year.

In 2017, the PropertyGuru Asia Property Awards celebrates its 12th anniversary, and features nine domestic gala ceremonies in eight countries: Cambodia, the Philippines, Vietnam, Myanmar, Malaysia, Thailand, Indonesia and Singapore. The Awards series has also been expanded this year to include categories for Mainland China, Hong Kong, Macau, Mongolia, Laos, India, Sri Lanka, the Maldives and South Korea.        

Domestic winners from these 17 markets will then advance to the final round and compete for regional awards. The regional winners will be announced on the night of the PropertyGuru Asia Property Awards Grand Final to be held in Singapore on 8 November 2017.

For more information, please visit AsiaPropertyAwards.com

About PropertyGuru Group:

PropertyGuru Group is Asia's foremost online property company. Voted by consumers in 2016 as ‘Asia's Most Influential Brand for Online Property Search', PropertyGuru helps over 16 million people find their dream home - every month.

Headquartered in Singapore, PropertyGuru.com.sg was launched in 2007 by two entrepreneurs. They had a vision to simplify the property search process and help renters, buyers, sellers and investors make confident property decisions - faster.

Today, it has grown from being a media company to a high-growth technology company. Beyond operating a suite of No.1 property portals and award-winning mobile apps, the Group also manages a host of industry-leading property offerings such as publications, events, awards and a project marketing technology platform - across eight countries in Asia.      

For more information, please visit www.propertyguru.com