Mongolian developers join elite list of contenders for PropertyGuru Asia Property Awards 2017

Outstanding developers and projects from Mongolia are competing in the regional grand final following a strict selection process.

ULAANBAATAR, Mongolia - 25 October 2017: Five companies from Mongolia have made the elite shortlist of the annual PropertyGuru Asia Property Awards, the region's biggest and most respected real estate awards programme, which takes place in Singapore this November.

In association with MGL International LLC, the final list of nominees was unveiled by organiser PropertyGuru Group to recognise Mongolia's best developers and showcase their achievements on a regional platform as the country joins the prestigious property tilt for the first-time ever.

NCD Group, an Ulaanbaatar City-based firm that has built a reputation for conducting social impact assessments and green construction practices, has been shortlisted for a Special Recognition in Sustainable Development. The company has been known to plant trees on the banks of Tuul River, Bogd Khan Mountain and the Nairamdal area yearly.

Diversified company Turelt LLC is shortlisted for the Best Boutique Developer award for adhering to international technical standards and employing security technologies in its projects.

In the Best Apartment Development category, Parkview Residence by Jiguur Grand Group faces Olympic Residence by Asia Pacific Investment Partners. Both apartments are nearing completion and offer retail amenities so that residents can stay in their respective communities during Mongolian winters. Jiguur Grand Group has also been cited for its corporate social responsibility (CSR) initiatives.

The lone shortlist for the Best Hotel Development award is Red Rock Resort and Conference Center by Undur Ulaan Travel LLC. Located in Gorkhi Terelj National Park, the IACC Green Star-certified hotel opened its doors in 2016 and features contemporary, minimalist aesthetics.

An independent judging panel based in Mongolia (led by Christopher de Gruben, managing partner, FRGS, MRICS - Registered Valuer, Accredited Expert Witness) deliberated on the eligible entries for this competition under the guidance of BDO, the world's fifth biggest accountancy and auditing firm, the official supervisor of the Awards.

 

Mongolian developers are now headed to the seventh annual gala dinner of the PropertyGuru Asia Property Awards Grand Final on 8 November for the black-tie ceremony to be held at Singapore's Sands Expo and Convention Center at Marina Bay Sands, where around 400 key senior figures from around Asia will participate.

Celebrating its landmark 12th year, PropertyGuru's premier awards series has gone Asia-wide in 2017, with Mongolia, Sri Lanka, Hong Kong and Macau participating at the much-awaited grand final event, joining domestic winners from Cambodia, the Philippines, Vietnam, Myanmar, Malaysia, Thailand, Indonesia and Singapore.

Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards, said: "It is extremely satisfying to see the Asia Property Awards grow and expand into new markets every year. We're proud to introduce the region's most respected and most recognised real estate accolades to vibrant new territories and emerging markets like Mongolia, which hosts a diverse property market with lots of potential."

Zundui Bayaraa, CEO of MGL International, said: "The time has come for local developers to become more innovative, as they are facing a new era of competition. I believe that Mongolian developers and projects should gain recognition across Asian markets in general. It is important that they will now be evaluated and recognised by a trusted and respected regional platform such as the PropertyGuru Asia Property Awards."

The exclusive gala dinner for shortlisted companies will begin with a two-hour international networking cocktail reception, followed by the opening remarks and speeches, four-course dinner, and the awards ceremony proper. Alongside the gala dinner, PropertyGuru's C-suite conference - the two-day Asia Real Estate Summit 2017 - will be held at the same venue in the daytime.

Presented by title sponsor Kohler, the PropertyGuru Asia Property Awards 2017 is supported by co-sponsors Regus and Mitsubishi Electric; official portal partners PropertyGuru.com.sg and Lankapropertyweb.com; official South Korea newspaper Korea Economic Times; media partners Southeast Asia GLOBE, Realestate.com.kh, InDesign Media Asia Pacific, and PropertyGuru Property Report, Asia's leading luxury real estate, architecture and design magazine; supporting association European Chamber of Commerce in Singapore; and official supervisor BDO, the world's fifth biggest accountancy and auditing firm.

For more information about the PropertyGuru Asia Property Awards, visit the official website: AsiaPropertyAwards.com 

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Note: Use of the PropertyGuru Asia Property Awards (Mongolia) logo is limited to the publication of this article only.

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Press Enquiries: Richard Allan Aquino Corporate Communications Manager Tel: +66 92 954 4154 Email: allan@propertyguru.com    Tickets & Sales: Thanita Srirattanachoti (Note) Solutions Executive (Greater China, Mongolia) Tel: +66 96 419 2287 Email: note@propertyguru.com

Media Partnerships: Tanattha Saengmorakot Media Relations Executive Tel: +66 98 251 5224 Email: tanattha@propertyguru.com    Nominations & Entries: Preaw Rungruangrayupkul (Pauline) Awards Entries Manager Tel: +66 81 256 9900 Email: pauline@propertyguru.com

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